{
 "documentInfo": {
  "documentType": "https://xbrl.org/2021/xbrl-json",
  "features": {
   "xbrl:canonicalValues": true
  },
  "namespaces": {
   "ff": "http://finefoods.it",
   "ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/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://finefoods.it/8156009111DEE8553765-2025-12-31.xsd"
  ]
 },
 "facts": {
  "fact-3": {
   "value": "Fine Foods Pharmaceuticals N.T.M. S.p.A. ",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-1": {
   "value": "Via Berlino 39 \u2013 VERDELLINO (BG)",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-2": {
   "value": "Italia ",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-4": {
   "value": "252058868.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RevenueFromContractsWithCustomers",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-5": {
   "value": "243752830.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RevenueFromContractsWithCustomers",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-6": {
   "value": "1404036.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:MiscellaneousOtherOperatingIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-7": {
   "value": "1317440.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:MiscellaneousOtherOperatingIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-8": {
   "value": "253462904.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-9": {
   "value": "245070270.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Revenue",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-10": {
   "value": "139240012.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:CostsForConsumptionOfRawMaterialsChangeInInventoriesOfFinishedGoodsWorkInProgress",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-11": {
   "value": "141306663.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:CostsForConsumptionOfRawMaterialsChangeInInventoriesOfFinishedGoodsWorkInProgress",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-12": {
   "value": "52468547.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:EmployeeBenefitsExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-13": {
   "value": "47623798.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:EmployeeBenefitsExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-14": {
   "value": "25807034.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ServicesExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-15": {
   "value": "23601211.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ServicesExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-16": {
   "value": "1514645.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:MiscellaneousOtherOperatingExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-17": {
   "value": "2118224.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:MiscellaneousOtherOperatingExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-18": {
   "value": "18016341.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DepreciationAndAmortisationExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-19": {
   "value": "15776371.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DepreciationAndAmortisationExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-20": {
   "value": "237046579.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-21": {
   "value": "230426267.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OperatingExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-22": {
   "value": "16416325.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-23": {
   "value": "14644003.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossFromOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-24": {
   "value": "-0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:ChangesInFairValueOfCurrentFinancialAssetsLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-25": {
   "value": "12881.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:ChangesInFairValueOfCurrentFinancialAssetsLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-26": {
   "value": "200769.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-27": {
   "value": "699711.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-28": {
   "value": "3046807.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-29": {
   "value": "3498895.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceCosts",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-30": {
   "value": "13570287.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-31": {
   "value": "11831939.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLossBeforeTax",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-32": {
   "value": "3473001.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-33": {
   "value": "3676060.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-34": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-35": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-36": {
   "value": "0.41",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "fact-37": {
   "value": "0.33",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:BasicEarningsLossPerShare",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "fact-38": {
   "value": "0.41",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "fact-39": {
   "value": "0.33",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:DilutedEarningsLossPerShare",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR/xbrli:shares"
   }
  },
  "fact-40": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-41": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-42": {
   "value": "77730.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-43": {
   "value": "14282.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-44": {
   "value": "18655.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-45": {
   "value": "3428.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-46": {
   "value": "59075.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-47": {
   "value": "10854.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-48": {
   "value": "10156360.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-49": {
   "value": "8166733.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-50": {
   "value": "144157789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-51": {
   "value": "126139938.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PropertyPlantAndEquipment",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-52": {
   "value": "11507954.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Goodwill",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-53": {
   "value": "11507954.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Goodwill",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-54": {
   "value": "1924298.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-55": {
   "value": "1556083.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-56": {
   "value": "2894651.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RightofuseAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-57": {
   "value": "2906361.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RightofuseAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-58": {
   "value": "324052.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentNonfinancialAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-59": {
   "value": "597853.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherNoncurrentNonfinancialAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-60": {
   "value": "1864403.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-61": {
   "value": "3451347.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-62": {
   "value": "162673147.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-63": {
   "value": "146159536.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-64": {
   "value": "34954626.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-65": {
   "value": "31908612.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Inventories",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-66": {
   "value": "36606666.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-67": {
   "value": "37536476.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTradeReceivables",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-68": {
   "value": "47368.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxAssetsCurrent",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-69": {
   "value": "17998.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxAssetsCurrent",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-70": {
   "value": "6859387.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-71": {
   "value": "7758304.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-72": {
   "value": "38882901.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-73": {
   "value": "19210213.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-74": {
   "value": "117350948.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-75": {
   "value": "96431604.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentAssets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-76": {
   "value": "280024095.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-77": {
   "value": "242591140.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Assets",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-78": {
   "value": "22770445.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-79": {
   "value": "22770445.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IssuedCapital",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-80": {
   "value": "106946489.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherReserves",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-81": {
   "value": "102919409.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherReserves",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-82": {
   "value": "251002.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-83": {
   "value": "191928.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlans",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-84": {
   "value": "-6669789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:FtaReserve",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-85": {
   "value": "-6669789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:FtaReserve",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-86": {
   "value": "810290.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-87": {
   "value": "4691909.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-88": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:ProfitOrLossAttributableToOrdinaryEquityHoldersOfParentEntity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-89": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:ProfitOrLossAttributableToOrdinaryEquityHoldersOfParentEntity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-90": {
   "value": "134205722.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-91": {
   "value": "132059779.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-92": {
   "value": "72736116.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:LongtermBorrowings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-93": {
   "value": "34987777.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:LongtermBorrowings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-94": {
   "value": "1922357.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-95": {
   "value": "2143626.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-96": {
   "value": "2710805.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherLongtermProvisions",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-97": {
   "value": "1600000.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherLongtermProvisions",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-98": {
   "value": "303792.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-99": {
   "value": "284042.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DeferredTaxLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-100": {
   "value": "899666.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLeaseLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-101": {
   "value": "847512.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLeaseLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-102": {
   "value": "78572737.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-103": {
   "value": "39862958.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:NoncurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-104": {
   "value": "12752615.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ShorttermBorrowings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-105": {
   "value": "18367370.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ShorttermBorrowings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-106": {
   "value": "36351971.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-107": {
   "value": "36555144.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-108": {
   "value": "995522.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-109": {
   "value": "219112.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-110": {
   "value": "390589.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentLeaseLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-111": {
   "value": "325230.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentLeaseLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-112": {
   "value": "16754939.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-113": {
   "value": "15201547.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherCurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-114": {
   "value": "67245636.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-115": {
   "value": "70668403.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CurrentLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-116": {
   "value": "280024095.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:EquityAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-117": {
   "value": "242591140.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:EquityAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-118": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-119": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-120": {
   "value": "16521102.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForTangibleAssetsDepreciationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-121": {
   "value": "14394213.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForTangibleAssetsDepreciationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-122": {
   "value": "1002468.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForIntangibleAssetsAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-123": {
   "value": "917131.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForIntangibleAssetsAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-124": {
   "value": "492772.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForRightsOfUseAssetsDepreciationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-125": {
   "value": "462004.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForRightsOfUseAssetsDepreciationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-126": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDepreciationExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-127": {
   "value": "3023.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDepreciationExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-128": {
   "value": "-1010886.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-129": {
   "value": "-699711.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-130": {
   "value": "3814621.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceCosts",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-131": {
   "value": "3439943.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForFinanceCosts",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-132": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForFairValueOfFinancialAssetsAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-133": {
   "value": "12881.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForFairValueOfFinancialAssetsAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-134": {
   "value": "42303.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-135": {
   "value": "58951.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:FinanceCostsPaidClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-136": {
   "value": "1901006.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-137": {
   "value": "952274.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-138": {
   "value": "-61857.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-139": {
   "value": "-118199.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-140": {
   "value": "1832367.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForCurrentAssetsWriteDowns",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-141": {
   "value": "455149.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForCurrentAssetsWriteDowns",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-142": {
   "value": "-208414.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-143": {
   "value": "-106848.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-144": {
   "value": "1110805.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForProvisions",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-145": {
   "value": "1597895.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForProvisions",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-146": {
   "value": "1694124.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-147": {
   "value": "2800118.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-148": {
   "value": "-2781163.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-149": {
   "value": "-2736085.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-150": {
   "value": "-1139299.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-151": {
   "value": "-1259340.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-152": {
   "value": "-4690062.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-153": {
   "value": "10325127.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-154": {
   "value": "741491.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-155": {
   "value": "292083.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-156": {
   "value": "2605359.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForIncreaseDecreaseInOtherNonFinancialAssetsAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-157": {
   "value": "2718725.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:AdjustmentsForIncreaseDecreaseInOtherNonFinancialAssetsAndLiabilities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-158": {
   "value": "-203173.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-159": {
   "value": "4185682.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-160": {
   "value": "31760850.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-161": {
   "value": "45850897.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-162": {
   "value": "34626915.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-163": {
   "value": "33889860.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-164": {
   "value": "149821.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-165": {
   "value": "390009.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-166": {
   "value": "1370685.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-167": {
   "value": "838323.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-168": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:CashFlowsFromUsedInNetInvestmentsOrDisposalsInFinancialAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-169": {
   "value": "2780735.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:CashFlowsFromUsedInNetInvestmentsOrDisposalsInFinancialAssetsClassifiedAsInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-170": {
   "value": "-35847779.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-171": {
   "value": "-31557438.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-172": {
   "value": "71606480.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-173": {
   "value": "1511921.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-174": {
   "value": "39472896.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-175": {
   "value": "12121995.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-176": {
   "value": "363548.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-177": {
   "value": "416997.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-178": {
   "value": "3427544.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-179": {
   "value": "2937895.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-180": {
   "value": "-4582874.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:SaleOrPurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-181": {
   "value": "-118327.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ff:SaleOrPurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-182": {
   "value": "23759618.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-183": {
   "value": "-14083292.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-184": {
   "value": "19672688.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-185": {
   "value": "210167.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-186": {
   "value": "19210213.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-187": {
   "value": "19000047.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-188": {
   "value": "38882901.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-189": {
   "value": "19210213.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-190": {
   "value": "22770445.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-191": {
   "value": "5000000.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-192": {
   "value": "-14021029.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-193": {
   "value": "29741389.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-194": {
   "value": "86743750.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-195": {
   "value": "2286638.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-196": {
   "value": "4416281.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-197": {
   "value": "-6669789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:FTAReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-198": {
   "value": "181073.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-199": {
   "value": "22610.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-200": {
   "value": "-3522098.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-201": {
   "value": "126949268.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-202": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-203": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-204": {
   "value": "10854.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-205": {
   "value": "10854.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-206": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-207": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-208": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-209": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-210": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-211": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-212": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-213": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:FTAReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-214": {
   "value": "10854.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-215": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-216": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-217": {
   "value": "8166733.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-218": {
   "value": "-2937895.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-219": {
   "value": "-2937895.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-220": {
   "value": "-754088.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-221": {
   "value": "754088.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-222": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-223": {
   "value": "-118327.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-224": {
   "value": "-118327.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-225": {
   "value": "-7437309.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-226": {
   "value": "3915211.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-227": {
   "value": "3522098.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-228": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-229": {
   "value": "22770445.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-230": {
   "value": "5000000.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-231": {
   "value": "-14139356.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-232": {
   "value": "19366185.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-233": {
   "value": "86743750.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-234": {
   "value": "1532549.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-235": {
   "value": "4416281.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-236": {
   "value": "-6669789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:FTAReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-237": {
   "value": "191928.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-238": {
   "value": "4691909.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-239": {
   "value": "8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-240": {
   "value": "132059779.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-241": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-242": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ProfitLoss",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-243": {
   "value": "59075.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-244": {
   "value": "59075.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:OtherComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-245": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-246": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-247": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-248": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-249": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-250": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-251": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-252": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:FTAReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-253": {
   "value": "59075.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-254": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-255": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-256": {
   "value": "10156360.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:ComprehensiveIncome",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-257": {
   "value": "3427544.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-258": {
   "value": "3427544.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:DividendsPaid",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-259": {
   "value": "-4582874.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-260": {
   "value": "-4582874.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:PurchaseOfTreasuryShares",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-261": {
   "value": "12037498.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-262": {
   "value": "-3881619.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-263": {
   "value": "-8155879.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-264": {
   "value": "0.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:IncreaseDecreaseThroughAppropriationOfRetainedEarnings",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-265": {
   "value": "22770445.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-266": {
   "value": "5000000.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:StatutoryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-267": {
   "value": "-18722230.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-268": {
   "value": "15938641.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-269": {
   "value": "86743750.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-270": {
   "value": "13570047.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:ExtraordinaryReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-271": {
   "value": "4416281.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-272": {
   "value": "-6669789.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ff:FTAReserveMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-273": {
   "value": "251002.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-274": {
   "value": "810290.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsExcludingProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-275": {
   "value": "10097286.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember",
    "unit": "iso4217:EUR"
   }
  },
  "fact-276": {
   "value": "134205722.0",
   "decimals": 0,
   "dimensions": {
    "concept": "ifrs-full:Equity",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2026-01-01T00:00:00",
    "unit": "iso4217:EUR"
   }
  },
  "fact-277": {
   "value": "1.<span class=\"ffe ls0\"> <span class=\"_ _3d\"> </span><span class=\"ff5\">Informazioni s<span class=\"_ _0\"></span>ocietarie<span class=\"_ _75\"> </span></span></span>Il<span class=\"ls0\"> bilancio <span class=\"_ _2\"></span>consolidato di Fine <span class=\"_ _8\"></span>F<span class=\"_ _0\"></span>oods &amp; P<span class=\"_ _2\"></span>harmaceutical<span class=\"_ _0\"></span>s N.T.M. S.p.A. <span class=\"_ _2\"></span><span class=\"ff6\">per l\u2019esercizio chiuso <span class=\"_ _2\"></span>al 31 dicembre 20<span class=\"ff4\">25 <span class=\"_ _2\"></span>\u00e8 stato <span class=\"_ _2\"></span>approvato dal<span class=\"_ _75\"> </span></span></span></span>Consiglio d\u2019Amministrazione <span class=\"_ _0\"></span>in <span class=\"ff4\">d<span class=\"_ _0\"></span>ata 12 marzo 2<span class=\"_ _0\"></span>026.<span class=\"_ _75\"> </span></span>Il <span class=\"_ _2\"></span>perimetro di <span class=\"_ _8\"></span>consolidamento al <span class=\"_ _8\"></span>31 dicembre <span class=\"_ _8\"></span>202<span class=\"_ _0\"></span>5 include <span class=\"_ _8\"></span>la Capogruppo <span class=\"_ _8\"></span>Fine Foods <span class=\"_ _2\"></span>&amp; <span class=\"_ _8\"></span>Pharm<span class=\"_ _0\"></span>aceuticals <span class=\"_ _2\"></span>N.T.M <span class=\"_ _2\"></span>S.p.A<span class=\"_ _0\"></span>. <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>controllata<span class=\"_ _75\"> </span>Fine Cosmetics <span class=\"_ _0\"></span>S.p.A. La capogruppo Fine Foods &amp; <span class=\"_ _2\"></span>Pharmaceuticals N.T.M. S.p.A<span class=\"ff6\">. (nel seguito anche <span class=\"_ _2\"></span>\u201cFine Foods\u201d e/o la<span class=\"_ _2\"></span> \u201c<span class=\"ff4\">Societ\u00e0</span><span class=\"ls5\">\u201d),</span><span class=\"ff4\"> registrata e domiciliata<span class=\"_ _75\"> </span></span></span>a <span class=\"_ _0\"></span>Bergamo, <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>az<span class=\"_ _0\"></span>ioni, <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sede <span class=\"_ _3\"></span>legale <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>Via <span class=\"_ _3\"></span>Berlino <span class=\"_ _0\"></span>39, <span class=\"_ _3\"></span>Verdellino <span class=\"_ _3\"></span><span class=\"ff6\">\u2013<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>Zingonia <span class=\"_ _3\"></span>(BG<span class=\"_ _0\"></span>) <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>Italia. <span class=\"_ _3\"></span>Fine <span class=\"_ _0\"></span>Foods,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">quotata <span class=\"_ _3\"></span>al<span class=\"_ _75\"> </span></span>segmento S<span class=\"_ _2\"></span>TAR <span class=\"_ _2\"></span>dell\u2019MTA di <span class=\"_ _8\"></span>Borsa Italiana, <span class=\"_ _8\"></span>\u00e8 una <span class=\"_ _8\"></span>CDMO (Contract <span class=\"_ _2\"></span>Development <span class=\"_ _2\"></span>&amp; <span class=\"_ _2\"></span>Manufacturing Organization) <span class=\"_ _2\"></span>italiana indipendent<span class=\"ff4 ls3\">e.<span class=\"_ _75\"> </span></span>Il presente bilancio \u00e8 stato red<span class=\"_ _0\"></span>atto in Euro. <span class=\"_ _6f\"> </span><span class=\"ff5\">Eventi significativi del p<span class=\"_ _2\"></span>eriodo<span class=\"_ _75\"> </span></span>In <span class=\"_ _8\"></span>data 19 <span class=\"_ _8\"></span>maggio <span class=\"_ _8\"></span>2025<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>\u00e8 stato <span class=\"_ _8\"></span>presenta<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>il <span class=\"_ _2\"></span>nuovo <span class=\"_ _2\"></span>logo <span class=\"_ _2\"></span>del <span class=\"_ _8\"></span>Gruppo che <span class=\"_ _8\"></span>esprime <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>pos<span class=\"_ _0\"></span>izionamento <span class=\"_ _2\"></span>unico <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>Fine Foods <span class=\"_ _8\"></span>nei <span class=\"_ _8\"></span>tre <span class=\"_ _0\"></span>segmenti<span class=\"_ _75\"> </span>di <span class=\"_ _4\"></span>mercato <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iferimento <span class=\"_ _4\"></span>- <span class=\"_ _4\"></span>nutraceutico, <span class=\"_ _4\"></span>farmaceutico <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>cosmeti<span class=\"_ _0\"></span>co <span class=\"_ _4\"></span>-, <span class=\"_ _4\"></span>valorizza <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>sinergie <span class=\"_ _4\"></span>tra <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>sue <span class=\"_ _4\"></span>tre <span class=\"_ _4\"></span>Business <span class=\"_ _4\"></span>Unit <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>incarna <span class=\"_ _4\"></span>la<span class=\"_ _75\"> </span>visione <span class=\"_ _0\"></span>fut<span class=\"_ _0\"></span>ura <span class=\"_ _3\"></span>dell'azienda. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>me <span class=\"_ _3\"></span>Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _3\"></span>accompagnato<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>payoff <span class=\"_ _3\"></span>\u201cHealth <span class=\"_ _3\"></span>&amp; <span class=\"_ _3\"></span>Beauty<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>SDMO\u201d <span class=\"_ _3\"></span>esplicita <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>quale <span class=\"_ _3\"></span>segmento <span class=\"_ _4\"></span>d<span class=\"_ _3\"></span><span class=\"ff4 ls7\">i<span class=\"_ _75\"> </span></span>mercato <span class=\"_ _3\"></span>opera <span class=\"_ _4\"></span>(Salute <span class=\"_ _3\"></span>&amp; <span class=\"_ _3\"></span>Bellezza) <span class=\"_ _4\"></span>e, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>l\u2019introduzione <span class=\"_ _3\"></span>della <span class=\"_ _4\"></span>S <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>Services, <span class=\"_ _4\"></span>posiziona <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>modo <span class=\"_ _3\"></span>unico <span class=\"_ _4\"></span>nel <span class=\"_ _0\"></span>pa<span class=\"_ _4\"></span><span class=\"ff4\">norama <span class=\"_ _3\"></span>delle<span class=\"_ _75\"> </span></span>CDMO: <span class=\"_ _0\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>CSDMO<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>Contract <span class=\"_ _3\"></span>Services <span class=\"_ _3\"></span>Development<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>&amp; <span class=\"_ _3\"></span>Manufactur<span class=\"_ _0\"></span>ing <span class=\"_ _0\"></span>Or<span class=\"_ _0\"></span>ganization) <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>he <span class=\"_ _0\"></span>sta <span class=\"_ _3\"></span>ridefinen<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>tradiziona<span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span>modello CDMO, fornendo supp<span class=\"_ _0\"></span>orto end<span class=\"_ _0\"></span>-<span class=\"ls4\">to</span>-end d<span class=\"_ _0\"></span>urante l'intero ciclo di vita del pr<span class=\"_ _0\"></span>odotto. Nei pr<span class=\"_ _0\"></span>imi <span class=\"_ _0\"></span>giorni <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>luglio <span class=\"_ _0\"></span>2025, <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Capogruppo <span class=\"_ _0\"></span>Fine <span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>oods <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>sottoscritto <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>nuovo <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _0\"></span>chir<span class=\"_ _0\"></span>ografario <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>Banca <span class=\"_ _0\"></span>Nazi<span class=\"_ _3\"></span>onale<span class=\"_ _75\"> </span>del Lavoro per 20 m<span class=\"_ _0\"></span>ilioni di Euro in scadenza nel 20<span class=\"_ _0\"></span>30. Il <span class=\"_ _3\"></span>14 <span class=\"_ _4\"></span>luglio <span class=\"_ _3\"></span>2025 <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _4\"></span>annunciato <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>cambio <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>denominazione <span class=\"_ _4\"></span>sociale <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>Euro <span class=\"_ _3\"></span>Cosmetic <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>Fine <span class=\"_ _4\"></span>Cosmetics: <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>nome <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>guard<span class=\"_ _3\"></span><span class=\"ls19\">a<span class=\"_ _75\"> </span></span>avanti, <span class=\"_ _0\"></span>ma <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>porta <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>s\u00e9 <span class=\"_ _0\"></span>tutto <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>costruito <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>isce an<span class=\"_ _0\"></span>cora <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>Fine <span class=\"_ _0\"></span>Foods. <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>di<span class=\"_ _3\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">nom</span>e <span class=\"_ _0\"></span>\u00e8<span class=\"_ _75\"> </span>accompagnato dal lancio di un n<span class=\"_ _0\"></span>uovo logo, che si all<span class=\"_ _0\"></span>inea perfettamen<span class=\"_ _0\"></span>te all'identit\u00e0 visiva e ai valori d<span class=\"_ _0\"></span>el Gruppo F<span class=\"_ _0\"></span>ine Foods<span class=\"_ _3\"></span><span class=\"ls4\">. </span>Il 24<span class=\"_ _0\"></span> ott<span class=\"_ _0\"></span>obre <span class=\"_ _0\"></span>2025, l\u2019Agenzia <span class=\"_ _0\"></span>Italia<span class=\"_ _0\"></span>na <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>Farmaco <span class=\"_ _0\"></span>(AIFA) <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>rinnovato l\u2019auto<span class=\"_ _0\"></span>rizzazione <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>Capogruppo <span class=\"_ _0\"></span>Fine <span class=\"_ _0\"></span>Foods <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>prod<span class=\"_ _3\"></span><span class=\"ff4\">uzione<span class=\"_ _75\"> </span></span>di medicinali in<span class=\"_ _0\"></span> accordo con<span class=\"_ _0\"></span> le no<span class=\"_ _0\"></span>rme di buona fabbr<span class=\"_ _0\"></span>icazione, este<span class=\"_ _0\"></span>ndendola alla nu<span class=\"_ _0\"></span>ova espansione <span class=\"_ _0\"></span>dello stabilime<span class=\"_ _0\"></span>nto farmaceu<span class=\"_ _3\"></span>tico di<span class=\"_ _75\"> </span>Brembate. In <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>30 <span class=\"_ _4\"></span>ottobre <span class=\"_ _3\"></span>2025, <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>Capo<span class=\"_ _0\"></span>gruppo <span class=\"_ _4\"></span>Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _3\"></span>ha <span class=\"_ _4\"></span>sottoscritto <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>nuovo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziamento <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>medio <span class=\"_ _3\"></span>lungo <span class=\"_ _4\"></span>termine <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>Intesa <span class=\"_ _4\"></span>San<span class=\"_ _75\"> </span>Paolo S.p.A. per Euro 30 mil<span class=\"_ _0\"></span>ioni in scadenza ne<span class=\"_ _0\"></span>l 2029 a sostegno <span class=\"_ _0\"></span>del piano di investimenti prev<span class=\"_ _0\"></span>isto pe<span class=\"_ _0\"></span>r il prossimo triennio<span class=\"_ _3\"></span>.<span class=\"_ _75\"> </span>In data <span class=\"_ _2\"></span>25 febbraio <span class=\"_ _2\"></span>2022 Intesa Sanpaolo e <span class=\"_ _2\"></span>la Capogruppo <span class=\"ff6\">Fine <span class=\"_ _2\"></span>Food<span class=\"_ _0\"></span>s <span class=\"_ _2\"></span>avevano concluso un\u2019operazione di <span class=\"_ _2\"></span>finanziamento<span class=\"_ _0\"></span> della <span class=\"_ _2\"></span>durata<span class=\"_ _75\"> </span></span>di <span class=\"_ _4\"></span>sette <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>ni <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>ammontare <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>70 <span class=\"_ _4\"></span>milioni <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>euro<span class=\"_ _0\"></span>. <span class=\"_ _4\"></span>La <span class=\"_ _4\"></span>Societ\u00e0, <span class=\"_ _4\"></span><span class=\"ls3\">nel</span> <span class=\"_ _4\"></span>2023, <span class=\"_ _4\"></span>aveva <span class=\"_ _4\"></span>rimborsato<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>anticipatamente <span class=\"_ _4\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>20 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>ilioni <span class=\"_ _4\"></span>del<span class=\"_ _75\"> </span>finanziamento. A dicembr<span class=\"_ _0\"></span>e 2025, la Capog<span class=\"_ _0\"></span>ruppo ha estinto complet<span class=\"_ _0\"></span>amente anticipatam<span class=\"_ _0\"></span>ente il debito r<span class=\"_ _0\"></span>esiduo. <span class=\"_ _6f\"> </span><span class=\"ff5\">Continuit\u00e0 aziendale<span class=\"_ _75\"> </span></span>Il presente bilancio \u00e8 stato red<span class=\"_ _0\"></span>atto sulla base della co<span class=\"_ _0\"></span>ntinuit\u00e0 azien<span class=\"_ _0\"></span>dale.<span class=\"_ _0\"></span>  <span class=\"_ _70\"> </span><span class=\"ff5\">Forma e contenuto del bilan<span class=\"_ _2\"></span>cio consolidato al 31<span class=\"_ _2\"></span> dicembre 2025 </span>1.3.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Principi di r<span class=\"_ _0\"></span>edazione<span class=\"_ _75\"> </span></span></span>Il <span class=\"_ _2\"></span>bilancio <span class=\"_ _2\"></span>consolidato <span class=\"_ _2\"></span>al 31 <span class=\"_ _8\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"ls3\">202</span>5 <span class=\"_ _8\"></span>\u00e8 stato <span class=\"_ _8\"></span>predisposto<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>conformit\u00e0 ai <span class=\"_ _8\"></span>principi <span class=\"_ _2\"></span>contabili <span class=\"_ _2\"></span>intern<span class=\"_ _0\"></span>azionali <span class=\"_ _2\"></span>(International Accounting<span class=\"_ _75\"> </span>Standards -<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>e Interna<span class=\"_ _0\"></span>tional Fi<span class=\"_ _0\"></span>nancial Reporting <span class=\"_ _0\"></span>Standar<span class=\"_ _0\"></span>ds <span class=\"_ _0\"></span>- <span class=\"ff6\">IF<span class=\"_ _0\"></span>RS) emanati <span class=\"_ _0\"></span>dall\u2019<span class=\"ff3\">Internation<span class=\"_ _0\"></span>al Ac<span class=\"_ _0\"></span>counting Standards <span class=\"_ _0\"></span>Board <span class=\"_ _0\"></span>(IASB<span class=\"_ _0\"></span></span></span><span class=\"ls36\">)<span class=\"_ _75\"> </span></span>e <span class=\"_ _5\"></span>alle <span class=\"_ _9\"> </span>interpretazioni <span class=\"_ _9\"> </span><span class=\"fff\">dell\u2019IFRS <span class=\"_ _5\"> </span>Interpr<span class=\"_ _0\"></span>etations <span class=\"_ _5\"> </span>Committee<span class=\"_ _0\"></span></span> <span class=\"_ _9\"> </span>(IFRSIC) <span class=\"_ _5\"> </span>e <span class=\"_ _9\"> </span>dello <span class=\"_ _5\"> </span><span class=\"ff3\">Standing<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>Interpr<span class=\"_ _0\"></span>etations <span class=\"_ _9\"> </span>Committee</span> <span class=\"_ _9\"> </span>(SIC), <span class=\"_ _5\"></span>riconosciuti<span class=\"_ _75\"> </span>nell\u2019Unione <span class=\"_ _0\"></span>Europ<span class=\"_ _0\"></span>ea <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>regolamento <span class=\"_ _3\"></span>(CE) <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>1606/2002 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>vigore <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>chiusura <span class=\"_ _3\"></span>dell\u2019esercizio. <span class=\"_ _3\"></span>L\u2019in<span class=\"_ _0\"></span><span class=\"ff4\">s<span class=\"_ _0\"></span>ieme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>tutti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>interpretazioni di riferime<span class=\"_ _0\"></span>nto sopraindicati \u00e8 di seguito def<span class=\"_ _0\"></span>inito \u201cIAS<span class=\"_ _0\"></span>/IFRS\u201d<span class=\"_ _0\"></span><span class=\"ff4\">.<span class=\"_ _75\"> </span></span>1.3.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Contenuto<span class=\"_ _0\"></span> e forma del bilancio<span class=\"_ _75\"> </span></span></span>Gli schemi adottati dalla Soc<span class=\"_ _0\"></span>iet\u00e0 e in con<span class=\"_ _0\"></span>formit\u00e0 con il principio <span class=\"_ _0\"></span>contabile inter<span class=\"_ _0\"></span>nazionale IAS 1, si co<span class=\"_ _0\"></span>mpongono com<span class=\"_ _0\"></span>e segue:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto della situazione patrimoniale e finanziaria<span class=\"_ _0\"></span> consolidata<span class=\"ff6\">: attraverso l\u2019esposizione distinta tra attivit\u00e0 e <span class=\"_ _2\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span>correnti/ non corren<span class=\"_ _0\"></span>ti, come specificato nel paragr<span class=\"_ _0\"></span>afo seg<span class=\"_ _0\"></span>uente <span class=\"ls3\">1.3.5<span class=\"ff6 ls4\">. \u201c</span></span>Classificazione cor<span class=\"_ _0\"></span>rente/non corren<span class=\"_ _0\"></span>te<span class=\"ff6\">\u201d<span class=\"_ _75\"> </span></span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _6\"> </span>di  conto <span class=\"_ _6\"> </span>economico <span class=\"_ _6\"> </span>consolidato</span></span>: <span class=\"_ _6\"> </span>riporta  le  voci <span class=\"_ _6\"> </span>per  natura, <span class=\"_ _6\"> </span>poich\u00e9  \u00e8 <span class=\"_ _6\"> </span>considerato  qu<span class=\"_ _0\"></span>ello  che <span class=\"_ _6\"> </span>fornisce<span class=\"_ _75\"> </span>informazioni maggiormen<span class=\"_ _0\"></span>te esplicative.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _4\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>conto <span class=\"_ _4\"></span>economico <span class=\"_ _5\"></span>consolid<span class=\"_ _0\"></span>ato <span class=\"_ _4\"></span>comples<span class=\"_ _0\"></span>sivo</span></span>: <span class=\"_ _4\"></span>accoglie <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>altre <span class=\"_ _5\"></span>voci <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>ricavo <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>consentiti<span class=\"_ _75\"> </span>rilevare a patrimonio ne<span class=\"_ _0\"></span>tto secondo i pr<span class=\"_ _0\"></span>incipi IAS/IFRS.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto  di <span class=\"_ _9\"> </span>Rendico<span class=\"_ _0\"></span>nto <span class=\"_ _9\"> </span>f<span class=\"_ _0\"></span>inanziario<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"ff6\">: <span class=\"_ _7\"> </span>presenta  i <span class=\"_ _9\"> </span>flussi <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _7\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _7\"> </span>opera<span class=\"_ _0\"></span>tiva, <span class=\"_ _7\"> </span>d\u2019investimento <span class=\"_ _7\"> </span>e<span class=\"_ _75\"> </span></span></span></span>finanziaria come previsto dal pr<span class=\"_ _0\"></span>incipio IAS 7.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>movimentazione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>d<span class=\"ls3\">el</span> <span class=\"_ _5\"></span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _4\"></span>nett<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>conso<span class=\"_ _0\"></span>lidato<span class=\"ff6\">: <span class=\"_ _5\"></span>evidenzia <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>risultato <span class=\"_ _5\"></span>complessivo <span class=\"_ _5\"></span>dell\u2019esercizio <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le<span class=\"_ _75\"> </span></span></span></span>ulteriori movimentazioni nel capit<span class=\"_ _0\"></span>ale di rischio della <span class=\"_ _0\"></span>Societ\u00e0.<span class=\"_ _75\"> </span>1.3.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Principi di co<span class=\"_ _0\"></span>nsolidamento<span class=\"_ _75\"> </span></span></span>Il bilancio<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>consolidato<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>prende <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lanci <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Fine <span class=\"_ _0\"></span>Foods <span class=\"_ _0\"></span>N.T.M<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>p.A. e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span><span class=\"lsd\">su<span class=\"_ _0\"></span></span>a <span class=\"_ _0\"></span>controllata <span class=\"_ _0\"></span>Fine <span class=\"_ _3\"></span>Cosmetics <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre<span class=\"_ _75\"> </span>202<span class=\"ls0\">5. Nel corso del 2023 infa<span class=\"_ _0\"></span>tti \u00e8 divenuta efficace <span class=\"_ _0\"></span>la fusione per in<span class=\"_ _0\"></span>corporazione d<span class=\"_ _0\"></span>ella Pharmatek P<span class=\"_ _0\"></span>MC in<span class=\"_ _0\"></span> Fine Cosmetics. </span>Il controllo si ottiene quando il Gruppo \u00e8 esp<span class=\"_ _0\"></span>osto o ha diritto a rendimenti variabili, derivanti dal pr<span class=\"_ _0\"></span>oprio rapporto con l\u2019<span class=\"_ _3\"></span><span class=\"ff4\">entit\u00e0 oggetto di<span class=\"_ _75\"> </span></span>investimento e, <span class=\"_ _8\"></span>nel contempo, <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la capacit\u00e0 <span class=\"_ _8\"></span>di incidere <span class=\"_ _8\"></span>su tali <span class=\"_ _2\"></span>rendimenti esercitando <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _2\"></span>potere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>su <span class=\"_ _2\"></span>tale<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>entit\u00e0. Specificatamente,<span class=\"_ _75\"> </span>il Gruppo controlla una par<span class=\"_ _0\"></span>tecipata se, e solo <span class=\"_ _0\"></span>se, il Gruppo ha:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">il poter<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sull\u2019entit\u00e0 <span class=\"_ _0\"></span>oggetto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>investimento <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>ovvero <span class=\"_ _0\"></span>detiene <span class=\"_ _0\"></span>validi <span class=\"_ _0\"></span>diritti <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>conferiscono <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>capac<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>attuale <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>diri<span class=\"_ _3\"></span><span class=\"ff4\">gere <span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span></span></span></span>attivit\u00e0 rilevanti dell\u2019entit\u00e0 ogg<span class=\"_ _0\"></span>etto di investimento)<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019esposizione o i diritti a r<span class=\"_ _0\"></span>endimenti var<span class=\"_ _0\"></span>iabili derivanti dal rapporto c<span class=\"_ _0\"></span>on l\u2019entit\u00e0 oggetto di inve<span class=\"_ _0\"></span>stimento<span class=\"_ _0\"></span>; </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">la capacit\u00e0 di esercitare il prop<span class=\"_ _0\"></span>rio potere su<span class=\"_ _0\"></span>ll\u2019entit\u00e0 oggetto di inve<span class=\"_ _0\"></span>stimento per incide<span class=\"_ _0\"></span>re sull\u2019ammonta<span class=\"_ _0\"></span>re dei suoi rendimen<span class=\"_ _3\"></span><span class=\"ff4\">ti. </span></span></span>Generalmente, vi \u00e8 la presu<span class=\"_ _0\"></span>nzione che la maggioranza d<span class=\"_ _0\"></span>ei diritti di voto comporti il controllo. A supporto di tale p<span class=\"_ _0\"></span>resunzion<span class=\"_ _3\"></span><span class=\"ls3\">e e quando<span class=\"_ _75\"> </span></span>il Gruppo detiene<span class=\"_ _0\"></span> meno della m<span class=\"_ _0\"></span>aggioranza d<span class=\"_ _0\"></span>ei diritti di voto<span class=\"_ _0\"></span> (o diritti simili),<span class=\"_ _0\"></span> il Gruppo<span class=\"_ _0\"></span> considera tutti<span class=\"_ _0\"></span> i fatti e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>circost<span class=\"_ _0\"></span>anze rilevant<span class=\"_ _0\"></span>i per<span class=\"_ _75\"> </span>stabilire se controlla l\u2019ent<span class=\"_ _0\"></span>it\u00e0 oggetto di investim<span class=\"_ _0\"></span>ento, inclusi: \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Accordi contrattuali con a<span class=\"_ _0\"></span>ltri titolari di dir<span class=\"_ _0\"></span>itti di voto; </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Diritti derivanti da accordi contr<span class=\"_ _0\"></span>attuali; </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Diritti di voto e diritti di voto<span class=\"_ _0\"></span> potenziali del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _75\"> </span></span></span>Il Gruppo riconsidera se ha<span class=\"_ _0\"></span> o meno il controllo di una par<span class=\"_ _0\"></span>tecipata se i fatti e le circostanze ind<span class=\"_ _0\"></span>icano che ci siano stati de<span class=\"_ _3\"></span>i cambiamenti<span class=\"_ _75\"> </span>in <span class=\"_ _0\"></span>uno <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>tre <span class=\"_ _0\"></span>elementi <span class=\"_ _0\"></span>rilevanti <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>fini <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>definizione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollo. <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>consolidam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>controllata <span class=\"_ _4\"></span>inizia <span class=\"_ _0\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _75\"> </span>ne ottiene il controllo e <span class=\"_ _2\"></span>cessa qua<span class=\"_ _0\"></span>ndo il Gruppo perde il <span class=\"_ _2\"></span>controllo.  Le attivit\u00e0, le passivit\u00e0, i ricavi ed i costi della contr<span class=\"_ _0\"></span>ollata acquisita o<span class=\"_ _75\"> </span>ceduta nel <span class=\"_ _0\"></span>corso de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>inclusi nel<span class=\"_ _0\"></span> bilancio<span class=\"_ _0\"></span> consolidato<span class=\"_ _0\"></span> dalla <span class=\"_ _0\"></span>data in <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span><span class=\"ff4\">u<span class=\"_ _0\"></span>i il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>ottiene <span class=\"_ _0\"></span>il controllo <span class=\"_ _0\"></span>fino <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui i<span class=\"_ _0\"></span>l<span class=\"_ _75\"> </span></span>Gruppo non esercita p<span class=\"_ _0\"></span>i\u00f9 il controllo sulla societ\u00e0. L\u2019utile (perdita) d\u2019esercizio e ciascuna delle altre componenti di conto economico complessivo<span class=\"_ _0\"></span> sono attribuite ai soci della <span class=\"_ _0\"></span><span class=\"ff4\">controllante<span class=\"_ _75\"> </span></span>e <span class=\"_ _9\"> </span>alle <span class=\"_ _7\"> </span>partecipazioni <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>minoranza, <span class=\"_ _7\"> </span>anche <span class=\"_ _9\"> </span>se <span class=\"_ _7\"> </span>ci\u00f2 <span class=\"_ _9\"> </span>implica <span class=\"_ _7\"> </span>che <span class=\"_ _9\"> </span>le<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>partecipazioni <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>minoranza <span class=\"_ _7\"> </span>hanno <span class=\"_ _7\"> </span>un <span class=\"_ _9\"> </span>saldo <span class=\"_ _7\"> </span>negativo. <span class=\"_ _9\"> </span>Q<span class=\"_ _3\"></span><span class=\"ls3\">uando<span class=\"_ _75\"> </span></span>necessario, vengono <span class=\"_ _2\"></span>apportate le <span class=\"_ _2\"></span>opportune rettifiche ai <span class=\"_ _8\"></span>bilanci delle controllate, al <span class=\"_ _8\"></span>fine di garantire <span class=\"_ _2\"></span>la conformit\u00e0 <span class=\"_ _2\"></span>alle politiche contabili<span class=\"_ _75\"> </span>del gruppo. <span class=\"_ _0\"></span>Tutte <span class=\"_ _0\"></span>le att<span class=\"_ _0\"></span>ivit\u00e0 e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sivit\u00e0, il <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>netto, <span class=\"_ _0\"></span>i ricav<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>i costi <span class=\"_ _0\"></span>e i <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>finanziari <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>agruppo <span class=\"_ _0\"></span>relativi a<span class=\"_ _0\"></span> oper<span class=\"_ _0\"></span>azioni tra <span class=\"_ _0\"></span>entit\u00e0<span class=\"_ _75\"> </span>del gruppo sono eliminati com<span class=\"_ _0\"></span>pletamente <span class=\"_ _0\"></span>in fase di consolidamento<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Le variazioni <span class=\"_ _0\"></span>nelle quote<span class=\"_ _0\"></span> di pa<span class=\"_ _0\"></span>rtecipazione <span class=\"_ _0\"></span>in una <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>controllat<span class=\"_ _0\"></span>a che <span class=\"_ _0\"></span>non compo<span class=\"_ _0\"></span>rtano la <span class=\"_ _0\"></span>perdita <span class=\"_ _0\"></span>di controllo <span class=\"_ _0\"></span>sono contab<span class=\"_ _3\"></span>ili<span class=\"_ _0\"></span>zzate a<span class=\"_ _75\"> </span>patrimonio netto.<span class=\"_ _75\"> </span>Se <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>controllo <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>una <span class=\"_ _4\"></span>controllata, <span class=\"_ _3\"></span>deve <span class=\"_ _3\"></span>eliminare <span class=\"_ _4\"></span>le <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>(incluso <span class=\"_ _3\"></span>l\u2019av<span class=\"_ _0\"></span>viamento)<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>passivit\u00e0, <span class=\"_ _3\"></span>le<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>essenze<span class=\"_ _75\"> </span></span>delle minoranze e<span class=\"_ _0\"></span> le altre com<span class=\"_ _0\"></span>ponenti di patr<span class=\"_ _0\"></span>imonio netto, m<span class=\"_ _0\"></span>entre l\u2019eventua<span class=\"_ _0\"></span>le utile o perdita \u00e8<span class=\"_ _0\"></span> rilevat<span class=\"_ _0\"></span>o a conto econ<span class=\"_ _3\"></span><span class=\"ff4\">omico. La<span class=\"_ _0\"></span> quota di<span class=\"_ _75\"> </span></span>partecipazione eventualmen<span class=\"_ _0\"></span>te mantenuta<span class=\"_ _0\"></span> deve essere rilevata al f<span class=\"_ _0\"></span>air value.<span class=\"_ _75\"> </span>1.3.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Area di conso<span class=\"_ _0\"></span>lidamento<span class=\"_ _75\"> </span></span></span>In conform<span class=\"_ _0\"></span>it\u00e0 a <span class=\"_ _0\"></span>quanto disposto <span class=\"_ _0\"></span>dagli articoli <span class=\"_ _0\"></span>38 e <span class=\"_ _0\"></span>39 del <span class=\"_ _0\"></span>D. Lgs.127/9<span class=\"_ _0\"></span>1 e <span class=\"_ _0\"></span>dall\u2019articolo 126 <span class=\"_ _0\"></span>della deliber<span class=\"_ _0\"></span>azione Consob <span class=\"_ _0\"></span>n.119<span class=\"_ _3\"></span><span class=\"ff4\">71 de<span class=\"_ _0\"></span>l 14<span class=\"_ _75\"> </span></span>maggio 1999, modificata con<span class=\"_ _0\"></span> deliberazione n.12<span class=\"_ _0\"></span>475 del 6 aprile 2000, \u00e8<span class=\"_ _0\"></span> fornito di seguito il dettaglio delle impr<span class=\"_ _0\"></span>ese incl<span class=\"_ _0\"></span><span class=\"ff6\">use ne<span class=\"_ _0\"></span>ll\u2019area di<span class=\"_ _75\"> </span></span>consolidamento di Fine Foo<span class=\"_ _0\"></span>ds &amp; Pharmaceuticals <span class=\"_ _0\"></span>N.T.M. S.p.A.<span class=\"_ _0\"></span> al 3<span class=\"_ _0\"></span>1 dicembre <span class=\"ls3\">202</span>5.<span class=\"_ _75\"> </span>Capogruppo:<table class=\"s w310 h268\" id=\"_6ef7bbc5-ff85-44f1-b705-12dd228ba511\"><tr><td class=\"c x195 y15f2 w1bc h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Denominazion<span class=\"_ _0\"></span>e sociale </div></td><td class=\"c x1c4 y15f2 w1bd h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Sede legale </div></td><td class=\"c x1c5 y15f2 w24 h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Valuta </div></td><td class=\"c x1c6 y15f2 w1be h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Capitale sociale<span class=\"_ _0\"></span> </div></td></tr><tr><td class=\"c x195 y15f3 w1bc h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Fine Foods &amp; Pharmaceutica<span class=\"_ _0\"></span>ls N.T.M. S.p.A.<span class=\"_ _0\"></span> </div></td><td class=\"c x1c4 y15f3 w1bd h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Verdellino (BG) </div></td><td class=\"c x1c5 y15f3 w24 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">EUR </div></td><td class=\"c x1c6 y15f3 w1be h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls4 ws0\">                     <span class=\"ls3\"></span><span class=\"ls3\">22.770.445</span>,02<span class=\"ls0\"> </span></div></td></tr></table>Societ\u00e0 controllate consolidate<span class=\"_ _0\"></span>:<table class=\"s w311 h269\" id=\"_c0c89f2b-2428-46e5-adc7-ab108a47728b\"><tr><td class=\"c x195 y15f4 w1bf h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Denominazion<span class=\"_ _0\"></span>e sociale </div></td><td class=\"c x1c7 y15f6 w312 h26a\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Percentuale di<span class=\"_ _75\"> </span></div></td><td class=\"c x1c8 y15f4 w1c0 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Sede legale </div></td><td class=\"c x1c9 y15f4 w171 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Valuta </div></td><td class=\"c x199 y15f4 w1c1 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Capitale sociale<span class=\"_ _0\"></span> </div></td><td></td></tr><tr><td></td><td class=\"c x1c7 y15f7 w313 h26a\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">possesso<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y15f8 w1bf h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Fine Cosmetics <span class=\"_ _0\"></span>S.p.A. </div></td><td class=\"c x1ca y15f8 w167 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">100%<span class=\"ls0\"> </span></div></td><td class=\"c x1c8 y15f8 w1c0 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Trenzano (BS) </div></td><td class=\"c x1c9 y15f8 w171 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">EUR </div></td><td></td><td class=\"c x199 y15f8 w1c1 h1f\"><div class=\"t m0 x5b h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">1.582.968<span class=\"ls0\"> </span></div></td></tr></table>La controllante ultima d<span class=\"_ _0\"></span>i Fine Foo<span class=\"_ _0\"></span>ds &amp; Pharmaceuticals N.T.M<span class=\"_ _0\"></span>. S.p.A.<span class=\"_ _0\"></span> <span class=\"ls3\">\u00e8 </span>Eigenfin S.r.l., soc<span class=\"_ _0\"></span>iet\u00e0 non q<span class=\"_ _0\"></span>uotata con sede in Italia.<span class=\"_ _75\"> </span>1.3.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Classificazione c<span class=\"_ _0\"></span>orrente/non cor<span class=\"_ _0\"></span>rente<span class=\"_ _75\"> </span></span></span>Le attivit\u00e0 e passivit\u00e0 nel b<span class=\"_ _0\"></span>ilancio del Gruppo son<span class=\"_ _0\"></span>o classificate seco<span class=\"_ _0\"></span>ndo il criterio corren<span class=\"_ _0\"></span>te/non corrente. Un\u2019attivit\u00e0 \u00e8 co<span class=\"_ _3\"></span><span class=\"ff4\">rrente qu<span class=\"_ _0\"></span>ando<span class=\"_ _75\"> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">si suppone che sia realiz<span class=\"_ _0\"></span>zata, oppure \u00e8<span class=\"_ _0\"></span> posseduta per la vendita o<span class=\"_ _0\"></span> il consumo, nel no<span class=\"_ _0\"></span>rmale svolgimento<span class=\"_ _0\"></span> del ciclo operativo;<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4 ls3\">\u00e8 detenuta principalmente con la finalit\u00e0 di negoz<span class=\"_ _2\"></span>iarla;<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">si suppone che sia realiz<span class=\"_ _0\"></span>zata entro dodici mesi dalla data <span class=\"_ _0\"></span>di chiusu<span class=\"_ _0\"></span>ra dell\u2019esercizio; o<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">\u00e8 costituita <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span> disponibilit\u00e0 liquide <span class=\"_ _2\"></span>o mezzi <span class=\"_ _2\"></span>equivalenti a <span class=\"_ _2\"></span>meno che non <span class=\"_ _2\"></span>sia vietato scambiarla <span class=\"_ _2\"></span>o utilizzarla per <span class=\"_ _2\"></span>estinguere una<span class=\"_ _75\"> </span></span></span>passivit\u00e0 per almeno dodici me<span class=\"_ _0\"></span>si dalla da<span class=\"_ _0\"></span>ta di chiusura dell\u2019eser<span class=\"_ _0\"></span>cizio.<span class=\"_ _75\"> </span>Tutte le altre attivit\u00e0 sono class<span class=\"_ _0\"></span>ificate com<span class=\"_ _0\"></span>e non correnti.<span class=\"_ _75\"> </span>Una passivit\u00e0 \u00e8 corrente quan<span class=\"_ _0\"></span>to:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">\u00e8 previsto che si estingua nel<span class=\"_ _0\"></span> suo nor<span class=\"_ _0\"></span>male ciclo operativo;<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4 ls3\">\u00e8 detenuta principalmente con la finalit\u00e0 di negoz<span class=\"_ _2\"></span>iarla;<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">deve essere estinta entro d<span class=\"_ _0\"></span>odici mesi dalla data <span class=\"_ _0\"></span>di chiusura dell\u2019es<span class=\"_ _0\"></span>ercizio; o<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019entit\u00e0 non <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> un <span class=\"_ _2\"></span>diritto incondizionato a <span class=\"_ _2\"></span>differire il <span class=\"_ _2\"></span>regolamento della passivit\u00e0 per <span class=\"_ _2\"></span>almeno dodici mesi <span class=\"_ _2\"></span>dalla data <span class=\"_ _2\"></span>di chi<span class=\"ff4\">usu<span class=\"_ _0\"></span>ra<span class=\"_ _75\"> </span></span></span></span>dell\u2019esercizio.<span class=\"_ _75\"> </span>Le <span class=\"_ _2\"></span>condizioni <span class=\"_ _2\"></span>contrattual<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>passivit\u00e0 che <span class=\"_ _8\"></span>potrebbero, su <span class=\"_ _2\"></span>opzione della <span class=\"_ _8\"></span>controp<span class=\"_ _0\"></span>arte, <span class=\"_ _2\"></span>comportare la <span class=\"_ _2\"></span>estinzione <span class=\"_ _2\"></span>della stessa attraverso<span class=\"_ _75\"> </span>l\u2019emissione di strumenti di <span class=\"_ _0\"></span>capitale non ne<span class=\"_ _0\"></span> influenzano la classifica<span class=\"_ _0\"></span>zione.<span class=\"_ _75\"> </span>Il Gruppo classifica tutte <span class=\"_ _0\"></span>le altre passivit\u00e0 com<span class=\"_ _0\"></span>e non correnti. Attivit\u00e0 e passivit\u00e0 per imposte <span class=\"_ _0\"></span>anticipate e differ<span class=\"_ _0\"></span>ite sono classificat<span class=\"_ _0\"></span>e tra le attivit\u00e0 e le passiv<span class=\"_ _0\"></span>it\u00e0 non corr<span class=\"_ _0\"></span>enti.<span class=\"_ _75\"> </span><span class=\"ff5\">Sintesi dei principali pr<span class=\"_ _2\"></span>incipi contabili<span class=\"_ _75\"> </span></span>1.4.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Aggregazion<span class=\"_ _0\"></span>i di imprese e avviamen<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _0\"></span>aggregazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>aziendali <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>contabilizzate <span class=\"_ _3\"></span>utilizzando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>metod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dell\u2019acquis<span class=\"_ _0\"></span>izione. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019<span class=\"_ _0\"></span>acquisizione <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>determin<span class=\"_ _3\"></span><span class=\"ff4\">ato <span class=\"_ _3\"></span>come<span class=\"_ _75\"> </span></span>somma <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>corrispettivo <span class=\"_ _4\"></span>trasferito, <span class=\"_ _4\"></span>misurato <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019importo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>partecipazione <span class=\"_ _5\"></span><span class=\"ff4\">di <span class=\"_ _4\"></span>minoranza<span class=\"_ _75\"> </span></span>nell\u2019acquisita. <span class=\"_ _3\"></span>Per <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>aggregazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>defin<span class=\"_ _0\"></span>isce <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>misurare <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>partecipazione <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>minoranza <span class=\"_ _3\"></span>nell\u2019acqui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span><span class=\"ff4\">a <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair<span class=\"_ _75\"> </span></span>value <span class=\"_ _5\"></span>oppur<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>proporzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quota <span class=\"_ _9\"> </span>della <span class=\"_ _5\"> </span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>minor<span class=\"_ _0\"></span>anza <span class=\"_ _5\"></span>nelle <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>nette <span class=\"_ _5\"></span>iden<span class=\"_ _0\"></span>tificabili<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ff6\">dell\u2019acquisita. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>costi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di<span class=\"_ _75\"> </span></span>acquisizione <span class=\"_ _4\"></span>sono <span class=\"_ _5\"> </span>spe<span class=\"_ _0\"></span>sati <span class=\"_ _4\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>class<span class=\"_ _0\"></span>ificati <span class=\"_ _4\"></span>tra <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>spese<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>amm<span class=\"_ _0\"></span>inistrative. <span class=\"_ _4\"></span>Il <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"></span>deter<span class=\"_ _0\"></span>mina <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>aver <span class=\"_ _5\"></span>acquisito <span class=\"_ _5\"></span>un<span class=\"_ _3\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span>aziendale <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>integrato <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>beni <span class=\"_ _4\"></span>include <span class=\"_ _4\"></span>almeno <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>fattore <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>produ<span class=\"_ _0\"></span><span class=\"ff4\">zione <span class=\"_ _4\"></span>ed <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>processo <span class=\"_ _4\"></span>sostanziale <span class=\"_ _4\"></span>che<span class=\"_ _75\"> </span></span>insieme contribuiscon<span class=\"_ _0\"></span>o in <span class=\"_ _0\"></span>modo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ignificativo a<span class=\"_ _0\"></span>lla capacit\u00e0 <span class=\"_ _0\"></span>di ge<span class=\"_ _0\"></span>nerare <span class=\"_ _0\"></span>un ou<span class=\"_ _0\"></span>tput.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Il processo<span class=\"_ _0\"></span> acquisi<span class=\"_ _0\"></span>to \u00e8 <span class=\"_ _0\"></span>considerato so<span class=\"_ _0\"></span>stanziale <span class=\"_ _0\"></span>se \u00e8<span class=\"_ _75\"> </span>cruciale per <span class=\"_ _2\"></span>la capacit\u00e0 <span class=\"_ _8\"></span>di continuare a generare <span class=\"_ _2\"></span>un output <span class=\"_ _2\"></span>e i <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>tori <span class=\"_ _2\"></span>di produzione acquisiti <span class=\"_ _2\"></span>comprend<span class=\"_ _0\"></span>ono una <span class=\"_ _2\"></span>forza lavoro <span class=\"_ _2\"></span>organizzata<span class=\"_ _75\"> </span>che dispone <span class=\"_ _2\"></span>delle necessarie competenze, conoscenze o <span class=\"_ _2\"></span>esper<span class=\"_ _0\"></span>ienza per <span class=\"_ _2\"></span>eseguire<span class=\"_ _0\"></span> tale <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>ocesso o contribuisce significativamente<span class=\"_ _0\"></span> alla<span class=\"_ _75\"> </span>capacit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tinuare <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tput <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerato <span class=\"_ _3\"></span>unico <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sca<span class=\"_ _0\"></span>rso <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>stituito <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti, <span class=\"_ _0\"></span>sforzi <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>ritardi<span class=\"_ _75\"> </span>significativi <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>le capacit\u00e0 <span class=\"_ _8\"></span>di continuare <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>generare un <span class=\"_ _8\"></span>output. Quando <span class=\"_ _8\"></span>il Gruppo <span class=\"_ _8\"></span>acquisisce un <span class=\"_ _8\"></span>bus<span class=\"_ _0\"></span>iness, classifica <span class=\"_ _8\"></span>o designa le <span class=\"_ _8\"></span>attiv<span class=\"_ _0\"></span>it\u00e0<span class=\"_ _75\"> </span>finanziarie acquisite <span class=\"_ _2\"></span>o le <span class=\"_ _2\"></span>passivit\u00e0 assunte in <span class=\"_ _8\"></span>accord<span class=\"_ _0\"></span>o con <span class=\"_ _2\"></span>i termini <span class=\"_ _2\"></span>contrattuali, le <span class=\"_ _2\"></span>condizioni economiche e <span class=\"_ _2\"></span>le altre <span class=\"_ _2\"></span>condizioni pertinenti<span class=\"_ _75\"> </span>in essere <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di acquisizion<span class=\"_ _0\"></span>e. Ci\u00f2 <span class=\"_ _0\"></span>include la <span class=\"_ _0\"></span>verifica <span class=\"_ _0\"></span>per stabil<span class=\"_ _0\"></span>ire se <span class=\"_ _0\"></span>un derivato <span class=\"_ _0\"></span>incorporato<span class=\"_ _0\"></span> debba esser<span class=\"_ _0\"></span>e separato <span class=\"_ _0\"></span>d<span class=\"_ _3\"></span>al contratt<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span>primario.  L\u2019eventuale <span class=\"_ _9\"> </span>cor<span class=\"_ _0\"></span>rispettiv<span class=\"_ _0\"></span>o <span class=\"_ _7\"> </span>potenziale  da <span class=\"_ _9\"> </span>riconoscer<span class=\"_ _0\"></span>e <span class=\"_ _7\"> </span>\u00e8 <span class=\"_ _7\"> </span>rilevato  dall\u2019acquirente <span class=\"_ _9\"> </span>al  fair <span class=\"_ _7\"> </span>value  alla <span class=\"_ _7\"> </span>data <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>acquisizione. <span class=\"_ _7\"> </span>Il<span class=\"_ _75\"> </span>corrispettivo <span class=\"_ _3\"></span>potenziale <span class=\"_ _3\"></span>classificat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>getto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rimisurazione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>successivo <span class=\"_ _3\"></span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>zato<span class=\"_ _75\"> </span>con contropartita <span class=\"_ _2\"></span>il patrimonio netto. <span class=\"_ _2\"></span>La variazione <span class=\"_ _2\"></span>del fair <span class=\"_ _2\"></span>value del corrispettivo <span class=\"_ _2\"></span>potenziale classificato come attivit\u00e0 <span class=\"_ _2\"></span>o passivit\u00e0, <span class=\"_ _2\"></span>quale<span class=\"_ _75\"> </span>strumento <span class=\"_ _3\"></span>finanziario <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>nell\u2019oggetto <span class=\"_ _3\"></span>dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _3\"></span>Strumenti <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziari, <span class=\"_ _3\"></span>deve <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>rilevata <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>acco<span class=\"_ _3\"></span><span class=\"ff4\">rdo <span class=\"_ _3\"></span>con<span class=\"_ _75\"> </span></span>I<span class=\"ff6\">FRS 9.  <span class=\"_ _2\"></span>Il corrispettivo potenziale che non rientra nello scopo <span class=\"_ _2\"></span>dell\u2019IFRS 9 \u00e8 <span class=\"_ _2\"></span>valutato al fair value alla <span class=\"_ _2\"></span>data di bilancio e <span class=\"ff4\">le variazioni <span class=\"_ _2\"></span>del<span class=\"_ _75\"> </span></span></span>fair value <span class=\"_ _2\"></span>sono rilevate <span class=\"_ _8\"></span>a conto economico.<span class=\"_ _0\"></span> <span class=\"ff6\">L\u2019avviamento <span class=\"_ _2\"></span>\u00e8 inizialmente rilevato <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>rappresentat<span class=\"_ _0\"></span>o dall\u2019eccedenza <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ll\u2019insieme del<span class=\"_ _75\"> </span></span>corrispettivo <span class=\"_ _4\"></span>corrisposto <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>dell\u2019importo <span class=\"_ _4\"></span>iscritto <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>interessenze <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>minoranza <span class=\"_ _4\"></span>rispetto <span class=\"_ _3\"></span>alle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _3\"></span>identificabil<span class=\"_ _3\"></span><span class=\"ff4\">i <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le<span class=\"_ _75\"> </span></span>passivit\u00e0 <span class=\"_ _4\"></span>assunte <span class=\"_ _4\"></span>dal <span class=\"_ _5\"></span><span class=\"ff6\">Gruppo. <span class=\"_ _4\"></span>Se <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>tte <span class=\"_ _4\"></span>acquisite <span class=\"_ _4\"></span>eccede <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>c<span class=\"_ _0\"></span>orrispettivo <span class=\"_ _4\"></span>corrisposto<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _75\"> </span></span>verifica <span class=\"_ _8\"></span>nuova<span class=\"_ _0\"></span>mente <span class=\"_ _2\"></span>se <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>identificato <span class=\"_ _2\"></span>correttamente tutte <span class=\"_ _8\"></span>le <span class=\"_ _2\"></span>attivit\u00e0 acquisite <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>te <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>passiv<span class=\"_ _3\"></span>it\u00e0 <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>te <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>rivede le <span class=\"_ _8\"></span>procedure <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span>per <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>terminare <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>ammontar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>rilevare <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>acq<span class=\"_ _0\"></span>uisizione. <span class=\"_ _3\"></span> <span class=\"_ _4\"></span>Se <span class=\"_ _3\"></span>dalla <span class=\"_ _4\"></span>nuova <span class=\"_ _3\"></span>valutazione <span class=\"_ _4\"></span>emerge <span class=\"_ _4\"></span>ancora <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle<span class=\"_ _75\"> </span>attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>sup<span class=\"_ _0\"></span>eriore <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>corrispettivo, <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _4\"></span>(utile) <span class=\"_ _4\"></span>viene<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rilevata <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _4\"></span>economico. <span class=\"_ _3\"></span>Dopo <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>rilevazione <span class=\"_ _4\"></span>iniziale,<span class=\"_ _75\"> </span>l\u2019avviamento <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>valutato <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdite <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>acc<span class=\"_ _0\"></span>umulate. <span class=\"_ _0\"></span>Al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>riduzion<span class=\"_ _0\"></span>e di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _4\"></span><span class=\"ff4\">(impairment),<span class=\"_ _75\"> </span></span>l\u2019avviamento <span class=\"_ _4\"></span>acquisito <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019aggregazione <span class=\"_ _4\"></span>aziendale <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>allo<span class=\"_ _0\"></span><span class=\"ff4\">cato, <span class=\"_ _4\"></span>dalla <span class=\"_ _4\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>ciascuna <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _4\"></span>generatrice <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span></span>cassa <span class=\"_ _8\"></span>del <span class=\"_ _2\"></span>Gruppo <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>si <span class=\"_ _2\"></span>prevede benefici <span class=\"_ _8\"></span>delle <span class=\"_ _8\"></span>siner<span class=\"_ _0\"></span>gie <span class=\"_ _8\"></span>del<span class=\"_ _0\"></span>l\u2019aggreg<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"></span>a prescindere <span class=\"_ _8\"></span>dal <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>ch<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>altr<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>attivit\u00e0 o <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>dell\u2019entit\u00e0<span class=\"_ _75\"> </span>acquisita siano <span class=\"_ _8\"></span>asseg<span class=\"_ _0\"></span>nate a <span class=\"_ _2\"></span>tali unit\u00e0. <span class=\"ff6\">Se <span class=\"_ _2\"></span>l\u2019avviamento \u00e8 <span class=\"_ _2\"></span>stato allocato a <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019unit\u00e0 generatrice <span class=\"_ _2\"></span>di flussi <span class=\"_ _2\"></span>finanziari e <span class=\"_ _2\"></span>l\u2019entit\u00e0 dismette <span class=\"_ _2\"></span>parte<span class=\"_ _75\"> </span></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _4\"></span>unit\u00e0, <span class=\"_ _3\"></span>l\u2019avviamento <span class=\"_ _4\"></span>associato <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>dismessa <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabil<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>quand<span class=\"_ _3\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>mina<span class=\"_ _75\"> </span></span>l\u2019utile <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>rdita <span class=\"_ _8\"></span>della dismissione. <span class=\"_ _8\"></span>L\u2019avviamento <span class=\"_ _8\"></span>associa<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>con <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _2\"></span>dismessa <span class=\"_ _8\"></span>\u00e8 <span class=\"_ _2\"></span>determinato sulla <span class=\"_ _8\"></span>base <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>valori <span class=\"_ _8\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span>dismessa e della parte man<span class=\"_ _0\"></span>tenuta dell\u2019unit\u00e0 ge<span class=\"_ _0\"></span>neratrice di fluss<span class=\"_ _0\"></span>i finanziari.<span class=\"_ _75\"> </span>Nell\u2019effettuare quanto <span class=\"_ _8\"></span>espresso sopra <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>amministratori fanno <span class=\"_ _8\"></span>quin<span class=\"_ _0\"></span>di <span class=\"_ _2\"></span>ricorso ad <span class=\"_ _8\"></span>assunzioni e <span class=\"_ _8\"></span>stime, a <span class=\"_ _2\"></span>volte <span class=\"_ _2\"></span>anche complesse,<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>sono<span class=\"_ _75\"> </span></span>soggette al giudizio ste<span class=\"_ _0\"></span>sso degli amministr<span class=\"_ _0\"></span>atori. Le principali assun<span class=\"_ _0\"></span>zioni alla base di tale a<span class=\"_ _0\"></span>ttivit\u00e0 riguarda<span class=\"_ _0\"></span>no:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">allocazione dei valor<span class=\"_ _0\"></span>i contabili delle attivit\u00e0 e passi<span class=\"_ _0\"></span>vit\u00e0 alle singole <span class=\"_ _0\"></span>CGU, </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">previsione dei flussi di cassa <span class=\"_ _0\"></span>futuri, per<span class=\"_ _0\"></span> il periodo esplicito del bu<span class=\"_ _0\"></span>siness plan di Gruppo<span class=\"_ _0\"></span>, </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei flussi di <span class=\"_ _0\"></span>cassa nor<span class=\"_ _0\"></span>malizzati alla base della stim<span class=\"_ _0\"></span>a del valore ter<span class=\"_ _0\"></span>minale nonch\u00e9 </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei tassi di cres<span class=\"_ _0\"></span>cita di lun<span class=\"_ _0\"></span>go periodo e di attualizza<span class=\"_ _0\"></span>zione applicati alle pr<span class=\"_ _0\"></span>evisioni dei flussi di cassa f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ri.<span class=\"_ _75\"> </span></span></span>1.4.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Valutazione del <span class=\"_ _0\"></span>fair valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>Il Gruppo valuta gli strumenti finanziari quali i <span class=\"_ _2\"></span>derivati, e le attivit\u00e0 non finanziarie quali gli investimenti immobiliari,<span class=\"_ _0\"></span> al fair value ad ogni<span class=\"_ _75\"> </span>chiusura di bilancio. Il fair value \u00e8<span class=\"_ _0\"></span> il prezzo che si percepire<span class=\"_ _0\"></span>bbe per la vendita di un\u2019attivit\u00e0,<span class=\"_ _0\"></span> o che si <span class=\"_ _0\"></span><span class=\"ff4\">pag<span class=\"_ _0\"></span>herebbe per il trasfer<span class=\"_ _0\"></span>imento di<span class=\"_ _75\"> </span></span>una passivit\u00e0, in <span class=\"_ _2\"></span>una regolare operazion<span class=\"_ _0\"></span>e tra operatori di mercato alla <span class=\"_ _2\"></span>data di valutazione. Una valutazione del fair value <span class=\"_ _2\"></span>s<span class=\"_ _0\"></span><span class=\"ls3\">uppone che<span class=\"_ _75\"> </span></span>l\u2019operazione di vendita dell<span class=\"_ _0\"></span>\u2019attivit\u00e0 o di trasfe<span class=\"_ _0\"></span>rimento della passivit\u00e0 <span class=\"_ _0\"></span>abbia luogo:<span class=\"_ _0\"></span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">nel mercato principale dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0 o passivit\u00e0;<span class=\"_ _75\"> </span></span></span>oppure<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">in assenza di un mercato pr<span class=\"_ _0\"></span>incipale, nel mer<span class=\"_ _0\"></span>cato pi\u00f9 vantaggioso p<span class=\"_ _0\"></span>er l\u2019attivit\u00e0 o passivit\u00e0.<span class=\"_ _75\"> </span></span></span>Il <span class=\"_ _8\"></span>mercato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>principale o <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>mer<span class=\"_ _0\"></span>cato <span class=\"_ _8\"></span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _8\"></span>van<span class=\"_ _0\"></span>taggioso <span class=\"_ _8\"></span>devon<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>essere <span class=\"_ _8\"></span>acc<span class=\"_ _0\"></span>essibili <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span>. <span class=\"_ _8\"></span>Il <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>pa<span class=\"_ _3\"></span><span class=\"ff4\">ssivit\u00e0 <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _8\"></span>valutat<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span>adottando  le <span class=\"_ _6\"> </span>assunzioni  che <span class=\"_ _6\"> </span>gli  operatori <span class=\"_ _6\"> </span>di  mercato <span class=\"_ _6\"> </span>utilizzerebbero  nella  determinazione <span class=\"_ _6\"> </span>del  prezzo <span class=\"_ _6\"> </span>dell\u2019attivi<span class=\"ff4 ls0\">t\u00e0  o <span class=\"_ _6\"> </span>passivit\u00e0,<span class=\"_ _75\"> </span></span>presumendo che gli stessi agiscano per soddisfare nel modo migliore il proprio interesse economico.<span class=\"_ _0\"></span> Una valutazione del fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span> di<span class=\"_ _75\"> </span>un\u2019attivit\u00e0 non finanziaria considera la capacit\u00e0 di un <span class=\"_ _2\"></span>operatore di mercato di generare benefici economici impiegando l\u2019attivit\u00e0 nel suo<span class=\"_ _75\"> </span>massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>migliore <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>vendendola <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>altro <span class=\"_ _0\"></span>operatore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>impiegherebbe<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>l suo <span class=\"_ _0\"></span>massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>miglior <span class=\"_ _0\"></span>utili<span class=\"_ _3\"></span>zzo. <span class=\"_ _0\"></span>Il<span class=\"_ _75\"> </span>Gruppo utilizza <span class=\"_ _0\"></span>tecniche <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>che sono<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>atte alle<span class=\"_ _0\"></span> circost<span class=\"_ _0\"></span>anze e <span class=\"_ _0\"></span>per le <span class=\"_ _0\"></span>quali <span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>sono suffi<span class=\"_ _0\"></span>cienti <span class=\"_ _0\"></span>dati dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>valutare <span class=\"_ _0\"></span>il<span class=\"_ _75\"> </span>fair value, massimizzando l<span class=\"_ _0\"></span>\u2019utilizzo d<span class=\"_ _0\"></span>i input osservabili rilevanti e <span class=\"_ _0\"></span>minimizzando l\u2019uso di <span class=\"_ _0\"></span>input non oss<span class=\"_ _0\"></span>ervabil<span class=\"_ _0\"></span><span class=\"ff4\">i. </span>Tutte le attivit\u00e0 e <span class=\"_ _2\"></span>passivit\u00e0 per le <span class=\"_ _2\"></span>quali il fair <span class=\"_ _2\"></span>value viene valutato o <span class=\"_ _2\"></span>esposto in bilancio <span class=\"_ _2\"></span>sono categorizzate in base alla gerarchia del fair<span class=\"_ _75\"> </span>value, come di seguito descritta: \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 1 - <span class=\"_ _2\"></span><span class=\"ff6\">i prezzi quotati (non rettificati) in mercati attivi <span class=\"_ _2\"></span>per attivit\u00e0 o passivit\u00e0 identiche a cui l\u2019entit\u00e0 pu\u00f2 accedere alla <span class=\"_ _2\"></span>data<span class=\"_ _75\"> </span></span></span></span>di valutazione;<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 2 <span class=\"_ _0\"></span><span class=\"ff6\">\u2013</span> <span class=\"ff6\">Input <span class=\"_ _0\"></span>diversi da<span class=\"_ _0\"></span>i prezzi <span class=\"_ _0\"></span>quotati inclusi <span class=\"_ _0\"></span>nel Livello <span class=\"_ _0\"></span>1, osser<span class=\"_ _0\"></span>vabili dirett<span class=\"_ _0\"></span>amente o <span class=\"_ _0\"></span>indirettamente <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019attivit\u00e0 o <span class=\"_ _0\"></span>per la<span class=\"_ _75\"> </span></span></span></span>passivit\u00e0; \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 3 <span class=\"ff6\">\u2013</span> <span class=\"ff6\">tecniche d<span class=\"_ _0\"></span>i valutazione per le q<span class=\"_ _0\"></span>uali i dati di input non son<span class=\"_ _0\"></span>o osservabili per l\u2019attiv<span class=\"_ _0\"></span>it\u00e0 o per la pa<span class=\"_ _0\"></span>ssivit\u00e0.<span class=\"_ _75\"> </span></span></span></span>La valutazione del <span class=\"_ _8\"></span>fa<span class=\"_ _0\"></span>ir value \u00e8 <span class=\"_ _8\"></span>cla<span class=\"_ _0\"></span>ssificata interamente nello stesso livello <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>lla gerarchia del <span class=\"_ _2\"></span>fair value in <span class=\"_ _2\"></span>cui \u00e8 classif<span class=\"ff6\">icato l\u2019input di <span class=\"_ _2\"></span>pi\u00f9<span class=\"_ _75\"> </span></span>basso livello di gerar<span class=\"_ _0\"></span>chia utilizzato per la va<span class=\"_ _0\"></span>lutazione.<span class=\"_ _75\"> </span>Per le attivit\u00e0 e passivit\u00e0 rilevate nel bilancio al fair <span class=\"_ _0\"></span>value su base ricorrente, il Gruppo de<span class=\"_ _0\"></span>termina se siano intervenuti <span class=\"_ _0\"></span>dei trasfer<span class=\"_ _0\"></span>imenti<span class=\"_ _75\"> </span>tra i <span class=\"_ _8\"></span>livelli della <span class=\"_ _2\"></span>gerarchia rivedendo la <span class=\"_ _2\"></span>categorizzazione (basata <span class=\"_ _2\"></span>sull\u2019input di <span class=\"_ _2\"></span>livello pi\u00f9 <span class=\"_ _8\"></span>ba<span class=\"_ _0\"></span>sso, che <span class=\"_ _8\"></span>\u00e8 signif<span class=\"_ _0\"></span><span class=\"ff4\">icativo ai <span class=\"_ _2\"></span>fini della <span class=\"_ _8\"></span>valutaz<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span></span>del fair value nella sua interezza)<span class=\"_ _0\"></span> ad ogni chiusur<span class=\"_ _0\"></span>a di bilancio. La <span class=\"_ _3\"></span>Direzione <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>determina <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>criteri <span class=\"_ _4\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>procedure <span class=\"_ _4\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>valutazioni <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icorrenti, <span class=\"_ _3\"></span>quali<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>investimen<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span>immobiliari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>partecipat<span class=\"_ _0\"></span>ivi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>quotate, <span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>valutazioni <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ricorrenti, <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sate <span class=\"_ _0\"></span>destinate <span class=\"_ _0\"></span>alla<span class=\"_ _75\"> </span>vendita.  Ad <span class=\"_ _4\"></span>ogni <span class=\"_ _4\"></span>chiusura <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>bilancio <span class=\"_ _4\"></span>la <span class=\"_ _5\"></span>Direzione <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>analizza <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>variazioni <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>valori <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>passivit\u00e0 <span class=\"_ _4\"></span>per<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>\u00e8<span class=\"_ _75\"> </span>richiesta, in base ai princip<span class=\"_ _0\"></span>i contabili del Grup<span class=\"_ _0\"></span>po, la rivalutazione o <span class=\"_ _0\"></span>la rideterm<span class=\"_ _0\"></span>inazione.<span class=\"_ _75\"> </span>Per tale<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alisi, vengo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>verificati <span class=\"_ _0\"></span>i pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>input <span class=\"_ _0\"></span>applicati <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>recente, <span class=\"_ _0\"></span>raccordando <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>informazioni <span class=\"_ _4\"></span>utilizzate ne<span class=\"_ _0\"></span>lla<span class=\"_ _75\"> </span>valutazione ai contratti e agli <span class=\"_ _0\"></span>altri docum<span class=\"_ _0\"></span>enti rilevanti.  La Direzione finanziaria di <span class=\"_ _2\"></span>Gruppo effettua una comparazione tra ogni variazione <span class=\"_ _2\"></span>nel fair value di <span class=\"_ _2\"></span>ciascuna attivit\u00e0 e passivit\u00e0 e le fonti<span class=\"_ _75\"> </span>esterne rilevanti, al fine di deter<span class=\"_ _0\"></span>minare se la va<span class=\"_ _0\"></span>riazione sia ragionev<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>. Ai fini dell\u2019informativa <span class=\"_ _0\"></span>relativa <span class=\"_ _0\"></span>al fair <span class=\"_ _0\"></span>value, il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>determina le classi di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e passivit\u00e0 <span class=\"_ _0\"></span>sulla b<span class=\"_ _0\"></span>ase della <span class=\"_ _0\"></span>natur<span class=\"_ _3\"></span><span class=\"ff4\">a, caratter<span class=\"_ _0\"></span>istiche e<span class=\"_ _75\"> </span></span>rischi dell\u2019attivit\u00e0 o della pass<span class=\"_ _0\"></span>ivit\u00e0 ed il livello del<span class=\"_ _0\"></span>la gerarchia del fair<span class=\"_ _0\"></span> value come pr<span class=\"_ _0\"></span>ecedentemente illu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span><span class=\"ff4\">trato. </span>Nella seguente tabella \u00e8 <span class=\"_ _2\"></span>riportata la gerarchia della valutazione del <span class=\"ff3\">fair value</span> per attivit\u00e0 e passivit\u00e0 della Societ\u00e0 <span class=\"_ _2\"></span>al 31 dicembre <span class=\"ls3\">202</span>5<span class=\"_ _75\"> </span>e al 31 dicembre 20<span class=\"_ _0\"></span>24.<table class=\"s w314 h26b\" id=\"_085507e9-8c72-43cb-9baf-2ce3fd7f5ee8\"><tr><td class=\"c x195 y15f9 w1c2 h1cb\"><div class=\"t m0 x2b h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1cb y15f9 w1c3 h1cb\"><div class=\"t m0 x72 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y15f9 w1c4 h1cb\"><div class=\"t m0 x52 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fc w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fe w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y15fe w1c3 h1c0\"><div class=\"t m0 x77 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c8 y15fe w1c4 h1c0\"><div class=\"t m0 x54 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d2 y15fe w16f h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c6 y15fe w1c5 h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y15fe w1ab h1c0\"><div class=\"t m0 x27 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y15ff w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y15ff w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y15ff w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y15ff w16f h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td></td><td></td></tr><tr><td class=\"c x195 y1600 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1600 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y1600 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y1600 w16f h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c6 y1600 w1c5 h1c0\"><div class=\"t m0 x47 h1cc y87e ff5 fs9 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y1600 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1601 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1602 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y1602 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td class=\"c x1c8 y1602 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td><td class=\"c x1c6 y1602 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td></tr><tr><td class=\"c x195 y1603 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1603 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td class=\"c x1c8 y1603 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td><td class=\"c x1c6 y1603 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td></tr><tr><td class=\"c x195 y1604 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1604 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td class=\"c x1c8 y1604 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td><td class=\"c x1c6 y1604 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td></tr><tr><td class=\"c x195 y1605 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1605 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td class=\"c x1c8 y1605 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td><td class=\"c x1c6 y1605 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td></tr><tr><td class=\"c x195 y1606 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1606 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1c8 y1606 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d2 y1606 w16f h1c0\"><div class=\"t m0 x27 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span> </div></td><td class=\"c x1c6 y1606 w1c5 h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d3 y1606 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr></table><table class=\"s w314 h26e\" id=\"_7badedfb-66fe-47f7-bcc8-367bf9f971d9\"><tr><td class=\"c x195 y1607 w1c2 hb1\"><div class=\"t m0 x2b h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1cb y1607 w1c3 hb1\"><div class=\"t m0 x72 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1607 w1c4 hb1\"><div class=\"t m0 x52 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y1609 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y160b w1c2 h1cd\"><div class=\"t m0 x2b h7 y1035 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y160b w1c3 h1cd\"><div class=\"t m0 x77 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160b w1c4 h1cd\"><div class=\"t m0 x54 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160b w16f h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160b w1c5 h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160b w1ab h1cd\"><div class=\"t m0 x27 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160c w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y160c w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160c w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160c w16f h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160c w1c5 h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160c w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160d w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y160d w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160d w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160d w16f h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160d w1c5 h1c0\"><div class=\"t m0 x47 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160d w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160e w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y160f w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y160f w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160f w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160f w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160f w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160f w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1610 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1610 w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1610 w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1610 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1610 w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1610 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1611 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1611 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1611 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1611 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1611 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1611 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1612 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1612 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1612 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1612 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1612 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1612 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1613 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1613 w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1613 w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1613 w16f h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span><span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1613 w1c5 h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1613 w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr></table>Il management della <span class=\"_ _0\"></span>Societ\u00e0 ha v<span class=\"_ _0\"></span>erificato che il Fair Value de<span class=\"_ _0\"></span>lle attivit\u00e0 e pa<span class=\"_ _0\"></span>ssivit\u00e0 finanziarie appros<span class=\"_ _0\"></span>sima il valore contabile.<span class=\"_ _75\"> </span>1.4.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Ricavi proven<span class=\"_ _0\"></span>ienti da contratti con clien<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span></span>Il Gruppo<span class=\"_ _0\"></span>. si occup<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ello sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _0\"></span>e della <span class=\"_ _0\"></span>produzione <span class=\"_ _0\"></span>in con<span class=\"_ _0\"></span>to terz<span class=\"_ _0\"></span>i (<span class=\"_ _0\"></span><span class=\"ff3\">contract <span class=\"_ _0\"></span>development <span class=\"_ _0\"></span>and man<span class=\"_ _0\"></span>ufacturing <span class=\"_ _0\"></span>organization<span class=\"_ _0\"></span><span class=\"ff6\">, <span class=\"_ _0\"></span>\u2018CDMO\u2019)<span class=\"_ _75\"> </span></span></span>di forme <span class=\"ff6\">solide orali de<span class=\"_ _0\"></span>stinate all\u2019ind<span class=\"_ _0\"></span>ustria farmaceutica<span class=\"_ _0\"></span></span>, nutraceuti<span class=\"_ _0\"></span>ca e cosmetica<span class=\"_ _75\"> </span>I <span class=\"_ _0\"></span>ricavi <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>clienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>quando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>controllo <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>trasferito <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>gene<span class=\"_ _0\"></span>ralment<span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>consegna,<span class=\"_ _75\"> </span>per un ammontar<span class=\"_ _0\"></span>e che riflette il corr<span class=\"_ _0\"></span>ispettivo che la Soc<span class=\"_ _0\"></span>iet\u00e0 si aspetta di r<span class=\"_ _0\"></span>icevere in cambio di tali be<span class=\"_ _0\"></span>ni.<span class=\"_ _75\"> </span>La<span class=\"ls0\"> <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>sidera <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>ci <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>altre <span class=\"_ _4\"></span>promesse <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>contratto <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>rapprese<span class=\"_ _0\"></span>ntano <span class=\"_ _4\"></span>obbligazioni <span class=\"_ _4\"></span>contrattuali<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>sulle <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>del<span class=\"_ _75\"> </span></span>corrispettivo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ve <span class=\"_ _4\"></span>essere <span class=\"_ _4\"></span>allocato. <span class=\"_ _4\"></span>Nel <span class=\"_ _4\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _4\"></span>de<span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>prodotti<span class=\"ls4\">, <span class=\"_ _4\"></span><span class=\"ls7\">la</span></span> <span class=\"_ _4\"></span>Societ\u00e0<span class=\"_ _75\"> </span>considera gli eventuali effetti <span class=\"_ _0\"></span>derivanti dalla presenza di co<span class=\"_ _0\"></span>rrispettivi variabili<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>di component<span class=\"_ _0\"></span>i finanziarie significative.<span class=\"_ _75\"> </span>Se il corrispettivo promesso nel contratto include un importo variabile, <span class=\"ls7\">la</span> Societ\u00e0 <span class=\"ff6\">stima l\u2019importo del corrispettivo variabile al momento<span class=\"_ _75\"> </span></span>della <span class=\"_ _3\"></span>stipula <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>atto. <span class=\"_ _3\"></span>Tale <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>rilevato <span class=\"_ _3\"></span>fino <span class=\"_ _4\"></span>a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>altamente <span class=\"_ _4\"></span>probabile <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>riconoscime<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>tenu<span class=\"_ _3\"></span>to <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>quanto concordato.<span class=\"_ _75\"> </span>1.4.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Imposte su<span class=\"_ _0\"></span>l reddito<span class=\"_ _75\"> </span></span></span>Imposte correnti<span class=\"_ _75\"> </span>Le <span class=\"_ _4\"></span>imposte <span class=\"_ _4\"></span>correnti <span class=\"_ _5\"></span>attive <span class=\"_ _4\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>passive <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>valutate <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>l\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>ci <span class=\"_ _5\"></span>si <span class=\"_ _4\"></span>attende<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>r<span class=\"_ _0\"></span>ecuperare <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>cor<span class=\"_ _0\"></span>risponde<span class=\"_ _3\"></span><span class=\"ff4\">re <span class=\"_ _5\"></span>alle<span class=\"_ _75\"> </span></span>autorit\u00e0 <span class=\"_ _0\"></span>fiscali. <span class=\"_ _3\"></span>Le <span class=\"_ _0\"></span>aliquote <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>fiscale <span class=\"_ _0\"></span>utilizzate <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>colare <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>nate, <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sostanzialme<span class=\"_ _0\"></span><span class=\"ff4\">nte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>vigor<span class=\"_ _0\"></span>e,<span class=\"_ _75\"> </span></span>alla data di chiusura di bilan<span class=\"_ _0\"></span>cio nei paesi dove<span class=\"_ _0\"></span> il Gruppo opera e g<span class=\"_ _0\"></span>enera il prop<span class=\"_ _0\"></span>rio reddito imponibile. Le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>correnti <span class=\"_ _0\"></span>relative <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ementi <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tto <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>anch\u2019e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>netto <span class=\"_ _4\"></span><span class=\"ff4\">e <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>nel<span class=\"_ _75\"> </span></span>prospetto <span class=\"_ _0\"></span>dell\u2019utile/(perdita) <span class=\"_ _0\"></span>d\u2019eser<span class=\"_ _0\"></span>cizio. Il <span class=\"_ _0\"></span>Man<span class=\"_ _0\"></span>agement <span class=\"_ _0\"></span>periodicamente <span class=\"_ _0\"></span>valuta<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sizione assun<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>dichiarazione <span class=\"_ _3\"></span><span class=\"ff4\">de<span class=\"_ _0\"></span>i r<span class=\"_ _0\"></span>edditi <span class=\"_ _0\"></span>nei<span class=\"_ _75\"> </span></span>casi in cui le norme fiscali siano<span class=\"_ _0\"></span> soggette ad<span class=\"_ _0\"></span> interpretazioni e, ove <span class=\"_ _0\"></span>appropriato, pr<span class=\"_ _0\"></span>ovvede a stanziare degli accanton<span class=\"_ _0\"></span>amenti<span class=\"_ _75\"> </span>Imposte differite<span class=\"_ _75\"> </span>Le imposte differite sono calcolate <span class=\"_ _0\"></span>applicando il cosiddetto \u201cliability<span class=\"_ _0\"></span> method\u201d alle differen<span class=\"_ _0\"></span>ze temporanee alla data di bilan<span class=\"_ _0\"></span><span class=\"ff4\">cio tra i va<span class=\"_ _0\"></span>lori<span class=\"_ _75\"> </span></span>fiscali delle attivit\u00e0 e delle pa<span class=\"_ _0\"></span>ssivit\u00e0 e i cor<span class=\"_ _0\"></span>rispondenti valori di bilan<span class=\"_ _0\"></span>cio. Le imposte differite passive sono <span class=\"_ _0\"></span>rilevate su tutte le differ<span class=\"_ _0\"></span>enze tempo<span class=\"_ _0\"></span>ranee tassabili, con le seguent<span class=\"_ _0\"></span>i eccezioni:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>rilevazione <span class=\"_ _0\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>dell\u2019a<span class=\"_ _0\"></span>vviamento <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>transazi<span class=\"_ _0\"></span><span class=\"ff4\">one<span class=\"_ _75\"> </span></span></span></span>che non <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>appresenta un\u2019aggregazione aziendale e, <span class=\"_ _2\"></span>al tempo della <span class=\"_ _2\"></span>transazion<span class=\"_ _0\"></span>e stessa, <span class=\"_ _2\"></span>non influenza n\u00e9 il <span class=\"_ _8\"></span>risu<span class=\"_ _0\"></span>ltato di bilancio<span class=\"_ _75\"> </span>n\u00e9 il risultato fiscale;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>riversamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>tempor<span class=\"_ _0\"></span>anee <span class=\"_ _4\"></span>imponibili, <span class=\"_ _4\"></span>associate <span class=\"_ _5\"></span>a <span class=\"_ _4\"></span>partecipazioni <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>controllate, <span class=\"_ _4\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span><span class=\"ff3\">joint<span class=\"_ _75\"> </span></span></span></span>venture<span class=\"ff4 ls4\">, pu\u00f2 essere controllato, ed \u00e8 probab<span class=\"_ _0\"></span>ile che esso non si verifichi nel prevedibile futuro.<span class=\"_ _75\"> </span></span>Le <span class=\"_ _8\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>differite attive <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>rilevate <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fronte <span class=\"_ _8\"></span>di tutte <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>differenze <span class=\"_ _2\"></span>temporanee <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ducibili, <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>crediti <span class=\"_ _8\"></span>e delle <span class=\"_ _8\"></span>perdite fiscali <span class=\"_ _8\"></span>non <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span>e riportabili a nuovo, <span class=\"_ _2\"></span>nella misura in cui sia probabile che saranno disponibili sufficienti imponibili<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>ali futuri, che possano consentire<span class=\"_ _75\"> </span>l\u2019utilizzo delle differenze tem<span class=\"_ _0\"></span>poranee d<span class=\"_ _0\"></span>educibili e dei crediti e <span class=\"_ _0\"></span>delle perdite fiscali ripor<span class=\"_ _0\"></span>tati a nuovo, e<span class=\"_ _0\"></span>ccetto i casi in <span class=\"_ _3\"></span><span class=\"ff4\">cui:<span class=\"_ _75\"> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _8\"></span>differita <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>iva <span class=\"_ _8\"></span>collegata<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>differenze <span class=\"_ _8\"></span>temporan<span class=\"_ _0\"></span>ee <span class=\"_ _8\"></span>dedu<span class=\"_ _0\"></span>cibili <span class=\"_ _8\"></span>deriva<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dalla <span class=\"_ _8\"></span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span>in <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansazione <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019aggregazione <span class=\"_ _3\"></span>aziendal<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tempo <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>transazione <span class=\"_ _3\"></span>stessa, <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>influ<span class=\"_ _0\"></span>isce <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _75\"> </span>sul risultato di bilancio, n\u00e9 su<span class=\"_ _0\"></span>l risultato fiscale;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temporanee <span class=\"_ _3\"></span>deducibili <span class=\"_ _4\"></span>associate <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partecipazioni <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollate, <span class=\"_ _3\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span><span class=\"ff3\">joint <span class=\"_ _3\"></span>ventur<span class=\"_ _0\"></span>e</span>, <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span></span></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>attive <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>solo <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isura <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sia <span class=\"_ _3\"></span>probabile <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esse <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riverser<span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>futuro <span class=\"_ _0\"></span>prevedibile<span class=\"_ _3\"></span> <span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span>che vi saranno sufficienti <span class=\"_ _0\"></span>imponibili fiscali che <span class=\"_ _0\"></span>consentano il recuper<span class=\"_ _0\"></span>o di tali differenze tem<span class=\"_ _0\"></span>poranee.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>carico <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>oste <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _3\"></span>attive <span class=\"_ _3\"></span>viene <span class=\"_ _3\"></span>riesaminato <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ciascuna <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ridott<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>misura <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cu<span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span>probabile che <span class=\"_ _8\"></span>saranno disponibili <span class=\"_ _8\"></span>in futuro <span class=\"_ _8\"></span>sufficienti imponibili <span class=\"_ _8\"></span>fiscali da <span class=\"_ _8\"></span>perm<span class=\"_ _0\"></span>ettere <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>tutto <span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>in parte <span class=\"_ _8\"></span>l\u2019utiliz<span class=\"_ _0\"></span><span class=\"ff4\">zo <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>tale <span class=\"_ _2\"></span>credito. Le <span class=\"_ _8\"></span>imposte<span class=\"_ _75\"> </span></span>differite <span class=\"_ _0\"></span>attive <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>riesam<span class=\"_ _0\"></span>inate <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>diventa <span class=\"_ _0\"></span>probabile<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>redditi<span class=\"_ _75\"> </span>fiscali saranno sufficienti a co<span class=\"_ _0\"></span>nsentire il recupe<span class=\"_ _0\"></span>ro di tali imposte diff<span class=\"_ _0\"></span>erite attive<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Le imposte differite attive e passive sono misurate in base alle aliquote fiscali che si attende sarann<span class=\"_ _0\"></span>o applicate nell\u2019eserc<span class=\"_ _0\"></span><span class=\"ff4\">izio in cui tali<span class=\"_ _75\"> </span></span>attivit\u00e0 si realizzeranno o <span class=\"_ _2\"></span>tali passivit\u00e0 si estingueranno, consideran<span class=\"_ _0\"></span>do le aliquote in <span class=\"_ _2\"></span>vigore e quelle gi\u00e0 emana<span class=\"_ _0\"></span>te, o sostanzialmente in<span class=\"_ _75\"> </span>vigore, alla data di bilancio.<span class=\"_ _75\"> </span>Le imposte differite relative ad<span class=\"_ _0\"></span> elementi rilevati al di fuori del conto economico sono anch\u2019esse r<span class=\"_ _0\"></span>ilevate al di fuor<span class=\"_ _0\"></span>i del co<span class=\"_ _0\"></span><span class=\"ff4\">nto econo<span class=\"_ _0\"></span>mico<span class=\"_ _75\"> </span></span>e, quindi, nel patrimonio ne<span class=\"_ _0\"></span>tto o nel conto eco<span class=\"_ _0\"></span>nomico complessivo, <span class=\"_ _0\"></span>coerentemen<span class=\"_ _0\"></span>te con l\u2019elemento cui si r<span class=\"_ _0\"></span>iferiscono.<span class=\"_ _75\"> </span>I benefici <span class=\"_ _0\"></span>fiscali acqu<span class=\"_ _0\"></span>isiti a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>di un\u2019agg<span class=\"_ _0\"></span>regazione azien<span class=\"_ _0\"></span>dale, <span class=\"_ _0\"></span>ma che <span class=\"_ _0\"></span>non soddisfan<span class=\"_ _0\"></span>o i <span class=\"_ _0\"></span>criteri p<span class=\"_ _0\"></span>er la <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>separ<span class=\"_ _3\"></span><span class=\"ff4\">ata alla <span class=\"_ _0\"></span>data<span class=\"_ _75\"> </span></span>di <span class=\"_ _6\"> </span>acquisizione, <span class=\"_ _6\"> </span>sono <span class=\"_ _6\"> </span>eve<span class=\"_ _0\"></span>ntualmente <span class=\"_ _f\"> </span>riconosciuti  succe<span class=\"_ _0\"></span>ssivamente, <span class=\"_ _6\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _6\"> </span>momento <span class=\"_ _6\"> </span>in <span class=\"_ _6\"> </span>cui <span class=\"_ _6\"> </span>si <span class=\"_ _6\"> </span>ot<span class=\"_ _0\"></span>tengono <span class=\"_ _6\"> </span>nuove <span class=\"_ _6\"> </span>infor<span class=\"_ _0\"></span>mazioni <span class=\"_ _f\"> </span>sui<span class=\"_ _75\"> </span>cambiamenti <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fatti <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>ostanze. <span class=\"_ _3\"></span>L\u2019aggiustamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>riconosciuto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>dell\u2019avviamen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>concorrenza <span class=\"_ _3\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>valore<span class=\"_ _75\"> </span></span>dell\u2019avviamento), <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>caso <span class=\"_ _10\"> </span>in <span class=\"_ _f\"> </span>cui <span class=\"_ _10\"> </span>sia <span class=\"_ _f\"> </span>rilevato <span class=\"_ _10\"> </span>durante <span class=\"_ _f\"> </span>il <span class=\"_ _10\"> </span>periodo <span class=\"_ _f\"> </span>di <span class=\"_ _10\"> </span>misurazione, <span class=\"_ _10\"> </span>ovvero <span class=\"_ _f\"> </span>nel <span class=\"_ _10\"> </span>conto <span class=\"_ _f\"> </span>econom<span class=\"_ _0\"></span>ico, <span class=\"_ _f\"> </span>se <span class=\"_ _f\"> </span>rilev<span class=\"_ _0\"></span>a<span class=\"_ _3\"></span><span class=\"ff4\">to<span class=\"_ _75\"> </span></span>successivamente.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>compensa imposte <span class=\"_ _8\"></span>differite <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _8\"></span>ed <span class=\"_ _2\"></span>imposte <span class=\"_ _2\"></span>differite <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _8\"></span>se <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>solo se <span class=\"_ _8\"></span>esiste <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>diritto <span class=\"_ _2\"></span>legale <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>consente di <span class=\"_ _2\"></span>compensare<span class=\"_ _75\"> </span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>imposte <span class=\"_ _4\"></span>differite <span class=\"_ _4\"></span>attive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>passive <span class=\"_ _3\"></span>facciano <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>imp<span class=\"_ _3\"></span>oste <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>reddito<span class=\"_ _75\"> </span>dovute alla stessa autorit\u00e0 fiscale <span class=\"_ _8\"></span>dallo stesso soggetto contribuente o da soggetti <span class=\"_ _2\"></span>contribuenti diversi che intendono saldare le attivit\u00e0<span class=\"_ _75\"> </span>e <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>fiscali <span class=\"_ _4\"></span>correnti <span class=\"_ _4\"></span>su <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>netta <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>realizzare <span class=\"_ _4\"></span>l\u2019attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>sa<span class=\"_ _0\"></span>ldare <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>contempor<span class=\"_ _3\"></span><span class=\"ff4\">aneamente, <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ogni<span class=\"_ _75\"> </span></span>periodo futuro nel qua<span class=\"_ _0\"></span>le ci si attende che le at<span class=\"_ _0\"></span>tivit\u00e0 e passivit\u00e0 per <span class=\"_ _0\"></span>imposte differite siano sa<span class=\"_ _0\"></span>ldate o recupe<span class=\"_ _0\"></span>rate.<span class=\"_ _75\"> </span>Imposte indirette<span class=\"_ _75\"> </span>I costi, <span class=\"_ _0\"></span>i ricavi, le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e le passivit\u00e0 <span class=\"_ _0\"></span>sono rilevati <span class=\"_ _0\"></span>al netto <span class=\"_ _0\"></span>delle imposte <span class=\"_ _0\"></span>indirette, qu<span class=\"_ _0\"></span>ali l\u2019imposta <span class=\"_ _0\"></span>sul valore <span class=\"_ _0\"></span>aggi<span class=\"_ _0\"></span><span class=\"ff4\">un<span class=\"_ _0\"></span>to, con <span class=\"_ _0\"></span>le seguenti<span class=\"_ _75\"> </span></span>eccezioni:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _3\"></span>applicata <span class=\"_ _3\"></span>all\u2019acqu<span class=\"_ _0\"></span>isto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>servizi <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>indetraibile; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _4\"></span>essa <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _4\"></span>rilevata <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>parte <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>acquis<span class=\"_ _3\"></span><span class=\"ff4 ls4\">to<span class=\"_ _75\"> </span></span></span></span>dell\u2019attivit\u00e0 o parte del costo ri<span class=\"_ _0\"></span>levato nel cont<span class=\"_ _0\"></span>o economico;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i crediti e i debiti commerciali incl<span class=\"_ _0\"></span>udono l\u2019imposta indiretta<span class=\"_ _0\"></span> applicabile.<span class=\"_ _75\"> </span></span></span>L\u2019ammontare netto d<span class=\"_ _0\"></span>elle imposte indirett<span class=\"_ _0\"></span>e da recuperare o<span class=\"_ _0\"></span> da pagare all\u2019Erario \u00e8 incluso ne<span class=\"_ _0\"></span>l bilancio <span class=\"_ _0\"></span>trai crediti ovvero tra<span class=\"_ _3\"></span><span class=\"ff4\"> i debiti.<span class=\"_ _75\"> </span></span>1.4.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Operazioni e<span class=\"_ _0\"></span> saldi in va<span class=\"_ _0\"></span>luta estera<span class=\"_ _75\"> </span></span></span>Le operazioni <span class=\"_ _2\"></span>in valuta <span class=\"_ _2\"></span>estera, se presenti, sono <span class=\"_ _2\"></span>rilevate<span class=\"_ _0\"></span> inizialmente <span class=\"_ _2\"></span>nella valuta funzionale, applicando <span class=\"_ _2\"></span>il tasso <span class=\"_ _2\"></span>di cambio a <span class=\"_ _8\"></span>pron<span class=\"_ _0\"></span>ti alla<span class=\"_ _75\"> </span>data dell\u2019operazione. Le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>passivit\u00e0 m<span class=\"_ _0\"></span>onetarie, de<span class=\"_ _0\"></span>nominate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertite <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>funzionale <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>al<span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>data del<span class=\"_ _75\"> </span>bilancio.<span class=\"_ _75\"> </span>Le <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>cambio <span class=\"_ _5\"></span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>quelle <span class=\"_ _5\"></span>derivanti <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>conversione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>poste <span class=\"_ _4\"></span>m<span class=\"_ _0\"></span>onetarie <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>ri<span class=\"_ _0\"></span>levate <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico.<span class=\"_ _4\"></span> <span class=\"_ _4\"></span><span class=\"ls3\">Le<span class=\"_ _75\"> </span></span>imposte <span class=\"_ _6\"> </span>attribuibili  alle <span class=\"_ _6\"> </span>differenze <span class=\"_ _6\"> </span>cambio <span class=\"_ _6\"> </span>sugli <span class=\"_ _6\"> </span>elementi <span class=\"_ _6\"> </span>monetari  sono <span class=\"_ _6\"> </span>anch\u2019esse <span class=\"_ _6\"> </span>rilevate <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>prospetto <span class=\"_ _6\"> </span>di  conto <span class=\"_ _6\"> </span>economico<span class=\"_ _75\"> </span>co<span class=\"ls0\">mplessivo. Le <span class=\"_ _8\"></span>poste<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>non monetarie <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>storico in <span class=\"_ _8\"></span>val<span class=\"_ _0\"></span>uta <span class=\"_ _2\"></span>estera sono <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>vertite <span class=\"_ _2\"></span>ai tassi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>cambio <span class=\"_ _2\"></span>alla data <span class=\"_ _2\"></span>di rilevazione<span class=\"_ _75\"> </span></span>iniziale de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>transazione. <span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>moneta<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>in valuta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stera <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>determinazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>valore. <span class=\"_ _0\"></span>L\u2019utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>perdita <span class=\"_ _3\"></span><span class=\"ff4\">che em<span class=\"_ _0\"></span>erge da<span class=\"_ _0\"></span>lla conversione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>monetarie<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>trattato <span class=\"_ _0\"></span>coeren<span class=\"_ _0\"></span>temente con<span class=\"_ _75\"> </span></span>la rilevazione degli ut<span class=\"_ _0\"></span>ili e de<span class=\"_ _0\"></span>lle perdite relative alla<span class=\"_ _0\"></span> variazione<span class=\"_ _0\"></span> del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>delle suddette po<span class=\"_ _0\"></span>ste (i.e. <span class=\"_ _0\"></span>le differenze d<span class=\"_ _0\"></span>i conversione <span class=\"_ _0\"></span>sulle<span class=\"_ _75\"> </span>voci la cui <span class=\"_ _0\"></span>variazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>\u00e8 rilevata<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico com<span class=\"_ _0\"></span>plessivo o <span class=\"_ _0\"></span>nel conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>sono rilevate, <span class=\"_ _0\"></span>rispettivamente,<span class=\"_ _75\"> </span>nel conto economico comples<span class=\"_ _0\"></span>sivo o nel cont<span class=\"_ _0\"></span>o economico).<span class=\"_ _75\"> </span>1.4.6<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Dividendi<span class=\"_ _75\"> </span></span></span>La <span class=\"_ _9\"> </span><span class=\"ls0\">Societ\u00e0 <span class=\"_ _9\"> </span>Capogruppo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>rileva <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>pa<span class=\"_ _0\"></span>ssivit\u00e0 <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>fronte <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>paga<span class=\"_ _0\"></span>mento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un <span class=\"_ _9\"> </span>dividendo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>distribuzione <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>adeguatam<span class=\"_ _0\"></span>ente<span class=\"_ _75\"> </span></span>autorizzata <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>discrezione <span class=\"_ _4\"></span>della <span class=\"_ _5\"></span>Societ\u00e0. <span class=\"_ _4\"></span>In <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iritto <span class=\"_ _4\"></span>societario <span class=\"_ _4\"></span>vigente <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>Europa, <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>distribuzione <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>autorizzat<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span>quando <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>approvata <span class=\"_ _3\"></span>dagli <span class=\"_ _3\"></span>azionis<span class=\"_ _0\"></span>ti. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>passi<span class=\"_ _0\"></span>vo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>opartita <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>alla <span class=\"_ _5\"></span>riserva<span class=\"_ _75\"> </span>indicata dal verbale assemblear<span class=\"_ _0\"></span>e. 1.4.7<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Immobili im<span class=\"_ _0\"></span>pianti e macchinari<span class=\"_ _75\"> </span></span></span>Gli <span class=\"_ _3\"></span>immobili <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>costruz<span class=\"_ _0\"></span>ione <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>orico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>eventuali <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Gli <span class=\"_ _4\"></span>Immobili, <span class=\"_ _3\"></span>imp<span class=\"_ _0\"></span>ianti <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span>macchinari <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>sto <span class=\"_ _3\"></span>storico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>relativo <span class=\"_ _4\"></span>fondo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>amm<span class=\"_ _0\"></span>ortamento <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Ta<span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>costo<span class=\"_ _75\"> </span>include <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>costi <span class=\"_ _2\"></span>per la <span class=\"_ _8\"></span>sostituzione di <span class=\"_ _8\"></span>parte <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>mac<span class=\"_ _0\"></span>chinar<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>impianti <span class=\"_ _2\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>mom<span class=\"_ _0\"></span>ento <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>sostenuti,<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>confor<span class=\"_ _0\"></span>mi <span class=\"_ _8\"></span>ai criteri <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>ri<span class=\"_ _0\"></span>levazione.<span class=\"_ _75\"> </span>Laddove sia necessar<span class=\"_ _0\"></span>ia la so<span class=\"_ _0\"></span>stituzione per<span class=\"_ _0\"></span>iodica<span class=\"_ _0\"></span> di parti signif<span class=\"_ _0\"></span>icative di <span class=\"_ _0\"></span>impianti e<span class=\"_ _0\"></span> macchinari<span class=\"lsa\">, </span>il Gruppo<span class=\"_ _0\"></span> li ammortiz<span class=\"_ _0\"></span>za separatamente<span class=\"_ _75\"> </span>in <span class=\"_ _2\"></span>base <span class=\"_ _2\"></span>alla <span class=\"_ _2\"></span><span class=\"ff6\">specifica <span class=\"_ _2\"></span>vita <span class=\"_ _2\"></span>utile. Allo <span class=\"_ _8\"></span>stesso modo, <span class=\"_ _8\"></span>in occasione <span class=\"_ _8\"></span>di revisioni <span class=\"_ _8\"></span>impor<span class=\"_ _0\"></span>tanti, <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _2\"></span>incluso nel <span class=\"_ _8\"></span>valore contabile <span class=\"_ _8\"></span>dell\u2019im<span class=\"_ _0\"></span><span class=\"ff4\">piant<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span></span>o del <span class=\"_ _8\"></span>macchin<span class=\"_ _0\"></span>ario come <span class=\"_ _2\"></span>nel caso della <span class=\"_ _8\"></span>sostitu<span class=\"_ _0\"></span>zione, laddove <span class=\"_ _2\"></span>sia soddisfatto il <span class=\"_ _8\"></span>criter<span class=\"_ _0\"></span>io per <span class=\"_ _8\"></span>la rilevazion<span class=\"_ _0\"></span>e. Tutti <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>altri costi di riparazione<span class=\"_ _75\"> </span>e <span class=\"_ _3\"></span>man<span class=\"_ _0\"></span>utenzione <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _4\"></span>quando <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>stenu<span class=\"_ _0\"></span>ti. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>smantellamento <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>rimozione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _75\"> </span>bene al termine del suo utilizzo \u00e8 <span class=\"_ _0\"></span>incluso nel costo <span class=\"_ _0\"></span>del be<span class=\"_ _0\"></span>ne, se sono soddisfat<span class=\"_ _0\"></span>ti i criteri di rilevazion<span class=\"_ _0\"></span>e per un accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>L\u2019ammortamento \u00e8 ca<span class=\"_ _0\"></span>lcolato a quote costa<span class=\"_ _0\"></span>nti sulla vita utile stimata<span class=\"_ _0\"></span> del bene come se<span class=\"_ _0\"></span>gue:<table class=\"s w317 h270\" id=\"_cbd3e37c-4486-4878-9073-096710be6f01\"><tr><td class=\"c x195 y1614 w1c6 h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Tabella delle aliquote di ammortamento </div></td><td class=\"c x1d4 y1615 w1c9 h39\"><div class=\"t m0 x6b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d5 y1615 w1ca h39\"><div class=\"t m0 x66 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1c5 y1615 w1cb h39\"><div class=\"t m0 x6a h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td></tr><tr><td class=\"c x195 y1616 w1c8 h1d0\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Fabbricati industriali, secondo la tipologia </div></td><td class=\"c x1d4 y1616 w1c9 h1d0\"><div class=\"t m0 x76 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">3%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1616 w1ca h1d0\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">5,50% </div></td><td class=\"c x1c5 y1616 w1cb h1d0\"><div class=\"t m0 x51 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">5.5% </div></td></tr><tr><td class=\"c x195 y1617 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Costruzioni leggere </div></td><td class=\"c x1d4 y1617 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1617 w1ca h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1618 w1c8 h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti generici, secondo la tipologia </div></td><td class=\"c x1d4 y1618 w1c9 h39\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">7,50% </div></td><td class=\"c x1d5 y1618 w1ca h39\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y1618 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1619 w318 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti <span class=\"_ _10\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _1c\"> </span>macchinari <span class=\"_ _1c\"> </span>specifici, <span class=\"_ _1c\"> </span>secondo <span class=\"_ _1c\"> </span>la<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161a w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">14%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161a w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161a w1cb hb1\"><div class=\"t m0 x56 h7 y7ee ff4 fs2 fc1 sc0 ls0 ws0\">12.5% </div></td></tr><tr><td class=\"c x197 y161b w319 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y161c w31a h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Attrezzature <span class=\"_ _4\"></span>industriali <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>commerciali, <span class=\"_ _4\"></span>secondo<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161d w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161d w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">40%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161d w1cb hb1\"><div class=\"t m0 x31 h7 y7ee ff4 fs2 fc1 sc0 ls13 ws0\">35%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y161e w31b h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">la tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y161f w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Mobili e arredi </div></td><td class=\"c x1d4 y161f w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161f w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y161f w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1620 w1c8 h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Macchine elettroniche di ufficio </div></td><td class=\"c x1d4 y1620 w1c9 h39\"><div class=\"t m0 x31 h7 y6e5 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1620 w1ca h39\"><div class=\"t m0 x72 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1620 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1621 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autoveicoli da trasporto </div></td><td class=\"c x1d4 y1621 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1621 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1621 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1622 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autovetture </div></td><td class=\"c x1d4 y1622 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1622 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1622 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td></tr></table>Il valore contabile di un elemen<span class=\"_ _0\"></span>to di immobili, impianti e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>ed ogni componente<span class=\"_ _0\"></span> significativo <span class=\"_ _0\"></span>inizialmente rilevato <span class=\"_ _3\"></span>\u00e8 eliminato al m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>eventuale <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>i si <span class=\"_ _0\"></span>attend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alcun <span class=\"_ _0\"></span>beneficio <span class=\"_ _0\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>futuro <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>suo <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span>L\u2019utile/perdita <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>erge <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>momento <span class=\"_ _4\"></span>dell\u2019eliminazione <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>(calcolato <span class=\"_ _3\"></span>come <span class=\"_ _4\"></span>differenza <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>nett<span class=\"_ _0\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>contabile<span class=\"_ _75\"> </span></span>dell\u2019attivit\u00e0 ed il corr<span class=\"_ _0\"></span>ispettivo percepito)<span class=\"_ _0\"></span> \u00e8 rilevato a conto econom<span class=\"_ _0\"></span>ico quando l\u2019elemen<span class=\"_ _0\"></span>to \u00e8 eliminato con<span class=\"_ _0\"></span>tabilmente.<span class=\"_ _75\"> </span>I valori <span class=\"_ _0\"></span>residui, <span class=\"_ _0\"></span>le v<span class=\"_ _0\"></span>ite utili <span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>todi di <span class=\"_ _0\"></span>ammortam<span class=\"_ _0\"></span>ento di<span class=\"_ _0\"></span> immobili<span class=\"_ _0\"></span>, impianti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>sono r<span class=\"_ _0\"></span>ivisti ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>chiusura <span class=\"_ _4\"></span>di esercizio<span class=\"_ _0\"></span> e,<span class=\"_ _75\"> </span>ove appropriato, corr<span class=\"_ _0\"></span>etti prospetticamente.<span class=\"_ _75\"> </span>1.4.8<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Leas</span></span>es<span class=\"_ _75\"> </span>Il Gruppo alla stipula di ogni contratto, verifica se lo stesso soddisfa la definizione di leasing prevista dal principio. La definizione<span class=\"_ _0\"></span> di un<span class=\"_ _75\"> </span>accordo <span class=\"_ _2\"></span>contrattuale come <span class=\"_ _8\"></span>oper<span class=\"_ _0\"></span>azione <span class=\"_ _8\"></span>di leasing <span class=\"_ _8\"></span>(o contenente <span class=\"_ _2\"></span>un\u2019operazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>leasing) <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>basa <span class=\"_ _2\"></span>sulla <span class=\"_ _2\"></span>sostanza dell\u2019accor<span class=\"ff4\">do e <span class=\"_ _8\"></span>richiede<span class=\"_ _75\"> </span></span>di <span class=\"_ _4\"></span>valutare <span class=\"_ _4\"></span>se <span class=\"_ _3\"></span>l\u2019adem<span class=\"_ _0\"></span>pimento <span class=\"_ _4\"></span>dell\u2019accordo <span class=\"_ _4\"></span>stesso <span class=\"_ _4\"></span>dipenda <span class=\"_ _4\"></span>dall\u2019utilizzo <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>specifiche <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>l\u2019accordo <span class=\"_ _4\"></span>trasfe<span class=\"_ _0\"></span><span class=\"ff4\">r<span class=\"_ _0\"></span>isca <span class=\"_ _4\"></span>alla<span class=\"_ _75\"> </span></span>controparte tutti i bene<span class=\"_ _0\"></span>fici economici derivanti d<span class=\"_ _0\"></span>all\u2019utilizzo dello ste<span class=\"_ _0\"></span>sso.<span class=\"_ _75\"> </span>Il Gruppo in veste di locatar<span class=\"_ _0\"></span>io<span class=\"_ _75\"> </span>Per <span class=\"_ _8\"></span>ogni <span class=\"_ _2\"></span>contratto <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _8\"></span>la <span class=\"_ _2\"></span>definizione <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>o che <span class=\"_ _8\"></span>contiene <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>leasing, il <span class=\"_ _8\"></span>Gruppo <span class=\"_ _2\"></span>contabili<span class=\"ff6\">zza <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>Diritto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>una <span class=\"_ _2\"></span><span class=\"ff4\">Passivit\u00e0<span class=\"_ _75\"> </span></span></span>finanziaria, pari al valore attuale dei pagamenti futuri del leasing pi\u00f9 i <span class=\"_ _2\"></span>costi iniziali diretti, obbligazioni a riportare il bene alle sue iniziali<span class=\"_ _75\"> </span>condizioni meno qualsia<span class=\"_ _0\"></span>si incentivo pagato al for<span class=\"_ _0\"></span>nitore. Gli oneri finanziari sono imputat<span class=\"_ _0\"></span>i al conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span>I beni in leasing sono ammor<span class=\"_ _0\"></span>tizzati sulla base della dur<span class=\"_ _0\"></span>ata del contratt<span class=\"_ _0\"></span>o di locazione. Il Gruppo riconoscer<span class=\"_ _0\"></span>\u00e0 nel proprio bilancio:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">una <span class=\"_ _2\"></span>passivit\u00e0 finanziaria, pari al <span class=\"_ _2\"></span>valore attuale dei <span class=\"_ _2\"></span>pagamenti futuri residui alla <span class=\"_ _2\"></span>data di transizione, <span class=\"_ _2\"></span>attua<span class=\"_ _0\"></span>lizzati <span class=\"_ _2\"></span>utilizz<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>do per<span class=\"_ _75\"> </span></span></span>ciascun contratto il tasso d<span class=\"_ _0\"></span>i finanziamento <span class=\"_ _0\"></span>marginale (incremen<span class=\"_ _0\"></span>tal borrowing rate) ap<span class=\"_ _0\"></span>plicabile alla data di tr<span class=\"_ _0\"></span>ansizione;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">un <span class=\"_ _8\"></span>dir<span class=\"_ _0\"></span>itto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _2\"></span>pari <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>della <span class=\"_ _8\"></span>passivit\u00e0 finanziaria <span class=\"_ _8\"></span>al netto <span class=\"_ _8\"></span>di eventuali <span class=\"_ _8\"></span>rate<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>risconti <span class=\"_ _2\"></span>attivi/passivi riferiti <span class=\"_ _8\"></span>al<span class=\"_ _0\"></span><span class=\"ff4\"> lease <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>rilevati<span class=\"_ _75\"> </span></span></span></span>nello stato patrimoniale alla data<span class=\"_ _0\"></span> di chiusura del p<span class=\"_ _0\"></span>resente bilancio<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Pur <span class=\"_ _4\"></span>presentando <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>trasc<span class=\"_ _0\"></span>urabile, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _4\"></span>provveduto<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ad <span class=\"_ _4\"></span>iscrivere <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>spese <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>opere <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>miglioramento <span class=\"_ _4\"></span>effettuate <span class=\"_ _4\"></span>sugl<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>immobili in <span class=\"_ _8\"></span>loca<span class=\"_ _0\"></span>zione, quando <span class=\"_ _2\"></span>hanno<span class=\"_ _0\"></span> i <span class=\"_ _8\"></span>requisiti per essere <span class=\"_ _2\"></span>capitalizzati, all\u2019interno del <span class=\"_ _2\"></span>diritto d\u2019uso <span class=\"_ _2\"></span>amm<span class=\"_ _0\"></span>ortizzandoli sulla<span class=\"ff4\"> base della <span class=\"_ _2\"></span>vita<span class=\"_ _75\"> </span></span>utile residua di ogni singolo <span class=\"_ _0\"></span>contratto.<span class=\"_ _75\"> </span>Nell\u2019adottare <span class=\"_ _4\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span><span class=\"ff4\">il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span></span>ha <span class=\"_ _4\"></span>deciso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>avvalersi <span class=\"_ _4\"></span>dell\u2019esenzione <span class=\"_ _4\"></span>concessa <span class=\"_ _4\"></span>dal <span class=\"_ _4\"></span>principio <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>relazion<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>relativamente <span class=\"_ _4\"></span>ai <span class=\"_ _4\"></span>meglio<span class=\"_ _75\"> </span>conosciuti <span class=\"_ _0\"></span>short-term<span class=\"_ _0\"></span> lease<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>contratti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>durata <span class=\"_ _0\"></span>inferiore <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>12 <span class=\"_ _0\"></span>mesi) pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tutte <span class=\"_ _0\"></span>classi di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 e <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>-value <span class=\"_ _0\"></span>asset, <span class=\"_ _0\"></span>ossia <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>lease per i quali il valore u<span class=\"_ _0\"></span>nitario dei beni sot<span class=\"_ _0\"></span>tostanti non \u00e8 superio<span class=\"_ _0\"></span>re a 5 migliaia di euro q<span class=\"_ _0\"></span>uando nuovi. I <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>appli<span class=\"_ _0\"></span>cata <span class=\"_ _3\"></span>l\u2019esenzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricadono <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_ _4\"></span>all\u2019interno <span class=\"_ _4\"></span><span class=\"ff4\">della <span class=\"_ _3\"></span>catego<span class=\"_ _0\"></span>ria <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>carrelli <span class=\"_ _3\"></span>elevatori, <span class=\"_ _4\"></span>in <span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span>acquistati nel corso del 2019 e <span class=\"_ _0\"></span>consider<span class=\"_ _0\"></span>ati pertanto contratti di br<span class=\"_ _0\"></span>eve durata.<span class=\"_ _75\"> </span>Per tali <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>l\u2019adozione<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>compor<span class=\"_ _0\"></span>ter\u00e0 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>lease <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>relativo<span class=\"_ _4\"></span><span class=\"ff4\"> </span>diritto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>\u2019uso,<span class=\"_ _75\"> </span>ma i canoni di locazione <span class=\"_ _0\"></span>saranno rilevati a conto eco<span class=\"_ _0\"></span>nomico su bas<span class=\"_ _0\"></span>e lineare per la d<span class=\"_ _0\"></span>urata dei rispettivi contratt<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span>Il Gruppo in veste di locator<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>I contratti <span class=\"_ _0\"></span>di leasing <span class=\"_ _0\"></span>che sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>lasciano in <span class=\"_ _0\"></span>capo alla <span class=\"_ _3\"></span>Societ\u00e0<span class=\"_ _0\"></span> tutti <span class=\"_ _0\"></span>i rischi <span class=\"_ _0\"></span>e benefici <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>propriet\u00e0 <span class=\"_ _0\"></span>del bene <span class=\"_ _0\"></span>sono classificat<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>come leasing operati<span class=\"_ _0\"></span>vi. I proventi <span class=\"_ _0\"></span>da leasing derivant<span class=\"_ _0\"></span>i da leasing<span class=\"_ _0\"></span> operativi sono r<span class=\"_ _0\"></span>ilevati in<span class=\"_ _0\"></span> quote costanti lun<span class=\"_ _0\"></span>go la durata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>leasing, e<span class=\"_ _75\"> </span>sono inclus<span class=\"_ _0\"></span>i tra <span class=\"_ _0\"></span>gli altr<span class=\"_ _0\"></span>i rica<span class=\"_ _0\"></span>vi nel <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> data <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>loro nat<span class=\"_ _0\"></span>ura op<span class=\"_ _0\"></span>erativa. I <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>iniziali <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>aggiunti <span class=\"_ _0\"></span>al va<span class=\"_ _0\"></span>lore<span class=\"_ _75\"> </span>contabile del bene locato e rile<span class=\"_ _0\"></span>vati in base a<span class=\"_ _0\"></span>lla durata del contratto <span class=\"_ _0\"></span>sulla medesima ba<span class=\"_ _3\"></span>se dei proventi da<span class=\"_ _0\"></span> locazione.<span class=\"_ _75\"> </span>1.4.9<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Oneri finan<span class=\"_ _0\"></span>ziari<span class=\"_ _75\"> </span></span></span>Gli <span class=\"_ _4\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _5\"></span>finanziari <span class=\"_ _5\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>imputabili <span class=\"_ _5\"></span>all\u2019acquisizione, <span class=\"_ _9\"> </span>alla <span class=\"_ _4\"></span>co<span class=\"_ _0\"></span>struzione <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>oduzione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>bene <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>richiede <span class=\"_ _5\"> </span>un <span class=\"_ _7\"> </span><span class=\"ff4\">periodo<span class=\"_ _75\"> </span></span>abbastanza <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>prima <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>all\u2019uso, <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>cap<span class=\"_ _0\"></span>italizzati <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>stesso<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tutti <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>altr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _0\"></span>f<span class=\"_ _3\"></span><span class=\"ff4\">inanziari <span class=\"_ _3\"></span>sono<span class=\"_ _75\"> </span></span>rilevati <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>competen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sostenuti. <span class=\"_ _0\"></span>Gli <span class=\"_ _0\"></span>oner<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziari <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>stituiti <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>interessi<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span>che un\u2019entit\u00e0 sostiene in rela<span class=\"_ _0\"></span>zione all\u2019ottenime<span class=\"_ _0\"></span>nto di finanziament<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span>1.4.10<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>inizial<span class=\"_ _0\"></span>mente rilevate <span class=\"_ _8\"></span>al costo<span class=\"ls4\">. </span>Dopo <span class=\"_ _8\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rilevazione iniziale, <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>iscritte al <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>netto<span class=\"_ _75\"> </span>dell\u2019ammortamento accumulato <span class=\"_ _2\"></span>e di <span class=\"_ _8\"></span>eventuali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>perdite di <span class=\"_ _8\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>accumulat<span class=\"_ _0\"></span>e. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>prodotte<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>internamente, ad <span class=\"_ _8\"></span>e<span class=\"_ _3\"></span><span class=\"ff4\">ccezione<span class=\"_ _75\"> </span></span>dei <span class=\"_ _2\"></span>costi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>sviluppo che <span class=\"_ _8\"></span>soddisfan<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>specifici <span class=\"_ _2\"></span>requisiti cos\u00ec <span class=\"_ _8\"></span>definiti dallo <span class=\"_ _8\"></span>IAS 38, <span class=\"_ _2\"></span>non <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>capitalizzate e <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>rilevano <span class=\"_ _2\"></span>nel <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico<span class=\"_ _75\"> </span>dell\u2019esercizio in cui sono state so<span class=\"_ _0\"></span>stenute.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>La vita utile delle attivit\u00e0 im<span class=\"_ _0\"></span>materiali \u00e8 valutata <span class=\"_ _0\"></span>come definita o <span class=\"_ _0\"></span>indefinita.<span class=\"_ _75\"> </span>Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>definita <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>ammortizzate <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>sottoposte <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>verifica <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>congruit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span>valore<span class=\"ls4\">, </span>ogni volta che <span class=\"_ _2\"></span>vi siano indicazioni di una <span class=\"_ _2\"></span>possibile perdita di valore. Il periodo di <span class=\"_ _2\"></span>ammortamento ed il metodo di <span class=\"_ _2\"></span>ammortamen<span class=\"_ _3\"></span><span class=\"ls38\">to<span class=\"_ _75\"> </span></span>di un\u2019attivit\u00e0 immateriale a vita utile definita \u00e8 riconsiderato almeno ad ogni chiusura d\u2019esercizio. I cambiamenti nella vit<span class=\"_ _0\"></span><span class=\"ff4\">a utile attesa o<span class=\"_ _75\"> </span></span>delle modalit\u00e0 con cui i benefici econom<span class=\"_ _0\"></span>ici futuri legati all\u2019attivit\u00e0 si rea<span class=\"_ _0\"></span>lizzeranno sono r<span class=\"_ _0\"></span><span class=\"ff4\">ilevati attrave<span class=\"_ _0\"></span>rso il cambiamento del per<span class=\"_ _0\"></span>iodo o<span class=\"_ _75\"> </span></span>del metodo di ammortamento, a seconda dei <span class=\"_ _2\"></span>casi, e sono considerati cambiamenti di stime contabili. Le quote di <span class=\"_ _2\"></span>ammortam<span class=\"_ _0\"></span>ento d<span class=\"_ _0\"></span>elle<span class=\"_ _75\"> </span>attivit\u00e0 immateriali a vita utile defi<span class=\"_ _0\"></span>nita sono rilevate nel pr<span class=\"_ _0\"></span>ospetto dell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) d\u2019eser<span class=\"_ _0\"></span>cizio nella categoria di costo<span class=\"_ _0\"></span> coerente con la<span class=\"_ _75\"> </span>funzione dell\u2019attivit\u00e0 imm<span class=\"_ _0\"></span>ateriale.<span class=\"_ _75\"> </span>Le <span class=\"_ _2\"></span>attivit\u00e0 <span class=\"_ _2\"></span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>con <span class=\"_ _2\"></span>vita utile <span class=\"_ _8\"></span>indefinita non <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> ammortizzate, <span class=\"_ _2\"></span>ma <span class=\"_ _2\"></span>sono sottoposte <span class=\"_ _8\"></span>annua<span class=\"_ _0\"></span>lmente alla <span class=\"_ _8\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>perd<span class=\"_ _0\"></span>ita di <span class=\"_ _2\"></span>valore,<span class=\"_ _75\"> </span>sia <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _4\"></span>individuale <span class=\"_ _3\"></span>sia <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _3\"></span>gene<span class=\"_ _0\"></span>ratrice <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>cassa<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>(IA<span class=\"_ _0\"></span>S <span class=\"_ _3\"></span>36)<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>La <span class=\"_ _4\"></span>valutazione <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _4\"></span>indefinita <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>rivista<span class=\"_ _75\"> </span>annualmente <span class=\"_ _0\"></span>per deter<span class=\"_ _0\"></span>minare se tale <span class=\"_ _0\"></span>attribuzione <span class=\"_ _0\"></span>continua ad<span class=\"_ _0\"></span> esse<span class=\"_ _0\"></span>re sostenibile<span class=\"_ _3\"></span>, altrimenti, <span class=\"_ _0\"></span>il cambi<span class=\"_ _0\"></span>amento <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span><span class=\"ff6\">\u201c</span>vita utile <span class=\"_ _0\"></span>indefinita<span class=\"ff6\">\u201d</span> <span class=\"_ _0\"></span><span class=\"ls9\">a<span class=\"_ _75\"> </span></span>\u201c<span class=\"ff4\">vita utile definita</span>\u201d<span class=\"ff4\"> si app<span class=\"_ _0\"></span>lica su base<span class=\"_ _0\"></span> prospettica. </span>Un'attivit\u00e0 <span class=\"_ _2\"></span>immateriale viene <span class=\"_ _8\"></span>elimina<span class=\"_ _0\"></span>ta <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>momento della <span class=\"_ _8\"></span>dismissione (ossia, <span class=\"_ _8\"></span>alla data <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>l\u2019acquirente ne <span class=\"_ _8\"></span>ottiene il <span class=\"_ _8\"></span>cont<span class=\"_ _0\"></span><span class=\"ff4\">rollo) o <span class=\"_ _8\"></span>quando<span class=\"_ _75\"> </span></span>non ci si attendono benefici e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ici futuri dal suo utilizzo o dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span>Qualsiasi utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>derivante <span class=\"_ _0\"></span>dall\u2019eliminazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>'attivit\u00e0 <span class=\"_ _0\"></span>(calcolata <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>corrispettivo <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\">la <span class=\"_ _0\"></span>dismissione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>il valore contabile dell'attivit\u00e0)<span class=\"_ _0\"></span> \u00e8 inclusa nel conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span>I <span class=\"ff6 ls0\">Diritti di brevetto industriale e dir<span class=\"_ _0\"></span>itti di utilizza<span class=\"_ _0\"></span>zione delle opere dell<span class=\"_ _0\"></span>'ingegno sono ammor<span class=\"_ _0\"></span>tizzati con un\u2019aliquota an<span class=\"_ _0\"></span>nua d<span class=\"_ _0\"></span><span class=\"ff4\">el 20<span class=\"_ _0\"></span>%.</span></span><span class=\"ff6 ls0\"><span class=\"ff4\">   </span></span>1.4.11<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Strument<span class=\"_ _0\"></span>i finanziari <span class=\"_ _0\"></span><span class=\"ff19\">\u2013</span> Rilevazione e valutazio<span class=\"_ _0\"></span>ne<span class=\"_ _75\"> </span></span></span>Uno strumen<span class=\"_ _0\"></span>to finanziario <span class=\"_ _0\"></span>\u00e8 quals<span class=\"_ _0\"></span>iasi contratt<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>d\u00e0 origine <span class=\"_ _0\"></span>a un<span class=\"_ _0\"></span>\u2019attivit\u00e0 fina<span class=\"_ _0\"></span>nziaria per <span class=\"_ _0\"></span>un\u2019entit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ad una <span class=\"_ _0\"></span>passivit\u00e0 fin<span class=\"_ _3\"></span><span class=\"ff4\">anziaria <span class=\"_ _0\"></span>o ad<span class=\"_ _75\"> </span></span>uno strumento rappr<span class=\"_ _0\"></span>esentativo di capitale per un<span class=\"_ _0\"></span>\u2019altra entit\u00e0.<span class=\"_ _75\"> </span>i) Attivit\u00e0 finanziarie<span class=\"_ _0\"></span> Rilevazione iniziale e<span class=\"_ _0\"></span> valutazione<span class=\"_ _75\"> </span>Al <span class=\"_ _0\"></span>momento <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>rile<span class=\"_ _0\"></span>vazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>seconda<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>casi, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>successive<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>modalit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>misurazione, cio\u00e8 al<span class=\"_ _0\"></span> costo ammor<span class=\"_ _0\"></span>tizzato, al <span class=\"ff3\">fair<span class=\"_ _0\"></span> value</span> rilevato<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico comples<span class=\"_ _0\"></span>sivo (di seguito an<span class=\"_ _0\"></span>che OCI) e al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _75\"> </span></span>rilevato nel conto economico. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>natura <span class=\"_ _3\"></span>dello <span class=\"_ _0\"></span>strumen<span class=\"_ _0\"></span>to, <span class=\"_ _3\"></span>dipende <span class=\"_ _0\"></span>dalle<span class=\"_ _75\"> </span>caratteristiche <span class=\"_ _0\"></span>dei flussi di <span class=\"_ _0\"></span>cassa con<span class=\"_ _0\"></span>trattuali delle <span class=\"_ _0\"></span>attivit\u00e0 finanziar<span class=\"_ _0\"></span>ie e <span class=\"_ _0\"></span>dal modello <span class=\"_ _3\"></span>di bu<span class=\"_ _0\"></span>siness che <span class=\"_ _0\"></span>il Gruppo <span class=\"_ _0\"></span>usa per la <span class=\"_ _0\"></span>loro gestione.<span class=\"_ _75\"> </span>Ad <span class=\"_ _0\"></span>eccezione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commer<span class=\"_ _0\"></span>ciali<span class=\"ls4\">, <span class=\"_ _3\"></span></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un'attivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>value</span> <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>eventuali <span class=\"_ _3\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>transazione. I crediti comm<span class=\"_ _0\"></span>erciali sono valutati al pr<span class=\"_ _0\"></span>ezzo dell\u2019operazione d<span class=\"_ _0\"></span>eterminato seco<span class=\"_ _0\"></span><span class=\"ff4\">nd<span class=\"_ _0\"></span>o l'IFRS 15. </span>Affinch\u00e9 un'attivit\u00e0 finanziaria pos<span class=\"_ _0\"></span>sa essere classificata e <span class=\"_ _0\"></span>valutata a<span class=\"_ _0\"></span>l costo ammortizzato o al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> r<span class=\"_ _0\"></span>ilevato in OCI, deve generare<span class=\"_ _75\"> </span>flussi <span class=\"_ _8\"></span>finanziari <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>dipendono <span class=\"_ _8\"></span>solam<span class=\"_ _0\"></span>ente <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>capitale <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>gli <span class=\"_ _8\"></span>interessi <span class=\"_ _8\"></span>sull\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _8\"></span>del capitale <span class=\"_ _8\"></span>da <span class=\"_ _8\"></span>restituire<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>(cosiddetto \u2018<span class=\"ff3\">solely <span class=\"_ _2\"></span>payments<span class=\"_ _75\"> </span></span>of principal and interest<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"ff6\">(SPPI)\u2019). Questa <span class=\"_ _0\"></span>valutazione \u00e8 indicata <span class=\"_ _0\"></span>come test SPPI e viene ese<span class=\"_ _0\"></span>guita a li<span class=\"_ _0\"></span>vello di strumento.<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>soddisfano <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>equisiti <span class=\"_ _0\"></span>sopr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>indicati <span class=\"_ _3\"></span>(e.g. <span class=\"_ _3\"></span>SPPI) <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificati <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>misurati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _3\"></span>value<span class=\"_ _75\"> </span></span>rilevato a conto economico<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Il <span class=\"_ _2\"></span>modello <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>business del <span class=\"_ _2\"></span>Gruppo per <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>delle attivit\u00e0 <span class=\"_ _8\"></span>finanz<span class=\"_ _0\"></span>iarie si <span class=\"_ _8\"></span>riferisce al <span class=\"_ _8\"></span>mod<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>in cui <span class=\"_ _8\"></span>gestisce le <span class=\"_ _8\"></span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _2\"></span>attivit\u00e0 finanziarie<span class=\"_ _75\"> </span>al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>generare <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>ri. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aziendale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>determin<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _3\"></span>deriverann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>accolta <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fl<span class=\"_ _3\"></span>ussi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziari<span class=\"_ _75\"> </span>co<span class=\"ls0\">ntrattuali, dalla vendita de<span class=\"_ _0\"></span>lle attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie o da entrambi.<span class=\"_ _75\"> </span></span>Valutazione successiva<span class=\"_ _75\"> </span>Ai fini della valutazione su<span class=\"_ _0\"></span>ccessiva, <span class=\"_ _0\"></span>le attivit\u00e0 finanziarie sono <span class=\"_ _0\"></span>classificate in quattro ca<span class=\"_ _0\"></span>tegorie:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al costo ammor<span class=\"_ _0\"></span>tizzato (strumen<span class=\"_ _0\"></span>ti di debito);<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _9\"> </span>finanziarie <span class=\"_ _9\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _9\"> </span>value</span> <span class=\"_ _9\"> </span>rilevato <span class=\"_ _9\"> </span>nel <span class=\"_ _9\"> </span>conto <span class=\"_ _9\"> </span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _9\"> </span>complessivo <span class=\"_ _9\"> </span>con <span class=\"_ _9\"> </span>riclassifica <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _9\"> </span>utili <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>perdite <span class=\"_ _9\"> </span>cumulate<span class=\"_ _75\"> </span></span></span>(strumenti di debito)<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _5\"></span>finanziarie <span class=\"_ _5\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _5\"> </span>value<span class=\"_ _0\"></span></span> <span class=\"_ _5\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _9\"> </span>senza <span class=\"_ _5\"></span>rigiro <span class=\"_ _9\"> </span>degli <span class=\"_ _5\"></span>utili <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>pe<span class=\"_ _0\"></span>rdite <span class=\"_ _5\"></span>cumulate <span class=\"_ _9\"> </span>nel<span class=\"_ _75\"> </span></span></span>momento dell\u2019eliminazione (str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi di capitale);<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al <span class=\"ff3\">fair value<span class=\"_ _0\"></span></span> rilevato a conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span></span></span>Attivit\u00e0 finanziarie al costo amm<span class=\"_ _0\"></span>ortizzato (str<span class=\"_ _0\"></span>umenti di debito)<span class=\"_ _75\"> </span>Il Gruppo valuta le attivit\u00e0 fin<span class=\"_ _0\"></span>anziar<span class=\"_ _0\"></span>ie al costo ammortizzato se ent<span class=\"_ _0\"></span>rambi i seguenti r<span class=\"_ _0\"></span>equisiti sono soddisfatti:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l'attivit\u00e0 <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _5\"></span>possedu<span class=\"_ _0\"></span>ta <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>quad<span class=\"_ _0\"></span>ro <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>modello <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>busine<span class=\"_ _0\"></span>ss <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>cui <span class=\"_ _5\"></span>obiettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>po<span class=\"_ _0\"></span>ssesso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finanziari<span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span></span></span>finalizzato alla raccolta d<span class=\"_ _0\"></span>ei flussi finan<span class=\"_ _0\"></span>ziari contrattuali<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti <span class=\"_ _9\"> </span>del <span class=\"_ _5\"></span>capitale <span class=\"_ _5\"></span>e <span class=\"_ _9\"> </span>dell'interesse <span class=\"_ _9\"> </span>sull'importo <span class=\"_ _5\"></span>del <span class=\"_ _9\"> </span>capitale <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>restituire<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>meglio <span class=\"_ _5\"></span>conosciuto<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>SPPI <span class=\"_ _9\"> </span>test <span class=\"_ _5\"></span>(solely<span class=\"_ _75\"> </span>payments of principal and<span class=\"_ _0\"></span> interest).<span class=\"_ _75\"> </span>Le <span class=\"_ _8\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _8\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _8\"></span>am<span class=\"_ _0\"></span>mortizzato sono <span class=\"_ _8\"></span>successivam<span class=\"_ _0\"></span>ente <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>utilizzando il <span class=\"_ _8\"></span>criterio <span class=\"_ _2\"></span>dell\u2019interesse effettivo <span class=\"_ _2\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>sono soggette<span class=\"_ _75\"> </span></span>ad <span class=\"ff3 ls0\">impairment<span class=\"ff4\">. Gli utili e le per<span class=\"_ _0\"></span>dite sono r<span class=\"_ _0\"></span>ilevati <span class=\"ff6\">a conto economico<span class=\"_ _0\"></span> quando l\u2019attivit\u00e0 \u00e8 eliminat<span class=\"_ _0\"></span>a, modificata o r<span class=\"_ _0\"></span>ivalutata.<span class=\"_ _75\"> </span></span></span></span>Attivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato in OCI <span class=\"_ _0\"></span>(strumenti di debito)<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>valuta <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _5\"></span>strumenti <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>debito <span class=\"_ _4\"></span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _5\"></span>rilevato <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _5\"></span>se <span class=\"_ _4\"></span>en<span class=\"_ _0\"></span>trambe <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>seguenti<span class=\"_ _75\"> </span>condizioni sono soddisfatte<span class=\"_ _0\"></span>:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l'attivit\u00e0 finanziaria \u00e8 po<span class=\"_ _0\"></span>sseduta nel q<span class=\"_ _0\"></span>uadro di un mode<span class=\"_ _0\"></span>llo di busine<span class=\"_ _0\"></span>ss il cui obietti<span class=\"_ _0\"></span>vo \u00e8 conse<span class=\"_ _0\"></span>guito sia<span class=\"_ _0\"></span> mediante l\u2019incasso <span class=\"_ _3\"></span><span class=\"ff4\">dei<span class=\"_ _75\"> </span></span></span></span>flussi finanziari contrattual<span class=\"_ _0\"></span>i che mediant<span class=\"_ _0\"></span>e la vendita delle attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti del capitale ed inter<span class=\"_ _0\"></span>essi determinat<span class=\"_ _0\"></span>i sull'importo del cap<span class=\"_ _0\"></span>itale da restituire.<span class=\"_ _75\"> </span>Per <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>bito <span class=\"_ _3\"></span>valuta<span class=\"_ _0\"></span>ti <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>OCI, <span class=\"_ _4\"></span>gli <span class=\"_ _4\"></span>interessi <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivi, <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>differenze <span class=\"_ _4\"></span>cambio <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span>perdite <span class=\"_ _8\"></span>di valore, <span class=\"_ _8\"></span>insieme <span class=\"_ _8\"></span>alle riprese, <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _8\"></span>a <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>sono calcolati <span class=\"_ _8\"></span>allo <span class=\"_ _8\"></span>stesso <span class=\"_ _2\"></span>modo delle <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _8\"></span>fin<span class=\"_ _0\"></span>anziarie valutate<span class=\"_ _75\"> </span>al <span class=\"_ _8\"></span>costo <span class=\"_ _8\"></span>ammor<span class=\"_ _0\"></span>tizzato. <span class=\"_ _8\"></span>Le <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>imane<span class=\"_ _0\"></span>nti <span class=\"_ _8\"></span>variazioni <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span><span class=\"ff3\">fair <span class=\"_ _8\"></span>va<span class=\"_ _0\"></span>lue<span class=\"ff4\"> <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>rilevate <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>OCI. <span class=\"_ _8\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>momento <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>'eliminazione, <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>variazione <span class=\"_ _2\"></span>cumulativa<span class=\"_ _75\"> </span></span></span>del <span class=\"ff3\">fair value</span> rilevata in O<span class=\"_ _0\"></span>CI viene r<span class=\"_ _0\"></span>iclassificata nel conto econo<span class=\"_ _0\"></span>mico.<span class=\"_ _75\"> </span>Le attivit\u00e0<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di de<span class=\"_ _0\"></span>bito <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span><span class=\"ls7\">la</span> So<span class=\"_ _0\"></span>ciet\u00e0 va<span class=\"_ _0\"></span>lutati a<span class=\"_ _0\"></span>l <span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> r<span class=\"_ _0\"></span>ilevato in <span class=\"_ _0\"></span>OCI <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>debito<span class=\"_ _75\"> </span>quotati inclusi nelle altre a<span class=\"_ _0\"></span>ttivit\u00e0 finanziarie non<span class=\"_ _0\"></span> correnti.<span class=\"_ _75\"> </span>Investimenti in strumenti r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>ivi di capitale<span class=\"_ _75\"> </span>All'atto de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>pu\u00f2 <span class=\"_ _0\"></span>irrevocabilmente <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>egliere <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>classificare <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i inve<span class=\"_ _0\"></span>stimenti <span class=\"_ _0\"></span>azionari <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>strum<span class=\"_ _0\"></span>enti<span class=\"_ _75\"> </span>rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>rilevati al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>in OCI <span class=\"_ _0\"></span>quando soddisfano <span class=\"_ _0\"></span>la definizione <span class=\"_ _0\"></span>di strum<span class=\"_ _0\"></span>enti rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>ai sensi<span class=\"_ _75\"> </span>dello IAS 32 <span class=\"_ _0\"></span>\u201cStrumenti <span class=\"_ _0\"></span>finanziari:<span class=\"_ _0\"></span> Presentazione\u201d <span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>n sono <span class=\"_ _0\"></span>detenuti per<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>negoziazione. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _0\"></span>\u00e8 deter<span class=\"_ _0\"></span>minata <span class=\"_ _3\"></span><span class=\"ff4\">per<span class=\"_ _0\"></span> ogni<span class=\"_ _75\"> </span></span>singolo strumento.<span class=\"_ _75\"> </span>Gli utili<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>consegu<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tali <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _0\"></span>mai <span class=\"_ _0\"></span>rigirati <span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. <span class=\"_ _0\"></span>I <span class=\"_ _0\"></span>dividendi <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>come<span class=\"_ _75\"> </span>altri ricavi <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>conto e<span class=\"_ _0\"></span>conomico q<span class=\"_ _0\"></span>uando <span class=\"_ _0\"></span>il diritto<span class=\"_ _0\"></span> al <span class=\"_ _0\"></span>pagamento <span class=\"_ _0\"></span>\u00e8 st<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>deliberato<span class=\"_ _0\"></span><span class=\"ls4\">. <span class=\"_ _0\"></span></span>Gli str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>capitale <span class=\"_ _0\"></span>iscritti <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _75\"> </span></span>value<span class=\"ff4\"> rilevato in OCI non <span class=\"_ _0\"></span>sono soggett<span class=\"_ _0\"></span>i a </span>impairmen<span class=\"_ _0\"></span>t<span class=\"ff4\"> test.<span class=\"_ _75\"> </span></span>Cancellazione<span class=\"_ _75\"> </span>Un\u2019attivit\u00e0 finanziaria <span class=\"_ _0\"></span>(o, ove<span class=\"_ _0\"></span> applicabile, <span class=\"_ _0\"></span>parte di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanziaria o <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span><span class=\"ff4\">grup<span class=\"_ _0\"></span>po di attivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>simili) \u00e8 <span class=\"_ _0\"></span>cancellata in<span class=\"_ _75\"> </span></span>primo luogo (es. rimossa d<span class=\"_ _0\"></span>al prospetto della situazione patr<span class=\"_ _0\"></span>imoniale<span class=\"_ _0\"></span>-finanziar<span class=\"_ _0\"></span>ia del Gruppo)<span class=\"_ _0\"></span> quando:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i diritti a ricevere flussi finanziar<span class=\"_ _0\"></span>i dall\u2019attivit\u00e0 sono e<span class=\"_ _0\"></span>stinti, o<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il Gruppo <span class=\"ff6\">ha trasferito ad una<span class=\"_ _0\"></span> terza parte il diritto a ricevere flussi finan<span class=\"_ _0\"></span>ziari dall\u2019attivit\u00e0 o ha assunto l<span class=\"_ _0\"></span>\u2019obbligo contrattuale di<span class=\"_ _75\"> </span></span></span></span>corrisponderli interamente e senza ritardi e (a) ha <span class=\"_ _2\"></span>trasferito sostanzialmente tutti i <span class=\"_ _2\"></span>rischi e benefici della propriet\u00e0 dell<span class=\"_ _0\"></span><span class=\"ff6\">\u2019att</span>ivit\u00e0<span class=\"_ _75\"> </span>finanziaria, <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(b) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasferito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0, <span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfe<span class=\"_ _3\"></span><span class=\"ff4\">rito <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span></span>controllo della stessa.<span class=\"_ _75\"> </span>Nei <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>cui <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ff6\">abbia <span class=\"_ _4\"></span>trasferito <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>abbia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>siglato <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>accordo <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>base <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>quale<span class=\"_ _75\"> </span></span>mantiene <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _4\"></span>dell\u2019attivit\u00e0 <span class=\"_ _4\"></span>finanziaria, <span class=\"_ _4\"></span>ma <span class=\"_ _4\"></span>assume <span class=\"_ _4\"></span>un\u2019obbligazione <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>attu<span class=\"_ _0\"></span><span class=\"ff4\">ale <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>pagare <span class=\"_ _4\"></span>i<span class=\"_ _75\"> </span></span>flussi <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>uno <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>beneficiar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span><span class=\"ff3\">pass-thr<span class=\"_ _0\"></span>ough</span>), <span class=\"_ _3\"></span>esso <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>misur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benefici <span class=\"_ _4\"></span>inerent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al<span class=\"_ _75\"> </span>possesso. <span class=\"_ _3\"></span>Nel <span class=\"_ _0\"></span>caso <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>n\u00e9 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>tratt<span class=\"_ _0\"></span>enuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>tut<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>chi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>abbia <span class=\"_ _3\"></span>perso <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollo<span class=\"_ _75\"> </span>sulla <span class=\"_ _8\"></span>stessa, <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>tinua <span class=\"_ _8\"></span>ad essere <span class=\"_ _8\"></span>rilevata <span class=\"_ _8\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>bilancio <span class=\"ff4\">del <span class=\"_ _8\"></span>Gruppo <span class=\"_ _8\"></span><span class=\"ff6\">nella <span class=\"_ _2\"></span>misura <span class=\"_ _2\"></span>del <span class=\"_ _8\"></span>suo coinvolgimento <span class=\"_ _8\"></span>residuo <span class=\"_ _2\"></span>nell\u2019att<span class=\"ff4\">ivit\u00e0 <span class=\"_ _2\"></span>stessa.<span class=\"_ _75\"> </span></span></span></span>In <span class=\"_ _0\"></span>questo <span class=\"_ _0\"></span>caso, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span><span class=\"ff6\">riconosce <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata. <span class=\"_ _0\"></span>L\u2019attivit\u00e0 <span class=\"_ _0\"></span>trasferita <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>valutate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>modo<span class=\"_ _75\"> </span></span>da riflettere i diritti e le obbligazio<span class=\"_ _0\"></span>ni che rimangon<span class=\"_ _0\"></span>o di pertinenza <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _75\"> </span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>coinvolgimen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esiduo <span class=\"_ _3\"></span>dell\u2019entit\u00e0 <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>garan<span class=\"_ _0\"></span>zia <span class=\"_ _0\"></span>sull\u2019attivit\u00e0 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>coinvolgimento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>misurato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>inore<span class=\"_ _75\"> </span></span>tra l\u2019importo dell\u2019attivit\u00e0 e l\u2019<span class=\"_ _0\"></span>importo massimo del cor<span class=\"_ _0\"></span>rispettivo ricevuto che<span class=\"_ _0\"></span> l\u2019entit\u00e0 potrebbe dover<span class=\"_ _0\"></span> ripagare.<span class=\"_ _75\"> </span>Il Gruppo<span class=\"_ _0\"></span> alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>presente b<span class=\"_ _0\"></span>ilancio <span class=\"_ _0\"></span>detiene<span class=\"_ _0\"></span> un <span class=\"_ _0\"></span>portafoglio<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>investimen<span class=\"_ _0\"></span>to che<span class=\"_ _0\"></span> include<span class=\"_ _0\"></span> strumenti <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i e <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0., <span class=\"_ _0\"></span>conferiti<span class=\"_ _75\"> </span>e gestiti per mezzo di un primario Istituto di Credito<span class=\"ls4\">, </span>valorizzati<span class=\"_ _0\"></span> al fair value tramite conto economico. Per maggiori dettag<span class=\"_ _0\"></span>li sii rimanda<span class=\"_ _75\"> </span>al paragrafo <span class=\"ls3\">3.</span>1<span class=\"_ _0\"></span><span class=\"ls3\">2 <span class=\"ff6 ls5\">\u201cA</span></span>ttivit\u00e0 finanziare correnti<span class=\"_ _0\"></span><span class=\"ff6\">\u201d</span>.<span class=\"_ _75\"> </span>ii) Passivit\u00e0 finanziarie<span class=\"_ _75\"> </span>Rilevazione e valutazione ini<span class=\"_ _0\"></span>ziale Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie sono <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificate, al <span class=\"_ _0\"></span>momento <span class=\"_ _0\"></span>della rilevazi<span class=\"_ _0\"></span>one iniziale, <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>rilevato <span class=\"_ _0\"></span>a conto<span class=\"_ _75\"> </span>economico, tra i mutui e finan<span class=\"_ _0\"></span>ziamenti, o tra i d<span class=\"_ _0\"></span>erivati designati com<span class=\"_ _0\"></span>e strumenti di copertur<span class=\"_ _0\"></span>a.  Tutte le <span class=\"_ _0\"></span>passivit\u00e0 finan<span class=\"_ _0\"></span>ziarie son<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ilevate inizialmente <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>si aggiungo<span class=\"_ _0\"></span>no, nel<span class=\"_ _0\"></span> caso <span class=\"_ _0\"></span>di mu<span class=\"_ _0\"></span>tui, finanziamen<span class=\"_ _0\"></span>ti e de<span class=\"_ _0\"></span>biti, <span class=\"_ _0\"></span>i costi<span class=\"_ _75\"> </span>di transazione ad essi direttam<span class=\"_ _0\"></span>ente attr<span class=\"_ _0\"></span>ibuibili.<span class=\"_ _75\"> </span>Le passivit\u00e0 finanziarie <span class=\"_ _0\"></span>del Grupp<span class=\"_ _0\"></span>o comprendono<span class=\"_ _0\"></span> mutui e finanziam<span class=\"_ _0\"></span>enti, e strum<span class=\"_ _0\"></span>enti finanziari deriv<span class=\"_ _0\"></span>ati.<span class=\"_ _75\"> </span>Valutazione successiva<span class=\"_ _75\"> </span>La valutazione delle pas<span class=\"_ _0\"></span>sivit\u00e0 finanziarie dipen<span class=\"_ _0\"></span>de dalla lor<span class=\"_ _0\"></span>o classificazione<span class=\"_ _0\"></span>, come di seguito descritto:<span class=\"_ _75\"> </span>Passivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato a <span class=\"_ _0\"></span>conto economico<span class=\"_ _75\"> </span>Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con variazioni <span class=\"_ _0\"></span>rilevate a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _0\"></span>detenute <span class=\"_ _0\"></span>per la <span class=\"_ _0\"></span>negoziazione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>passivit\u00e0 finanziarie r<span class=\"_ _0\"></span>ilevate inizialmente al <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> con var<span class=\"_ _0\"></span>iazioni r<span class=\"_ _0\"></span>ilevate a conto economico. Le passivit\u00e0 detenute<span class=\"_ _0\"></span> per la nego<span class=\"_ _0\"></span>ziazione sono tutte<span class=\"_ _0\"></span> quelle assunt<span class=\"_ _0\"></span>e con l\u2019intento d<span class=\"_ _0\"></span>i estinguerle o tr<span class=\"_ _0\"></span>asferirle nel breve ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span><span class=\"ff4\">ine. Questa<span class=\"_ _75\"> </span></span>categoria include inoltre gli <span class=\"_ _2\"></span>strumenti finanziari derivati sottoscritti dal<span class=\"_ _0\"></span><span class=\"ls7\">la</span> Societ\u00e0 che <span class=\"_ _2\"></span>non sono designati come strumenti di copertura in<span class=\"_ _75\"> </span>una <span class=\"_ _9\"> </span>relazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _9\"> </span>definita <span class=\"_ _9\"> </span>dallo <span class=\"_ _9\"> </span>IFRS <span class=\"_ _9\"> </span>9. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>derivati <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>ncorporati, <span class=\"_ _9\"> </span>scorporati <span class=\"_ _9\"> </span>dal <span class=\"_ _9\"> </span>contratto <span class=\"_ _9\"> </span>principale, <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>classific<span class=\"_ _3\"></span>ati <span class=\"_ _9\"> </span>come<span class=\"_ _75\"> </span>strumenti finanziari deten<span class=\"_ _0\"></span>uti per la negoziazion<span class=\"_ _0\"></span>e salvo che non sia<span class=\"_ _3\"></span>no designati come strum<span class=\"_ _0\"></span>enti di co<span class=\"_ _0\"></span>pertura efficaci.<span class=\"_ _75\"> </span>Gli utili o le perdite sulle pa<span class=\"_ _0\"></span>ssivit\u00e0 deten<span class=\"_ _0\"></span>ute per la negoziazione so<span class=\"_ _0\"></span>no rilevati nel prosp<span class=\"_ _0\"></span>etto dell\u2019utile/(per<span class=\"_ _0\"></span>dita) d\u2019eserci<span class=\"_ _0\"></span><span class=\"ff4\">zio.<span class=\"_ _75\"> </span></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>designate <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>variazioni <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>iscrizione, <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>criteri dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>sono soddisfatti<span class=\"_ _0\"></span>. Al m<span class=\"_ _0\"></span>oment<span class=\"_ _0\"></span><span class=\"ff4\">o della <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>il Gr<span class=\"_ _0\"></span>uppo non <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>designato <span class=\"_ _0\"></span>passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>con variazioni rilevate a conto e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ico.<span class=\"_ _75\"> </span>Finanziamenti e crediti<span class=\"_ _75\"> </span>Dopo la rilevazione iniz<span class=\"_ _0\"></span>iale, i fina<span class=\"_ _0\"></span>nziamenti sono va<span class=\"_ _0\"></span>lutati con il crite<span class=\"_ _0\"></span>rio del costo amm<span class=\"_ _0\"></span>ortizzato usand<span class=\"_ _0\"></span>o il metodo de<span class=\"_ _0\"></span>l tasso<span class=\"_ _3\"></span> di interesse<span class=\"_ _75\"> </span>effettivo. Gli<span class=\"_ _0\"></span> utili <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le per<span class=\"_ _0\"></span>dite son<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tabilizzati ne<span class=\"_ _0\"></span>l conto<span class=\"_ _0\"></span> econo<span class=\"_ _0\"></span>mico <span class=\"_ _0\"></span>quando la<span class=\"_ _0\"></span> passi<span class=\"_ _0\"></span>vit\u00e0 \u00e8<span class=\"_ _0\"></span> estinta, <span class=\"_ _0\"></span>oltre <span class=\"_ _0\"></span>che at<span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>averso <span class=\"_ _0\"></span>il proces<span class=\"_ _0\"></span>so di<span class=\"_ _75\"> </span>ammortamento.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>mortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevando <span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>sconto <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>emio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ull\u2019acquisizione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>onorari <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>costi <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fanno <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rte <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span><span class=\"ff4\">eg<span class=\"_ _0\"></span>rante <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span></span>tasso <span class=\"_ _6\"> </span>di  interesse <span class=\"_ _6\"> </span>effettivo. <span class=\"_ _6\"> </span>L\u2019am<span class=\"_ _0\"></span>mortamento <span class=\"_ _6\"> </span>al <span class=\"_ _6\"> </span>tasso  di <span class=\"_ _6\"> </span>interesse <span class=\"_ _6\"> </span>effettivo <span class=\"_ _6\"> </span>\u00e8 <span class=\"_ _6\"> </span>compreso <span class=\"_ _6\"> </span>tra <span class=\"_ _6\"> </span>gli  oneri <span class=\"_ _6\"> </span>finanziari <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>pr<span class=\"_ _3\"></span><span class=\"ff4\">ospetto<span class=\"_ _75\"> </span></span>dell\u2019util<span class=\"ff4 ls3\">e/<span class=\"ls0\">(perdita).<span class=\"_ _75\"> </span></span></span>Cancellazione<span class=\"_ _75\"> </span>Una <span class=\"_ _9\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _9\"> </span>viene<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>cancellata <span class=\"_ _9\"> </span>quando<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019obbliga<span class=\"_ _0\"></span>zione <span class=\"_ _7\"> </span>sottostante <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _7\"> </span>estinta, <span class=\"_ _7\"> </span>annullata <span class=\"_ _9\"> </span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _7\"> </span>adempiu<span class=\"_ _0\"></span><span class=\"ff4 ls4\">ta.<span class=\"_ _75\"> </span></span>Laddove <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziaria <span class=\"_ _0\"></span>esistente <span class=\"_ _0\"></span>fosse<span class=\"_ _0\"></span> sostitu<span class=\"_ _0\"></span>ita da<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>\u2019altra <span class=\"_ _0\"></span>dello <span class=\"_ _0\"></span>stesso <span class=\"_ _0\"></span>prestator<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condizioni <span class=\"_ _0\"></span>sostanzialment<span class=\"_ _3\"></span><span class=\"ff4 ls3\">e <span class=\"ls0\">di<span class=\"_ _0\"></span>verse,<span class=\"_ _75\"> </span></span></span>oppure le condizioni di una passivit\u00e0 esistente <span class=\"_ _2\"></span>venissero sostanzia<span class=\"_ _0\"></span>lmente modificate, tale scambio o modifica viene trattato <span class=\"_ _0\"></span>come una<span class=\"_ _75\"> </span>cancellazione <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>originale, <span class=\"_ _0\"></span>accompagnata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>isc<span class=\"_ _3\"></span>rizione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>prospetto<span class=\"_ _75\"> </span>dell\u2019utile/(perdita) d\u2019esercizio di e<span class=\"_ _0\"></span>ventuali differenze t<span class=\"_ _0\"></span>ra i valori contab<span class=\"_ _0\"></span>ili.<span class=\"_ _75\"> </span>1.4.12<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rimanenze<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _2\"></span>rimanenze sono <span class=\"_ _8\"></span>valutate al <span class=\"_ _8\"></span>minore fra <span class=\"_ _8\"></span>il costo <span class=\"_ _8\"></span>e il <span class=\"_ _8\"></span>valore di <span class=\"_ _8\"></span>presumibile netto <span class=\"_ _8\"></span>realizzo.<span class=\"_ _0\"></span> <span class=\"ls4\">Il</span> <span class=\"_ _8\"></span>criterio di <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>izzazione <span class=\"_ _2\"></span>adottato \u00e8 <span class=\"_ _8\"></span>il metodo<span class=\"_ _75\"> </span>del<span class=\"ls0\"> costo medio ponderato<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span>I costi sostenuti per portar<span class=\"_ _0\"></span>e ciascun bene ne<span class=\"_ _0\"></span>l luogo e nelle condizi<span class=\"_ _0\"></span>oni attuali sono rilevati com<span class=\"_ _0\"></span>e seg<span class=\"_ _0\"></span>ue:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Materie <span class=\"_ _2\"></span>prime: costo <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>acquisto calcolato <span class=\"_ _8\"></span>con il <span class=\"_ _8\"></span>metodo del <span class=\"_ _8\"></span>costo medio <span class=\"_ _2\"></span>ponderato<span class=\"_ _0\"></span><span class=\"ff6\">, eventualmente <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ettificato <span class=\"_ _2\"></span>qualora l\u2019ultimo<span class=\"_ _75\"> </span></span></span></span>prezzo di acquisto sia inferiore a<span class=\"_ _0\"></span>l valore di mer<span class=\"_ _0\"></span>cato della materia prima ste<span class=\"_ _0\"></span>ssa.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Prodotti finiti <span class=\"_ _2\"></span>e semilavorati: costo dirett<span class=\"_ _0\"></span>o dei materiali e <span class=\"_ _2\"></span>del lavoro pi\u00f9 una quota delle spese <span class=\"_ _2\"></span>generali di produzione, definita<span class=\"_ _75\"> </span></span></span>in base alla normale capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva, escludendo<span class=\"_ _0\"></span> gli oneri finan<span class=\"_ _0\"></span>ziari, attraverso u<span class=\"_ _0\"></span>na distinta base;<span class=\"_ _75\"> </span>Il valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>presumibile <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>realizzo \u00e8 <span class=\"_ _0\"></span>costitu<span class=\"_ _0\"></span>ito da<span class=\"_ _0\"></span>l no<span class=\"_ _0\"></span>rmale <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vendita <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>normale <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0, <span class=\"_ _4\"></span>dedotti i <span class=\"_ _0\"></span>costi<span class=\"_ _75\"> </span>stimati di completamento e i co<span class=\"_ _0\"></span>sti st<span class=\"_ _0\"></span>imati per realizzare la ven<span class=\"_ _0\"></span>dita.<span class=\"_ _75\"> </span>1.4.13<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Perdita di v<span class=\"_ _0\"></span>alore di attivit\u00e0 non<span class=\"_ _0\"></span> finanziarie<span class=\"_ _75\"> </span></span></span>Ad ogni <span class=\"_ _0\"></span>chiusura<span class=\"_ _0\"></span> di bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"ff6\">valuta <span class=\"_ _0\"></span>l\u2019eventuale<span class=\"_ _0\"></span> esistenza<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di indicator<span class=\"_ _0\"></span>i di <span class=\"_ _0\"></span>perdita<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>In ta<span class=\"_ _0\"></span>l ca<span class=\"_ _0\"></span>so, o<span class=\"_ _0\"></span> nei <span class=\"_ _0\"></span>casi<span class=\"_ _75\"> </span></span>in cui \u00e8 <span class=\"_ _2\"></span>richiesta una verifica annuale <span class=\"_ _2\"></span>sulla perdita di valore, il Grup<span class=\"_ _2\"></span>po <span class=\"ls3\">effettua una <span class=\"_ _2\"></span>stima del<span class=\"_ _2\"></span> valore r<span class=\"_ _2\"></span>ecuperabile. Il <span class=\"_ _2\"></span>valore recuperabile<span class=\"_ _75\"> </span></span>\u00e8 il <span class=\"_ _8\"></span>maggior<span class=\"_ _0\"></span>e fra <span class=\"_ _2\"></span>il <span class=\"ff3\">fair <span class=\"_ _2\"></span>value<span class=\"ff4\"> <span class=\"ff6\">dell\u2019attivit\u00e0 o <span class=\"_ _2\"></span>unit\u00e0 generatrice di <span class=\"_ _2\"></span>flussi finanziari, al <span class=\"_ _8\"></span>netto<span class=\"_ _0\"></span> dei <span class=\"_ _2\"></span>costi di <span class=\"_ _2\"></span>vendita, e il <span class=\"_ _8\"></span>suo<span class=\"_ _0\"></span> valore <span class=\"_ _2\"></span>d\u2019uso. Il <span class=\"_ _2\"></span>valore<span class=\"_ _75\"> </span></span></span></span>recuperabile <span class=\"_ _9\"> </span>viene <span class=\"_ _5\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>per <span class=\"_ _5\"></span>singola <span class=\"_ _9\"> </span>attivit\u00e0, <span class=\"_ _5\"></span>tran<span class=\"_ _0\"></span>ne <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>tale <span class=\"_ _9\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _9\"> </span>generi <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _9\"> </span>finanziari <span class=\"_ _5\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono <span class=\"_ _9\"> </span>ampiamente<span class=\"_ _75\"> </span>indipendenti <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>quelli <span class=\"_ _9\"> </span>generati <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>altre <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>grup<span class=\"_ _0\"></span>pi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>attivit\u00e0. <span class=\"_ _9\"> </span>Se <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>valore <span class=\"_ _9\"> </span>contab<span class=\"_ _0\"></span>ile <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un\u2019attivit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>super<span class=\"_ _0\"></span>iore <span class=\"_ _9\"> </span>al  <span class=\"ff4\">suo <span class=\"_ _9\"> </span>valore<span class=\"_ _75\"> </span></span>recuperabile, tale attivit\u00e0 ha subit<span class=\"_ _0\"></span>o una perdita<span class=\"_ _0\"></span> di valore ed \u00e8 <span class=\"_ _0\"></span>conseg<span class=\"_ _0\"></span>uentemente svalutata fino a <span class=\"_ _0\"></span>riportar<span class=\"_ _0\"></span>la al valore recuperabile. Nel <span class=\"_ _8\"></span><span class=\"ff6\">deter<span class=\"_ _0\"></span>minare <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>d\u2019uso, <span class=\"ff4\">il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>scont<span class=\"_ _0\"></span>a <span class=\"_ _8\"></span>al <span class=\"_ _2\"></span>valore attuale <span class=\"_ _8\"></span>i <span class=\"_ _8\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _2\"></span>stimati <span class=\"_ _8\"></span>futur<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>sando <span class=\"_ _2\"></span>un <span class=\"_ _2\"></span>tasso <span class=\"_ _8\"></span>di sconto <span class=\"_ _8\"></span>ante<span class=\"_ _0\"></span>-imposte,<span class=\"_ _75\"> </span></span></span>che riflette le valutazioni <span class=\"_ _2\"></span>di mercato del valore attuale del denaro e <span class=\"_ _2\"></span>i rischi specifici <span class=\"_ _2\"></span>dell\u2019attivit\u00e0. Nel deter<span class=\"_ _0\"></span>minare il <span class=\"ff3\">fair value<span class=\"ff4\"> al netto dei<span class=\"_ _75\"> </span></span></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>tiene <span class=\"_ _3\"></span>conto <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>transazioni <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>centi <span class=\"_ _4\"></span>intervenute <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>mercato. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>basa <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _3\"></span>test <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span><span class=\"ff3\">impair<span class=\"_ _0\"></span>ment</span> <span class=\"_ _4\"></span>su <span class=\"_ _3\"></span>budget<span class=\"_ _75\"> </span>dettagliati e <span class=\"_ _0\"></span>calcoli previsionali, <span class=\"_ _0\"></span>pred<span class=\"_ _0\"></span>isposti separatam<span class=\"_ _0\"></span>ente sull\u2019unit<span class=\"_ _0\"></span>\u00e0 gener<span class=\"_ _0\"></span>atrice di <span class=\"_ _0\"></span>flussi di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span><span class=\"ff4\">del <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>cui sono <span class=\"_ _0\"></span>allocati att<span class=\"_ _0\"></span>ivit\u00e0<span class=\"_ _75\"> </span></span>individuali. Questi bud<span class=\"_ _0\"></span>get e calcol<span class=\"_ _0\"></span>i previsionali cop<span class=\"_ _0\"></span>rono generalmen<span class=\"_ _0\"></span>te un periodo<span class=\"_ _0\"></span> di quattro a<span class=\"_ _0\"></span>nni.  <span class=\"_ _0\"></span>Per proiettare i futuri f<span class=\"_ _4\"></span>lussi di cassa<span class=\"_ _75\"> </span>oltre il quinto anno viene calc<span class=\"_ _0\"></span>olato un t<span class=\"_ _0\"></span>asso di crescita a lungo ter<span class=\"_ _0\"></span>mine (<span class=\"_ _0\"></span><span class=\"ff3\">terminal va<span class=\"_ _0\"></span>lue</span><span class=\"ls5\">).<span class=\"_ _75\"> </span></span>Le <span class=\"_ _8\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>fun<span class=\"_ _0\"></span>zionamento <span class=\"_ _2\"></span>sono <span class=\"_ _8\"></span>rilevate nel <span class=\"_ _8\"></span>prospetto <span class=\"_ _8\"></span>dell\u2019utile/(<span class=\"_ _0\"></span>perdita) <span class=\"_ _2\"></span>d\u2019esercizio <span class=\"_ _2\"></span>nelle <span class=\"_ _8\"></span>catego<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>costo <span class=\"_ _2\"></span>coerenti<span class=\"_ _75\"> </span></span>con <span class=\"_ _7\"> </span>la <span class=\"_ _9\"> </span>destinaz<span class=\"_ _0\"></span>ione <span class=\"_ _7\"> </span>dell\u2019attivit\u00e0  che <span class=\"_ _9\"> </span>ha <span class=\"_ _7\"> </span>evidenziato <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>perdita <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>valore. <span class=\"_ _7\"> </span>Fanno <span class=\"_ _7\"> </span>eccezione <span class=\"_ _7\"> </span>le <span class=\"_ _7\"> </span>immobilizzazioni<span class=\"_ _0\"></span>  <span class=\"ff4\">precedentemente<span class=\"_ _75\"> </span></span>rivalutate, laddove la rivalutazione \u00e8 stata contabilizzata<span class=\"_ _0\"></span> tra le altre componenti di conto economico complessivo. In tali c<span class=\"_ _0\"></span>asi la perdita<span class=\"_ _75\"> </span>di valore <span class=\"_ _8\"></span>\u00e8 a sua <span class=\"_ _2\"></span>volta rilevata <span class=\"_ _8\"></span>tr<span class=\"_ _0\"></span>a le <span class=\"_ _8\"></span>altre componenti conto <span class=\"_ _2\"></span>economico complessivo <span class=\"_ _2\"></span>fino a <span class=\"_ _2\"></span>concorre<span class=\"_ _0\"></span>nza della precedente <span class=\"_ _2\"></span>rivalutazione.<span class=\"_ _75\"> </span>Per le attivit\u00e0 diverse dall\u2019avviamento,<span class=\"ff4\"> a ogni chiusura di bilancio, il Gruppo </span>valuta l\u2019eventuale esistenza<span class=\"_ _0\"></span> di indicatori del <span class=\"_ _2\"></span>venir meno (o<span class=\"_ _75\"> </span>della riduzione) di perdite di va<span class=\"_ _0\"></span>lore precede<span class=\"_ _0\"></span>ntemente rilevate e, qu<span class=\"_ _0\"></span>alora tali indicatori esistano,<span class=\"_ _0\"></span> stima il valore r<span class=\"_ _0\"></span>ecuperab<span class=\"_ _3\"></span><span class=\"ff6\">ile dell\u2019attivit<span class=\"_ _0\"></span>\u00e0<span class=\"_ _75\"> </span></span>o <span class=\"_ _8\"></span>della <span class=\"_ _2\"></span>CGU. <span class=\"_ _8\"></span>Il valore <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 precedentemen<span class=\"ff4\">te <span class=\"_ _2\"></span>svalutata <span class=\"_ _8\"></span>pu\u00f2 essere <span class=\"_ _8\"></span>ripristinato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>solo <span class=\"_ _2\"></span>se <span class=\"_ _8\"></span>vi sono <span class=\"_ _8\"></span>stati <span class=\"_ _2\"></span>cambiamenti <span class=\"_ _2\"></span>delle <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>zioni<span class=\"_ _75\"> </span></span>su <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>basava <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>calcolo <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>recuperabile <span class=\"_ _3\"></span>determinato, <span class=\"_ _4\"></span>successivi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>rilevazi<span class=\"_ _0\"></span><span class=\"ff6\">on<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019ultim<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>perdita <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>ripresa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span></span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>pu<span class=\"_ _0\"></span>\u00f2 <span class=\"_ _3\"></span>eccedere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>carico <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sareb<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>det<span class=\"_ _0\"></span>erminato, <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>netto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>ammorta<span class=\"_ _0\"></span>menti, <span class=\"_ _3\"></span>nell\u2019ipotesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>n<span class=\"_ _3\"></span><span class=\"ff4\">essuna<span class=\"_ _75\"> </span></span>perdita di valore fosse <span class=\"_ _2\"></span>stata rilevata in esercizi precedenti. Tale ripresa<span class=\"_ _0\"></span> <span class=\"ff6\">\u00e8 rilevata nel <span class=\"_ _2\"></span>prospetto dell\u2019utile/(perdita<span class=\"_ _0\"></span>) d\u2019esercizio salvo che<span class=\"_ _75\"> </span></span>l\u2019immobilizzazione non sia contab<span class=\"_ _0\"></span>ilizzata a valore r<span class=\"_ _0\"></span>ivalutato, nel qu<span class=\"_ _0\"></span>al caso la ripresa \u00e8 tr<span class=\"_ _0\"></span>attata come <span class=\"_ _0\"></span>un incremento da r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span><span class=\"ff4\">lutazione.<span class=\"_ _75\"> </span></span>1.4.14<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Disponibilit<span class=\"_ _0\"></span>\u00e0 liquide e depo<span class=\"_ _0\"></span>siti a breve termine<span class=\"_ _75\"> </span></span></span>Le disponibilit\u00e0 liquide e i depositi a <span class=\"_ _2\"></span>breve termine comprendono il denaro in cassa, sia in valuta nazionale che estera, i valori bollati e<span class=\"_ _75\"> </span>le giacenze monetarie risultan<span class=\"_ _0\"></span>ti dai conti intratten<span class=\"_ _0\"></span>uti dal Gr<span class=\"_ _0\"></span>uppo con e<span class=\"_ _0\"></span>nti creditizi. Sono tutt<span class=\"_ _0\"></span>i espressi al loro va<span class=\"_ _0\"></span>lore nominale.<span class=\"_ _75\"> </span>Ai <span class=\"_ _8\"></span>fini della <span class=\"_ _8\"></span>rappr<span class=\"_ _0\"></span>esentazione nel <span class=\"_ _8\"></span>rendicon<span class=\"_ _0\"></span>to <span class=\"_ _2\"></span>finanziario, <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>disponibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _2\"></span>liquide <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>mezzi equivalenti <span class=\"_ _8\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>rappresentati da<span class=\"_ _0\"></span>lle <span class=\"_ _2\"></span>disponibilit\u00e0<span class=\"_ _75\"> </span>liquide come definite sopra.<span class=\"_ _75\"> </span>1.4.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Azioni Propr<span class=\"_ _0\"></span>ie<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _7\"> </span>azioni <span class=\"_ _7\"> </span>proprie<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>riacquistate  sono  rilevate <span class=\"_ _9\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>costo  e <span class=\"_ _9\"> </span>po<span class=\"_ _0\"></span>rtate  in <span class=\"_ _9\"> </span>diminuzion<span class=\"_ _0\"></span>e  del <span class=\"_ _9\"> </span>patrimonio<span class=\"_ _0\"></span>  netto.<span class=\"_ _0\"></span>  <span class=\"ff6\">L\u2019acquisto, <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>vendita  o <span class=\"_ _7\"> </span>la<span class=\"_ _75\"> </span></span>cancellazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>azioni <span class=\"_ _2\"></span>proprie non <span class=\"_ _2\"></span>danno <span class=\"_ _2\"></span>origine a <span class=\"_ _8\"></span>nessun profitto <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>perdita nel <span class=\"_ _8\"></span>conto economico. <span class=\"_ _8\"></span> L<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>differenza tra <span class=\"_ _8\"></span>il valore di <span class=\"_ _8\"></span>acquisto<span class=\"_ _75\"> </span>e il corrispettivo, in caso d<span class=\"_ _0\"></span>i riemissione, \u00e8 r<span class=\"_ _0\"></span>ilevata nella riserva so<span class=\"_ _0\"></span>vraprezzo azioni.<span class=\"_ _75\"> </span>1.4.16<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Fondi r<span class=\"_ _0\"></span>ischi<span class=\"_ _75\"> </span></span></span>Gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>fondi <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rischi <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>oneri <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>effettuati <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span><span class=\"ff6\">deve <span class=\"_ _4\"></span>far <span class=\"_ _4\"></span>fronte <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>un\u2019obbligazione <span class=\"_ _4\"></span>attuale <span class=\"_ _4\"></span>(legale <span class=\"_ _4\"></span>o<span class=\"_ _75\"> </span></span>implicita) risultante da<span class=\"_ _0\"></span> un evento pa<span class=\"_ _0\"></span>ssato, \u00e8 probabile un e<span class=\"_ _0\"></span>sborso <span class=\"_ _0\"></span>di risorse per far fr<span class=\"_ _0\"></span>onte a tale obbl<span class=\"_ _0\"></span>igazione ed \u00e8 possibi<span class=\"_ _3\"></span>le effettuar<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>una <span class=\"_ _0\"></span>stima <span class=\"_ _3\"></span>affidabile <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>suo <span class=\"_ _0\"></span>ammontare. <span class=\"_ _3\"></span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ritiene <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>accantonamento <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>oneri <span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span>tutto <span class=\"_ _4\"></span>rimborsato, <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>esempio <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>caso <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>rischi <span class=\"_ _4\"></span>coperti <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>poliz<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>assicurative, <span class=\"_ _4\"></span>l\u2019indenni<span class=\"_ _0\"></span>zzo <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>rilevato <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>modo <span class=\"_ _4\"></span>distinto <span class=\"_ _4\"></span>e <span class=\"_ _9\"> </span><span class=\"ff4\">separato<span class=\"_ _75\"> </span></span>nell\u2019attivo se, e solo se, esso <span class=\"_ _2\"></span>risul<span class=\"_ _0\"></span>ta pratica<span class=\"ff4\">mente c</span>erto. In tal caso, il costo dell\u2019eventuale accantonam<span class=\"_ _0\"></span>ento \u00e8 presentato nel prospetto<span class=\"_ _75\"> </span>dell\u2019utile/(perdita) d\u2019esercizio al n<span class=\"_ _0\"></span>etto dell\u2019ammon<span class=\"_ _0\"></span>tare rilevato per l\u2019i<span class=\"_ _0\"></span>ndennizzo.<span class=\"_ _75\"> </span>Se <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>naro <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>tempo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>significativo, <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>attualizzati <span class=\"_ _4\"></span>utilizzando <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sc<span class=\"_ _0\"></span><span class=\"ff4\">onto <span class=\"_ _4\"></span>ante<span class=\"_ _75\"> </span></span>imposte <span class=\"_ _10\"> </span>che <span class=\"_ _1c\"> </span>riflette,<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>ove<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>adeg<span class=\"_ _0\"></span>uato, <span class=\"_ _1c\"> </span>i <span class=\"_ _10\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>specifici <span class=\"_ _1c\"> </span>delle <span class=\"_ _1c\"> </span>passivit\u00e0. <span class=\"_ _39\"> </span>Quando <span class=\"_ _10\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _1c\"> </span>viene <span class=\"_ _10\"> </span>attua<span class=\"_ _0\"></span>lizzata, <span class=\"_ _1c\"> </span>l\u2019increme<span class=\"_ _3\"></span><span class=\"ff4 ls3\">nto<span class=\"_ _75\"> </span></span>dell\u2019accantonamento dovuto al t<span class=\"_ _0\"></span>rascorrer<span class=\"_ _0\"></span>e del tempo \u00e8 rilevato com<span class=\"_ _0\"></span>e onere finanziario. 1.4.17<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Passivit\u00e0 per<span class=\"_ _0\"></span> benefici a dip<span class=\"_ _0\"></span>endenti<span class=\"_ _75\"> </span></span></span>Il costo dei benefici previsti ai sen<span class=\"_ _0\"></span>si del piano a benefici definiti \u00e8 d<span class=\"_ _0\"></span>eterminato usan<span class=\"_ _0\"></span>do il metodo attuariale della p<span class=\"_ _0\"></span>roiezi<span class=\"_ _0\"></span>one unitar<span class=\"_ _0\"></span>ia del<span class=\"_ _75\"> </span>credito.<span class=\"_ _75\"> </span>  Le rivalutazioni, che <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli utili e le p<span class=\"_ _0\"></span>erdite attua<span class=\"_ _0\"></span>riali, le <span class=\"_ _0\"></span>variazioni nell\u2019effetto de<span class=\"_ _0\"></span>l massima<span class=\"_ _0\"></span>le delle attivit\u00e0,<span class=\"_ _3\"></span><span class=\"ff4\"> esclusi<span class=\"_ _0\"></span> gli importi<span class=\"_ _75\"> </span></span>compresi <span class=\"_ _4\"></span>negli <span class=\"_ _3\"></span>interessi <span class=\"_ _4\"></span>netti <span class=\"_ _3\"></span>sull<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _3\"></span>netta <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>benefi<span class=\"_ _0\"></span>ci <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>initi <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>rendimento <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vizio <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>piano <span class=\"_ _4\"></span>(esclusi <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li<span class=\"_ _75\"> </span>importi <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>presi <span class=\"_ _5\"></span>negli <span class=\"_ _9\"> </span>interessi <span class=\"_ _9\"> </span>netti <span class=\"_ _5\"></span>sulla <span class=\"_ _5\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>netta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>per <span class=\"_ _9\"> </span>benefici <span class=\"_ _5\"></span>definiti), <span class=\"_ _9\"> </span>sono <span class=\"_ _5\"></span>rilevate <span class=\"_ _9\"> </span>immediatamente <span class=\"_ _9\"> </span>nel <span class=\"_ _5\"></span>prospet<span class=\"_ _3\"></span>to <span class=\"_ _9\"> </span>della<span class=\"_ _75\"> </span>situazione  patrimoniale-finanziar<span class=\"_ _0\"></span>ia  addebitando  o <span class=\"_ _7\"> </span>accreditando<span class=\"_ _0\"></span>  gli <span class=\"_ _7\"> </span>utili  portati  a <span class=\"_ _7\"> </span>nuovo  at<span class=\"_ _0\"></span>traverso  le <span class=\"_ _7\"> </span>altre  componenti  di  conto<span class=\"_ _75\"> </span>economico complessivo n<span class=\"_ _0\"></span>ell\u2019esercizio in cui s<span class=\"_ _0\"></span>i manifestano. Le rivalutazioni non sono ricla<span class=\"_ _0\"></span>ssificate a conto <span class=\"_ _0\"></span>economico negli ese<span class=\"_ _0\"></span>rcizi successivi.  Il costo relativo alle prestaz<span class=\"_ _0\"></span>ioni di lavoro p<span class=\"_ _0\"></span>assate \u00e8 rilevato a conto <span class=\"_ _0\"></span>economico alla data pi\u00f9 r<span class=\"_ _0\"></span>emota tra le<span class=\"_ _0\"></span> seguenti: -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la data in cui si verifica una mod<span class=\"_ _0\"></span>ifica o la riduzione del p<span class=\"_ _0\"></span>iano; e </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la <span class=\"_ _8\"></span>data in <span class=\"_ _2\"></span>cui la <span class=\"_ _8\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rileva <span class=\"_ _2\"></span>i costi <span class=\"_ _8\"></span>di ristrutturazione correlati <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>benefici dovuti <span class=\"_ _2\"></span>ai <span class=\"_ _2\"></span>dipendenti per <span class=\"_ _2\"></span>la cessazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>rapporto<span class=\"_ _75\"> </span></span></span>di lavoro.<span class=\"_ _75\"> </span>Gli <span class=\"_ _0\"></span>interessi <span class=\"_ _3\"></span>netti <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>/<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tta <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nefici <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finiti <span class=\"_ _3\"></span>devono <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>determinati <span class=\"_ _3\"></span>moltiplicando <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>passivit<span class=\"_ _3\"></span>\u00e0 <span class=\"_ _0\"></span>/at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span><span class=\"ls3\">netta<span class=\"_ _75\"> </span></span>per <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sconto. <span class=\"_ _3\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span><span class=\"ff6\">r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>seguenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>variazioni <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019obbligazione <span class=\"_ _4\"></span>netta <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>definiti <span class=\"_ _4\"></span>nel <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>duto, <span class=\"_ _3\"></span>nelle<span class=\"_ _75\"> </span></span>spese amministrative e nei co<span class=\"_ _0\"></span>sti di vendita e <span class=\"_ _0\"></span>distribuzione nel con<span class=\"_ _0\"></span>to economico (<span class=\"_ _0\"></span>per natura): -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Costi per prestazioni di lavoro, comprensivi di costi per prestazioni di lavoro correnti<span class=\"_ _0\"></span> e passate, utili e perdite su riduzi<span class=\"_ _0\"></span>oni ed<span class=\"_ _75\"> </span></span></span>estinzioni non di routine; -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Interessi attivi o passivi netti<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span></span>Nuovi princip<span class=\"_ _0\"></span>i contabili, interpretazioni e m<span class=\"_ _0\"></span>odifiche adottati d<span class=\"_ _0\"></span>alla Societ\u00e0<span class=\"_ _75\"> </span>Il Gruppo ha applicato per la <span class=\"_ _2\"></span>prima volta alcuni principi o modifiche che sono in vigore dal 1\u00b0 gennaio<span class=\"_ _0\"></span> <span class=\"ls3\">202</span>5. Il <span class=\"_ _2\"></span>Gruppo non ha adottato<span class=\"_ _75\"> </span>anticipatamente alcun nuovo pr<span class=\"_ _0\"></span>incipio, interpr<span class=\"_ _0\"></span>etazione o modifica e<span class=\"_ _0\"></span>messi ma non ancor<span class=\"_ _0\"></span>a in vigore. Lack of exch<span class=\"_ _0\"></span>angeability <span class=\"_ _0\"></span><span class=\"ff19\">\u2013</span> Amendments to IAS 21 Le modifiche allo I<span class=\"_ _0\"></span>AS 21 <span class=\"ff3\">Effetti d<span class=\"_ _0\"></span>elle variazioni dei<span class=\"_ _0\"></span> cambi delle val<span class=\"_ _0\"></span>ute estere<span class=\"_ _0\"></span></span> specificano come<span class=\"_ _0\"></span> un'entit\u00e0<span class=\"_ _0\"></span> dovrebbe<span class=\"_ _0\"></span> considerare se un<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span>valuta <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>convertibile <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>deve <span class=\"_ _0\"></span>determ<span class=\"_ _0\"></span>inare <span class=\"_ _0\"></span><span class=\"ls7\">il</span> <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pronti <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>convertibilit\u00e0 <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>assente. <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>modifiche <span class=\"_ _0\"></span>richiedono<span class=\"_ _75\"> </span>anche <span class=\"_ _4\"></span>l'indicazione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>informazioni <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>consentano <span class=\"_ _5\"></span>agli <span class=\"_ _4\"></span>utilizzator<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>comprende<span class=\"_ _0\"></span>re <span class=\"_ _4\"></span>come <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>valuta <span class=\"_ _5\"></span>non <span class=\"_ _9\"> </span>convertibile <span class=\"_ _5\"></span>in<span class=\"_ _75\"> </span>un'altra <span class=\"_ _4\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>influi<span class=\"_ _0\"></span>sca, <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>pre<span class=\"_ _0\"></span>vede <span class=\"_ _4\"></span>che <span class=\"_ _5\"></span>influi<span class=\"_ _0\"></span>sca, <span class=\"_ _4\"></span>sul<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>risultato <span class=\"_ _5\"> </span>econo<span class=\"_ _0\"></span>mico, <span class=\"_ _4\"></span>sulla<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>situazione <span class=\"_ _5\"></span>pa<span class=\"_ _0\"></span>trimoniale <span class=\"_ _4\"></span>e<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>finanziaria <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>sui <span class=\"_ _4\"></span>flu<span class=\"_ _0\"></span>ssi<span class=\"_ _75\"> </span>finanziari dell'entit\u00e0.<span class=\"_ _75\"> </span>Tali modifiche non hanno a<span class=\"_ _0\"></span>vuto impatti sul bilancio d<span class=\"_ _0\"></span>el Gruppo.<span class=\"_ _75\"> </span>Principi eman<span class=\"_ _0\"></span>ati ma non ancora in vigo<span class=\"_ _0\"></span>re<span class=\"_ _75\"> </span>Si riporta nel proseguo gli altr<span class=\"_ _0\"></span>i principi, interpr<span class=\"_ _0\"></span>etazioni o modifiche <span class=\"_ _0\"></span>omologati o non omologati e<span class=\"_ _0\"></span> non ancor<span class=\"_ _0\"></span>a entrati in vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e alla data di<span class=\"_ _75\"> </span>predisposizione del presente<span class=\"_ _0\"></span> bilancio.<span class=\"_ _75\"> </span>IFRS 18 Presentatio<span class=\"_ _0\"></span>n and Disclosure in<span class=\"_ _0\"></span> Financial Statements Ad Aprile 2024, <span class=\"_ _0\"></span>lo IASB ha<span class=\"_ _0\"></span> emesso l\u2019IFR<span class=\"_ _0\"></span>S 18, che sost<span class=\"_ _0\"></span>ituisce lo I<span class=\"_ _0\"></span>AS 1 <span class=\"_ _0\"></span><span class=\"ff4\">Presentazione<span class=\"_ _0\"></span> del bi<span class=\"_ _0\"></span>lancio. </span>L\u2019<span class=\"_ _0\"></span>IFRS 18 intr<span class=\"_ _0\"></span>oduce nuovi req<span class=\"_ _0\"></span>uisiti<span class=\"_ _75\"> </span>per la presentazione del pr<span class=\"_ _0\"></span>ospetto di cont<span class=\"_ _0\"></span>o economico, inclu<span class=\"_ _0\"></span>si specifici total<span class=\"_ _0\"></span>i e subtotal<span class=\"_ _0\"></span>i. Ulteriormente,<span class=\"_ _0\"></span> le entit\u00e0 dovrann<span class=\"_ _3\"></span>o classifi<span class=\"_ _0\"></span>care<span class=\"_ _75\"> </span>tutti <span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>costi <span class=\"_ _2\"></span>ed <span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>ricavi <span class=\"_ _2\"></span>all\u2019interno del <span class=\"_ _8\"></span>prospetto <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>conto economico <span class=\"_ _8\"></span>all\u2019inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span><span class=\"ff4\">no <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>quattro <span class=\"_ _2\"></span>categorie: <span class=\"_ _2\"></span>operat<span class=\"_ _0\"></span>iva, <span class=\"_ _8\"></span>investimento,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>finanziamento,<span class=\"_ _75\"> </span></span>imposte sul reddito ed attivit\u00e0 ope<span class=\"_ _0\"></span>rative cessate, do<span class=\"_ _0\"></span>ve le prime tre c<span class=\"_ _0\"></span>ategorie sono nuove.<span class=\"_ _75\"> </span>Il <span class=\"_ _2\"></span>principio <span class=\"_ _2\"></span>richiede <span class=\"_ _2\"></span>inoltre di <span class=\"_ _8\"></span>dar<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>informativa sulla <span class=\"_ _8\"></span>base della <span class=\"_ _2\"></span>nuova definizione <span class=\"_ _8\"></span>degli indicatori <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>performan<span class=\"_ _0\"></span>ce <span class=\"_ _2\"></span>definiti<span class=\"_ _0\"></span> dal <span class=\"_ _8\"></span>management<span class=\"_ _75\"> </span>(management<span class=\"_ _0\"></span>-<span class=\"ff6\">defined <span class=\"_ _3\"></span>perfor<span class=\"_ _0\"></span>mance <span class=\"_ _3\"></span>measures <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>MPMs)), <span class=\"_ _3\"></span>subotali <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>ricavi, <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>uove <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>isposizioni <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019ag<span class=\"_ _0\"></span></span>gr<span class=\"_ _0\"></span>egazione <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span>disaggregazione <span class=\"_ _9\"> </span>delle <span class=\"_ _9\"> </span>informazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>fina<span class=\"_ _0\"></span>nziare <span class=\"_ _9\"> </span>sulla <span class=\"_ _9\"> </span>base <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>ruoli <span class=\"_ _5\"> </span>iden<span class=\"_ _0\"></span>tificati <span class=\"_ _9\"> </span>dei <span class=\"_ _9\"> </span>prospetti <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>bila<span class=\"_ _0\"></span>ncio <span class=\"_ _9\"> </span>\u201cprimari\u201d <span class=\"_ _9\"> </span>(Primary  <span class=\"ff4\">Financial<span class=\"_ _75\"> </span></span>Statements <span class=\"ff6\">\u2013</span> PF<span class=\"_ _0\"></span>S) e delle note.<span class=\"_ _75\"> </span>Inoltre, <span class=\"_ _0\"></span>modifiche <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>introdotte <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>7 <span class=\"_ _3\"></span>Rendiconto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ziario, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>includ<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>cambiame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>partenza <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la<span class=\"_ _75\"> </span>determinazione dei <span class=\"_ _8\"></span>flussi di <span class=\"_ _8\"></span>ca<span class=\"_ _0\"></span>ssa della <span class=\"_ _8\"></span>gestione operativa <span class=\"_ _2\"></span>sulla base <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>metodo <span class=\"_ _2\"></span>indiretto; dall\u2019utile <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> perdita <span class=\"_ _8\"></span>all\u2019utile o<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>perdita operativi<span class=\"_ _75\"> </span></span>e <span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>rimozione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>facolt\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>classificazione <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>dividendi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>interessi. <span class=\"_ _3\"></span>Ulte<span class=\"_ _0\"></span>riormente, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>apportate<span class=\"_ _75\"> </span>modifiche consequenzial<span class=\"_ _0\"></span>i a molteplici altri pr<span class=\"_ _0\"></span>incipi contabili.<span class=\"_ _75\"> </span>L\u2019IFRS <span class=\"_ _0\"></span>18, <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modifiche<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>agli <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>principi, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>effetti<span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sercizi <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>incominc<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ccessivamen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>1\u00b0 <span class=\"_ _0\"></span>ge<span class=\"_ _4\"></span><span class=\"ff4\">nnaio <span class=\"_ _0\"></span>2027,<span class=\"_ _75\"> </span></span>ma <span class=\"_ _2\"></span>l\u2019applicazione <span class=\"_ _2\"></span>anticipata \u00e8 <span class=\"_ _8\"></span>permessa salvo <span class=\"_ _8\"></span>darne<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>informativa. <span class=\"_ _2\"></span>L\u2019IFRS <span class=\"_ _2\"></span>18 <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>applicher\u00e0 retrospetticamente.<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>Il <span class=\"_ _2\"></span>Gruppo sta <span class=\"_ _8\"></span>al <span class=\"_ _2\"></span>momento<span class=\"_ _75\"> </span></span>lavorando per identificar<span class=\"_ _0\"></span>e gli impatti che le m<span class=\"_ _0\"></span>odifiche avranno sui pr<span class=\"_ _0\"></span>opri prospetti di bilan<span class=\"_ _0\"></span>cio e sulle n<span class=\"_ _0\"></span>ote al bilancio.<span class=\"_ _75\"> </span>IFRS 19 Subsidiaries<span class=\"_ _0\"></span> without Public<span class=\"_ _0\"></span> Accountability: Disclo<span class=\"_ _0\"></span>sures<span class=\"_ _75\"> </span>A <span class=\"_ _4\"></span><span class=\"ff6 ls0\">Maggio <span class=\"_ _4\"></span>20<span class=\"_ _0\"></span>24, <span class=\"_ _4\"></span>lo <span class=\"_ _4\"></span>IASB <span class=\"_ _4\"></span>ha <span class=\"_ _4\"></span>em<span class=\"_ _0\"></span>anato <span class=\"_ _4\"></span>l\u2019IFRS <span class=\"_ _4\"></span>19, <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>per<span class=\"_ _0\"></span>mette <span class=\"_ _4\"></span>alle <span class=\"_ _5\"></span>entit\u00e0 <span class=\"_ _4\"></span>eligibili <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>optare <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>una <span class=\"_ _5\"></span>riduzione <span class=\"_ _4\"></span>dei <span class=\"_ _4\"></span>prop<span class=\"_ _0\"></span>ri <span class=\"_ _4\"></span>requisit<span class=\"_ _3\"></span><span class=\"ff4\">i <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span></span></span>informativa <span class=\"_ _3\"></span>pur <span class=\"_ _4\"></span>continuando <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>disposizioni <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>rilevazione, <span class=\"_ _3\"></span>misur<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>prese<span class=\"_ _0\"></span>ntazione <span class=\"_ _3\"></span>negli <span class=\"_ _3\"></span>altri <span class=\"_ _4\"></span>IFRS <span class=\"_ _0\"></span>acc<span class=\"_ _3\"></span>ounting<span class=\"_ _75\"> </span>standards. Per <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>eleggib<span class=\"_ _0\"></span>ile, alla <span class=\"_ _0\"></span>fine de<span class=\"_ _0\"></span>ll\u2019esercizio, <span class=\"_ _0\"></span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 deve<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>controllata<span class=\"_ _0\"></span> cos\u00ec <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>e definito <span class=\"_ _0\"></span>all\u2019inte<span class=\"_ _3\"></span>rno <span class=\"_ _0\"></span>dell\u2019IFRS<span class=\"_ _75\"> </span>19, non pu\u00f2 avere una \u201cpublic accountability\u201d e deve avere una controllante (ultima od intermedia) che<span class=\"_ _0\"></span> prepara<span class=\"_ _0\"></span><span class=\"ff4\"> il bilancio consolidato,<span class=\"_ _75\"> </span></span>disponibile al pubblico, pr<span class=\"_ _0\"></span>edisposto in accordo<span class=\"_ _0\"></span> agli IFRS accounting<span class=\"_ _0\"></span> standards.<span class=\"_ _75\"> </span>L'IFRS <span class=\"_ _9\"> </span>19<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>diven<span class=\"_ _0\"></span>ter\u00e0 <span class=\"_ _7\"> </span>effettivo <span class=\"_ _7\"> </span>per <span class=\"_ _9\"> </span>gli  esercizi <span class=\"_ _9\"> </span>che <span class=\"_ _7\"> </span>incominciano <span class=\"_ _7\"> </span>al <span class=\"_ _7\"> </span>o <span class=\"_ _9\"> </span>successivam<span class=\"_ _0\"></span>ente <span class=\"_ _7\"> </span>il <span class=\"_ _9\"> </span>1\u00b0 <span class=\"_ _7\"> </span>Genna<span class=\"_ _0\"></span>io <span class=\"_ _9\"> </span>20<span class=\"_ _0\"></span>27, <span class=\"_ _7\"> </span>con <span class=\"_ _9\"> </span>la <span class=\"_ _7\"> </span>possibilit\u00e0 <span class=\"_ _7\"> </span>d<span class=\"_ _0\"></span><span class=\"lsc\">i<span class=\"_ _75\"> </span></span>applicazione anticipata.<span class=\"_ _75\"> </span>Amendment<span class=\"_ _0\"></span>s to the Classification an<span class=\"_ _0\"></span>d Measurement<span class=\"_ _0\"></span> of Financial Instruments<span class=\"_ _3\"></span><span class=\"ffd\">\u2014</span>Amendments to IFRS 9 an<span class=\"_ _0\"></span>d IFRS 7<span class=\"_ _75\"> </span>A <span class=\"_ _9\"> </span>maggio  2024, <span class=\"_ _9\"> </span>lo <span class=\"_ _7\"> </span>IASB <span class=\"_ _9\"> </span>ha <span class=\"_ _7\"> </span>emanato <span class=\"_ _7\"> </span>le <span class=\"_ _7\"> </span>modifiche <span class=\"_ _7\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>9 <span class=\"_ _7\"> </span>e <span class=\"_ _7\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>7,  denominate  <span class=\"ff4\">A<span class=\"_ _2\"></span>mendments <span class=\"_ _7\"> </span>to <span class=\"_ _7\"> </span>the <span class=\"_ _7\"> </span>Classification <span class=\"_ _9\"> </span>an<span class=\"_ _0\"></span>d<span class=\"_ _75\"> </span></span>Measurement of F<span class=\"_ _0\"></span>inancial Instruments (le \u201c<span class=\"_ _0\"></span>Modifiche\u201d). <span class=\"_ _0\"></span><span class=\"ff4\">Le Modifiche compr<span class=\"_ _0\"></span>endono:<span class=\"_ _75\"> </span></span>\u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">un chiarimento secondo cu<span class=\"_ _0\"></span>i una passivit\u00e0 finanzi<span class=\"_ _0\"></span>aria \u00e8 cancellata al<span class=\"_ _0\"></span>la \u201cdata di regolam<span class=\"_ _0\"></span>ento\u201d e l\u2019introduzione di un<span class=\"_ _0\"></span>a scelta d<span class=\"_ _0\"></span><span class=\"ff4 ls7\">i<span class=\"_ _75\"> </span></span></span></span>politica contabile (se sodd<span class=\"_ _0\"></span>isfatte condizioni specif<span class=\"_ _0\"></span>iche) per cancella<span class=\"_ _0\"></span>re passivit\u00e0 finanziarie r<span class=\"_ _0\"></span>egolate tr<span class=\"_ _0\"></span>amite sistemi di<span class=\"_ _75\"> </span>pagamento elettron<span class=\"_ _0\"></span>ici prima della data <span class=\"_ _0\"></span>di regolamento;<span class=\"_ _75\"> </span>\u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">indicazioni aggiuntive su com<span class=\"_ _0\"></span>e valutare i flussi di cas<span class=\"_ _0\"></span>sa contrattuali <span class=\"_ _0\"></span>per attivit\u00e0 finanziarie con<span class=\"_ _0\"></span> caratteristiche a<span class=\"_ _0\"></span>mbiental<span class=\"_ _0\"></span>i,<span class=\"_ _75\"> </span></span></span>sociali e di governance (<span class=\"_ _0\"></span>ESG) o simili;<span class=\"_ _75\"> </span>\u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">chiarimenti su quali siano <span class=\"_ _0\"></span>le caratter<span class=\"_ _0\"></span>istiche di uno strumento \u201c<span class=\"_ _0\"></span>non recourse\u201d (<span class=\"_ _0\"></span>non<span class=\"_ _0\"></span><span class=\"ff4\">-recourse featur<span class=\"_ _0\"></span>e) e quali sono le<span class=\"_ _75\"> </span></span></span></span>caratteristiche degli strum<span class=\"_ _0\"></span>enti contrattua<span class=\"_ _0\"></span>lmente collegati;<span class=\"_ _75\"> </span>\u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019introduzione di obblighi d<span class=\"_ _0\"></span>i informativa <span class=\"_ _0\"></span>per strumenti finanziar<span class=\"_ _0\"></span>i con caratter<span class=\"_ _0\"></span>istiche contingenti e ulteri<span class=\"_ _0\"></span>ori requisiti di<span class=\"_ _75\"> </span></span></span>disclosure per strumen<span class=\"_ _0\"></span>ti patrimoniali classificati al fair<span class=\"_ _0\"></span> value con im<span class=\"_ _0\"></span>putazione nel conto econo<span class=\"_ _0\"></span>mico c<span class=\"_ _0\"></span>omplessivo (OCI).<span class=\"_ _75\"> </span>Le <span class=\"_ _0\"></span>Modifiche <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>efficaci <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>periodi an<span class=\"_ _0\"></span>nuali <span class=\"_ _0\"></span>che iniziano<span class=\"_ _0\"></span> il <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dopo <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _0\"></span>2026, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>adozione <span class=\"_ _0\"></span>anticipata <span class=\"_ _0\"></span>consentit<span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>per<span class=\"_ _75\"> </span>la classificazione delle atti<span class=\"_ _0\"></span>vit\u00e0 finanziarie e<span class=\"_ _0\"></span> relativa informativa.<span class=\"_ _75\"> </span>Il Gruppo non prevede<span class=\"_ _0\"></span> che le modifiche abbiano un ef<span class=\"_ _0\"></span>fetto signific<span class=\"_ _0\"></span>ativo sul bilancio consolidato.  Annual Improvem<span class=\"_ _0\"></span>ents to IFRS Account<span class=\"_ _0\"></span>ing Standards <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> Volume 11<span class=\"_ _75\"> </span>A <span class=\"_ _8\"></span>luglio 2024, <span class=\"_ _2\"></span>lo <span class=\"_ _8\"></span>IA<span class=\"_ _0\"></span>SB <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>emanato nove <span class=\"_ _8\"></span>mod<span class=\"_ _0\"></span>ifiche <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>portata <span class=\"_ _2\"></span>limitata nell\u2019ambito <span class=\"_ _8\"></span>della manutenzione <span class=\"_ _8\"></span>p<span class=\"_ _0\"></span>eriodica degli <span class=\"_ _8\"></span>IFRS. Le <span class=\"_ _2\"></span><span class=\"ff4\">modifiche<span class=\"_ _75\"> </span></span>comprendono <span class=\"_ _0\"></span>chiarimenti, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>plificazioni, <span class=\"_ _0\"></span>correzioni <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cambiamen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>volti <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>migliorare <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>coerenza <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>principi: <span class=\"_ _4\"></span>IFRS 1 <span class=\"_ _0\"></span>First<span class=\"_ _0\"></span>-<span class=\"_ _75\"> </span>time <span class=\"_ _3\"></span>Adoption<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>of <span class=\"_ _4\"></span>International<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>inancial <span class=\"_ _4\"></span>Reporting <span class=\"_ _4\"></span>Standards, <span class=\"_ _4\"></span>IFRS <span class=\"_ _3\"></span>7<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Finan<span class=\"_ _0\"></span>cial <span class=\"_ _4\"></span>Instruments: <span class=\"_ _4\"></span>Disclosures <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>relativa <span class=\"_ _4\"></span>Guidanc<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>on<span class=\"_ _75\"> </span>implementing IFRS 7, IFR<span class=\"_ _0\"></span>S 9 Financial Instrum<span class=\"_ _0\"></span>ents, IFRS 10 Cons<span class=\"_ _0\"></span>olidated Financial Stat<span class=\"_ _0\"></span>ements e I<span class=\"_ _0\"></span>AS 7 Statement of<span class=\"_ _3\"></span> Cash Flows.<span class=\"_ _75\"> </span>Le modifiche avranno efficacia per i periodi <span class=\"_ _2\"></span>amministrativi che iniziano il o dopo <span class=\"_ _2\"></span>il 1\u00b0 gennaio 2026. <span class=\"_ _2\"></span>\u00c8 consentita l\u2019adozion<span class=\"_ _0\"></span><span class=\"ff4\">e anticipata,<span class=\"_ _75\"> </span></span>di cui deve essere data adeg<span class=\"_ _0\"></span>uata informativa.<span class=\"_ _75\"> </span>Non si prevede che tali modif<span class=\"_ _0\"></span>iche abbian<span class=\"_ _0\"></span>o un impatto significat<span class=\"_ _0\"></span>ivo sul bilancio con<span class=\"_ _0\"></span>solidato del Grupp<span class=\"_ _0\"></span>o.<span class=\"_ _75\"> </span>Contracts Referencing Nature<span class=\"_ _0\"></span>-de<span class=\"_ _0\"></span>pendent Electricity <span class=\"ff6\">\u2013</span> <span class=\"_ _0\"></span>Amendments to<span class=\"_ _0\"></span> IFRS 9 and IFRS 7<span class=\"_ _75\"> </span>Nel dicembre <span class=\"_ _0\"></span>2024, <span class=\"_ _0\"></span>lo IASB ha <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>anato delle <span class=\"_ _0\"></span>modifiche all\u2019IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>all\u2019IFRS 7, <span class=\"_ _0\"></span>Contracts <span class=\"_ _0\"></span>Referencing <span class=\"_ _0\"></span>Nature<span class=\"_ _3\"></span><span class=\"ff4\">-<span class=\"ls3\">dependent Electricity.<span class=\"_ _75\"> </span></span></span>Le modifiche si applicano e<span class=\"_ _0\"></span>sclusivamente ai con<span class=\"_ _0\"></span>tratti che fanno rif<span class=\"_ _0\"></span>erimento a tale tipologia <span class=\"_ _0\"></span>di elettricit\u00e0 e:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">chiariscono l\u2019applicazione dei r<span class=\"_ _0\"></span>equisiti di own<span class=\"_ _0\"></span><span class=\"ff4\">-</span>use per i contratt<span class=\"_ _0\"></span>i rientranti ne<span class=\"_ _0\"></span>ll\u2019ambito di applicazione<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">modificano i <span class=\"_ _0\"></span>requisiti di <span class=\"_ _0\"></span>designazione <span class=\"_ _0\"></span>di un<span class=\"_ _0\"></span> elemento <span class=\"_ _0\"></span>coperto <span class=\"_ _0\"></span>in una r<span class=\"_ _0\"></span>elazione di <span class=\"_ _0\"></span>copertura <span class=\"_ _0\"></span>dei flussi <span class=\"_ _0\"></span>finanziari per <span class=\"_ _0\"></span>i contr<span class=\"_ _3\"></span>atti<span class=\"_ _75\"> </span></span></span>in oggetto;<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">introducono <span class=\"_ _7\"> </span>nuovi <span class=\"_ _7\"> </span>obblighi <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>informativa <span class=\"_ _7\"> </span>per <span class=\"_ _7\"> </span>consentire <span class=\"_ _7\"> </span>agli <span class=\"_ _7\"> </span>investitor<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>comprende<span class=\"_ _0\"></span>re <span class=\"_ _7\"> </span>gli <span class=\"_ _9\"> </span>effett<span class=\"_ _0\"></span>i <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>tali  contratti <span class=\"_ _9\"> </span>sull<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>performance finanziar<span class=\"_ _0\"></span>ia e sui flussi di cassa di una <span class=\"_ _0\"></span>societ\u00e0.<span class=\"_ _75\"> </span>Le <span class=\"_ _0\"></span>modifiche <span class=\"_ _3\"></span>avranno <span class=\"_ _0\"></span>efficacia <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>gli <span class=\"_ _3\"></span>esercizi <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>iniziano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dopo <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _3\"></span>2026. <span class=\"_ _0\"></span>\u00c8 <span class=\"_ _3\"></span>consentita <span class=\"_ _0\"></span>l\u2019adozione <span class=\"_ _3\"></span>anticipata<span class=\"_ _3\"></span><span class=\"ff4\">, <span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>deve<span class=\"_ _75\"> </span></span>essere data adeguata <span class=\"_ _0\"></span>informativa.<span class=\"_ _75\"> </span>Le <span class=\"_ _2\"></span>modifiche <span class=\"_ _2\"></span>relative all\u2019eccezione <span class=\"_ _2\"></span>own<span class=\"ff4\">-use devono <span class=\"_ _8\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>applicate retrospetticamente, mentre <span class=\"_ _8\"></span>quelle in <span class=\"_ _8\"></span>materia di <span class=\"_ _8\"></span>hedge accounting<span class=\"_ _75\"> </span></span>devono <span class=\"_ _8\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>appl<span class=\"_ _0\"></span>icate <span class=\"_ _2\"></span>prospetticamen<span class=\"_ _0\"></span>te <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>nuove relazioni <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>coper<span class=\"_ _0\"></span>tura <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>signate <span class=\"_ _8\"></span>a partire <span class=\"_ _8\"></span>dalla <span class=\"_ _2\"></span>data di <span class=\"_ _8\"></span>prima <span class=\"_ _8\"></span>app<span class=\"_ _0\"></span>licaz<span class=\"_ _0\"></span>ione.<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>Inoltr<span class=\"_ _0\"></span>e,<span class=\"_ _75\"> </span>le <span class=\"_ _9\"> </span>modifiche <span class=\"_ _5\"> </span>all\u2019infor<span class=\"_ _0\"></span>mativa <span class=\"_ _9\"> </span>previste <span class=\"_ _9\"> </span>dall\u2019IFRS <span class=\"_ _9\"> </span>7 <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>vono <span class=\"_ _9\"> </span>essere <span class=\"_ _9\"> </span>implementate <span class=\"_ _9\"> </span>congiuntamente <span class=\"_ _9\"> </span>alle <span class=\"_ _9\"> </span>modifiche <span class=\"_ _9\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>9. <span class=\"_ _9\"> </span>Qualor<span class=\"_ _0\"></span><span class=\"ff4 ls3\">a<span class=\"_ _75\"> </span></span>un\u2019entit\u00e0 non riesponga le info<span class=\"_ _0\"></span>rmazioni compa<span class=\"_ _0\"></span>rative, non potr\u00e0 pr<span class=\"_ _0\"></span>esentare informative com<span class=\"_ _0\"></span>parative.<span class=\"_ _75\"> </span>Il Gruppo non prevede<span class=\"_ _0\"></span> che tali modifiche abb<span class=\"_ _0\"></span>iano un impatto sign<span class=\"_ _0\"></span>ificativo sul propr<span class=\"_ _0\"></span>io bilancio consoli<span class=\"_ _0\"></span>dato. . <span class=\"_ _6f\"> </span><span class=\"ff5\">Settori operativi: infor<span class=\"_ _2\"></span>mativa<span class=\"_ _75\"> </span></span>Ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>gestionali <span class=\"_ _4\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oduttivi, <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>organizzato <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>business <span class=\"_ _4\"></span>units <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _4\"></span>ai <span class=\"_ _3\"></span>prodotti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vizi <span class=\"_ _3\"></span>forniti <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _4\"></span>tre <span class=\"_ _3\"></span>settori <span class=\"_ _3\"></span>oper<span class=\"_ _0\"></span>ativi,<span class=\"_ _75\"> </span>illustrati di seguito:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _6c\"> </span><span class=\"ff4\">il settore Pharma: Fine Foods &amp; <span class=\"_ _0\"></span>Pharmaceuticals <span class=\"_ _0\"></span>NTM S.p.A. produce far<span class=\"_ _0\"></span>maci nello stabilimento d<span class=\"_ _0\"></span>i Brembate, in pr<span class=\"_ _0\"></span>ovincia<span class=\"_ _75\"> </span></span></span>di Bergamo su un\u2019area com<span class=\"_ _0\"></span>plessiva di 26.100 mq. <span class=\"_ _0\"></span>Lo stabilimento pr<span class=\"_ _0\"></span>oduce polveri e granuli, com<span class=\"_ _0\"></span>presse, compresse<span class=\"_ _75\"> </span>filmate e capsule di gelatina <span class=\"_ _0\"></span>dura, confezionati in <span class=\"_ _0\"></span>bustine, blister e <span class=\"_ _0\"></span>pilloliere.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _6c\"> </span><span class=\"ff6\">il settore Nutra: Fine Foods &amp; Ph<span class=\"_ _0\"></span>armaceuticals NTM S.p.<span class=\"_ _0\"></span>A. produce n<span class=\"_ _0\"></span>utraceutici nell\u2019impianto d<span class=\"_ _0\"></span>i Zingonia, in pr<span class=\"_ _0\"></span>ovincia di<span class=\"_ _75\"> </span></span></span>Bergamo, su un\u2019area complessiv<span class=\"_ _0\"></span>a di 45.600 mq. <span class=\"_ _0\"></span>Lo stabilimento di Z<span class=\"_ _0\"></span>ingonia produce polveri e g<span class=\"_ _0\"></span>ranulati solubili ed<span class=\"_ _75\"> </span>effervescenti, compr<span class=\"_ _0\"></span>esse solubili, ef<span class=\"_ _0\"></span>fervescenti e masticabil<span class=\"_ _0\"></span>i, compresse filma<span class=\"_ _0\"></span>te e capsule di gelatin<span class=\"_ _0\"></span>a dura, confezion<span class=\"_ _0\"></span>ati in<span class=\"_ _75\"> </span>buste, stick, bustine, barattoli<span class=\"_ _0\"></span>, pilloliere, blister<span class=\"_ _0\"></span> e strip.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _58\"> </span><span class=\"ff4 fs0\">il settor<span class=\"_ _0\"></span>e Cosmetica: la contr<span class=\"_ _0\"></span>ollata Fine Cosm<span class=\"_ _0\"></span>etics svolge la propr<span class=\"_ _0\"></span>ia attivit\u00e0 nel settore della prod<span class=\"_ _0\"></span>uzione conto ter<span class=\"_ _0\"></span>zi e del<span class=\"_ _75\"> </span></span></span>commercio di prodotti cosm<span class=\"_ _0\"></span>etici (hair car<span class=\"_ _0\"></span>e, skin care e oral care)<span class=\"_ _0\"></span> presso lo stabilimento di T<span class=\"_ _0\"></span>renzano, in pr<span class=\"_ _0\"></span>ovincia di<span class=\"_ _75\"> </span>Brescia.<span class=\"_ _75\"> </span>Gli <span class=\"_ _9\"> </span>amministratori <span class=\"_ _9\"> </span>monitoran<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>sep<span class=\"_ _0\"></span>aratamente <span class=\"_ _9\"> </span>i <span class=\"_ _9\"> </span>risultati <span class=\"_ _7\"> </span>conseguiti <span class=\"_ _9\"> </span>dalle <span class=\"_ _9\"> </span>bu<span class=\"_ _0\"></span>siness <span class=\"_ _9\"> </span>unit <span class=\"_ _9\"> </span>allo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>scopo <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>pren<span class=\"_ _0\"></span>dere <span class=\"_ _9\"> </span>decisioni <span class=\"_ _9\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>me<span class=\"_ _3\"></span>rito<span class=\"_ _75\"> </span>all\u2019allocazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>risorse<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>verifica <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>perform<span class=\"_ _0\"></span>ance. <span class=\"_ _0\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>formance <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>settori <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>valutata <span class=\"_ _4\"></span><span class=\"ff4\">sulla <span class=\"_ _0\"></span>base <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>risultato <span class=\"_ _3\"></span>operativo.<span class=\"_ _75\"> </span></span>La gestione finanziaria e le im<span class=\"_ _0\"></span>poste sul reddito<span class=\"_ _0\"></span> sono gestiti a livello <span class=\"_ _0\"></span>di Societ\u00e0<span class=\"_ _0\"></span> e non sono a<span class=\"_ _0\"></span>llocati ai sett<span class=\"_ _0\"></span>ori operativi.<table class=\"s w31c h271\" id=\"_19154678-97af-475f-9652-d860f97654cf\"><tr><td class=\"c x195 y1623 w1cc h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>25<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1623 w1cd h1bc\"><div class=\"t m0 x5d h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d6 y1623 w1ce h1bc\"><div class=\"t m0 x69 h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1d7 y1623 w1cf h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1d8 y1623 w1d0 h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Totale settori </div></td></tr><tr><td class=\"c x195 y1624 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Ricavi e proventi </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1625 w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Ricavi da contratti con clienti </div></td><td class=\"c x1d5 y1625 w1cd h19c\"><div class=\"t m0 x90 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 136.106.591  </div></td><td class=\"c x1d6 y1625 w1ce h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 85.166.931  </div></td><td class=\"c x1d7 y1625 w1cf h19c\"><div class=\"t m0 x67 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 30.785.345  </div></td><td class=\"c x1d8 y1625 w1d0 h19c\"><div class=\"t m0 x69 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 252.058.868  </div></td></tr><tr><td class=\"c x195 y1626 w1cc h1bc\"><div class=\"t m0 x2b h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">Altri proventi </div></td><td class=\"c x1d5 y1626 w1cd h1bc\"><div class=\"t m0 x11e h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 655.751  </div></td><td class=\"c x1d6 y1626 w1ce h1bc\"><div class=\"t m0 x51 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 440.882  </div></td><td class=\"c x1d7 y1626 w1cf h1bc\"><div class=\"t m0 x50 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 307.402  </div></td><td class=\"c x1d8 y1626 w1d0 h1bc\"><div class=\"t m0 x66 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.404.036  </div></td></tr><tr><td class=\"c x195 y1627 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Totale ricavi </div></td><td class=\"c x1d5 y1627 w1cd h19c\"><div class=\"t m0 x90 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 136.762.343  </div></td><td class=\"c x1d6 y1627 w1ce h19c\"><div class=\"t m0 x6a h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 85.607.814  </div></td><td class=\"c x1d7 y1627 w1cf h19c\"><div class=\"t m0 x67 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.092.747  </div></td><td class=\"c x1d8 y1627 w1d0 h19c\"><div class=\"t m0 x69 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 253.462.904  </div></td></tr><tr><td class=\"c x195 y1628 w1cc h1d5\"><div class=\"t m0 x2b h35 y55d ff5 fs2 fc1 sc0 ls0 ws0\">Costi operativi </div></td><td class=\"c x1d5 y1629 w1cd hab\"><div class=\"t m0 x3b h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 81.945.250  </div></td><td class=\"c x1d6 y1629 w1ce hab\"><div class=\"t m0 x6a h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 39.480.605  </div></td><td class=\"c x1d7 y1629 w1cf hab\"><div class=\"t m0 x67 h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 17.814.156  </div></td><td class=\"c x1d8 y1629 w1d0 hab\"><div class=\"t m0 x69 h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 139.240.012  </div></td></tr><tr><td class=\"c x197 y162a w31d h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Costi per consumo materie prime, variazione delle rimanenze dei<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y162b w31e h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">prodotti finiti e dei prodotti in corso di lavorazione<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y162c w1cc h1d6\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi del personale </div></td><td class=\"c x1d5 y162c w1cd h1d6\"><div class=\"t m0 x3b h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 21.613.176  </div></td><td class=\"c x1d6 y162c w1ce h1d6\"><div class=\"t m0 x6a h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 23.753.144  </div></td><td class=\"c x1d7 y162c w1cf h1d6\"><div class=\"t m0 x69 h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 7.102.227  </div></td><td class=\"c x1d8 y162c w1d0 h1d6\"><div class=\"t m0 x6a h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 52.468.547  </div></td></tr><tr><td class=\"c x195 y162d w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi per servizi </div></td><td class=\"c x1d5 y162d w1cd h19c\"><div class=\"t m0 x3b h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.287.790  </div></td><td class=\"c x1d6 y162d w1ce h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.899.206  </div></td><td class=\"c x1d7 y162d w1cf h19c\"><div class=\"t m0 x69 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.620.038  </div></td><td class=\"c x1d8 y162d w1d0 h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 25.807.034  </div></td></tr><tr><td class=\"c x195 y162e w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Altri costi operativi </div></td><td class=\"c x1d5 y162e w1cd h19c\"><div class=\"t m0 x11e h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 484.265  </div></td><td class=\"c x1d6 y162e w1ce h19c\"><div class=\"t m0 x51 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 712.215  </div></td><td class=\"c x1d7 y162e w1cf h19c\"><div class=\"t m0 x50 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 318.165  </div></td><td class=\"c x1d8 y162e w1d0 h19c\"><div class=\"t m0 x66 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.514.645  </div></td></tr><tr><td class=\"c x195 y162f w1cc h1bb\"><div class=\"t m0 x2b h7 yf9b ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamenti e svalutazioni </div></td><td class=\"c x1d5 y162f w1cd h1bb\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 7.003.309  </div></td><td class=\"c x1d6 y162f w1ce h1bb\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.403.801  </div></td><td class=\"c x1d7 y162f w1cf h1bb\"><div class=\"t m0 x69 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.609.231  </div></td><td class=\"c x1d8 y162f w1d0 h1bb\"><div class=\"t m0 x6a h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 18.016.341  </div></td></tr><tr><td class=\"c x195 y1630 w1cc h1d7\"><div class=\"t m0 x2b h35 y87e ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi operativi </div></td><td class=\"c x1d5 y1630 w1cd h1d7\"><div class=\"t m0 x90 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 121.333.790  </div></td><td class=\"c x1d6 y1630 w1ce h1d7\"><div class=\"t m0 x6a h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 83.248.972  </div></td><td class=\"c x1d7 y1630 w1cf h1d7\"><div class=\"t m0 x67 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 32.463.817  </div></td><td class=\"c x1d8 y1630 w1d0 h1d7\"><div class=\"t m0 x69 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 237.046.579  </div></td></tr><tr><td class=\"c x195 y1631 w1cc h1bc\"><div class=\"t m0 x2b h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\">RISULTATO OPERATIVO </div></td><td class=\"c x1d5 y1631 w1cd h1bc\"><div class=\"t m0 x3b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 15.428.553  </div></td><td class=\"c x1d6 y1631 w1ce h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.358.842  </div></td><td class=\"c x1d7 y1631 w1cf h1bc\"><div class=\"t m0 x90 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">(1.371.070)  </div></td><td class=\"c x1d8 y1631 w1d0 h1bc\"><div class=\"t m0 x6a h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 16.416.325  </div></td></tr></table><table class=\"s w31f h272\" id=\"_0b59e4a6-3111-4fc5-9e7e-aaefd2d5961e\"><tr><td class=\"c x195 y1632 w1cc h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>24<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1632 w1cd h1bb\"><div class=\"t m0 x5d h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d6 y1632 w1ce h1bb\"><div class=\"t m0 x69 h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1d7 y1632 w1cf h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1d8 y1632 w1d0 h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Totale settori </div></td></tr><tr><td class=\"c x195 y1633 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Ricavi e proventi </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1634 w1cc h1d7\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Ricavi da contratti con clienti </div></td><td class=\"c x1d5 y1634 w1cd h1d7\"><div class=\"t m0 x68 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">142.206.355 </div></td><td class=\"c x1d6 y1634 w1ce h1d7\"><div class=\"t m0 x100 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">75.765.229 </div></td><td class=\"c x1d7 y1634 w1cf h1d7\"><div class=\"t m0 x68 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">25.781.247 </div></td><td class=\"c x1d8 y1634 w1d0 h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">243.752.830 </div></td></tr><tr><td class=\"c x195 y1635 w1cc h1bc\"><div class=\"t m0 x2b h7 yf9b ff4 fs2 fc1 sc0 ls0 ws0\">Altri proventi </div></td><td class=\"c x1d5 y1635 w1cd h1bc\"><div class=\"t m0 x6b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">641.100 </div></td><td class=\"c x1d6 y1635 w1ce h1bc\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">422.587 </div></td><td class=\"c x1d7 y1635 w1cf h1bc\"><div class=\"t m0 x79 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">253.754 </div></td><td class=\"c x1d8 y1635 w1d0 h1bc\"><div class=\"t m0 x11e h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">1.317.440 </div></td></tr><tr><td class=\"c x195 y1636 w1cc h1d6\"><div class=\"t m0 x2b h35 y10ed ff5 fs2 fc1 sc0 ls0 ws0\">Totale ricavi </div></td><td class=\"c x1d5 y1636 w1cd h1d6\"><div class=\"t m0 x68 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">142.847.455 </div></td><td class=\"c x1d6 y1636 w1ce h1d6\"><div class=\"t m0 x100 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">76.187.815 </div></td><td class=\"c x1d7 y1636 w1cf h1d6\"><div class=\"t m0 x68 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">26.035.000 </div></td><td class=\"c x1d8 y1636 w1d0 h1d6\"><div class=\"t m0 x5d h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">245.070.270 </div></td></tr><tr><td class=\"c x195 y1637 w1cc h1d5\"><div class=\"t m0 x2b h35 y55d ff5 fs2 fc1 sc0 ls0 ws0\">Costi operativi </div></td><td></td><td></td><td></td><td></td></tr></table><div class=\"gs7f\"><table class=\"s w321 h274\" id=\"_ff83a44e-6142-4dc9-9d92-5ae5da4083d9\"><tr><td class=\"c x197 y164c w31d h262\"><div class=\"t m0 x196 h7 y164b ff4 fs2 fc1 sc0 ls0 ws0\">Costi per consumo materie prime, variazione delle rimanenze dei<span class=\"_ _75\"> </span></div></td><td class=\"c x1d5 y164d w1cd h1d9\"><div class=\"t m0 x5d h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">87.839.874 </div></td><td class=\"c x1d6 y164d w1ce h1d9\"><div class=\"t m0 x100 h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">37.130.624 </div></td><td class=\"c x1d7 y164d w1cf h1d9\"><div class=\"t m0 x68 h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">16.336.165 </div></td><td class=\"c x1d8 y164d w1d0 h1d9\"><div class=\"t m0 x5d h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">141.306.663 </div></td></tr><tr><td class=\"c x197 y164e w31e h262\"><div class=\"t m0 x196 h7 y164b ff4 fs2 fc1 sc0 ls0 ws0\">prodotti finiti e dei prodotti in corso di lavorazione<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y164f w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi del personale </div></td><td class=\"c x1d5 y164f w1cd h19c\"><div class=\"t m0 x5d h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">20.874.588 </div></td><td class=\"c x1d6 y164f w1ce h19c\"><div class=\"t m0 x100 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">20.587.059 </div></td><td class=\"c x1d7 y164f w1cf h19c\"><div class=\"t m0 x5d h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">6.162.151 </div></td><td class=\"c x1d8 y164f w1d0 h19c\"><div class=\"t m0 x50 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">47.623.798 </div></td></tr><tr><td class=\"c x195 y1650 w1cc h1d7\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi per servizi </div></td><td class=\"c x1d5 y1650 w1cd h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">11.070.916 </div></td><td class=\"c x1d6 y1650 w1ce h1d7\"><div class=\"t m0 x66 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">8.845.063 </div></td><td class=\"c x1d7 y1650 w1cf h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">3.685.231 </div></td><td class=\"c x1d8 y1650 w1d0 h1d7\"><div class=\"t m0 x50 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">23.601.211 </div></td></tr><tr><td class=\"c x195 y1651 w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Altri costi operativi </div></td><td class=\"c x1d5 y1651 w1cd h19c\"><div class=\"t m0 x6b h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">779.708 </div></td><td class=\"c x1d6 y1651 w1ce h19c\"><div class=\"t m0 x66 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">1.030.647 </div></td><td class=\"c x1d7 y1651 w1cf h19c\"><div class=\"t m0 x79 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">307.869 </div></td><td class=\"c x1d8 y1651 w1d0 h19c\"><div class=\"t m0 x11e h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">2.118.224 </div></td></tr><tr><td class=\"c x195 y1652 w1cc h1bc\"><div class=\"t m0 x2b h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamenti e svalutazioni </div></td><td class=\"c x1d5 y1652 w1cd h1bc\"><div class=\"t m0 x60 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">7.011.143 </div></td><td class=\"c x1d6 y1652 w1ce h1bc\"><div class=\"t m0 x66 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">6.301.074 </div></td><td class=\"c x1d7 y1652 w1cf h1bc\"><div class=\"t m0 x5d h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">2.464.154 </div></td><td class=\"c x1d8 y1652 w1d0 h1bc\"><div class=\"t m0 x50 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">15.776.371 </div></td></tr><tr><td class=\"c x195 y1653 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi operativi </div></td><td class=\"c x1d5 y1653 w1cd h19c\"><div class=\"t m0 x68 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">127.576.230 </div></td><td class=\"c x1d6 y1653 w1ce h19c\"><div class=\"t m0 x100 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">73.894.468 </div></td><td class=\"c x1d7 y1653 w1cf h19c\"><div class=\"t m0 x68 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">28.955.570 </div></td><td class=\"c x1d8 y1653 w1d0 h19c\"><div class=\"t m0 x5d h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">230.426.267 </div></td></tr><tr><td class=\"c x195 y1654 w1cc h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">RISULTATO OPERATIVO </div></td><td class=\"c x1d5 y1654 w1cd h1bc\"><div class=\"t m0 x3b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 15.271.225  </div></td><td class=\"c x1d6 y1654 w1ce h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.293.348  </div></td><td class=\"c x1d7 y1654 w1cf h1bc\"><div class=\"t m0 x90 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">(2.920.570) </div></td><td class=\"c x1d8 y1654 w1d0 h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">14.644.003  </div></td></tr></table></div><div class=\"gs80\"><table class=\"s w320 h273\" id=\"_f12fbcab-8092-4126-a4cd-caf924e439d0\"><tr><td class=\"c x195 y1638 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>25<span class=\"ls0\"> </span></div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"c x1d9 y1639 w1d2 h1db\"><div class=\"t m0 x1c h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1da y1639 w1d3 h1db\"><div class=\"t m0 x6b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1db y1639 w1d2 h1db\"><div class=\"t m0 x79 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1dc y1639 w1d4 h1db\"><div class=\"t m0 x68 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Non di settore </div></td><td class=\"c x1dd y1639 w1d5 h1db\"><div class=\"t m0 x1c h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td></tr><tr><td class=\"c x195 y163a w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y163b w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y163c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Immobili, impianti e macchinari </div></td><td class=\"c x1d9 y163c w1d2 h3b\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 45.080.528  </div></td><td class=\"c x1da y163c w1d3 h3b\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 83.040.515  </div></td><td class=\"c x1db y163c w1d2 h3b\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.142.387  </div></td><td class=\"c x1dc y163c w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 894.359  </div></td><td class=\"c x1dd y163c w1d5 h3b\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 144.157.789  </div></td></tr><tr><td class=\"c x195 y163d w1d1 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Avviamento </div></td><td class=\"c x1d9 y163d w1d2 h1c0\"><div class=\"t m0 x34 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y163d w1d3 h1c0\"><div class=\"t m0 x3f h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y163d w1d2 h1c0\"><div class=\"t m0 x60 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td><td class=\"c x1dc y163d w1d4 h1c0\"><div class=\"t m0 x53 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163d w1d5 h1c0\"><div class=\"t m0 x66 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td></tr><tr><td class=\"c x195 y163e w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre immobilizzazioni immateriali </div></td><td class=\"c x1d9 y163e w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.034.271  </div></td><td class=\"c x1da y163e w1d3 h1b7\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 724.993  </div></td><td class=\"c x1db y163e w1d2 h1b7\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 165.035  </div></td><td class=\"c x1dc y163e w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163e w1d5 h1b7\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.924.298  </div></td></tr><tr><td class=\"c x195 y163f w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Diritti d'uso </div></td><td class=\"c x1d9 y163f w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 334.036  </div></td><td class=\"c x1da y163f w1d3 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 140.424  </div></td><td class=\"c x1db y163f w1d2 h3b\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.420.190  </div></td><td class=\"c x1dc y163f w1d4 h3b\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163f w1d5 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.894.651  </div></td></tr><tr><td class=\"c x195 y1640 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1640 w1d2 h1b7\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1640 w1d3 h1b7\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1640 w1d2 h1b7\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1640 w1d4 h1b7\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 324.052  </div></td><td class=\"c x1dd y1640 w1d5 h1b7\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 324.052  </div></td></tr><tr><td class=\"c x195 y1641 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 per imposte differite </div></td><td class=\"c x1d9 y1641 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1641 w1d3 h1da\"><div class=\"t m0 x3f h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1641 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1641 w1d4 h1da\"><div class=\"t m0 x51 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.864.403  </div></td><td class=\"c x1dd y1641 w1d5 h1da\"><div class=\"t m0 x51 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.864.403  </div></td></tr><tr><td class=\"c x195 y1642 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1642 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 46.448.835  </div></td><td class=\"c x1da y1642 w1d3 h36\"><div class=\"t m0 x3b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 83.905.932  </div></td><td class=\"c x1db y1642 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 29.235.566  </div></td><td class=\"c x1dc y1642 w1d4 h36\"><div class=\"t m0 x51 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 3.082.814  </div></td><td class=\"c x1dd y1642 w1d5 h36\"><div class=\"t m0 x100 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 162.673.147  </div></td></tr><tr><td class=\"c x195 y1643 w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1644 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Rimanenze </div></td><td class=\"c x1d9 y1644 w1d2 h1b7\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.092.563  </div></td><td class=\"c x1da y1644 w1d3 h1b7\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 14.951.187  </div></td><td class=\"c x1db y1644 w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.910.876  </div></td><td class=\"c x1dc y1644 w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1644 w1d5 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 34.954.626  </div></td></tr><tr><td class=\"c x195 y1645 w1d1 h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti commerciali </div></td><td class=\"c x1d9 y1645 w1d2 h3a\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.339.517  </div></td><td class=\"c x1da y1645 w1d3 h3a\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 14.416.075  </div></td><td class=\"c x1db y1645 w1d2 h3a\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.851.075  </div></td><td class=\"c x1dc y1645 w1d4 h3a\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1645 w1d5 h3a\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.606.666  </div></td></tr><tr><td class=\"c x195 y1646 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti tributari </div></td><td class=\"c x1d9 y1646 w1d2 h1b7\"><div class=\"t m0 x34 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1646 w1d3 h1b7\"><div class=\"t m0 x3f h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1646 w1d2 h1b7\"><div class=\"t m0 x34 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1646 w1d4 h1b7\"><div class=\"t m0 x49 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 47.368  </div></td><td class=\"c x1dd y1646 w1d5 h1b7\"><div class=\"t m0 x49 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 47.368  </div></td></tr><tr><td class=\"c x195 y1647 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1647 w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 470.418  </div></td><td class=\"c x1da y1647 w1d3 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 354.157  </div></td><td class=\"c x1db y1647 w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 187.284  </div></td><td class=\"c x1dc y1647 w1d4 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.847.528  </div></td><td class=\"c x1dd y1647 w1d5 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 6.859.387  </div></td></tr><tr><td class=\"c x195 y1648 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1d9 y1648 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1648 w1d3 h1da\"><div class=\"t m0 x3f h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1648 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1648 w1d4 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1dd y1648 w1d5 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td></tr><tr><td class=\"c x195 y1649 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1649 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.902.498  </div></td><td class=\"c x1da y1649 w1d3 h1da\"><div class=\"t m0 x3b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 29.721.419  </div></td><td class=\"c x1db y1649 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 10.949.234  </div></td><td class=\"c x1dc y1649 w1d4 h1da\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 44.777.797  </div></td><td class=\"c x1dd y1649 w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 117.350.948  </div></td></tr><tr><td class=\"c x195 y164a w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 </div></td><td class=\"c x1d9 y164a w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 78.351.333  </div></td><td class=\"c x1da y164a w1d3 h1da\"><div class=\"t m0 x90 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 113.627.351  </div></td><td class=\"c x1db y164a w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 40.184.800  </div></td><td class=\"c x1dc y164a w1d4 h1da\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 47.860.611  </div></td><td class=\"c x1dd y164a w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 280.024.095  </div></td></tr></table></div><div class=\"gs81\"><table class=\"s w322 h275\" id=\"_864506bd-0b7a-4e04-8af7-b80e1211eb4f\"><tr><td class=\"c x195 y1655 w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Patrimonio netto<span class=\"_ _75\"> </span> </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1656 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Capitale sociale </div></td><td></td><td></td><td></td><td class=\"c x1dc y1656 w1d4 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445  </div></td><td class=\"c x1dd y1656 w1d5 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1657 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre riserve </div></td><td></td><td></td><td></td><td class=\"c x1dc y1657 w1d4 h3b\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 106.946.489  </div></td><td class=\"c x1dd y1657 w1d5 h3b\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 106.946.489<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1658 w1d1 h1df\"><div class=\"t m0 x2b h7 y1103 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva per benefici ai dipendenti </div></td><td></td><td></td><td></td><td class=\"c x1dc y1658 w1d4 h1df\"><div class=\"t m0 x15 h7 y1103 ff4 fs2 fc1 sc0 ls0 ws0\"> 251.002  </div></td><td class=\"c x1dd y1658 w1d5 h1df\"><div class=\"t m0 x15 h7 y1103 ff4 fs2 fc1 sc0 ls0 ws0\"> 251.002<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1659 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva FTA<span class=\"_ _75\"> </span> </div></td><td></td><td></td><td></td><td class=\"c x1dc y1659 w1d4 h3b\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)  </div></td><td class=\"c x1dd y1659 w1d5 h3b\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y165a w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Utili a nuovo </div></td><td></td><td></td><td></td><td class=\"c x1dc y165a w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 810.290  </div></td><td class=\"c x1dd y165a w1d5 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 810.290<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y165b w1d1 h36\"><div class=\"t m0 x2b h7 y584 ff6 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) d\u2019esercizio <span class=\"ff4\"> </span></div></td><td></td><td></td><td></td><td class=\"c x1dc y165b w1d4 h36\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.097.286  </div></td><td class=\"c x1dd y165b w1d5 h36\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.097.286<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y165c w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale patrimonio netto<span class=\"_ _75\"> </span> </div></td><td class=\"c x1d9 y165c w1d2 h1da\"><div class=\"t m0 x53 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">-<span class=\"_ _75\"> </span> </div></td><td class=\"c x1da y165c w1d3 h1da\"><div class=\"t m0 xf h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">-<span class=\"_ _75\"> </span> </div></td><td class=\"c x1db y165c w1d2 h1da\"><div class=\"t m0 x53 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y165c w1d4 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 134.205.722  </div></td><td class=\"c x1dd y165c w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 134.205.722<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y165d w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 non correnti<span class=\"_ _75\"> </span> </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y165e w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1d9 y165e w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y165e w1d3 h3b\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y165e w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y165e w1d4 h3b\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">  72.736.116<span class=\"_ _75\"> </span> </div></td><td class=\"c x1dd y165e w1d5 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">72.736.116<span class=\"_ _75\"> </span> </div></td></tr><tr><td class=\"c x195 y165f w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Benefici ai dipendenti </div></td><td class=\"c x1d9 y165f w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 352.809  </div></td><td class=\"c x1da y165f w1d3 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 314.698  </div></td><td class=\"c x1db y165f w1d2 h3b\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.254.850  </div></td><td class=\"c x1dc y165f w1d4 h3b\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y165f w1d5 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.922.357<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1660 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Fondi rischi e oneri </div></td><td class=\"c x1d9 y1660 w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.433.075  </div></td><td class=\"c x1da y1660 w1d3 h1b7\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.277.730  </div></td><td class=\"c x1db y1660 w1d2 h1b7\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1660 w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1660 w1d5 h1b7\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.710.805<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1661 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Fondo imposte differite </div></td><td class=\"c x1d9 y1661 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1661 w1d3 h3b\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1661 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1661 w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 303.792  </div></td><td class=\"c x1dd y1661 w1d5 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 303.792<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1662 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1d9 y1662 w1d2 h1b7\"><div class=\"t m0 x76 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 248.941  </div></td><td class=\"c x1da y1662 w1d3 h1b7\"><div class=\"t m0 x56 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 104.434  </div></td><td class=\"c x1db y1662 w1d2 h1b7\"><div class=\"t m0 x76 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 546.291  </div></td><td class=\"c x1dc y1662 w1d4 h1b7\"><div class=\"t m0 x53 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1662 w1d5 h1b7\"><div class=\"t m0 x15 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 899.666<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1663 w1d1 h1e0\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1663 w1d2 h1e0\"><div class=\"t m0 x11e h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.034.825  </div></td><td class=\"c x1da y1663 w1d3 h1e0\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.696.862  </div></td><td class=\"c x1db y1663 w1d2 h1e0\"><div class=\"t m0 x11e h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.801.141  </div></td><td class=\"c x1dc y1663 w1d4 h1e0\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 73.039.908  </div></td><td class=\"c x1dd y1663 w1d5 h1e0\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 78.572.737<span class=\"_ _75\"> </span>  </div></td></tr><tr><td class=\"c x195 y1664 w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 correnti<span class=\"_ _75\"> </span> </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1665 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1d9 y1665 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1665 w1d3 h3b\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1665 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1665 w1d4 h3b\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td class=\"c x1dd y1665 w1d5 h3b\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td></tr></table></div><table class=\"s w322 h278\" id=\"_e65c268c-9b9b-4ea6-8db7-21690a46f6fc\"><tr><td class=\"c x195 y1681 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti commerciali </div></td><td class=\"c x1d9 y1681 w1d2 h1b7\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.778.052  </div></td><td class=\"c x1da y1681 w1d3 h1b7\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.150.774  </div></td><td class=\"c x1db y1681 w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.423.144  </div></td><td class=\"c x1dc y1681 w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1681 w1d5 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.351.971  </div></td></tr><tr><td class=\"c x195 y1682 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti tributari </div></td><td class=\"c x1d9 y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1682 w1d3 h3b\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1682 w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 995.522  </div></td><td class=\"c x1dd y1682 w1d5 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 995.522  </div></td></tr><tr><td class=\"c x195 y1683 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1d9 y1683 w1d2 h1b7\"><div class=\"t m0 x2f h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 88.183  </div></td><td class=\"c x1da y1683 w1d3 h1b7\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 37.655  </div></td><td class=\"c x1db y1683 w1d2 h1b7\"><div class=\"t m0 x76 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 264.751  </div></td><td class=\"c x1dc y1683 w1d4 h1b7\"><div class=\"t m0 x53 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1683 w1d5 h1b7\"><div class=\"t m0 x15 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 390.589  </div></td></tr><tr><td class=\"c x195 y1684 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Altre passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 6.743.626  </div></td><td class=\"c x1da y1684 w1d3 h1da\"><div class=\"t m0 x100 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.583.548  </div></td><td class=\"c x1db y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.427.765  </div></td><td class=\"c x1dc y1684 w1d4 h1da\"><div class=\"t m0 x53 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1684 w1d5 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.754.939  </div></td></tr><tr><td class=\"c x195 y1685 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1685 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 22.609.861  </div></td><td class=\"c x1da y1685 w1d3 h36\"><div class=\"t m0 x3b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 23.771.978  </div></td><td class=\"c x1db y1685 w1d2 h36\"><div class=\"t m0 x11e h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 7.115.661  </div></td><td class=\"c x1dc y1685 w1d4 h36\"><div class=\"t m0 x66 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 13.748.137  </div></td><td class=\"c x1dd y1685 w1d5 h36\"><div class=\"t m0 x66 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 67.245.636  </div></td></tr><tr><td class=\"c x195 y1686 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Patrimonio Netto e Passivit\u00e0 </div></td><td class=\"c x1d9 y1686 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 24.644.686  </div></td><td class=\"c x1da y1686 w1d3 h1da\"><div class=\"t m0 x3b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 25.468.840  </div></td><td class=\"c x1db y1686 w1d2 h1da\"><div class=\"t m0 x11e h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 8.916.802  </div></td><td class=\"c x1dc y1686 w1d4 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 220.993.768  </div></td><td class=\"c x1dd y1686 w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 280.024.095  </div></td></tr></table><table class=\"s w320 h276\" id=\"_3f1585d4-1a63-44a0-bafb-63ec04fffea8\"><tr><td class=\"c x195 y1666 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>24<span class=\"ls0\"> </span></div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"c x1d9 y1667 w1d2 h1e2\"><div class=\"t m0 x50 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1da y1667 w1d3 h1e2\"><div class=\"t m0 x69 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1db y1667 w1d2 h1e2\"><div class=\"t m0 x90 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1dc y1667 w1d4 h1e2\"><div class=\"t m0 x96 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Non di settore </div></td><td class=\"c x1dd y1667 w1d5 h1e2\"><div class=\"t m0 x50 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td></tr><tr><td class=\"c x195 y1668 w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1669 w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y166a w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Immobili, impianti e macchinari </div></td><td class=\"c x1d9 y166a w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 48.030.175  </div></td><td class=\"c x1da y166a w1d3 h1b7\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 61.708.822  </div></td><td class=\"c x1db y166a w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.343.136  </div></td><td class=\"c x1dc y166a w1d4 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.057.806  </div></td><td class=\"c x1dd y166a w1d5 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 126.139.938  </div></td></tr><tr><td class=\"c x195 y166b w1d1 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Avviamento </div></td><td class=\"c x1d9 y166b w1d2 h1c0\"><div class=\"t m0 x34 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166b w1d3 h1c0\"><div class=\"t m0 x3f h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166b w1d2 h1c0\"><div class=\"t m0 x60 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td><td class=\"c x1dc y166b w1d4 h1c0\"><div class=\"t m0 x53 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166b w1d5 h1c0\"><div class=\"t m0 x66 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td></tr><tr><td class=\"c x195 y166c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre immobilizzazioni immateriali </div></td><td class=\"c x1d9 y166c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 860.675  </div></td><td class=\"c x1da y166c w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 445.753  </div></td><td class=\"c x1db y166c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 249.654  </div></td><td class=\"c x1dc y166c w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166c w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 1.556.083  </div></td></tr><tr><td class=\"c x195 y166d w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Diritti d'uso </div></td><td class=\"c x1d9 y166d w1d2 h1b7\"><div class=\"t m0 x2f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 99.171  </div></td><td class=\"c x1da y166d w1d3 h1b7\"><div class=\"t m0 x31 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 44.562  </div></td><td class=\"c x1db y166d w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.762.628  </div></td><td class=\"c x1dc y166d w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166d w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.906.361  </div></td></tr><tr><td class=\"c x195 y166e w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y166e w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166e w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166e w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y166e w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 597.853  </div></td><td class=\"c x1dd y166e w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 597.853  </div></td></tr><tr><td class=\"c x195 y166f w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 per imposte differite </div></td><td class=\"c x1d9 y166f w1d2 h1da\"><div class=\"t m0 x34 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166f w1d3 h1da\"><div class=\"t m0 x3f h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166f w1d2 h1da\"><div class=\"t m0 x34 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y166f w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.451.347  </div></td><td class=\"c x1dd y166f w1d5 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.451.347  </div></td></tr><tr><td class=\"c x195 y1670 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1670 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 48.990.022  </div></td><td class=\"c x1da y1670 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 62.199.137  </div></td><td class=\"c x1db y1670 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 29.863.372  </div></td><td class=\"c x1dc y1670 w1d4 h1da\"><div class=\"t m0 x51 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.107.006  </div></td><td class=\"c x1dd y1670 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 146.159.536  </div></td></tr><tr><td class=\"c x195 y1671 w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1672 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Rimanenze </div></td><td class=\"c x1d9 y1672 w1d2 h3b\"><div class=\"t m0 x60 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 14.762.030  </div></td><td class=\"c x1da y1672 w1d3 h3b\"><div class=\"t m0 x3b h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 12.935.039  </div></td><td class=\"c x1db y1672 w1d2 h3b\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 4.211.543  </div></td><td class=\"c x1dc y1672 w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1672 w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 31.908.612  </div></td></tr><tr><td class=\"c x195 y1673 w1d1 h1df\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti commerciali </div></td><td class=\"c x1d9 y1673 w1d2 h1df\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.278.745  </div></td><td class=\"c x1da y1673 w1d3 h1df\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 13.365.900  </div></td><td class=\"c x1db y1673 w1d2 h1df\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.891.832  </div></td><td class=\"c x1dc y1673 w1d4 h1df\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1673 w1d5 h1df\"><div class=\"t m0 x66 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 37.536.476  </div></td></tr><tr><td class=\"c x195 y1674 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti tributari </div></td><td class=\"c x1d9 y1674 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1674 w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1674 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1674 w1d4 h3b\"><div class=\"t m0 x49 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 17.998  </div></td><td class=\"c x1dd y1674 w1d5 h3b\"><div class=\"t m0 x49 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 17.998  </div></td></tr><tr><td class=\"c x195 y1675 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1675 w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 295.001  </div></td><td class=\"c x1da y1675 w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 171.612  </div></td><td class=\"c x1db y1675 w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 171.417  </div></td><td class=\"c x1dc y1675 w1d4 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 7.120.275  </div></td><td class=\"c x1dd y1675 w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 7.758.304  </div></td></tr><tr><td class=\"c x195 y1676 w1d1 h36\"><div class=\"t m0 x2b h7 y31b ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1d9 y1676 w1d2 h36\"><div class=\"t m0 x34 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1676 w1d3 h36\"><div class=\"t m0 x3f h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1676 w1d2 h36\"><div class=\"t m0 x34 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1676 w1d4 h36\"><div class=\"t m0 x66 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.210.213  </div></td><td class=\"c x1dd y1676 w1d5 h36\"><div class=\"t m0 x66 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.210.213  </div></td></tr><tr><td class=\"c x195 y1677 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1677 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 34.335.775  </div></td><td class=\"c x1da y1677 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 26.472.551  </div></td><td class=\"c x1db y1677 w1d2 h1da\"><div class=\"t m0 x11e h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 9.274.792  </div></td><td class=\"c x1dc y1677 w1d4 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 26.348.486  </div></td><td class=\"c x1dd y1677 w1d5 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 96.431.604  </div></td></tr></table><table class=\"s w322 h277\" id=\"_3c06a2d1-9f91-45d6-af1b-4728b72bffb7\"><tr><td class=\"c x195 y1678 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 </div></td><td class=\"c x1d9 y1678 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 83.325.797  </div></td><td class=\"c x1da y1678 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 88.671.688  </div></td><td class=\"c x1db y1678 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 39.138.163  </div></td><td class=\"c x1dc y1678 w1d4 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.455.492  </div></td><td class=\"c x1dd y1678 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 242.591.140  </div></td></tr><tr><td class=\"c x195 y1679 w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Patrimonio netto </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y167a w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Capitale sociale </div></td><td class=\"c x1d9 y167a w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167a w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167a w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167a w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445  </div></td><td class=\"c x1dd y167a w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445  </div></td></tr><tr><td class=\"c x195 y167b w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Altre riserve </div></td><td class=\"c x1d9 y167b w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167b w1d3 h1b7\"><div class=\"t m0 xf h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167b w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167b w1d4 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 102.919.409  </div></td><td class=\"c x1dd y167b w1d5 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 102.919.409  </div></td></tr><tr><td class=\"c x195 y167c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva per benefici ai dipendenti </div></td><td class=\"c x1d9 y167c w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167c w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167c w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167c w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 191.928  </div></td><td class=\"c x1dd y167c w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 191.928  </div></td></tr><tr><td class=\"c x195 y167d w1d1 h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva FTA </div></td><td class=\"c x1d9 y167d w1d2 h3a\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167d w1d3 h3a\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167d w1d2 h3a\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167d w1d4 h3a\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)  </div></td><td class=\"c x1dd y167d w1d5 h3a\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)  </div></td></tr><tr><td class=\"c x195 y167e w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Utili a nuovo </div></td><td class=\"c x1d9 y167e w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167e w1d3 h1b7\"><div class=\"t m0 xf h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167e w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167e w1d4 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.691.909  </div></td><td class=\"c x1dd y167e w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.691.909  </div></td></tr><tr><td class=\"c x195 y167f w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff6 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) d\u2019esercizio <span class=\"ff4\"> </span></div></td><td class=\"c x1d9 y167f w1d2 h1da\"><div class=\"t m0 x53 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167f w1d3 h1da\"><div class=\"t m0 xf h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167f w1d2 h1da\"><div class=\"t m0 x53 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167f w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.155.879  </div></td><td class=\"c x1dd y167f w1d5 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.155.879  </div></td></tr><tr><td class=\"c x195 y1680 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale patrimonio netto </div></td><td class=\"c x1d9 y1680 w1d2 h36\"><div class=\"t m0 x53 h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1da y1680 w1d3 h36\"><div class=\"t m0 xf h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1db y1680 w1d2 h36\"><div class=\"t m0 x53 h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1dc y1680 w1d4 h36\"><div class=\"t m0 x100 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 132.059.779  </div></td><td class=\"c x1dd y1680 w1d5 h36\"><div class=\"t m0 x100 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 132.059.779  </div></td></tr></table><table class=\"s w322 h279\" id=\"_db106239-b86e-445a-bc55-67aad3614bc1\"><tr><td class=\"c x195 y1687 w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1688 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1d9 y1688 w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y1688 w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y1688 w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y1688 w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td><td class=\"c x1dd y1688 w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td></tr><tr><td class=\"c x195 y1689 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Benefici ai dipendenti </div></td><td class=\"c x1d9 y1689 w1d2 h1b7\"><div class=\"t m0 x76 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 391.428  </div></td><td class=\"c x1da y1689 w1d3 h1b7\"><div class=\"t m0 x56 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 397.007  </div></td><td class=\"c x1db y1689 w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.355.191  </div></td><td class=\"c x1dc y1689 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1689 w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.143.626  </div></td></tr><tr><td class=\"c x195 y168a w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Fondi rischi e oneri </div></td><td class=\"c x1d9 y168a w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 833.638  </div></td><td class=\"c x1da y168a w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 766.362  </div></td><td class=\"c x1db y168a w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168a w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y168a w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 1.600.000  </div></td></tr><tr><td class=\"c x195 y168b w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Fondo imposte differite </div></td><td class=\"c x1d9 y168b w1d2 h1b7\"><div class=\"t m0 x34 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y168b w1d3 h1b7\"><div class=\"t m0 x3f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y168b w1d2 h1b7\"><div class=\"t m0 x34 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168b w1d4 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 284.042  </div></td><td class=\"c x1dd y168b w1d5 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 284.042  </div></td></tr><tr><td class=\"c x195 y168c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1d9 y168c w1d2 h3b\"><div class=\"t m0 x2f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 67.109  </div></td><td class=\"c x1da y168c w1d3 h3b\"><div class=\"t m0 x31 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 30.155  </div></td><td class=\"c x1db y168c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 750.249  </div></td><td class=\"c x1dc y168c w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y168c w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 847.512  </div></td></tr><tr><td class=\"c x195 y168d w1d1 h1c1\"><div class=\"t m0 x2b h35 yfc0 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 non correnti </div></td><td class=\"c x1d9 y168d w1d2 h1c1\"><div class=\"t m0 x11e h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.292.175  </div></td><td class=\"c x1da y168d w1d3 h1c1\"><div class=\"t m0 x100 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.193.523  </div></td><td class=\"c x1db y168d w1d2 h1c1\"><div class=\"t m0 x11e h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.105.440  </div></td><td class=\"c x1dc y168d w1d4 h1c1\"><div class=\"t m0 x66 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 35.271.819  </div></td><td class=\"c x1dd y168d w1d5 h1c1\"><div class=\"t m0 x66 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 39.862.958  </div></td></tr><tr><td class=\"c x195 y168e w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y168f w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1d9 y168f w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y168f w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y168f w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168f w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1dd y168f w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td></tr></table><table class=\"s w322 h27b\" id=\"_68b082f4-0e2b-4595-b35e-2640c1722f20\"><tr><td class=\"c x195 y1681 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti commerciali </div></td><td class=\"c x1d9 y1681 w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.166.964  </div></td><td class=\"c x1da y1681 w1d3 h1b7\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.897.288  </div></td><td class=\"c x1db y1681 w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.490.892  </div></td><td class=\"c x1dc y1681 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1681 w1d5 h1b7\"><div class=\"t m0 x66 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.555.144  </div></td></tr><tr><td class=\"c x195 y1682 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti tributari </div></td><td class=\"c x1d9 y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1682 w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1682 w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 219.112  </div></td><td class=\"c x1dd y1682 w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 219.112  </div></td></tr><tr><td class=\"c x195 y1683 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1d9 y1683 w1d2 h1b7\"><div class=\"t m0 x2f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 33.871  </div></td><td class=\"c x1da y1683 w1d3 h1b7\"><div class=\"t m0 x31 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.219  </div></td><td class=\"c x1db y1683 w1d2 h1b7\"><div class=\"t m0 x76 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 276.140  </div></td><td class=\"c x1dc y1683 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1683 w1d5 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td></tr><tr><td class=\"c x195 y1684 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Altre passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.626.936  </div></td><td class=\"c x1da y1684 w1d3 h1da\"><div class=\"t m0 x100 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.319.003  </div></td><td class=\"c x1db y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.363.865  </div></td><td class=\"c x1dc y1684 w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.891.744  </div></td><td class=\"c x1dd y1684 w1d5 h1da\"><div class=\"t m0 x66 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.201.547  </div></td></tr><tr><td class=\"c x195 y1685 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1685 w1d2 h36\"><div class=\"t m0 x60 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 21.827.770  </div></td><td class=\"c x1da y1685 w1d3 h36\"><div class=\"t m0 x3b h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 21.231.511  </div></td><td class=\"c x1db y1685 w1d2 h36\"><div class=\"t m0 x11e h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.130.897  </div></td><td class=\"c x1dc y1685 w1d4 h36\"><div class=\"t m0 x66 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 22.478.226  </div></td><td class=\"c x1dd y1685 w1d5 h36\"><div class=\"t m0 x66 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 70.668.403  </div></td></tr><tr><td class=\"c x195 y1686 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Patrimonio Netto e Passivit\u00e0 </div></td><td class=\"c x1d9 y1686 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 23.119.945  </div></td><td class=\"c x1da y1686 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 22.425.034  </div></td><td class=\"c x1db y1686 w1d2 h1da\"><div class=\"t m0 x11e h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 7.236.337  </div></td><td class=\"c x1dc y1686 w1d4 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 189.809.824  </div></td><td class=\"c x1dd y1686 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 242.591.140  </div></td></tr></table>Si <span class=\"_ _3\"></span>precisa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non <span class=\"_ _4\"></span>si <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ende <span class=\"_ _3\"></span>necessaria <span class=\"_ _4\"></span>una <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iconciliazione <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>valori <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>Ricavi <span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>Risultato <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erativo <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iportati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bilancio<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>con <span class=\"_ _4\"></span>quanto<span class=\"_ _75\"> </span>indicato nell\u2019informativa d<span class=\"_ _0\"></span>i settore po<span class=\"_ _0\"></span>ich\u00e9 non vi sono poste in ri<span class=\"_ _0\"></span>conciliazione.<span class=\"_ _75\"> </span>Per <span class=\"_ _4\"></span>quanto <span class=\"_ _5\"></span>concerne <span class=\"_ _5\"></span>l\u2019aggregazione <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>ricavi <span class=\"_ _4\"></span>si <span class=\"_ _5\"></span>segnala <span class=\"_ _5\"></span>che <span class=\"_ _9\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>gener<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>una <span class=\"_ _5\"></span>parte <span class=\"_ _4\"></span>significativa <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>proprio <span class=\"_ _5\"></span>fatturato <span class=\"_ _5\"></span>da <span class=\"_ _4\"></span>un<span class=\"_ _75\"> </span></span>numero <span class=\"_ _f\"> </span>circoscritto <span class=\"_ _6\"> </span>di <span class=\"_ _f\"> </span>clienti, <span class=\"_ _f\"> </span>in <span class=\"_ _6\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>i <span class=\"_ _6\"> </span><span class=\"ff6\">pr<span class=\"_ _0\"></span>imi <span class=\"_ _f\"> </span>cinque <span class=\"_ _6\"> </span>clienti, <span class=\"_ _f\"> </span>nell\u2019esercizio <span class=\"_ _f\"> </span>chiuso <span class=\"_ _6\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _6\"> </span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _f\"> </span>20</span>25 <span class=\"_ _f\"> </span>rappresentano<span class=\"_ _75\"> </span>cumulativamente circa <span class=\"_ _0\"></span><span class=\"ls7\">il </span>60,8% d<span class=\"_ _0\"></span>el fatturato.<span class=\"_ _75\"> </span>Si <span class=\"ls3\">noti</span> infine che la suddivi<span class=\"_ _0\"></span>sione dei ricavi per ar<span class=\"_ _0\"></span>ea geografica \u00e8 ripor<span class=\"_ _0\"></span>tata nel paragrafo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ff6\">\u201c</span>2.1. Ricavi da contratti con <span class=\"_ _0\"></span>clienti<span class=\"ff6\">\u201d</span>. <span class=\"_ _6f\"> </span><span class=\"ff5\">Gestione del capitale </span>Ai <span class=\"_ _4\"></span>fini <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>gestione <span class=\"_ _5\"></span>del <span class=\"_ _4\"></span>capitale<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>del <span class=\"_ _5\"></span>Gruppo, <span class=\"_ _4\"></span>si <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _5\"></span>definito <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _4\"></span>comprende <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>capitale <span class=\"_ _4\"></span>social<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>emesso, <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>azioni <span class=\"_ _5\"></span>privilegiate<span class=\"_ _75\"> </span>convertibili, la <span class=\"_ _8\"></span>riserva<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sovraprezzo<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>azioni e <span class=\"_ _8\"></span>tutte le <span class=\"_ _8\"></span>altre<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>riserve di <span class=\"_ _8\"></span>ca<span class=\"_ _0\"></span>pitale <span class=\"_ _2\"></span>attribuibili agli <span class=\"_ _2\"></span>azionisti <span class=\"_ _2\"></span>della<span class=\"_ _0\"></span> Societ\u00e0 Capogruppo<span class=\"ff6\">. L\u2019obiettivo<span class=\"_ _75\"> </span></span>principale della gestione del capitale \u00e8<span class=\"_ _0\"></span> massimizzare il valore per gli azionisti. <span class=\"_ _0\"></span><span class=\"ls3\">La </span>Societ\u00e0 gestisce la <span class=\"_ _0\"></span>struttura patrimoniale <span class=\"_ _0\"></span>ed effettua<span class=\"_ _75\"> </span>aggiustamenti <span class=\"_ _5\"></span>in <span class=\"_ _4\"></span>base <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>condizioni <span class=\"_ _5\"></span>economiche <span class=\"_ _5\"></span>ed <span class=\"_ _4\"></span>ai <span class=\"_ _5\"></span>requisiti <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>covenants <span class=\"_ _5\"></span>finanziari. <span class=\"_ _5\"></span>Allo <span class=\"_ _5\"></span>scopo <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>man<span class=\"_ _0\"></span>tenere <span class=\"_ _5\"></span>o <span class=\"_ _4\"></span>rettific<span class=\"_ _3\"></span>are <span class=\"_ _5\"></span>la<span class=\"_ _75\"> </span>struttura <span class=\"_ _5\"></span>patr<span class=\"_ _0\"></span>imoniale, <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>Capogruppo <span class=\"_ _9\"> </span>potrebbe <span class=\"_ _5\"></span>intervenire <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>dividendi <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"></span>agli <span class=\"_ _5\"></span>azionisti, <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>imborsare <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>capitale <span class=\"_ _5\"> </span>agli <span class=\"_ _5\"> </span>azion<span class=\"_ _0\"></span>isti <span class=\"_ _4\"></span>o<span class=\"_ _75\"> </span>emettere <span class=\"_ _0\"></span>nuove <span class=\"_ _0\"></span>azioni.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">La</span> <span class=\"_ _0\"></span>Societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>Capogruppo <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>olla <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>utilizzand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>gearing <span class=\"_ _0\"></span>ratio,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costituito <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>rappor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>debito<span class=\"_ _75\"> </span>netto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>totale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _0\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>debito <span class=\"_ _0\"></span>netto. <span class=\"_ _3\"></span>La <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>litica <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>consiste <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>antenere <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>inferiore <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>%. <span class=\"_ _0\"></span>Nel<span class=\"_ _75\"> </span>202<span class=\"ls0\">5 tale rapporto <span class=\"_ _0\"></span>si attesta attorno al 2<span class=\"_ _0\"></span>6% (21% al 31 dicembr<span class=\"_ _0\"></span>e 2024<span class=\"_ _0\"></span><span class=\"ls5\">).</span></span><table class=\"s w323 h27a\" id=\"_24e44a67-e9ec-485f-8968-87fc8814d0fa\"><tr><td></td><td class=\"c x1de y1690 w1d7 h1e4\"><div class=\"t m0 x7d h5 y217 ff5 fs0 fc1 sc0 ls3 ws0\">202<span class=\"ls0\">5</span><span class=\"ls0\"> </span></div></td><td class=\"c x1df y1690 w1d8 h1e4\"><div class=\"t m0 x73 h5 y217 ff5 fs0 fc1 sc0 ls3 ws0\">202<span class=\"ls0\">4</span><span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1691 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Finanziamenti fruttifer<span class=\"_ _0\"></span>i e prestiti diversi da azion<span class=\"_ _0\"></span>i privilegiate conver<span class=\"_ _0\"></span>tibili <span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1691 w1d7 h3b\"><div class=\"t m0 x27 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">85.370.340 </span> </div></td><td class=\"c x1df y1691 w1d8 h3b\"><div class=\"t m0 x27 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">53.355.147</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1692 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per Lease<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1692 w1d7 h3b\"><div class=\"t m0 x95 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.290.256 </span> </div></td><td class=\"c x1df y1692 w1d8 h3b\"><div class=\"t m0 x95 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.172.743</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1693 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Meno: disponibilit\u00e0 liqu<span class=\"_ _0\"></span>ide e depositi a br<span class=\"_ _0\"></span>eve termine<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1693 w1d7 h3b\"><div class=\"t m0 x1c h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">38.882.901</span>)  </div></td><td class=\"c x1df y1693 w1d8 h3b\"><div class=\"t m0 x1c h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">19.210.213</span>)  </div></td></tr><tr><td class=\"c x195 y1694 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Meno: attivit\u00e0 finanziarie cor<span class=\"_ _0\"></span>renti </div></td><td class=\"c x1de y1694 w1d7 h3b\"><div class=\"t m0 x4a h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1df y1694 w1d8 h3b\"><div class=\"t m0 x4a h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\"> </span><span class=\"ls4\">  </span> </div></td></tr><tr><td class=\"c x195 y1695 w1d6 h3b\"><div class=\"t m0 x2b h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">Debito netto </div></td><td class=\"c x1de y1695 w1d7 h3b\"><div class=\"t m0 x27 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">47.896.086</span>  </div></td><td class=\"c x1df y1695 w1d8 h3b\"><div class=\"t m0 x27 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">35.317.677</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1696 w1d6 h1e5\"><div class=\"t m0 x2b h4 yf9b ff4 fs0 fc1 sc0 ls0 ws0\">Patrimonio netto<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1696 w1d7 h1e5\"><div class=\"t m0 x40 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">134.205.722</span>  </div></td><td class=\"c x1df y1696 w1d8 h1e5\"><div class=\"t m0 x40 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">132.059.779</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1697 w1d6 h3a\"><div class=\"t m0 x2b h5 y1134 ff5 fs0 fc1 sc0 ls0 ws0\">Capitale e debit<span class=\"_ _0\"></span>o netto </div></td><td class=\"c x1de y1697 w1d7 h3a\"><div class=\"t m0 x40 h5 y1135 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">182.101.808 </span> </div></td><td class=\"c x1df y1697 w1d8 h3a\"><div class=\"t m0 x40 h5 y1135 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">167.377.456</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1698 w1d9 h15a\"><div class=\"t m0 x2b h4 yc68 ff4 fs0 fc1 sc0 ls0 ws0\">Gearing ratio </div></td><td class=\"c x1de y1698 w1d7 h15a\"><div class=\"t m0 x24 h4 ya69 ff4 fs0 fc1 sc0 ls3 ws0\">26%<span class=\"ls0\"> </span></div></td><td class=\"c x1df y1698 w1da h15a\"><div class=\"t m0 x24 h4 ya69 ff4 fs0 fc1 sc0 ls3 ws0\">21%<span class=\"ls0\"> </span></div></td></tr></table> <span class=\"_ _6f\"> </span><span class=\"ff5\">Gestione dei rischi fi<span class=\"_ _2\"></span>nanziari<span class=\"_ _75\"> </span></span>1.7.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di liq<span class=\"_ _0\"></span>uidit\u00e0<span class=\"_ _75\"> </span></span></span>Il Gruppo <span class=\"_ _2\"></span>monitora il <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ischio di <span class=\"_ _8\"></span>una carenza di <span class=\"_ _2\"></span>liquidit\u00e0 utilizzando <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>no strumento di <span class=\"_ _8\"></span>pianificazione<span class=\"_ _0\"></span> della <span class=\"_ _2\"></span>liquidit\u00e0.  <span class=\"_ _8\"></span>L\u2019obi<span class=\"_ _0\"></span><span class=\"ff4\">ett<span class=\"_ _0\"></span>ivo del <span class=\"_ _8\"></span>Grup<span class=\"_ _0\"></span>po<span class=\"_ _75\"> </span></span>\u00e8 quello di mantenere u<span class=\"_ _0\"></span>n equilibrio tra continuit\u00e0 nella disponibilit\u00e0 di fondi e flessibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo attrav<span class=\"_ _0\"></span><span class=\"ff6\">erso l\u2019utilizzo di strumen<span class=\"_ _0\"></span>ti quali<span class=\"_ _75\"> </span></span>affidamenti e <span class=\"_ _2\"></span>prestiti bancari, <span class=\"_ _2\"></span>mutui e <span class=\"_ _2\"></span>obbligazioni. La <span class=\"_ _2\"></span>politica del <span class=\"_ _2\"></span>Grup<span class=\"_ _0\"></span>po \u00e8 <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>ella di <span class=\"_ _8\"></span>manten<span class=\"_ _0\"></span>ere nell\u2019intorno del <span class=\"_ _8\"></span>60<span class=\"_ _0\"></span>% <span class=\"_ _2\"></span>il to<span class=\"ff4\">tale dei prestiti<span class=\"_ _75\"> </span></span>in scadenza <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>prossimi 12 <span class=\"_ _0\"></span>mesi<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Al 31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5<span class=\"ls4\">, </span>il <span class=\"_ _0\"></span><span class=\"ls3\">15,1</span>% <span class=\"_ _0\"></span>del de<span class=\"_ _0\"></span>bito finan<span class=\"_ _0\"></span>ziario <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>inferiore ad<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span> anno<span class=\"_ _75\"> </span>(2024<span class=\"ls4\">: <span class=\"ls3\">34,3<span class=\"lsb\">%)</span></span></span>, calcolato<span class=\"_ _0\"></span> sulla ba<span class=\"_ _0\"></span>se del valore contabile dei deb<span class=\"_ _0\"></span>iti nella situazione<span class=\"_ _0\"></span> finanziaria consol<span class=\"_ _0\"></span>idata. La  tabella <span class=\"_ _7\"> </span>sottostante  riassume <span class=\"_ _7\"> </span>il  profilo <span class=\"_ _7\"> </span>di  scadenza <span class=\"_ _7\"> </span>delle  passivit\u00e0 <span class=\"_ _7\"> </span>finanziarie  del <span class=\"_ _7\"> </span>Gruppo  sulla  base <span class=\"_ _7\"> </span>dei <span class=\"_ _7\"> </span>pagamenti  previs<span class=\"_ _3\"></span>ti<span class=\"_ _75\"> </span>contrattualmente non a<span class=\"_ _0\"></span>ttualizzati.<table class=\"s w324 h27d\" id=\"_0fd408ed-b24b-4479-bc99-c0f5462a7c65\"><tr><td class=\"c x195 y16a0 w1db h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e0 y16a0 w1dc h24\"><div class=\"t m0 x95 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y16a0 w1dd h24\"><div class=\"t m0 x5d h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y16a0 w1dd h24\"><div class=\"t m0 x66 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 5 anni<span class=\"_ _0\"></span> </div></td><td class=\"c x1e2 y16a0 w34 h24\"><div class=\"t m0 x72 h151 y588 ff5 fs0 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y16a1 w1db hc\"><div class=\"t m0 x2b h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y16a2 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche non corr<span class=\"_ _0\"></span>enti </div></td><td class=\"c x1e0 y16a2 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.736.116 </span> </div></td><td class=\"c x1c8 y16a2 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a2 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">71.416.146 </span> </div></td><td class=\"c x1e2 y16a2 w34 hc\"><div class=\"t m0 x6b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.319.970 </span> </div></td></tr><tr><td class=\"c x195 y16a3 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a3 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1c8 y16a3 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1e1 y16a3 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a3 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a4 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease non corren<span class=\"_ _0\"></span>ti </div></td><td class=\"c x1e0 y16a4 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">899.666 </span> </div></td><td class=\"c x1c8 y16a4 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a4 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">858.556 </span> </div></td><td class=\"c x1e2 y16a4 w34 hc\"><div class=\"t m0 x49 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">41.110 </span> </div></td></tr><tr><td class=\"c x195 y16a5 w1db hc\"><div class=\"t m0 x2b h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a5 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1c8 y16a5 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1e1 y16a5 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a5 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a6 w1db h1d5\"><div class=\"t m0 x2b h5 yf9b ff5 fs0 fc1 sc0 ls0 ws0\">Totale passiv<span class=\"_ _0\"></span>it\u00e0 finanziarie </div></td><td class=\"c x1e0 y16a6 w1dc h1d5\"><div class=\"t m0 x31 h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">86.778.987 </span> </div></td><td class=\"c x1c8 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">13.143.204 </span> </div></td><td class=\"c x1e1 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.274.702 </span> </div></td><td class=\"c x1e2 y16a6 w34 h1d5\"><div class=\"t m0 x6b h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.361.081 </span> </div></td></tr></table><table class=\"s w324 h27c\" id=\"_d799703f-4ef2-4f4f-94b9-cadcae40a408\"><tr><td class=\"c x195 y1699 w1db h29\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1e0 y1699 w1dc h29\"><div class=\"t m0 xf h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1699 w1dd h29\"><div class=\"t m0 x66 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y1699 w1dd h29\"><div class=\"t m0 x31 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 5 anni </div></td><td class=\"c x1e2 y1699 w34 h29\"><div class=\"t m0 x49 h171 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y169a w1db h3b\"><div class=\"t m0 x2b h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y169b w1db h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1e0 y169b w1dc h39\"><div class=\"t m0 x15 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td><td class=\"c x1c8 y169b w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169b w1dd h39\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 33.378.530  </div></td><td class=\"c x1e2 y169b w34 h39\"><div class=\"t m0 x76 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.609.247  </div></td></tr><tr><td class=\"c x195 y169c w1db h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1e0 y169c w1dc h3a\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1c8 y169c w1dd h3a\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1e1 y169c w1dd h3a\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169c w34 h3a\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169d w1db h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1e0 y169d w1dc h39\"><div class=\"t m0 x27 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 847.512  </div></td><td class=\"c x1c8 y169d w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169d w1dd h39\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 831.668  </div></td><td class=\"c x1e2 y169d w34 h39\"><div class=\"t m0 x4b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 15.844  </div></td></tr><tr><td class=\"c x195 y169e w1db h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1e0 y169e w1dc h3b\"><div class=\"t m0 x27 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1c8 y169e w1dd h3b\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1e1 y169e w1dd h3b\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169e w34 h3b\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169f w1db h1e5\"><div class=\"t m0 x2b h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1e0 y169f w1dc h1e5\"><div class=\"t m0 x15 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 54.527.890  </div></td><td class=\"c x1c8 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 18.692.600  </div></td><td class=\"c x1e1 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 34.210.198  </div></td><td class=\"c x1e2 y169f w34 h1e5\"><div class=\"t m0 x76 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 1.625.091  </div></td></tr></table>Si segnala che, a <span class=\"_ _2\"></span>sostegno degli importan<span class=\"_ _0\"></span>ti investimenti in <span class=\"_ _2\"></span>corso, finanziati, per la parte sostenuta nel 2024, tramite la cassa generata<span class=\"_ _75\"> </span>dalla gestione <span class=\"_ _0\"></span>operativa <span class=\"_ _0\"></span>del business, <span class=\"_ _0\"></span>la Capogr<span class=\"_ _0\"></span>uppo sta <span class=\"_ _0\"></span>valutando <span class=\"_ _0\"></span>la sottoscrizione <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span>nuovo fina<span class=\"_ _0\"></span>nziamento banca<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a coper<span class=\"_ _0\"></span>tura<span class=\"_ _75\"> </span>degli investimenti ancora da e<span class=\"_ _0\"></span>ffettuare<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>1.7.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di tas<span class=\"_ _0\"></span>so di interesse </span></span>Il rischio <span class=\"_ _0\"></span>di tasso <span class=\"_ _0\"></span>di intesse <span class=\"_ _0\"></span>\u00e8 funzione de<span class=\"_ _0\"></span>ll\u2019andamento dei <span class=\"_ _0\"></span>tassi di <span class=\"_ _0\"></span>interesse <span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>posizioni aziendali <span class=\"_ _0\"></span>ad esso <span class=\"_ _0\"></span>connesse, id<span class=\"_ _3\"></span><span class=\"ff4\">entificabili <span class=\"_ _0\"></span>in<span class=\"_ _75\"> </span></span>investimenti obbliga<span class=\"_ _0\"></span>zionari <span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>operazioni <span class=\"_ _0\"></span>di indebitam<span class=\"_ _0\"></span>ento. Il<span class=\"_ _0\"></span> rischio <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>costituito da<span class=\"_ _0\"></span>ll\u2019aumento degli<span class=\"_ _0\"></span> oner<span class=\"_ _0\"></span>i fina<span class=\"_ _3\"></span><span class=\"ff4\">nziari conne<span class=\"_ _0\"></span>ssi al <span class=\"_ _0\"></span>rialzo<span class=\"_ _75\"> </span></span>dei tassi di interesse.<span class=\"_ _75\"> </span>Tale rischio pu\u00f2 essere diver<span class=\"_ _0\"></span>samente indicato in<span class=\"_ _0\"></span> funzione del para<span class=\"_ _0\"></span>metro di valutazione:<span class=\"_ _75\"> </span>\u2022<span class=\"ff4\"> <span class=\"_ _1e\"> </span></span>Rischio Cash F<span class=\"_ _0\"></span>low: es<span class=\"_ _0\"></span>so \u00e8 <span class=\"_ _0\"></span>legato all\u2019eventualit\u00e0 <span class=\"_ _0\"></span>di rea<span class=\"_ _0\"></span>lizzare perdit<span class=\"_ _0\"></span>e conne<span class=\"_ _0\"></span>sse o <span class=\"_ _0\"></span>alla riduzione <span class=\"_ _0\"></span>degli incassi <span class=\"_ _0\"></span>previsti oppu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span><span class=\"ff4 ls9\">e<span class=\"_ _75\"> </span></span>all\u2019aumento <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>costi <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>i. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>collega<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ofili <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>pagamento <span class=\"_ _0\"></span>indicizzati <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>tassi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>mercato. <span class=\"_ _0\"></span>Al <span class=\"_ _3\"></span>variare<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _0\"></span><span class=\"ls3\">di</span> <span class=\"_ _0\"></span>tali <span class=\"_ _3\"></span>tassi,<span class=\"_ _75\"> </span></span>varier\u00e0 la posizione dell\u2019a<span class=\"_ _0\"></span>zienda (fina<span class=\"_ _0\"></span>nziamento a tasso variabile)<span class=\"_ _75\"> </span>\u2022<span class=\"ff4\"> <span class=\"_ _1e\"> </span></span>Rischio F<span class=\"_ _0\"></span>air <span class=\"_ _0\"></span>Value: esso <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>lega<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>all\u2019eventualit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>connesse <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>variazione <span class=\"_ _0\"></span>inattesa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span><span class=\"ff4\">di<span class=\"_ _75\"> </span></span>una passivit\u00e0 a seguito d<span class=\"_ _0\"></span>i una improvvisa va<span class=\"_ _0\"></span>riazione dei tassi. 1.7.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di cr<span class=\"_ _0\"></span>edito<span class=\"_ _75\"> </span></span></span>\u00c8 <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rischio <span class=\"_ _9\"> </span>che <span class=\"_ _5\"></span>un <span class=\"_ _9\"> </span>cliente <span class=\"_ _5\"></span>o <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>contropar<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>uno <span class=\"_ _5\"></span>strumento <span class=\"_ _9\"> </span>finanziario <span class=\"_ _5\"></span>causi <span class=\"_ _9\"> </span>una <span class=\"_ _5\"></span>perdita <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _5\"></span>non <span class=\"_ _9\"> </span>adempiendo<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ls3\">ad<span class=\"_ _75\"> </span></span>un\u2019obbligazione;<span class=\"ff4\"> il <span class=\"_ _8\"></span>rischio \u00e8 <span class=\"_ _2\"></span>insito principalmente <span class=\"_ _8\"></span>nel mancato <span class=\"_ _8\"></span>in<span class=\"_ _0\"></span>casso dei <span class=\"_ _8\"></span>crediti commerciali. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>principali controparti del <span class=\"_ _2\"></span>Gruppo sono<span class=\"_ _75\"> </span></span>primarie <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _4\"></span>attive <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>settore <span class=\"_ _4\"></span>della <span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>traceutica <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>farmaceutica<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>multinazionali<span class=\"ls4\">. <span class=\"_ _4\"></span></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _4\"></span>inoltre, <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>attentam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>lo<span class=\"_ _75\"> </span>standing <span class=\"_ _0\"></span>creditizio <span class=\"_ _0\"></span>della<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>propria <span class=\"_ _0\"></span>clientela <span class=\"_ _0\"></span>anche<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>considerando <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>natura <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rappor<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i cl<span class=\"_ _0\"></span>ienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> lung<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span>periodo.<span class=\"_ _75\"> </span>1.7.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di <span class=\"_ _0\"></span>prezzo<span class=\"_ _75\"> </span></span></span>Viene <span class=\"_ _9\"> </span>mitigato <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>solida <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>ocedura <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>contabilit\u00e0 <span class=\"_ _9\"> </span>industriale <span class=\"_ _9\"> </span>utile <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>iden<span class=\"_ _0\"></span>tificare <span class=\"_ _9\"> </span>correttamente <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>costo <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>prod<span class=\"_ _3\"></span>uzione,<span class=\"_ _75\"> </span>attraverso il quale possono esse<span class=\"_ _0\"></span>re stabiliti e adottati p<span class=\"_ _0\"></span>rezzi remune<span class=\"_ _0\"></span>rativi e competitivi presso i<span class=\"_ _0\"></span>l cliente<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>1.7.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di var<span class=\"_ _0\"></span>iazione dei flussi finanziar<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span></span>Non <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>signifi<span class=\"_ _0\"></span>cativo <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsiderazione <span class=\"_ _4\"></span>della <span class=\"_ _3\"></span>struttura <span class=\"_ _4\"></span>patrimoniale <span class=\"_ _3\"></span>della<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Societ\u00e0. <span class=\"_ _4\"></span>Si <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>itiene <span class=\"_ _4\"></span>pertanto <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _3\"></span>a<span class=\"_ _4\"></span> <span class=\"_ _3\"></span><span class=\"ff6\">cui <span class=\"_ _3\"></span>l\u2019attivit<span class=\"_ _0\"></span>\u00e0<span class=\"_ _75\"> </span></span>aziendale \u00e8 esposta non siano <span class=\"_ _0\"></span>complessivam<span class=\"_ _0\"></span>ente superiori a que<span class=\"_ _0\"></span>lli fisiologicamente connes<span class=\"_ _0\"></span>si al complessivo r<span class=\"_ _0\"></span>ischio <span class=\"_ _0\"></span><span class=\"ff6\">d\u2019imp<span class=\"_ _0\"></span>resa</span>.<span class=\"_ _75\"> </span>1.7.6<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi fiscali<span class=\"_ _75\"> </span></span></span>Le societ\u00e0 del Gruppo sono so<span class=\"_ _0\"></span>ggette al sistema di tassazione previsto dalla nor<span class=\"_ _0\"></span>mativa fiscale italiana vigente. Modifiche sf<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>vorevoli a<span class=\"_ _75\"> </span>tale <span class=\"_ _4\"></span>norm<span class=\"_ _0\"></span>ativa, <span class=\"_ _4\"></span>nonch\u00e9 <span class=\"_ _5\"></span>qualsia<span class=\"_ _0\"></span>si <span class=\"_ _4\"></span>or<span class=\"_ _0\"></span>ientamento <span class=\"_ _5\"></span>delle <span class=\"_ _4\"></span>autor<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _4\"></span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _4\"></span>italiane <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>giurisprudenz<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>con <span class=\"_ _5\"></span>riferimento<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>all<span class=\"_ _3\"></span>'applica<span class=\"_ _0\"></span>zione,<span class=\"_ _75\"> </span>interpretazione <span class=\"_ _5\"></span>della <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>rmativa <span class=\"_ _5\"></span>fiscale <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>ordine <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>carico <span class=\"_ _5\"></span>fiscale <span class=\"_ _5\"> </span>(Im<span class=\"_ _0\"></span>posta <span class=\"_ _5\"></span>sul <span class=\"_ _4\"></span>Redd<span class=\"_ _0\"></span>ito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>\u201c<span class=\"_ _3\"></span>IRES\u201d,<span class=\"_ _75\"> </span>Imposta <span class=\"_ _3\"></span>Regionale <span class=\"_ _3\"></span>Attivit\u00e0 <span class=\"_ _0\"></span>Produ<span class=\"_ _0\"></span>ttive <span class=\"_ _3\"></span>\u201cIRAP\u201d) <span class=\"_ _0\"></span>nonch<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>dell\u2019Imposta <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>Valore <span class=\"_ _3\"></span>Aggiunto <span class=\"_ _0\"></span>\u201c<span class=\"_ _0\"></span>IVA\u201d, <span class=\"_ _3\"></span>potrebbe<span class=\"_ _3\"></span><span class=\"ff4\">ro <span class=\"_ _3\"></span>avere <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>nega<span class=\"_ _0\"></span>tivi<span class=\"_ _75\"> </span></span>rilevanti sulla situazione eco<span class=\"_ _0\"></span>nomica, patrimo<span class=\"_ _0\"></span>niale e finanziaria delle st<span class=\"_ _0\"></span>esse.<span class=\"_ _75\"> </span>Nello <span class=\"_ _8\"></span>svolgimento della <span class=\"_ _8\"></span>propria <span class=\"_ _2\"></span>attivit\u00e0, <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"></span>\u00e8 esposto <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>l\u2019amministr<span class=\"_ _0\"></span>azione <span class=\"_ _8\"></span>finan<span class=\"_ _0\"></span>ziaria o <span class=\"_ _8\"></span>la <span class=\"_ _8\"></span>giurispruden<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span><span class=\"ff4\">a <span class=\"_ _2\"></span>addivengano<span class=\"_ _75\"> </span></span>\u2013<span class=\"ff4\"> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>relazione <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>legislazione <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>materia <span class=\"_ _4\"></span>fiscale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>tributaria <span class=\"_ _4\"></span></span>\u2013<span class=\"ff4\"> <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rpretazioni <span class=\"_ _3\"></span>o <span class=\"_ _4\"></span>posizioni <span class=\"_ _0\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>rispetto <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uelle <span class=\"_ _3\"></span>fatte <span class=\"_ _4\"></span>proprie <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>l<span class=\"_ _75\"> </span></span>Gruppo  Fine <span class=\"_ _7\"> </span>Foods  nello <span class=\"_ _7\"> </span>svolgimento  della <span class=\"_ _7\"> </span>propria  attivit\u00e0.  La <span class=\"_ _7\"> </span>legislazione  fiscale <span class=\"_ _7\"> </span>e  tributaria, <span class=\"_ _7\"> </span>nonch\u00e9  la <span class=\"_ _7\"> </span>sua  interpretazio<span class=\"_ _3\"></span>ne,<span class=\"_ _75\"> </span>costituiscono elementi di particolare complessit\u00e0, anche a causa della continua <span class=\"_ _2\"></span>evoluzione della normat<span class=\"_ _0\"></span>iva stessa e della sua <span class=\"_ _2\"></span>esegesi<span class=\"_ _75\"> </span>da parte degli organi a<span class=\"_ _0\"></span>mministrativi e giurisdizional<span class=\"_ _0\"></span>i preposti.<span class=\"_ _75\"> </span>Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _7\"> </span>sar\u00e0 <span class=\"_ _9\"> </span>periodicam<span class=\"_ _0\"></span>ente <span class=\"_ _7\"> </span>sottoposto <span class=\"_ _7\"> </span>ad <span class=\"_ _9\"> </span>accertamen<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _9\"> </span>la <span class=\"_ _7\"> </span>corretta <span class=\"_ _9\"> </span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>tale <span class=\"_ _7\"> </span>normativa <span class=\"_ _7\"> </span>e <span class=\"_ _9\"> </span>il <span class=\"_ _7\"> </span>corre<span class=\"_ _3\"></span><span class=\"ls4\">tto<span class=\"_ _75\"> </span></span>pagamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>imposte. <span class=\"_ _4\"></span>In <span class=\"_ _4\"></span>caso <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>testazioni <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>autorit\u00e0 <span class=\"_ _4\"></span>tributarie <span class=\"_ _4\"></span>italiane <span class=\"_ _4\"></span>o <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>re, <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>potrebbe<span class=\"_ _0\"></span>ro<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>essere<span class=\"_ _75\"> </span>coinvolte in lunghi procedimenti, r<span class=\"_ _0\"></span>isultanti nel pagamen<span class=\"_ _0\"></span>to di penali o sanzioni, con possibili effetti ne<span class=\"_ _0\"></span>gativi rilevanti sul<span class=\"_ _3\"></span><span class=\"ff6\">l\u2019attivit\u00e0, nonch\u00e9<span class=\"_ _75\"> </span></span>sulla situazione econom<span class=\"_ _0\"></span>ica, patrimon<span class=\"_ _0\"></span>iale e finanziaria dello ste<span class=\"_ _0\"></span>sso.<span class=\"_ _75\"> </span>In <span class=\"_ _0\"></span>considerazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>complessit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tinuo <span class=\"_ _0\"></span>mutamento <span class=\"_ _3\"></span>dell<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>normativa <span class=\"_ _3\"></span>fiscale <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>tributaria, <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>interpr<span class=\"_ _0\"></span>et<span class=\"_ _3\"></span>azione,<span class=\"_ _75\"> </span>non \u00e8 quindi possibile <span class=\"_ _2\"></span>escludere che l\u2019amministrazione finanziaria o la giurisprudenza possano in futuro addivenire a inter<span class=\"ff4\">pr<span class=\"_ _0\"></span>etazioni, o<span class=\"_ _75\"> </span></span>assumere <span class=\"_ _4\"></span>posizioni, <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>contrasto <span class=\"_ _3\"></span>con <span class=\"_ _4\"></span>quelle <span class=\"_ _4\"></span><span class=\"ls3\">adottate <span class=\"_ _3\"></span>dal <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>nello <span class=\"_ _3\"></span>svolgimento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>propria <span class=\"_ _4\"></span>attivit\u00e0, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>possibili <span class=\"_ _3\"></span>conseguenze<span class=\"_ _75\"> </span></span>negative sulla situazione eco<span class=\"_ _0\"></span>nomica, patr<span class=\"_ _0\"></span>imoniale e finanziaria dell<span class=\"_ _0\"></span>a stessa.<span class=\"_ _75\"> </span>1.7.7<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff19\">Rischi legati all\u2019a<span class=\"_ _0\"></span>ffidabilit\u00e0 del sistema i<span class=\"_ _0\"></span>nformativo<span class=\"_ _75\"> </span></span></span>Il<span class=\"ls0\"> <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>esposto <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>verif<span class=\"_ _0\"></span>ichino <span class=\"_ _0\"></span>eventi <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>cidentali <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>dolose <span class=\"_ _0\"></span>inerenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>inform<span class=\"_ _0\"></span>atico <span class=\"_ _0\"></span>(hardware, <span class=\"_ _4\"></span>software,<span class=\"_ _75\"> </span></span>banche dati, etc.) che <span class=\"_ _2\"></span>ne impattino l'affidabilit\u00e0, con <span class=\"_ _2\"></span>potenziali effetti negativi sulla situazione <span class=\"_ _2\"></span>economica, patrimon<span class=\"_ _0\"></span>iale e finanziaria del<span class=\"_ _75\"> </span>Gruppo.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>procedur<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>policy <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>sicurezza <span class=\"_ _3\"></span>atte <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rantire <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>corrett<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>gestione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>sistemi <span class=\"_ _3\"></span>informatici. <span class=\"_ _0\"></span>\u00c8 <span class=\"_ _3\"></span>inolt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dotato <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>apparati <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>sicurezza <span class=\"_ _5\"></span>perimetrale <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>inte<span class=\"_ _0\"></span>rna. <span class=\"_ _4\"></span>Le <span class=\"_ _4\"></span>infrastrutture <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>equipagg<span class=\"_ _0\"></span>iate <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>sistemi <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>alta <span class=\"_ _4\"></span>affidab<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _4\"></span>per <span class=\"_ _9\"> </span>i <span class=\"_ _4\"></span>sistemi <span class=\"_ _4\"></span>critici <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span>vengono <span class=\"_ _8\"></span>ver<span class=\"_ _0\"></span>ificate <span class=\"_ _8\"></span>con frequenza <span class=\"_ _8\"></span>annuale. P<span class=\"_ _2\"></span>eriodicamente la <span class=\"_ _8\"></span>funzione <span class=\"_ _2\"></span>IT <span class=\"_ _2\"></span>effettua <span class=\"_ _2\"></span>simulazione <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>attacchi esterni <span class=\"_ _8\"></span>per <span class=\"_ _8\"></span>ver<span class=\"_ _0\"></span>ifica<span class=\"_ _0\"></span>re <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>tenuta<span class=\"_ _75\"> </span>del <span class=\"_ _2\"></span>sistema <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>protezione. Dal <span class=\"_ _8\"></span>punto di <span class=\"_ _8\"></span>vista di <span class=\"_ _8\"></span>gestione dei <span class=\"_ _8\"></span>rischi, <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>un <span class=\"_ _2\"></span>piano di <span class=\"_ _8\"></span>dis<span class=\"_ _0\"></span>aster <span class=\"_ _8\"></span>recovery atto <span class=\"_ _8\"></span>a garantire <span class=\"_ _2\"></span>l'affidabilit\u00e0<span class=\"_ _75\"> </span>dei sistemi informatici, ino<span class=\"_ _0\"></span>ltre i sistemi IT<span class=\"_ _0\"></span> del Gruppo sono confor<span class=\"_ _0\"></span>mi alle normative GDPR per<span class=\"_ _0\"></span> la protezione d<span class=\"_ _0\"></span>ei dati.<span class=\"_ _75\"> </span>La <span class=\"_ _0\"></span>funzione <span class=\"_ _0\"></span>sistemi <span class=\"_ _0\"></span>informativi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>soggetta, <span class=\"_ _0\"></span>inoltre, <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>audit <span class=\"_ _0\"></span>interni <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>funzione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Quality <span class=\"_ _0\"></span>Assurance <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>est<span class=\"_ _3\"></span>erni <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>enti certificatori e clienti.<span class=\"_ _75\"> </span>1.7.8<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai conflitti geopolitici in co<span class=\"_ _0\"></span>rso<span class=\"_ _75\"> </span></span></span>Il Gruppo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>esposto a<span class=\"_ _0\"></span>l poss<span class=\"_ _0\"></span>ibile ri<span class=\"_ _0\"></span>schio di<span class=\"_ _0\"></span> cancella<span class=\"_ _0\"></span>zione o<span class=\"_ _0\"></span> sospens<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di ordini<span class=\"_ _0\"></span> per <span class=\"_ _0\"></span>prodotti <span class=\"_ _0\"></span>esportat<span class=\"_ _0\"></span>i in pa<span class=\"_ _0\"></span>esi in<span class=\"_ _0\"></span> guer<span class=\"_ _0\"></span>ra (<span class=\"_ _4\"></span>es. Conflitto<span class=\"_ _75\"> </span>Russia-Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>zone <span class=\"_ _3\"></span>limitrofe) <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>impatti <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>BU <span class=\"_ _3\"></span>Nutra. <span class=\"_ _3\"></span>Il <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>monitora <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>amite <span class=\"_ _3\"></span>continui <span class=\"_ _3\"></span>contatt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>che<span class=\"_ _75\"> </span>esportano nelle zone inter<span class=\"_ _0\"></span>essate dal conflitto in m<span class=\"_ _0\"></span>odo da gestire pu<span class=\"_ _0\"></span>ntualmente le eventua<span class=\"_ _0\"></span>li criticit\u00e0.<span class=\"_ _75\"> </span>L\u2019evoluzione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>conflitti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>tensioni <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>corso <span class=\"_ _4\"></span>nell\u2019area <span class=\"_ _3\"></span>Medio<span class=\"_ _0\"></span><span class=\"ff4\">-<span class=\"_ _0\"></span>Orientale <span class=\"_ _4\"></span>potrebbe <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minare <span class=\"_ _3\"></span>una <span class=\"_ _4\"></span>crescente <span class=\"_ _4\"></span>instabilit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>nuove<span class=\"_ _75\"> </span></span>complessit\u00e0 geopolitiche. Fine <span class=\"_ _2\"></span>Foods ed <span class=\"_ _2\"></span>i suoi <span class=\"_ _2\"></span>clienti principali hanno <span class=\"_ _2\"></span>una esposizione molto <span class=\"_ _2\"></span>limitata nelle aree <span class=\"_ _2\"></span>ad oggi interessate dal<span class=\"_ _75\"> </span>conflitto; il Gruppo monitora co<span class=\"_ _0\"></span>stantemente <span class=\"_ _0\"></span>i potenziali effetti che lo<span class=\"_ _0\"></span> stesso potrebbe<span class=\"_ _0\"></span> avere sulle sue att<span class=\"_ _0\"></span>ivit\u00e0 operative.<span class=\"_ _75\"> </span>1.7.9<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi conn<span class=\"_ _0\"></span>essi alla concentr<span class=\"_ _0\"></span>azione dei ricavi del <span class=\"_ _0\"></span>Gruppo sui principali clienti<span class=\"_ _75\"> </span></span></span>Il Gruppo <span class=\"_ _0\"></span>storicamente <span class=\"_ _0\"></span>registra <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>significativa <span class=\"_ _0\"></span>concentrazione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ricavi su<span class=\"_ _0\"></span>i principal<span class=\"_ _0\"></span>i client<span class=\"_ _0\"></span>i.  <span class=\"_ _0\"></span>Pert<span class=\"_ _0\"></span>anto, il <span class=\"_ _0\"></span>venir meno<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>uno o<span class=\"_ _0\"></span> pi\u00f9 <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>tali <span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>porti <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>significativo <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>atto <span class=\"_ _3\"></span>sui <span class=\"_ _0\"></span>ricavi <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>Gruppo. <span class=\"_ _3\"></span>Inoltre, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>norma, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>contratti <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>principa<span class=\"_ _3\"></span>li <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>non<span class=\"_ _75\"> </span>sempre <span class=\"_ _3\"></span>prevedo<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>quantitativi <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>nimi <span class=\"_ _3\"></span>garantiti. <span class=\"_ _4\"></span>Pertanto, <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>alcuna <span class=\"_ _3\"></span>certezza <span class=\"_ _3\"></span>che <span class=\"_ _5\"></span><span class=\"ff6\">\u2013</span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>costanz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tali <span class=\"_ _4\"></span>rapporti <span class=\"_ _3\"></span><span class=\"ff6\">\u2013</span> <span class=\"_ _4\"></span>negli <span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>cizi<span class=\"_ _75\"> </span>successivi l\u2019amm<span class=\"_ _0\"></span>ontare de<span class=\"_ _0\"></span>i ricavi ge<span class=\"_ _0\"></span>nerati dal <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>sia analogo o <span class=\"_ _0\"></span>superiore <span class=\"_ _0\"></span>a quelli <span class=\"_ _0\"></span>registra<span class=\"_ _3\"></span>ti negli esercizi <span class=\"_ _0\"></span>precedenti. <span class=\"_ _0\"></span>L\u2019eventuale<span class=\"_ _75\"> </span>verificarsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>tali circo<span class=\"_ _0\"></span>stanze <span class=\"_ _0\"></span>potrebbe <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>terminare <span class=\"_ _0\"></span>effetti <span class=\"_ _0\"></span>negativi <span class=\"_ _0\"></span>significativi <span class=\"_ _0\"></span>sull\u2019attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ituazione <span class=\"_ _0\"></span>economic<span class=\"_ _3\"></span><span class=\"ff4\">a, <span class=\"_ _0\"></span>patrimoniale <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>finanziaria <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>Gruppo. <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>mitiga <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>, cost<span class=\"_ _0\"></span>ruendo <span class=\"_ _0\"></span>relazioni <span class=\"_ _0\"></span>stabili <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>duratur<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>propri <span class=\"_ _0\"></span>clienti <span class=\"_ _0\"></span>volte <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>una<span class=\"_ _75\"> </span>fortissima <span class=\"_ _3\"></span>fidelizzazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>degli <span class=\"_ _4\"></span>stessi, <span class=\"_ _3\"></span>dall'altro <span class=\"_ _4\"></span>lato <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>amite <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>commer<span class=\"_ _0\"></span>ciali <span class=\"_ _3\"></span>volte <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ll'acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>M&amp;A<span class=\"_ _75\"> </span>volte all'indi<span class=\"_ _0\"></span>viduazione e<span class=\"_ _0\"></span> acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di s<span class=\"_ _0\"></span>ociet\u00e0 targe<span class=\"_ _0\"></span>t. <span class=\"_ _0\"></span>Con la <span class=\"_ _0\"></span>crescita <span class=\"_ _0\"></span>dei client<span class=\"_ _0\"></span>i sia <span class=\"_ _0\"></span>Nutra <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>Pharma e <span class=\"_ _0\"></span>con l'acqui<span class=\"_ _0\"></span>sizione del<span class=\"_ _0\"></span>la BU<span class=\"_ _75\"> </span>cosmetica, la concentrazione de<span class=\"_ _0\"></span>i ricavi, sep<span class=\"_ _0\"></span>pur ancora presente<span class=\"_ _0\"></span>, si \u00e8 diluita e sta dimin<span class=\"_ _0\"></span>uendo nel tem<span class=\"_ _0\"></span>po.<span class=\"_ _75\"> </span>1.7.10<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi con<span class=\"_ _0\"></span>nessi alla res<span class=\"_ _0\"></span>ponsabilit\u00e0 civile del pr<span class=\"_ _0\"></span>oduttore </span></span>Il Gruppo \u00e8 esposto ai rischi lega<span class=\"_ _0\"></span>ti a prodotti fab<span class=\"_ _0\"></span>bricati con qualit\u00e0 n<span class=\"_ _0\"></span>on conforme alle specifiche del <span class=\"_ _0\"></span>cliente e a<span class=\"_ _0\"></span> rischi co<span class=\"_ _0\"></span>nnessi a<span class=\"_ _0\"></span>i futuri obblighi <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>due <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ligence <span class=\"_ _3\"></span>lung<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>catena <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>fornitura, <span class=\"_ _3\"></span>esp<span class=\"_ _0\"></span>onendolo <span class=\"_ _4\"></span>ad <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>possibile <span class=\"_ _4\"></span>azione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>responsa<span class=\"_ _3\"></span>bilit\u00e0 <span class=\"_ _4\"></span>e/o <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>prete<span class=\"_ _0\"></span>se risarcitorie, con potenziali effet<span class=\"_ _0\"></span>ti negativi sulla s<span class=\"_ _0\"></span>ituazione economic<span class=\"_ _0\"></span>a, finanziaria e patr<span class=\"_ _0\"></span>imoniale del Grup<span class=\"_ _0\"></span>po. I fornitori <span class=\"_ _3\"></span>di materie prime<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>packaging <span class=\"_ _3\"></span>vengono <span class=\"_ _0\"></span>sottoposti <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>processo <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>qualificazione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>monitoraggio <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>equisiti <span class=\"_ _0\"></span>ESG, <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>sar\u00e0 <span class=\"_ _3\"></span>estesa nel 2026 anche ai fornitor<span class=\"_ _0\"></span>i di servizi.<span class=\"_ _0\"></span> Inoltre la societ\u00e0 dispone di un <span class=\"_ _0\"></span>sistema d<span class=\"_ _0\"></span>i monitoraggio a livello <span class=\"_ _0\"></span>internazionale d<span class=\"_ _0\"></span>elle allerte e delle fr<span class=\"_ _0\"></span>odi in ambito alime<span class=\"_ _3\"></span>ntare.<span class=\"_ _0\"></span> Il Gruppo ha inoltre sottoscr<span class=\"_ _0\"></span>itto con una pr<span class=\"_ _0\"></span>imaria compagnia di assi<span class=\"_ _0\"></span>curazione una polizza as<span class=\"_ _0\"></span>sicurativa co<span class=\"_ _0\"></span>n un massimale di 20<span class=\"_ _3\"></span> milioni<span class=\"_ _0\"></span> di euro per ciascun evento<span class=\"_ _0\"></span> e per anno.<span class=\"_ _0\"></span> Un'ulteriore azione <span class=\"_ _2\"></span>di mitigazione di <span class=\"_ _8\"></span>tale rischio \u00e8 <span class=\"_ _8\"></span>inclusa nel B<span class=\"_ _2\"></span>usiness Continuity P<span class=\"_ _2\"></span>lan e riguarda <span class=\"_ _2\"></span>la fo<span class=\"_ _2\"></span>rmazione continua <span class=\"_ _2\"></span>d<span class=\"_ _0\"></span>el personale coinvolto nei processi di ap<span class=\"_ _0\"></span>provvigionamen<span class=\"_ _0\"></span>to, di verifica e di realiz<span class=\"_ _0\"></span>zazione dei prodotti.    <span class=\"_ _3\"></span> 1.7.11<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi <span class=\"ff19\">con<span class=\"_ _0\"></span>nessi all\u2019autorizzazio<span class=\"_ _0\"></span>ne alla produzio<span class=\"_ _0\"></span>ne</span> </span></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>esposto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>mancata <span class=\"_ _3\"></span>approvazione, <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>istituzioni <span class=\"_ _3\"></span>go<span class=\"_ _0\"></span>vernative <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>sanitarie, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>sing<span class=\"_ _3\"></span>ole <span class=\"_ _3\"></span>fas<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> produzione che <span class=\"_ _8\"></span>caratterizzano la <span class=\"_ _8\"></span>sua attivit\u00e0, <span class=\"_ _8\"></span>laddove fosse <span class=\"_ _8\"></span>rilevato<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>mancato rispetto <span class=\"_ _8\"></span>dei requisiti <span class=\"_ _8\"></span>normativi applicabili <span class=\"_ _2\"></span>agli <span class=\"_ _2\"></span>stabilimenti e <span class=\"_ _9\"> </span>alla <span class=\"_ _7\"> </span>produzione <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>farmaci <span class=\"_ _9\"> </span>e <span class=\"_ _7\"> </span>prodotti <span class=\"_ _7\"> </span>nutraceutici, <span class=\"_ _9\"> </span>con <span class=\"_ _7\"> </span>potenziali <span class=\"_ _7\"> </span>effetti <span class=\"_ _9\"> </span>negativ<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>sulla <span class=\"_ _9\"> </span>sua<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>situ<span class=\"_ _0\"></span>azione <span class=\"_ _9\"> </span>econo<span class=\"_ _0\"></span>mica, <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>i<span class=\"_ _3\"></span>aria <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> patrimoniale. <span class=\"_ _2\"></span>Durante <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>numerosi <span class=\"_ _2\"></span>audit <span class=\"_ _2\"></span>svolti <span class=\"_ _2\"></span>da <span class=\"_ _8\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _8\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>au<span class=\"_ _0\"></span>torit\u00e0, <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>Gruppo <span class=\"_ _2\"></span>non <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>mai<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>ricevuto<span class=\"_ _3\"></span> <span class=\"_ _8\"></span>segn<span class=\"_ _0\"></span>alazioni <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>non <span class=\"_ _8\"></span>confor<span class=\"_ _0\"></span>mit\u00e0 <span class=\"_ _2\"></span>critiche.<span class=\"_ _0\"></span> Ci\u00f2 pr<span class=\"_ _0\"></span>emesso, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>compliance <span class=\"_ _0\"></span>GM<span class=\"_ _0\"></span>P <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>garantita <span class=\"_ _0\"></span>mediante <span class=\"_ _0\"></span>l'ap<span class=\"_ _0\"></span>plicazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>rigorose <span class=\"_ _0\"></span>procedu<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>qualit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>periodici <span class=\"_ _0\"></span>audit<span class=\"_ _4\"></span> interni di tipo sistematico. <span class=\"_ _0\"></span> Il Gruppo inoltre dispone d<span class=\"_ _0\"></span>i una procedur<span class=\"_ _0\"></span>a per la rapida tratt<span class=\"_ _0\"></span>azione di eventuali osservazion<span class=\"_ _0\"></span>i o deviazioni r<span class=\"_ _0\"></span>iscontrate dalle<span class=\"_ _3\"></span> autorit\u00e0. 1.7.12<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi rela<span class=\"_ _0\"></span>tivi alla normativa<span class=\"_ _0\"></span> in materia di ambien<span class=\"_ _0\"></span>te, salute e sicurezza dei lav<span class=\"_ _0\"></span>oratori<span class=\"_ _0\"></span> </span></span>Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>esposto <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>scaturente <span class=\"_ _3\"></span>dall\u2019eventuale <span class=\"_ _0\"></span>contaminazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>accidentale <span class=\"_ _3\"></span>dell\u2019ambiente <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erano <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>propri <span class=\"_ _0\"></span>dip<span class=\"_ _3\"></span><span class=\"ff4\">endenti, </span>nonch\u00e9 di possibili infortuni sul luogo di lavoro. <span class=\"_ _2\"></span>Inoltre, eventual<span class=\"_ _0\"></span>i violazioni della normativa ambientale, nonch\u00e9 l\u2019adoz<span class=\"_ _0\"></span><span class=\"ff4\">ione di sistemi di </span>prevenzione <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>protezione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>mater<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sicurezza <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>appropriato <span class=\"_ _3\"></span>alle <span class=\"_ _4\"></span>esigenze <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>Gruppo, <span class=\"_ _3\"></span>potre<span class=\"_ _0\"></span>bbe <span class=\"_ _4\"></span>comportare <span class=\"_ _4\"></span>l\u2019applicazione<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _4\"></span>di </span>sanzioni <span class=\"_ _5\"></span>amministrative <span class=\"_ _5\"></span>anche <span class=\"_ _9\"> </span>significative, <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>natur<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>monetaria <span class=\"_ _5\"></span>oppure <span class=\"_ _5\"> </span>inibitor<span class=\"_ _0\"></span>ia, <span class=\"_ _5\"></span>ivi <span class=\"_ _5\"></span>incluse <span class=\"_ _5\"></span>sospensioni <span class=\"_ _9\"> </span><span class=\"ff6\">o <span class=\"_ _5\"></span>interr<span class=\"_ _0\"></span>uzioni <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 </span>produttiva, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>tenziali <span class=\"_ _3\"></span>effetti <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>egativi <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>situa<span class=\"_ _0\"></span>zione <span class=\"_ _3\"></span>economic<span class=\"_ _0\"></span>a, <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>Gruppo.<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>Il <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>dispone <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>un robusto <span class=\"_ _2\"></span>sistema di <span class=\"_ _8\"></span>gestione<span class=\"_ _0\"></span> degli <span class=\"_ _2\"></span>standard di <span class=\"_ _8\"></span>salute e <span class=\"_ _8\"></span>s<span class=\"_ _0\"></span>icurezza <span class=\"_ _2\"></span>dei lavoratori <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>di tutela <span class=\"_ _8\"></span>ambien<span class=\"_ _0\"></span>tale del <span class=\"_ _8\"></span>contesto in <span class=\"_ _2\"></span>cui il Gruppo <span class=\"_ _8\"></span>op<span class=\"_ _0\"></span>era. Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _9\"> </span>in <span class=\"_ _9\"> </span>possesso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>certificazioni <span class=\"_ _9\"> </span>quali <span class=\"_ _9\"> </span>la <span class=\"_ _5\"> </span>ISO<span class=\"_ _0\"></span>45001:2018<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>(S&amp;SL) <span class=\"_ _5\"></span>e <span class=\"_ _9\"> </span>ISO14001:2015 <span class=\"_ _9\"> </span>(amb<span class=\"_ _3\"></span>iente) <span class=\"_ _9\"> </span>che <span class=\"_ _9\"> </span>attestano <span class=\"_ _9\"> </span>la <span class=\"_ _5\"> </span>cor<span class=\"_ _0\"></span>retta strutturazione e applicazione<span class=\"_ _0\"></span> del sistema stesso.<span class=\"_ _0\"></span> Il Gruppo \u00e8 soggetto annu<span class=\"_ _0\"></span>almente ad a<span class=\"_ _0\"></span>udit da parte di enti certific<span class=\"_ _0\"></span>ati e, sempre ann<span class=\"_ _0\"></span>ualmente, vengono effettu<span class=\"_ _0\"></span>ati audit intern<span class=\"_ _3\"></span><span class=\"ls7\">i.</span> 1.7.13<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai cambiamenti climatici<span class=\"_ _0\"></span>: rischi fisici<span class=\"_ _0\"></span> </span></span>I cambiamenti climatici po<span class=\"_ _0\"></span>ssono prod<span class=\"_ _0\"></span>urre effetti sistemici che influis<span class=\"_ _0\"></span>cono negativamente <span class=\"_ _0\"></span>sulle attivit\u00e0 <span class=\"_ _0\"></span>economiche. <span class=\"_ _3\"></span> I <span class=\"_ _9\"> </span>rischi <span class=\"_ _5\"></span>fisici <span class=\"_ _9\"> </span>possono <span class=\"_ _9\"> </span>essere <span class=\"_ _9\"> </span>\"acuti\u201d, <span class=\"_ _9\"> </span>se <span class=\"_ _5\"></span>causati <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>eventi <span class=\"_ _9\"> </span>estremi <span class=\"_ _5\"> </span>qu<span class=\"_ _0\"></span>ali <span class=\"_ _9\"> </span>siccit\u00e0, <span class=\"_ _5\"></span>alluvion<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>e <span class=\"_ _9\"> </span>tempeste, <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>\u201ccronici\u201d <span class=\"_ _9\"> </span>se <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ov<span class=\"_ _3\"></span><span class=\"ff4\">ocati <span class=\"_ _9\"> </span>da </span>mutamenti progressivi qua<span class=\"_ _0\"></span>li aumento de<span class=\"_ _0\"></span>lle temperature, innalzam<span class=\"_ _0\"></span>ento del livello del mare, str<span class=\"_ _0\"></span>ess idrico e scarsit\u00e0 d<span class=\"_ _0\"></span>i riso<span class=\"_ _0\"></span>rse. <span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>esposto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>verificarsi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>mi <span class=\"_ _0\"></span>operativi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>meteo <span class=\"_ _3\"></span>estremi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>danno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>infrastrutt<span class=\"_ _0\"></span>ure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vizio, <span class=\"_ _4\"></span>stabi<span class=\"_ _0\"></span>limenti, impianti <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>macchinari, <span class=\"_ _9\"> </span>causando <span class=\"_ _9\"> </span>aum<span class=\"_ _0\"></span>enti <span class=\"_ _9\"> </span>nei <span class=\"_ _9\"> </span>costi <span class=\"_ _9\"> </span>operativi <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>riparazioni <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>manutenzione, <span class=\"_ _7\"> </span>oltre <span class=\"_ _9\"> </span>che <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>i <span class=\"_ _9\"> </span>fermi <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>itardi <span class=\"_ _9\"> </span>nelle operazioni, comprom<span class=\"_ _0\"></span>ettendo la continu<span class=\"_ _0\"></span>it\u00e0 del business e influend<span class=\"_ _0\"></span>o negativamen<span class=\"_ _0\"></span>te sulla reputazione <span class=\"_ _0\"></span>e sulla redditivit\u00e0 dell'az<span class=\"_ _3\"></span>ienda. <span class=\"_ _0\"></span> Fenomeni come <span class=\"_ _2\"></span>piogge torrenziali e <span class=\"_ _8\"></span>alluvioni possono invece <span class=\"_ _2\"></span>comprometter<span class=\"_ _0\"></span>e la <span class=\"_ _8\"></span>salubr<span class=\"_ _0\"></span>it\u00e0 delle <span class=\"_ _8\"></span>acque<span class=\"_ _0\"></span> utilizzate <span class=\"_ _8\"></span>nei processi produttivo<span class=\"_ _0\"></span>, arrecando un aum<span class=\"_ _0\"></span>ento dei costi per la depur<span class=\"_ _0\"></span>azione. Il Gruppo \u00e8 <span class=\"_ _0\"></span>consapevole dei po<span class=\"_ _0\"></span>ssibili impatti<span class=\"_ _0\"></span> dei cam<span class=\"_ _0\"></span>biamenti clima<span class=\"_ _0\"></span>tici in atto sia<span class=\"_ _0\"></span> sulle infr<span class=\"_ _0\"></span>astrutture, <span class=\"_ _0\"></span>causati da eventi cata<span class=\"_ _0\"></span>strofic<span class=\"_ _3\"></span>i, sia relativamente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>possibile <span class=\"_ _3\"></span>aumen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>consum<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>dell'aumento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>temperatu<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sta <span class=\"_ _3\"></span>aggiornando <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>speci<span class=\"_ _3\"></span>fica<span class=\"_ _0\"></span> valutazione dei rischi in qu<span class=\"_ _0\"></span>esto senso. Il Gr<span class=\"_ _0\"></span>uppo ha inoltre attivato <span class=\"_ _0\"></span>coper<span class=\"_ _0\"></span>ture assicurative per \"rischi c<span class=\"_ _0\"></span>atastrofali\". Per q<span class=\"_ _3\"></span>uanto riguarda<span class=\"_ _0\"></span> la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>dei <span class=\"_ _2\"></span>\"rischi di <span class=\"_ _8\"></span>transizion<span class=\"_ _0\"></span>e\" <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>gruppo <span class=\"_ _2\"></span>aggiorna costantemente le <span class=\"_ _8\"></span>proprie conoscenze <span class=\"_ _8\"></span>e competenze, <span class=\"_ _2\"></span>an<span class=\"_ _0\"></span>che grazie <span class=\"_ _8\"></span>all'ades<span class=\"_ _0\"></span>ione a Farmindustr<span class=\"_ _0\"></span>ia, per l'adeguamen<span class=\"_ _0\"></span>to delle proprie pr<span class=\"_ _0\"></span>estazioni energetiche<span class=\"_ _0\"></span> ai migliori standard inter<span class=\"_ _0\"></span>nazionali.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>prop<span class=\"_ _0\"></span>rio <span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>ganico <span class=\"_ _4\"></span>uno <span class=\"_ _3\"></span>specifico <span class=\"_ _4\"></span>team <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>lavoro, <span class=\"_ _4\"></span>coordinato <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>Energy <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>anager, <span class=\"_ _4\"></span>incaricato <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>porre <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>esser<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le<span class=\"_ _0\"></span> opportune misure per<span class=\"_ _0\"></span> incrementare l'efficienza<span class=\"_ _0\"></span> energetica di tutti <span class=\"_ _0\"></span>i siti del gruppo. Per <span class=\"_ _2\"></span>quanto <span class=\"_ _2\"></span>riguarda gli <span class=\"_ _8\"></span>imp<span class=\"_ _0\"></span>atti <span class=\"_ _2\"></span>del climate <span class=\"_ _8\"></span>change sulle <span class=\"_ _2\"></span>risorse idriche, <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>costantemente in <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>so attivit\u00e0 <span class=\"_ _8\"></span>per permettere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>riduzione<span class=\"_ _75\"> </span>dei consumi idrici e una task force interna si riunisce periodicamente per monitorare i miglioramenti e l\u2019efficac<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span><span class=\"ff4\">elle misure messe in<span class=\"_ _75\"> </span></span>atto.<span class=\"_ _75\"> </span>1.7.14<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai cambiamenti climatici<span class=\"_ _0\"></span>: rischi di transizion<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>I r<span class=\"_ _0\"></span>ischi di <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansizione <span class=\"_ _0\"></span>indicano <span class=\"_ _0\"></span>la perdita <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>determinata <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>processo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trasformazione <span class=\"_ _0\"></span>dell'attuale <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>ello <span class=\"_ _0\"></span>econo<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ico ver<span class=\"_ _0\"></span>so<span class=\"_ _75\"> </span>un\u2019economia <span class=\"_ _9\"> </span>a <span class=\"_ _5\"></span>basse <span class=\"_ _9\"> </span>emissioni <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>carbonio <span class=\"_ _9\"> </span>e <span class=\"_ _5\"> </span>pi\u00f9 <span class=\"_ _9\"> </span>sostenibile<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sot<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>il <span class=\"_ _9\"> </span>profilo <span class=\"_ _5\"> </span>am<span class=\"_ _0\"></span>bientale. <span class=\"_ _5\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>situ<span class=\"_ _0\"></span>azione <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _9\"> </span>causata, <span class=\"_ _9\"> </span>ad <span class=\"_ _5\"></span>e<span class=\"_ _4\"></span><span class=\"ff4\">sempio,<span class=\"_ _75\"> </span></span>dall\u2019adozione di <span class=\"_ _0\"></span>Direttive e <span class=\"_ _0\"></span>Regolam<span class=\"_ _0\"></span>enti a <span class=\"_ _0\"></span>tutela del <span class=\"_ _0\"></span>clima, dal <span class=\"_ _0\"></span>progresso tecnolog<span class=\"_ _0\"></span>ico o <span class=\"_ _0\"></span>dal mutare d<span class=\"_ _0\"></span>ella fiducia <span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>pre<span class=\"_ _3\"></span><span class=\"ff4\">ferenze dei<span class=\"_ _75\"> </span></span>mercati.<span class=\"_ _75\"> </span>L'assenza <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>investim<span class=\"_ _0\"></span>enti <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>rid<span class=\"_ _0\"></span>urre <span class=\"_ _4\"></span>l\u2019impatto <span class=\"_ _4\"></span>sul <span class=\"_ _4\"></span>cl<span class=\"_ _0\"></span>ima <span class=\"_ _4\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>riduzione <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>consumi <span class=\"_ _4\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _4\"></span>pu\u00f2 <span class=\"_ _4\"></span>com<span class=\"_ _0\"></span>portare <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>im<span class=\"_ _4\"></span><span class=\"ff4\">patto<span class=\"_ _75\"> </span></span>negativo sul <span class=\"_ _0\"></span>conto econo<span class=\"_ _0\"></span>mico <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo per <span class=\"_ _0\"></span>gli aum<span class=\"_ _0\"></span>enti dei <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>operativi e <span class=\"_ _0\"></span>per l'espo<span class=\"_ _0\"></span>sizione a <span class=\"_ _0\"></span>fluttua<span class=\"_ _0\"></span>zioni dei <span class=\"_ _0\"></span>prezzi del<span class=\"_ _4\"></span><span class=\"ff6\">l\u2019energia e<span class=\"_ _75\"> </span></span>a eventuali interventi regolat<span class=\"_ _0\"></span>ori mirati ad e<span class=\"_ _0\"></span>sempio ad introdurre im<span class=\"_ _0\"></span>poste sulle emissioni di car<span class=\"_ _0\"></span>bonio. La <span class=\"_ _4\"></span>scarsa <span class=\"_ _4\"></span>disponibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>a<span class=\"_ _0\"></span>cqua <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>uso <span class=\"_ _4\"></span>industriale <span class=\"_ _5\"></span>in <span class=\"_ _4\"></span>seguito <span class=\"_ _4\"></span>a <span class=\"_ _5\"></span>periodi <span class=\"_ _4\"></span>prolungati <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>siccit\u00e0 <span class=\"_ _4\"></span>pu\u00f2 <span class=\"_ _4\"></span>ino<span class=\"_ _0\"></span>ltre <span class=\"_ _4\"></span>comprometter<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>l'e<span class=\"_ _3\"></span>fficienza<span class=\"_ _75\"> </span>produttiva, <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>l\u2019approvv<span class=\"_ _0\"></span>igionamento <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>prime <span class=\"_ _0\"></span>pu\u00f2 <span class=\"_ _0\"></span>risultare <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>difficoltoso <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>verificarsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>fen<span class=\"_ _3\"></span><span class=\"ff4\">omeni <span class=\"_ _0\"></span>climat<span class=\"_ _0\"></span>ici<span class=\"_ _75\"> </span></span>estremi che possono compo<span class=\"_ _0\"></span>rtare l\u2019interruzione tota<span class=\"_ _0\"></span>le o parziale della caten<span class=\"_ _0\"></span>a di fornitura.<span class=\"_ _75\"> </span>Il Gruppo \u00e8 <span class=\"_ _0\"></span>consapevole dei po<span class=\"_ _0\"></span>ssibili impatti<span class=\"_ _0\"></span> dei cam<span class=\"_ _0\"></span>biamenti clima<span class=\"_ _0\"></span>tici in atto sia<span class=\"_ _0\"></span> sulle infr<span class=\"_ _0\"></span>astrutture, <span class=\"_ _0\"></span>causati da eventi cata<span class=\"_ _0\"></span>strofic<span class=\"_ _3\"></span>i, sia<span class=\"_ _75\"> </span>relativamente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>possibile <span class=\"_ _3\"></span>aumen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>consum<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>dell'aumento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>temperatu<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sta <span class=\"_ _3\"></span>aggiornando <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>speci<span class=\"_ _3\"></span>fica<span class=\"_ _75\"> </span>valutazione dei rischi in qu<span class=\"_ _0\"></span>esto senso. Il Gr<span class=\"_ _0\"></span>uppo ha inoltre attivato <span class=\"_ _0\"></span>coper<span class=\"_ _0\"></span>ture assicurative per \"rischi c<span class=\"_ _0\"></span>atastrofali\". Per q<span class=\"_ _3\"></span>uanto riguarda<span class=\"_ _75\"> </span>la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>dei <span class=\"_ _2\"></span>\"rischi di <span class=\"_ _8\"></span>transizion<span class=\"_ _0\"></span>e\" <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>gruppo <span class=\"_ _2\"></span>aggiorna costantemente le <span class=\"_ _8\"></span>proprie conoscenze <span class=\"_ _8\"></span>e comp<span class=\"_ _0\"></span>etenze, <span class=\"_ _2\"></span>anche grazie <span class=\"_ _8\"></span>all'ades<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span>a Farmindustr<span class=\"_ _0\"></span>ia, per l'adeguamen<span class=\"_ _0\"></span>to delle proprie<span class=\"_ _0\"></span> prestazioni energetiche<span class=\"_ _0\"></span> ai migliori standard inter<span class=\"_ _0\"></span>nazionali.<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>proprio <span class=\"_ _4\"></span>organico <span class=\"_ _4\"></span>uno <span class=\"_ _4\"></span>specifico <span class=\"_ _4\"></span>team <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>lavoro, <span class=\"_ _4\"></span>coordinato <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>Energy <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>anager <span class=\"_ _4\"></span>incaricato <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>porre <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>essere<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>le<span class=\"_ _75\"> </span>opportune misure per<span class=\"_ _0\"></span> incrementare l'efficienza<span class=\"_ _0\"></span> energetica di tutti <span class=\"_ _0\"></span>i siti del gruppo. Per <span class=\"_ _2\"></span>quanto <span class=\"_ _2\"></span>riguarda gli <span class=\"_ _8\"></span>imp<span class=\"_ _0\"></span>atti <span class=\"_ _2\"></span>del climate <span class=\"_ _8\"></span>change sulle <span class=\"_ _2\"></span>risorse idriche, <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>costantemente in <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>so attivit\u00e0 <span class=\"_ _8\"></span>per permettere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>riduzione<span class=\"_ _75\"> </span>dei consumi idrici e una task force interna si riunisce periodicamente per monitorare i miglioramenti e l\u2019efficac<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span><span class=\"ff4\">elle misure messe in<span class=\"_ _75\"> </span></span>atto.<span class=\"_ _75\"> </span>1.7.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio rela<span class=\"_ _0\"></span>tivo al costo dell<span class=\"_ _0\"></span>'energia<span class=\"_ _75\"> </span></span></span>Il costo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019energia <span class=\"_ _0\"></span>risulta <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>elevato <span class=\"_ _0\"></span>rispetto <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>storico, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>alta <span class=\"_ _0\"></span>volatilit\u00e0 <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>prezzi. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>fornitura <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>energ<span class=\"_ _3\"></span><span class=\"ff4\">ia disponibile <span class=\"_ _0\"></span>per<span class=\"_ _75\"> </span></span>il mer<span class=\"_ _0\"></span>cato <span class=\"_ _0\"></span>europeo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>nch\u00e9 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>stock <span class=\"_ _0\"></span>energe<span class=\"_ _0\"></span>tici <span class=\"_ _0\"></span>interni <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>motivi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>stima <span class=\"_ _0\"></span>degli <span class=\"_ _3\"></span>impatti <span class=\"_ _0\"></span>negativi <span class=\"_ _0\"></span>sul<span class=\"_ _4\"></span>la situa<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>economica,<span class=\"_ _75\"> </span>finanziaria <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Gruppo, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>probabilit\u00e0 <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>essi <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>verifichino,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>possano <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gradua<span class=\"_ _0\"></span>lmente <span class=\"_ _0\"></span>ridotti. <span class=\"_ _3\"></span>Al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>predisposizione <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>presente <span class=\"_ _4\"></span>documento, <span class=\"_ _4\"></span>non <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>possono <span class=\"_ _3\"></span>ancora <span class=\"_ _4\"></span>stimare <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>possibili <span class=\"_ _3\"></span>impatti <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>b<span class=\"_ _3\"></span>usiness <span class=\"_ _3\"></span>derivanti <span class=\"_ _4\"></span>dai <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ecenti <span class=\"_ _3\"></span>eventi<span class=\"_ _75\"> </span>intercorsi in Medioriente tr<span class=\"_ _0\"></span>a le fine di febbr<span class=\"_ _0\"></span>aio e marzo 2026<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>ha <span class=\"_ _2\"></span>integrato <span class=\"_ _2\"></span>nel <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _2\"></span>organico <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>tea<span class=\"_ _0\"></span>m <span class=\"_ _8\"></span>coordina<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>da <span class=\"_ _2\"></span>un energy <span class=\"_ _8\"></span>manager <span class=\"_ _2\"></span>incaricato <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitorare <span class=\"_ _2\"></span>l'andamento <span class=\"_ _2\"></span>del mercato<span class=\"_ _75\"> </span>energetico <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>inimizzare<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l'impatto <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _5\"></span>dell'energia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>porr<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>opportun<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>misure <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>increm<span class=\"_ _4\"></span>entare<span class=\"_ _75\"> </span>l'efficienza energetica<span class=\"_ _0\"></span> dei siti pro<span class=\"_ _0\"></span>duttivi.  A tal prop<span class=\"_ _0\"></span>osito Fine Foo<span class=\"_ _0\"></span>ds ha installato<span class=\"_ _0\"></span> due cogenerato<span class=\"_ _0\"></span>ri per l'auto p<span class=\"_ _0\"></span>roduzione<span class=\"_ _3\"></span> di elettricit\u00e0 a<span class=\"_ _75\"> </span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>combustione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gas, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>azie <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>quali <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>eliminato <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sua <span class=\"_ _3\"></span>esposizione <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>fluttu<span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>componente <span class=\"_ _3\"></span>energia<span class=\"_ _75\"> </span>elettrica <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>ottimizzato <span class=\"_ _0\"></span>l'uso <span class=\"_ _0\"></span>efficiente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>calore <span class=\"_ _0\"></span>sviluppato <span class=\"_ _0\"></span>grazie <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>cogenerazion<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Inoltre, <span class=\"_ _3\"></span>presso <span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>stabilimenti <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>presenti<span class=\"_ _75\"> </span>altrettanti <span class=\"_ _0\"></span>impianti <span class=\"_ _3\"></span>fotovoltaici <span class=\"_ _3\"></span>complessivamen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>850<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Kw <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enza <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>coprire <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fabbisogno <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergetico <span class=\"_ _4\"></span>tramite <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span>produzione di energia elet<span class=\"_ _0\"></span>trica da fonti r<span class=\"_ _0\"></span>innovabili (pari a circa l'11,<span class=\"_ _0\"></span>8% dei consumi di ener<span class=\"_ _0\"></span>gia elettrica del Gr<span class=\"_ _0\"></span>uppo nel 20<span class=\"_ _3\"></span><span class=\"ls3\">25)</span>. Infine, <span class=\"_ _8\"></span>il Gruppo mitiga il <span class=\"_ _8\"></span>rischio a breve <span class=\"_ _2\"></span>termine anche <span class=\"_ _2\"></span>tramite l'acquisto di <span class=\"_ _2\"></span>contratti con <span class=\"_ _2\"></span>prezzi fissati come <span class=\"_ _2\"></span>strumento di hedging sulle<span class=\"_ _75\"> </span>fluttuazioni del costo var<span class=\"_ _0\"></span>iabile del mercato<span class=\"_ _0\"></span> del gas naturale.<span class=\"_ _75\"> </span>1.7.16<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _3\"></span>leg<span class=\"_ _0\"></span>ale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>eputazionale <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>gestione <span class=\"_ _4\"></span>scorretta <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>chimiche<span class=\"_ _75\"> </span></span></span>preoccup<span class=\"_ _0\"></span>anti<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>superamento <span class=\"_ _4\"></span>dei <span class=\"_ _4\"></span>limiti <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>inqu<span class=\"_ _0\"></span>inamento <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>gestione <span class=\"_ _4\"></span>inadeguat<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>sosta<span class=\"_ _0\"></span>nze <span class=\"_ _4\"></span>chimiche <span class=\"_ _4\"></span>pericolos<span class=\"_ _0\"></span>e, <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>nno <span class=\"_ _4\"></span>effetti <span class=\"_ _4\"></span>cronici<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>sulla<span class=\"_ _75\"> </span>salute umana o sull'ambiente (come elencato nella lista delle sostanze candidate in REACH e nell'Allegato VI del Regolamento<span class=\"_ _0\"></span> CLP),<span class=\"_ _75\"> </span>pu\u00f2 <span class=\"_ _5\"></span>comportare <span class=\"_ _9\"> </span>non <span class=\"_ _4\"></span>solo <span class=\"_ _5\"></span>multe <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>restrizioni <span class=\"_ _5\"></span>oper<span class=\"_ _0\"></span>ative, <span class=\"_ _5\"></span>ma <span class=\"_ _5\"></span>anche <span class=\"_ _5\"></span>danni <span class=\"_ _5\"></span>all'immagine <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>F<span class=\"_ _0\"></span>ineFoods. <span class=\"_ _5\"></span>Inoltre, <span class=\"_ _5\"></span>l'uso <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>sostanze<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>c<span class=\"_ _3\"></span>he<span class=\"_ _75\"> </span>ostacolano <span class=\"_ _8\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>iciclo <span class=\"_ _8\"></span>di materiali <span class=\"_ _8\"></span>se<span class=\"_ _0\"></span>condari <span class=\"_ _8\"></span>sicuri e <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>alta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>alit\u00e0, <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>le sostanze <span class=\"_ _8\"></span>pi\u00f9 <span class=\"_ _2\"></span>nocive <span class=\"_ _2\"></span>elencate <span class=\"_ _2\"></span>nell'<span class=\"_ _0\"></span>ECHA, <span class=\"_ _8\"></span>pu\u00f2 ulter<span class=\"_ _0\"></span>iormente <span class=\"_ _2\"></span>esporre<span class=\"_ _75\"> </span>l'azienda <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>rischi <span class=\"_ _9\"> </span>legali <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>reputa<span class=\"_ _0\"></span>zionali. <span class=\"_ _9\"> </span>Questo <span class=\"_ _9\"> </span>ris<span class=\"_ _0\"></span>chio <span class=\"_ _9\"> </span>pu\u00f2 <span class=\"_ _9\"> </span>esse<span class=\"_ _0\"></span>re <span class=\"_ _9\"> </span>generato<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>sia <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>impatti <span class=\"_ _9\"> </span>diretti <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>aziendali<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>da<span class=\"_ _75\"> </span>dipendenze normative.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dispone <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>robusto<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>sistema <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>gestione <span class=\"_ _2\"></span>degli <span class=\"_ _2\"></span>standard <span class=\"_ _8\"></span>di salute <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>sicurezza dei <span class=\"_ _8\"></span>lavoratori <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>ela <span class=\"_ _8\"></span>ambien<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>contesto<span class=\"_ _75\"> </span>in <span class=\"_ _8\"></span>cui <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"></span>op<span class=\"_ _0\"></span>era. <span class=\"_ _8\"></span>Inoltre, <span class=\"_ _8\"></span>\u00e8 in <span class=\"_ _8\"></span>possesso <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>cer<span class=\"_ _0\"></span>tificazioni <span class=\"_ _8\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>la <span class=\"_ _8\"></span>I<span class=\"_ _0\"></span>SO45001:2018 <span class=\"_ _8\"></span>(<span class=\"_ _0\"></span>S&amp;SL) <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>I<span class=\"_ _0\"></span>SO14001:20<span class=\"_ _0\"></span>15 <span class=\"_ _8\"></span>(ambi<span class=\"_ _0\"></span>ente)<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>che <span class=\"_ _8\"></span>attestano<span class=\"_ _75\"> </span>la cor<span class=\"_ _0\"></span>retta <span class=\"_ _0\"></span>strutturazione <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>applicazione <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>stesso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>sogge<span class=\"_ _0\"></span>tto <span class=\"_ _0\"></span>annualmente <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>dit <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>certificati <span class=\"_ _4\"></span>e, <span class=\"_ _0\"></span>sempre<span class=\"_ _75\"> </span>annualmente, vengono effettuati audit interni.<span class=\"_ _0\"></span> L'obiettivo del Gruppo \u00e8 <span class=\"_ _2\"></span>di estendere le certificazioni ISO sopracitate per la totalit\u00e0 degli<span class=\"_ _75\"> </span>stabilimenti <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>(ad <span class=\"_ _3\"></span>og<span class=\"_ _0\"></span>gi, <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>sito <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Trenzano <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>certificato, <span class=\"_ _3\"></span>pu<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>applicando <span class=\"_ _4\"></span>Sistemi <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>Gestione <span class=\"_ _4\"></span>ambientale <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>s<span class=\"_ _0\"></span>alute <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span>sicurezza conformi agli Standard ISO). Infine, il Gruppo mitiga il rischio a breve termine anche <span class=\"_ _2\"></span>tramit<span class=\"_ _0\"></span>e l'acquisto di contratti con <span class=\"_ _2\"></span>prezzi<span class=\"_ _75\"> </span>fissati come strumento di hed<span class=\"_ _0\"></span>ging sulle fluttuazioni de<span class=\"_ _0\"></span>l costo variabi<span class=\"_ _0\"></span>le del mercato del gas natur<span class=\"_ _0\"></span>ale.<span class=\"_ _75\"> </span>1.7.17<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio op<span class=\"_ _0\"></span>erativo legato al<span class=\"_ _0\"></span>la scarsit\u00e0 di mat<span class=\"_ _0\"></span>erie prime vergini<span class=\"_ _75\"> </span></span></span>Rischio <span class=\"_ _0\"></span>operativo <span class=\"_ _3\"></span>legato <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>scarsit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>materie <span class=\"_ _3\"></span>prime <span class=\"_ _0\"></span>vergini, <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>olio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>palma, <span class=\"_ _3\"></span>caff\u00e8 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>estratti <span class=\"_ _3\"></span>naturali, <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _4\"></span>portare <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un<span class=\"_ _75\"> </span>aumento de<span class=\"_ _0\"></span>i costi op<span class=\"_ _0\"></span>erativi <span class=\"_ _0\"></span>per Fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> Foods <span class=\"_ _0\"></span>a causa <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>competizion<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>l'approvvigionamento. <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>ich\u00e9 questi <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>sono sogge<span class=\"_ _0\"></span>tti a<span class=\"_ _75\"> </span>regolamentazioni <span class=\"_ _0\"></span>pi\u00f9 stringenti, <span class=\"_ _0\"></span>la lor<span class=\"_ _0\"></span>o disponibilit\u00e0 <span class=\"_ _0\"></span>limitata e <span class=\"_ _0\"></span>il cons<span class=\"_ _0\"></span>eguente au<span class=\"_ _0\"></span>mento dei <span class=\"_ _0\"></span>costi possono<span class=\"_ _0\"></span> influenzare <span class=\"_ _0\"></span>negati<span class=\"_ _3\"></span>vamente <span class=\"_ _0\"></span>la<span class=\"_ _75\"> </span>continuit\u00e0 produttiva e la<span class=\"_ _0\"></span> redditivit\u00e0 dell'aziend<span class=\"_ _0\"></span>a.<span class=\"_ _75\"> </span>Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rmalmente <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>possibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>adeguare <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>prezzi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>vendita <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aumenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>materie<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prime. <span class=\"_ _4\"></span>L'<span class=\"_ _0\"></span>uff<span class=\"_ _0\"></span>icio<span class=\"_ _75\"> </span>acquisti <span class=\"_ _5\"></span>informa <span class=\"_ _5\"></span>l'uff<span class=\"_ _0\"></span>icio <span class=\"_ _5\"></span>commerciale <span class=\"_ _9\"> </span>dell'incremento <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>prezzo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>materia <span class=\"_ _5\"></span>prima, <span class=\"_ _9\"> </span>l'ufficio <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>merciale <span class=\"_ _5\"></span>valuta <span class=\"_ _5\"></span>l'imp<span class=\"_ _0\"></span>at<span class=\"_ _3\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ta<span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span>incremento sul pricing dei pr<span class=\"_ _0\"></span>odotti che includono t<span class=\"_ _0\"></span>ale materia prima<span class=\"_ _0\"></span> e lo condivide con i<span class=\"_ _0\"></span>l cliente.<span class=\"_ _75\"> </span>Il Gruppo mantiene un live<span class=\"_ _0\"></span>llo di giacenze r<span class=\"_ _0\"></span>elativo a materie prime d<span class=\"_ _0\"></span>i uso continuativo<span class=\"_ _0\"></span> tale da sopperir<span class=\"_ _0\"></span>e ad un'improvvisa m<span class=\"_ _0\"></span>an<span class=\"_ _3\"></span>canza di<span class=\"_ _75\"> </span>materiali <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>mercato. <span class=\"_ _3\"></span>Anche <span class=\"_ _0\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>preve<span class=\"_ _0\"></span>nire <span class=\"_ _0\"></span>eventuali <span class=\"_ _0\"></span>impatti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>-lungo <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mine <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>ambito, <span class=\"_ _0\"></span>il<span class=\"_ _75\"> </span>Gruppo <span class=\"_ _4\"></span>valute<span class=\"_ _0\"></span>r\u00e0 <span class=\"_ _4\"></span>nel <span class=\"_ _5\"></span>corso <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>2026 <span class=\"_ _4\"></span>l'implementazione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>eventuali <span class=\"_ _4\"></span>ap<span class=\"_ _0\"></span>plicativi <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>analisi <span class=\"_ _4\"></span>per <span class=\"_ _5\"></span>valutare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>categorie <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>materie<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>prime<span class=\"_ _75\"> </span>maggiormente <span class=\"_ _0\"></span>soggette a tale rischio, col fine di ado<span class=\"_ _0\"></span>ttare eventual<span class=\"_ _0\"></span>i ulteriori azioni mitigato<span class=\"_ _0\"></span>rie pro futu<span class=\"_ _3\"></span>ro.<span class=\"_ _75\"> </span>1.7.18<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio eco<span class=\"_ _0\"></span>nomico e reputazionale d<span class=\"_ _0\"></span>erivante da infortuni e inciden<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span></span>Eventuali <span class=\"_ _9\"> </span>inc<span class=\"_ _0\"></span>identi <span class=\"_ _7\"> </span>che <span class=\"_ _9\"> </span>coinvo<span class=\"_ _0\"></span>lgon<span class=\"_ _0\"></span>o <span class=\"_ _7\"> </span>i <span class=\"_ _9\"> </span>dipendenti  possono <span class=\"_ _9\"> </span>causare  sospensioni <span class=\"_ _9\"> </span>delle <span class=\"_ _7\"> </span>operazioni  aziendali <span class=\"_ _9\"> </span>e <span class=\"_ _7\"> </span>danni <span class=\"_ _9\"> </span>rep<span class=\"_ _0\"></span>utazionali<span class=\"_ _3\"></span><span class=\"lsa\">,<span class=\"_ _75\"> </span></span>rallentando <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"></span>operative. Se <span class=\"_ _8\"></span>tali <span class=\"_ _8\"></span>incidenti <span class=\"_ _8\"></span>compromett<span class=\"_ _0\"></span>essero <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>salute <span class=\"_ _8\"></span>e la <span class=\"_ _d\"></span>sicurez<span class=\"_ _0\"></span>za <span class=\"_ _8\"></span>dei <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>ipende<span class=\"_ _0\"></span>nti, <span class=\"_ _8\"></span>potrebbero <span class=\"_ _2\"></span>der<span class=\"_ _0\"></span>ivarne <span class=\"_ _2\"></span>reclami,<span class=\"_ _75\"> </span>risarcimenti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>sanzioni <span class=\"_ _4\"></span>legali <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>man<span class=\"_ _0\"></span>cato <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>normative <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>modelli <span class=\"_ _3\"></span>organizzativi <span class=\"_ _4\"></span>(MOG <span class=\"_ _4\"></span>231). <span class=\"_ _3\"></span>Ino<span class=\"_ _0\"></span>ltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>amb<span class=\"_ _3\"></span>iente <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span>lavoro <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>sicuro <span class=\"_ _4\"></span>potrebbe <span class=\"_ _4\"></span>ridurre <span class=\"_ _3\"></span>l'attrattivit\u00e0 <span class=\"_ _4\"></span>dell'azienda <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>finanziatori <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>diminuir<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _4\"></span>motivazione <span class=\"_ _4\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _4\"></span>lavoratori, <span class=\"_ _3\"></span>aumentan<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>i<span class=\"_ _75\"> </span>tassi di turnover.<span class=\"_ _75\"> </span>Per <span class=\"_ _0\"></span>affr<span class=\"_ _0\"></span>ontare <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>rischi, <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dispone<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>obusto <span class=\"_ _3\"></span>sistema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gestione <span class=\"_ _3\"></span>degl<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>standard <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>salute <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sicurezza<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>vo<span class=\"_ _3\"></span>ratori <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>tutela <span class=\"_ _9\"> </span>ambientale<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>con<span class=\"_ _0\"></span>testo <span class=\"_ _9\"> </span>in <span class=\"_ _7\"> </span>cui <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _7\"> </span>opera. <span class=\"_ _7\"> </span>Inoltre, <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>in <span class=\"_ _9\"> </span>possesso <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>certificazioni <span class=\"_ _7\"> </span>quali <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>ISO45001:2<span class=\"_ _0\"></span>018  (S&amp;SL) <span class=\"_ _9\"> </span>e<span class=\"_ _75\"> </span>ISO14001:2015 <span class=\"_ _0\"></span>(ambiente) <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>attesta<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>la cor<span class=\"_ _0\"></span>retta <span class=\"_ _0\"></span>strutturazione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>applicazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>stess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 sog<span class=\"_ _0\"></span>getto <span class=\"_ _0\"></span>annualmente<span class=\"_ _3\"></span> <span class=\"_ _0\"></span><span class=\"ls19\">ad<span class=\"_ _75\"> </span></span>audit <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>parte <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>en<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>certificati <span class=\"_ _9\"> </span>e, <span class=\"_ _4\"></span>sem<span class=\"_ _0\"></span>pre <span class=\"_ _5\"></span>annualmente, <span class=\"_ _5\"> </span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _5\"></span>effettua<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>audit <span class=\"_ _5\"></span>interni.<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>L'obiettivo <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>este<span class=\"_ _0\"></span>ndere <span class=\"_ _5\"></span>le<span class=\"_ _75\"> </span>certificazioni <span class=\"_ _0\"></span>ISO sop<span class=\"_ _0\"></span>racitate <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>totalit\u00e0 <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>stabilimenti <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>(ad <span class=\"_ _0\"></span>oggi, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>sito <span class=\"_ _0\"></span>di T<span class=\"_ _0\"></span>renzano non <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>certificato,<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>pur <span class=\"_ _0\"></span>applicando<span class=\"_ _75\"> </span>Sistemi di Gestione ambien<span class=\"_ _0\"></span>tale e di salute e sicur<span class=\"_ _0\"></span>ezza conformi ag<span class=\"_ _0\"></span>li Standard ISO).<span class=\"_ _75\"> </span>1.7.19<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i alla gestione del capitale<span class=\"_ _0\"></span> umano<span class=\"_ _75\"> </span></span></span>La<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>cr<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>ce<span class=\"_ _8\"></span>nte<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>do<span class=\"_ _8\"></span>man<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span> del<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>mer<span class=\"_ _8\"></span>cato<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>l la<span class=\"_ _8\"></span>vor<span class=\"_ _2\"></span>o pe<span class=\"_ _8\"></span>r alc<span class=\"_ _2\"></span>un<span class=\"_ _8\"></span>i pro<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>te<span class=\"_ _2\"></span>cn<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>i e s<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>iz<span class=\"_ _8\"></span>zat<span class=\"_ _2\"></span>i re<span class=\"_ _8\"></span>nde<span class=\"_ _2\"></span> cer<span class=\"_ _8\"></span>ti pr<span class=\"_ _2\"></span>of<span class=\"_ _8\"></span>ili<span class=\"_ _2\"></span> mol<span class=\"_ _8\"></span>to ap<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>bili<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>e es<span class=\"_ _8\"></span>pon<span class=\"_ _2\"></span>e l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>end<span class=\"_ _8\"></span>a al<span class=\"_ _75\"> </span>ri<span class=\"_ _8\"></span>sch<span class=\"_ _8\"></span>io <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>tu<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>ov<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>gur<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>alt<span class=\"_ _8\"></span>ame<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>qua<span class=\"_ _8\"></span>lif<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ate<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> c<span class=\"_ _8\"></span>he <span class=\"_ _8\"></span>sca<span class=\"_ _2\"></span>rs<span class=\"_ _2\"></span>eg<span class=\"_ _8\"></span>gia<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span> m<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>cat<span class=\"_ _2\"></span>o.<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>La<span class=\"_ _8\"></span> m<span class=\"_ _2\"></span>anc<span class=\"_ _8\"></span>ata<span class=\"_ _8\"></span> c<span class=\"_ _2\"></span>ap<span class=\"_ _2\"></span>ac<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>\u00e0 <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pl<span class=\"_ _8\"></span>em<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>nec<span class=\"_ _8\"></span>ess<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>ie<span class=\"_ _75\"> </span>pe<span class=\"_ _8\"></span>r g<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>cc<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>s<span class=\"_ _2\"></span>o i<span class=\"_ _8\"></span>l c<span class=\"_ _2\"></span>ap<span class=\"_ _8\"></span>ita<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span> um<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>pu<span class=\"_ _2\"></span>\u00f2 <span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>e u<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>im<span class=\"_ _8\"></span>pat<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>eg<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>o s<span class=\"_ _8\"></span>ul <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>eco<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>nan<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>o e<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>atr<span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span>le<span class=\"_ _75\"> </span>P<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> af<span class=\"_ _2\"></span>fr<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>e t<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i r<span class=\"_ _8\"></span>isc<span class=\"_ _2\"></span>hi<span class=\"_ _2\"></span> \u00e8 n<span class=\"_ _2\"></span>ec<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>o a<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re n<span class=\"_ _2\"></span>uo<span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span> mo<span class=\"_ _2\"></span>del<span class=\"_ _8\"></span>li d<span class=\"_ _8\"></span>i bu<span class=\"_ _2\"></span>si<span class=\"_ _8\"></span>ness<span class=\"_ _8\"></span> pi\u00f9<span class=\"_ _2\"></span> in<span class=\"_ _2\"></span>cl<span class=\"_ _8\"></span>usi<span class=\"_ _2\"></span>vi<span class=\"_ _8\"></span>, po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e d<span class=\"_ _2\"></span>i v<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>izz<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e e<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>pr<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ne d<span class=\"_ _8\"></span>ei t<span class=\"_ _2\"></span>al<span class=\"_ _8\"></span>enti<span class=\"_ _8\"></span>. Pe<span class=\"_ _8\"></span>r<span class=\"_ _75\"> </span>qu<span class=\"_ _8\"></span>est<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>mo<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>vo<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>ie<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ha<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ado<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _2\"></span>oc<span class=\"_ _2\"></span>ed<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>di ges<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _2\"></span>l <span class=\"_ _0\"></span>ca<span class=\"_ _2\"></span>pi<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>uma<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>gra<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>acc<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>pa<span class=\"_ _8\"></span>gna<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>la<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ris<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>lun<span class=\"_ _2\"></span>go<span class=\"_ _75\"> </span>l'<span class=\"_ _8\"></span>int<span class=\"_ _8\"></span>ero<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>cic<span class=\"_ _2\"></span>lo<span class=\"_ _8\"></span> d<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> i<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da,<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>pa<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>do<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>se<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span>, <span class=\"_ _8\"></span>all<span class=\"_ _8\"></span>'on<span class=\"_ _8\"></span>-b<span class=\"_ _2\"></span>oa<span class=\"_ _2\"></span>rd<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>g, <span class=\"_ _8\"></span>de<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nen<span class=\"_ _8\"></span>do<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>rc<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>si <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>for<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>con<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>nu<span class=\"_ _2\"></span>a,<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>per<span class=\"_ _8\"></span>cor<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>c<span class=\"_ _2\"></span>res<span class=\"_ _8\"></span>cit<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>na<span class=\"_ _2\"></span>,<span class=\"_ _75\"> </span>mi<span class=\"_ _8\"></span>sur<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> w<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rk<span class=\"_ _2\"></span>-l<span class=\"_ _2\"></span>if<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>ba<span class=\"_ _8\"></span>lan<span class=\"_ _2\"></span>ce<span class=\"_ _8\"></span>, m<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>WH<span class=\"_ _2\"></span>P,<span class=\"_ _8\"></span> ol<span class=\"_ _2\"></span>tr<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>ad <span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>va<span class=\"_ _2\"></span>re<span class=\"_ _8\"></span> va<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>co<span class=\"_ _8\"></span>mun<span class=\"_ _8\"></span>icaz<span class=\"_ _8\"></span>ion<span class=\"_ _8\"></span>e i<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>na<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span>1.7.20<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff19\">Rischi legat<span class=\"_ _0\"></span>i all\u2019avanzament<span class=\"_ _0\"></span>o di richieste di rimborso p<span class=\"_ _0\"></span>er differenze retribu<span class=\"_ _0\"></span>tive<span class=\"_ _75\"> </span></span></span>Fine Foods sviluppa e pr<span class=\"_ _0\"></span>oduce per con<span class=\"_ _0\"></span>to terzi integratori alimenta<span class=\"_ _0\"></span>ri, prodotti nutraceutici e <span class=\"_ _0\"></span>farmaci ed o<span class=\"_ _0\"></span>ccupa pi\u00f9 di <span class=\"_ _0\"></span><span class=\"ls3\">700</span> dipe<span class=\"_ _0\"></span>ndenti ai<span class=\"_ _75\"> </span>quali <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>plicato <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Ccnl <span class=\"_ _4\"></span>Alimentare <span class=\"_ _4\"></span>Industria. <span class=\"_ _4\"></span>I <span class=\"_ _4\"></span>lavoratori <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>operano <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>reparti <span class=\"_ _4\"></span>produttivi, <span class=\"_ _4\"></span>dopo <span class=\"_ _3\"></span>ave<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>timbrato <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>torne<span class=\"_ _3\"></span>lli <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>rni,<span class=\"_ _75\"> </span>devono <span class=\"_ _3\"></span>raggiungere <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>spogliatoi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>ivi <span class=\"_ _3\"></span>indossare <span class=\"_ _3\"></span>pantaloni, <span class=\"_ _3\"></span>casacc<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cuff<span class=\"_ _0\"></span>ietta, <span class=\"_ _0\"></span>scar<span class=\"_ _0\"></span>pe <span class=\"_ _3\"></span>ed, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntualmen<span class=\"_ _3\"></span>te, <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>copri <span class=\"_ _3\"></span>barba. <span class=\"_ _3\"></span>Una <span class=\"_ _3\"></span>volta<span class=\"_ _75\"> </span>indossati gli <span class=\"_ _8\"></span>indum<span class=\"_ _0\"></span>enti, i <span class=\"_ _8\"></span>lavorato<span class=\"_ _0\"></span>ri escono <span class=\"_ _2\"></span>dallo spogliatoio <span class=\"_ _2\"></span>ed effettuano la <span class=\"_ _2\"></span>timbratura d\u2019inizio <span class=\"_ _2\"></span>turn<span class=\"_ _0\"></span><span class=\"ff4\">o dopodich\u00e9 <span class=\"_ _2\"></span>si recano <span class=\"_ _2\"></span>in reparto <span class=\"_ _2\"></span>alla<span class=\"_ _75\"> </span></span>propria postazione di lavoro; stesse <span class=\"_ _2\"></span>operazioni vengono poste in essere a fine <span class=\"_ _2\"></span>turno. Dagli ultimi mesi <span class=\"_ _2\"></span>del 2024, la Societ\u00e0 ha ricevuto<span class=\"_ _75\"> </span>talune <span class=\"_ _3\"></span>richieste <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>rimbor<span class=\"_ _0\"></span>so, <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>arte, <span class=\"_ _3\"></span>principalmente, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>personale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>forza <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etributive <span class=\"_ _3\"></span>affere<span class=\"_ _3\"></span>nti <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _75\"> </span>necessarie <span class=\"_ _7\"> </span>per <span class=\"_ _7\"> </span>indossare <span class=\"_ _7\"> </span>e <span class=\"_ _9\"> </span>togl<span class=\"_ _0\"></span>iere, <span class=\"_ _7\"> </span>negli <span class=\"_ _7\"> </span>spogliatoi, <span class=\"_ _7\"> </span>l\u2019abbigliamento  aziendale; <span class=\"_ _9\"> </span>alcune <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>esse, <span class=\"_ _7\"> </span>in <span class=\"_ _7\"> </span>aggiunta, <span class=\"_ _7\"> </span>chiedono <span class=\"_ _9\"> </span>an<span class=\"_ _0\"></span>che<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _9\"> </span>il<span class=\"_ _75\"> </span></span>pagamento <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>differenze <span class=\"_ _3\"></span>retribut<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>periodo <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tempo <span class=\"_ _3\"></span>impieg<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>percorrere <span class=\"_ _4\"></span>il <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>agitto <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>tor<span class=\"_ _0\"></span>ne<span class=\"_ _3\"></span>lli <span class=\"_ _3\"></span>esterni <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>lo <span class=\"_ _4\"></span>spogliatoio <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span>viceversa<span class=\"ls4\">. </span><span class=\"ff6\">In tale contesto, la Soc<span class=\"_ _0\"></span>iet\u00e0 \u00e8 giunta ad una co<span class=\"_ _0\"></span>nciliazione per tutte<span class=\"_ _0\"></span> le vertenze gi\u00e0 avviate e ha iniziato a<span class=\"_ _0\"></span> valutare l\u2019ipote<span class=\"_ _0\"></span></span>si di<span class=\"_ _75\"> </span>intraprendere <span class=\"_ _0\"></span>una tr<span class=\"_ _0\"></span>attativa con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e organizzazion<span class=\"_ _0\"></span>i sindacal<span class=\"_ _0\"></span>i per <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ificare la <span class=\"_ _0\"></span>possibilit\u00e0<span class=\"_ _0\"></span> di un<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>disciplina <span class=\"_ _0\"></span>concordata <span class=\"_ _0\"></span>che r<span class=\"_ _3\"></span><span class=\"ff6\">egol<span class=\"_ _0\"></span>i l\u2019att<span class=\"_ _0\"></span>ivit\u00e0<span class=\"_ _75\"> </span></span>di <span class=\"_ _5\"></span>vestizione <span class=\"_ _5\"></span>dei <span class=\"_ _5\"> </span>suoi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dipendenti<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>consenta <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>addiven<span class=\"_ _0\"></span>ire <span class=\"_ _5\"></span>ad <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>so<span class=\"_ _0\"></span>luzione <span class=\"_ _5\"></span>transattiva <span class=\"_ _9\"> </span>per <span class=\"_ _4\"></span>le <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>ventuali <span class=\"_ _5\"></span>ul<span class=\"_ _3\"></span>ter<span class=\"_ _0\"></span>iori<span class=\"_ _75\"> </span>rivendicazioni <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>passato<span class=\"_ _0\"></span>. <span class=\"_ _4\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prepar<span class=\"_ _0\"></span>arsi <span class=\"_ _3\"></span>alla <span class=\"_ _4\"></span>direttiv<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>UE <span class=\"_ _3\"></span>sulla <span class=\"_ _4\"></span>trasparenza <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>etributiva, <span class=\"_ _4\"></span>recepita <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _4\"></span>italiano <span class=\"_ _3\"></span>entro<span class=\"_ _75\"> </span>giugno 2026, l'az<span class=\"_ _0\"></span>ienda ha avviato<span class=\"_ _0\"></span> il processo<span class=\"_ _0\"></span> di adeguamento<span class=\"_ _0\"></span> interno intr<span class=\"_ _0\"></span>aprendendo il percor<span class=\"_ _0\"></span>so verso la cer<span class=\"_ _0\"></span>tificazione del<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>it\u00e0 di<span class=\"_ _75\"> </span>genere (UNI PdR 125).<span class=\"_ _75\"> </span>1.7.21<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi <span class=\"_ _10\"> </span>connessi <span class=\"_ _10\"> </span>ai <span class=\"_ _10\"> </span>rapporti <span class=\"_ _f\"> </span>con <span class=\"_ _10\"> </span>i <span class=\"_ _10\"> </span>fornitori: <span class=\"_ _f\"> </span>sh<span class=\"_ _0\"></span>ortage <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>mater<span class=\"_ _0\"></span>ie <span class=\"_ _f\"> </span>prim<span class=\"_ _0\"></span>e <span class=\"_ _10\"> </span>e <span class=\"_ _f\"> </span>materiali <span class=\"_ _10\"> </span>di<span class=\"_ _75\"> </span></span></span>confezionam<span class=\"_ _0\"></span>ento.<span class=\"_ _75\"> </span>In <span class=\"_ _3\"></span>consider<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>comp<span class=\"_ _0\"></span>lessa <span class=\"_ _4\"></span>situazione <span class=\"_ _3\"></span>geop<span class=\"_ _0\"></span>olitica <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>rischi <span class=\"_ _3\"></span>climatici<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>che <span class=\"_ _4\"></span>possono <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>egiudicare <span class=\"_ _4\"></span>alcuni <span class=\"_ _3\"></span>raccolti, <span class=\"_ _4\"></span>anch<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span>2025 <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>valuta <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>sia <span class=\"_ _4\"></span>esposto <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>rischio <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>dover <span class=\"_ _4\"></span>sostenere <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>costi <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>l'acquisto <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>materi<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>prime <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span>materiali <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>confezionamento <span class=\"_ _3\"></span>necessar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>svolgimento <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pria <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0, <span class=\"_ _0\"></span>unitamente<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>ritardo <span class=\"_ _3\"></span>nella <span class=\"_ _0\"></span>produzion<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>dovut<span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span>difficile <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>eribilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dette <span class=\"_ _3\"></span>materie <span class=\"_ _3\"></span>prime<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fezionamento,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>potenziali<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gativi <span class=\"_ _4\"></span><span class=\"ff6\">sull\u2019attivit\u00e0 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>situazione<span class=\"_ _75\"> </span></span>economica, patrimoniale e f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ia del Gruppo. L\u2019attiv<span class=\"_ _0\"></span>it\u00e0 del Grupp<span class=\"_ _0\"></span>o \u00e8 caratterizzata, in a<span class=\"_ _0\"></span>lcuni cas<span class=\"_ _0\"></span>i, da una limitata<span class=\"_ _0\"></span> sos<span class=\"_ _0\"></span><span class=\"ff4\">tituib<span class=\"_ _0\"></span>ilit\u00e0 dei<span class=\"_ _75\"> </span></span>fornitori, particolarmen<span class=\"_ _0\"></span>te nel settore farmace<span class=\"_ _0\"></span>utico.<span class=\"_ _75\"> </span>Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rmalmente <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>possibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>adeguare <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>prezzi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>vendita <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aumenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>materie<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prime. <span class=\"_ _4\"></span>L'<span class=\"_ _0\"></span>uff<span class=\"_ _0\"></span>icio<span class=\"_ _75\"> </span>acquisti <span class=\"_ _5\"></span>informa <span class=\"_ _5\"></span>l'uff<span class=\"_ _0\"></span>icio <span class=\"_ _5\"></span>commerciale <span class=\"_ _9\"> </span>dell'incremento <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>prezzo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>materia <span class=\"_ _5\"></span>prima, <span class=\"_ _9\"> </span>l'ufficio <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>merciale <span class=\"_ _5\"></span>valuta <span class=\"_ _5\"></span>l'imp<span class=\"_ _0\"></span>at<span class=\"_ _3\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ta<span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span>incremento sul pricing dei pr<span class=\"_ _0\"></span>odotti che includono t<span class=\"_ _0\"></span>ale materia prima<span class=\"_ _0\"></span> e lo condivide con i<span class=\"_ _0\"></span>l cliente.  Il Gruppo mantiene un live<span class=\"_ _0\"></span>llo di giacenze r<span class=\"_ _0\"></span>elativo a materie prime d<span class=\"_ _0\"></span>i uso continuativo<span class=\"_ _0\"></span> tale da sopperir<span class=\"_ _0\"></span>e ad un'improvvisa m<span class=\"_ _0\"></span>an<span class=\"_ _3\"></span>canza di<span class=\"_ _75\"> </span>materiali <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>mercato. <span class=\"_ _4\"></span>Azioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mitigazione <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>incluse <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>Business <span class=\"_ _4\"></span>Continuity <span class=\"_ _4\"></span>Plan. <span class=\"_ _4\"></span>Anche <span class=\"_ _4\"></span>col <span class=\"_ _3\"></span>fine <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prevenire <span class=\"_ _3\"></span>eve<span class=\"_ _0\"></span>ntuali<span class=\"_ _75\"> </span>impatti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>sostenibilit\u00e0 <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>medio-lungo <span class=\"_ _4\"></span>termine <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>tale <span class=\"_ _4\"></span>ambito, <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>valuter<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>corso <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>2026 <span class=\"_ _3\"></span>l'implemen<span class=\"_ _0\"></span>tazione <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>eventuali <span class=\"_ _0\"></span>applicativi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>analisi <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>valutare <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>categorie <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>prime e <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>confezionamento <span class=\"_ _0\"></span>magg<span class=\"_ _0\"></span>iormente <span class=\"_ _0\"></span>soggetti <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale<span class=\"_ _75\"> </span>rischio, col fine di individuar<span class=\"_ _0\"></span>e i fornitor<span class=\"_ _0\"></span>i esposti e, di conseguen<span class=\"_ _0\"></span>za, adottar<span class=\"_ _0\"></span>e eventuali ulteriori azioni <span class=\"_ _0\"></span>mitigatorie pro f<span class=\"_ _3\"></span>uturo.<span class=\"_ _75\"> </span>1.7.22<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio reputazionale<span class=\"_ _0\"></span> dov<span class=\"_ _2\"></span>uto al <span class=\"_ _2\"></span>mancato rispetto delle <span class=\"_ _2\"></span>leggi sulle pari <span class=\"_ _2\"></span>opportun<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _2\"></span>e diversit\u00e0<span class=\"_ _75\"> </span></span></span>da parte d<span class=\"_ _0\"></span>ei fornitori<span class=\"_ _75\"> </span>La mancata <span class=\"_ _0\"></span>attenzione <span class=\"_ _0\"></span>in merito a<span class=\"_ _0\"></span>ll'osservanza di <span class=\"_ _0\"></span>principi di <span class=\"_ _0\"></span>diversit\u00e0 <span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>i opportunit\u00e0 <span class=\"_ _0\"></span>da parte <span class=\"_ _0\"></span>dei fornitori <span class=\"_ _0\"></span>tra tut<span class=\"_ _0\"></span>ti i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>loro <span class=\"_ _0\"></span>dipendenti,<span class=\"_ _75\"> </span>in <span class=\"_ _4\"></span>termini <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>salar<span class=\"_ _0\"></span>i, <span class=\"_ _4\"></span>avanzamento <span class=\"_ _4\"></span>professionale, <span class=\"_ _4\"></span>ecc., <span class=\"_ _4\"></span>l'azienda <span class=\"_ _4\"></span>potreb<span class=\"_ _0\"></span>be <span class=\"_ _4\"></span>incorrere <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>calo <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>vendite <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>perdita <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span>fiducia da parte dei consumato<span class=\"_ _0\"></span>ri.<span class=\"_ _75\"> </span>Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali<span class=\"_ _75\"> </span>ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _75\"> </span>e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere.<span class=\"_ _75\"> </span>Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _75\"> </span>e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e<span class=\"_ _75\"> </span></span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _75\"> </span>2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore)<span class=\"_ _75\"> </span></span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende<span class=\"_ _75\"> </span>aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea<span class=\"_ _75\"> </span>con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _75\"> </span>1.7.23<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _3\"></span>reputazion<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuto <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>violazion<span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>diritti <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ani <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>lavorato<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>la </span></span>catena del valo<span class=\"_ _0\"></span>re R<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span> rep<span class=\"_ _2\"></span>ut<span class=\"_ _8\"></span>azio<span class=\"_ _8\"></span>nal<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span> le<span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> ev<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> cas<span class=\"_ _8\"></span>i d<span class=\"_ _2\"></span>i v<span class=\"_ _8\"></span>iol<span class=\"_ _2\"></span>azi<span class=\"_ _8\"></span>one<span class=\"_ _8\"></span> dei<span class=\"_ _8\"></span> di<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>uma<span class=\"_ _8\"></span>ni <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>i f<span class=\"_ _8\"></span>orn<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>i l<span class=\"_ _2\"></span>un<span class=\"_ _2\"></span>go <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>e d<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>rse<span class=\"_ _8\"></span> va<span class=\"_ _8\"></span>lue<span class=\"_ _8\"></span> cha<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span> del<span class=\"_ _2\"></span> G<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>o.<span class=\"_ _2\"></span> In<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>ca<span class=\"_ _2\"></span>so<span class=\"_ _2\"></span> di m<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span> tu<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span> de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>a sa<span class=\"_ _8\"></span>lute<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>e d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>la s<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ure<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a de<span class=\"_ _8\"></span>i pro<span class=\"_ _8\"></span>pri l<span class=\"_ _8\"></span>avo<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>ri e d<span class=\"_ _2\"></span>ei d<span class=\"_ _8\"></span>iri<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i fo<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span> del<span class=\"_ _8\"></span>l'u<span class=\"_ _2\"></span>om<span class=\"_ _8\"></span>o e de<span class=\"_ _2\"></span>l la<span class=\"_ _8\"></span>vor<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>e, i f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>ri de<span class=\"_ _2\"></span>l Gr<span class=\"_ _8\"></span>upp<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>pot<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>bb<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span> s<span class=\"_ _2\"></span>ubi<span class=\"_ _8\"></span>re<span class=\"_ _2\"></span> ma<span class=\"_ _8\"></span>ggi<span class=\"_ _8\"></span>ori <span class=\"_ _8\"></span>ric<span class=\"_ _2\"></span>hi<span class=\"_ _8\"></span>est<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>rci<span class=\"_ _8\"></span>men<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>os<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> le<span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> a <span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>le<span class=\"_ _8\"></span>gali<span class=\"_ _8\"></span> pe<span class=\"_ _8\"></span>r n<span class=\"_ _8\"></span>on <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>nf<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>\u00e0 n<span class=\"_ _8\"></span>orm<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a.<span class=\"_ _8\"></span> In<span class=\"_ _8\"></span>ol<span class=\"_ _2\"></span>tr<span class=\"_ _2\"></span>e,<span class=\"_ _2\"></span> q<span class=\"_ _8\"></span>ues<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> ev<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> po<span class=\"_ _8\"></span>tre<span class=\"_ _2\"></span>bb<span class=\"_ _8\"></span>ero<span class=\"_ _2\"></span> me<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>a r<span class=\"_ _8\"></span>epe<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>ag<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>o l<span class=\"_ _8\"></span>'op<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>it\u00e0<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> fo<span class=\"_ _8\"></span>rni<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> e <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> Fi<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>e F<span class=\"_ _8\"></span>ood<span class=\"_ _2\"></span>s,<span class=\"_ _2\"></span> ch<span class=\"_ _8\"></span>e po<span class=\"_ _2\"></span>tr<span class=\"_ _8\"></span>ebb<span class=\"_ _2\"></span>e e<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>e co<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ret<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e i<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> con<span class=\"_ _2\"></span> il<span class=\"_ _2\"></span> f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>re e,<span class=\"_ _8\"></span> qu<span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> r<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>ne <span class=\"_ _2\"></span>le<span class=\"_ _2\"></span> o<span class=\"_ _2\"></span>pe<span class=\"_ _8\"></span>rat<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>.<span class=\"_ _2\"></span> Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _0\"></span> e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere. Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _0\"></span> e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: <span class=\"_ _3\"></span> 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e </span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _0\"></span> 2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; <span class=\"_ _0\"></span> </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore) </span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i </span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _3\"></span> 1.7.24<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _9\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>reputazionale <span class=\"_ _9\"> </span>legat<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>alla <span class=\"_ _9\"> </span>violazione <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>condizio<span class=\"_ _0\"></span>ni <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>sicurezza <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>i </span></span>lavorativi lu<span class=\"_ _0\"></span>ngo la catena del valore<span class=\"_ _0\"></span> La<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>viol<span class=\"_ _8\"></span>azi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>co<span class=\"_ _8\"></span>ndi<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>sic<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>ezz<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>l<span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>lun<span class=\"_ _8\"></span>go <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>cat<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>del<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>va<span class=\"_ _2\"></span>lo<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ra<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>a <span class=\"_ _3\"></span>un<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ris<span class=\"_ _2\"></span>ch<span class=\"_ _8\"></span>io <span class=\"_ _0\"></span>sig<span class=\"_ _2\"></span>ni<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _8\"></span>o <span class=\"_ _3\"></span>pe<span class=\"_ _2\"></span>r <span class=\"_ _3\"></span>il<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>Gr<span class=\"_ _2\"></span>up<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>. <span class=\"_ _0\"></span>La ma<span class=\"_ _8\"></span>nca<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>ad<span class=\"_ _2\"></span>oz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ade<span class=\"_ _8\"></span>gua<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>mis<span class=\"_ _8\"></span>ure<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>si<span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a da par<span class=\"_ _8\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>i fo<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dei<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>su<span class=\"_ _2\"></span>ba<span class=\"_ _8\"></span>ppal<span class=\"_ _8\"></span>tat<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>pu\u00f2<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>po<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e a <span class=\"_ _0\"></span>in<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>i sul<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>la<span class=\"_ _2\"></span>vo<span class=\"_ _2\"></span>ro<span class=\"_ _2\"></span>, int<span class=\"_ _8\"></span>err<span class=\"_ _2\"></span>uz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ni op<span class=\"_ _8\"></span>era<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _2\"></span> e<span class=\"_ _8\"></span> sa<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ni l<span class=\"_ _8\"></span>ega<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> pe<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>qu<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ent<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>t\u00e0.<span class=\"_ _8\"></span> Qu<span class=\"_ _8\"></span>esti<span class=\"_ _8\"></span> fa<span class=\"_ _8\"></span>tto<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>osso<span class=\"_ _8\"></span>no <span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>us<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>e r<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span>ll<span class=\"_ _8\"></span>e co<span class=\"_ _8\"></span>nse<span class=\"_ _2\"></span>gn<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>aum<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>pp<span class=\"_ _2\"></span>ro<span class=\"_ _2\"></span>vv<span class=\"_ _2\"></span>ig<span class=\"_ _8\"></span>ion<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> e <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>ge<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ne d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> pr<span class=\"_ _8\"></span>oge<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i p<span class=\"_ _8\"></span>er i<span class=\"_ _2\"></span>l G<span class=\"_ _8\"></span>rupp<span class=\"_ _8\"></span>o, i<span class=\"_ _8\"></span>nfl<span class=\"_ _2\"></span>ue<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>do n<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _8\"></span>ame<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>rep<span class=\"_ _8\"></span>uta<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one <span class=\"_ _8\"></span>del<span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da <span class=\"_ _2\"></span>e r<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>ucen<span class=\"_ _8\"></span>do l<span class=\"_ _2\"></span>a f<span class=\"_ _8\"></span>idu<span class=\"_ _8\"></span>cia <span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>gl<span class=\"_ _2\"></span>i s<span class=\"_ _8\"></span>tak<span class=\"_ _2\"></span>eh<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>r,<span class=\"_ _2\"></span> co<span class=\"_ _2\"></span>n co<span class=\"_ _8\"></span>nse<span class=\"_ _2\"></span>gu<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>erd<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>nan<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>ari<span class=\"_ _2\"></span>e.<span class=\"_ _2\"></span> Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _0\"></span> e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere. Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _0\"></span> e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: <span class=\"_ _3\"></span> 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e </span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _0\"></span> 2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; <span class=\"_ _0\"></span> </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore) </span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i </span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _3\"></span> 1.7.25<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio legali<span class=\"_ _0\"></span> e reputazionali legati a danni alla salut<span class=\"_ _0\"></span>e e sicurezza degli utilizzatori a<span class=\"_ _0\"></span> causa di </span></span>prodotti non sicu<span class=\"_ _0\"></span>ri Il<span class=\"_ _8\"></span> G<span class=\"_ _8\"></span>rup<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>aff<span class=\"_ _2\"></span>ro<span class=\"_ _8\"></span>nta <span class=\"_ _8\"></span>r<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>si<span class=\"_ _2\"></span>gni<span class=\"_ _8\"></span>fic<span class=\"_ _8\"></span>ati<span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>leg<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>la<span class=\"_ _8\"></span> s<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>ut<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>si<span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>de<span class=\"_ _8\"></span>gli <span class=\"_ _8\"></span>u<span class=\"_ _2\"></span>til<span class=\"_ _8\"></span>izz<span class=\"_ _8\"></span>ato<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>der<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>da <span class=\"_ _8\"></span>pr<span class=\"_ _2\"></span>od<span class=\"_ _8\"></span>otti<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>n <span class=\"_ _8\"></span>sic<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>i. <span class=\"_ _8\"></span>L<span class=\"_ _8\"></span>a <span class=\"_ _8\"></span>dist<span class=\"_ _8\"></span>ri<span class=\"_ _2\"></span>buz<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>one<span class=\"_ _8\"></span> d<span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>pr<span class=\"_ _8\"></span>odo<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>ch<span class=\"_ _2\"></span>e no<span class=\"_ _8\"></span>n ri<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>no gl<span class=\"_ _8\"></span>i st<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>dar<span class=\"_ _2\"></span>d d<span class=\"_ _2\"></span>i si<span class=\"_ _8\"></span>cure<span class=\"_ _8\"></span>zza<span class=\"_ _2\"></span> pu<span class=\"_ _2\"></span>\u00f2 c<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>re da<span class=\"_ _8\"></span>nni<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>o al<span class=\"_ _8\"></span>la s<span class=\"_ _8\"></span>alu<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> de<span class=\"_ _2\"></span>gl<span class=\"_ _2\"></span>i u<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>z<span class=\"_ _2\"></span>za<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> esp<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span>nd<span class=\"_ _2\"></span>o i<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span> Gru<span class=\"_ _2\"></span>pp<span class=\"_ _8\"></span>o a po<span class=\"_ _8\"></span>ten<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i a<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>oni<span class=\"_ _2\"></span> leg<span class=\"_ _8\"></span>ali<span class=\"_ _8\"></span>, ri<span class=\"_ _8\"></span>chi<span class=\"_ _8\"></span>ami <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pro<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>e s<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>zio<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>go<span class=\"_ _2\"></span>lam<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>i. <span class=\"_ _2\"></span>Q<span class=\"_ _2\"></span>ues<span class=\"_ _8\"></span>ti <span class=\"_ _8\"></span>ev<span class=\"_ _2\"></span>ent<span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>com<span class=\"_ _2\"></span>po<span class=\"_ _8\"></span>rta<span class=\"_ _2\"></span>re <span class=\"_ _8\"></span>co<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>el<span class=\"_ _2\"></span>ev<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>rcim<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i<span class=\"_ _8\"></span>, o<span class=\"_ _8\"></span>ltr<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>a <span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i op<span class=\"_ _8\"></span>era<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _8\"></span>. I<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>lt<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>, l<span class=\"_ _8\"></span>a p<span class=\"_ _2\"></span>erc<span class=\"_ _8\"></span>ezi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e ne<span class=\"_ _2\"></span>ga<span class=\"_ _8\"></span>tiv<span class=\"_ _2\"></span>a d<span class=\"_ _8\"></span>a pa<span class=\"_ _8\"></span>rte<span class=\"_ _2\"></span> de<span class=\"_ _8\"></span>l p<span class=\"_ _2\"></span>ubb<span class=\"_ _8\"></span>lic<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>e d<span class=\"_ _8\"></span>egli<span class=\"_ _8\"></span> st<span class=\"_ _2\"></span>ak<span class=\"_ _2\"></span>eh<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>r p<span class=\"_ _8\"></span>u\u00f2<span class=\"_ _2\"></span> da<span class=\"_ _2\"></span>nn<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>gi<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span> gr<span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>em<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>rep<span class=\"_ _8\"></span>uta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> del<span class=\"_ _2\"></span>l'<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>da,<span class=\"_ _75\"> </span>ri<span class=\"_ _8\"></span>duc<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ndo<span class=\"_ _8\"></span> la<span class=\"_ _2\"></span> f<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>ucia<span class=\"_ _8\"></span> de<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>egli<span class=\"_ _8\"></span> in<span class=\"_ _2\"></span>ve<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ito<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nfl<span class=\"_ _8\"></span>uen<span class=\"_ _8\"></span>zan<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _8\"></span> i <span class=\"_ _8\"></span>rica<span class=\"_ _8\"></span>vi <span class=\"_ _8\"></span>e la<span class=\"_ _8\"></span> po<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>merc<span class=\"_ _8\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>del<span class=\"_ _8\"></span> Gr<span class=\"_ _2\"></span>up<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>.<span class=\"_ _75\"> </span>Il<span class=\"_ _8\"></span> Gr<span class=\"_ _8\"></span>upp<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e d<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>un<span class=\"_ _2\"></span> r<span class=\"_ _8\"></span>obu<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>em<span class=\"_ _8\"></span>a d<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>qu<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span>t\u00e0<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>um<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ose<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>tifi<span class=\"_ _8\"></span>caz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> c<span class=\"_ _8\"></span>he <span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>isc<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>il<span class=\"_ _8\"></span> ri<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>no<span class=\"_ _8\"></span>rme<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>buo<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>fab<span class=\"_ _2\"></span>br<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span>Tu<span class=\"_ _8\"></span>tti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>pro<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> e<span class=\"_ _8\"></span> le <span class=\"_ _8\"></span>ma<span class=\"_ _2\"></span>ter<span class=\"_ _8\"></span>ie <span class=\"_ _8\"></span>pri<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span> v<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>go<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> s<span class=\"_ _2\"></span>cr<span class=\"_ _8\"></span>upo<span class=\"_ _2\"></span>lo<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>me<span class=\"_ _8\"></span>nte<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span>na<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>att<span class=\"_ _2\"></span>es<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>co<span class=\"_ _8\"></span>nfo<span class=\"_ _2\"></span>rm<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>\u00e0 al<span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>spe<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i<span class=\"_ _8\"></span> ri<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span>sc<span class=\"_ _8\"></span>io.<span class=\"_ _75\"> </span>1.7.26<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>utilizzo <span class=\"_ _9\"> </span>impro<span class=\"_ _0\"></span>prio, <span class=\"_ _5\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>autorizzato <span class=\"_ _9\"> </span>o <span class=\"_ _5\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>competente <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>dat<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>aziendali, <span class=\"_ _9\"> </span>tramite<span class=\"_ _75\"> </span></span></span>strumenti di In<span class=\"_ _0\"></span>telligenza Artificiale (IA) g<span class=\"_ _0\"></span>enerativa da par<span class=\"_ _0\"></span>te del personale<span class=\"_ _75\"> </span>Il<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>sc<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>i<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>ie<span class=\"_ _8\"></span>go <span class=\"_ _3\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>st<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _8\"></span>lli<span class=\"_ _2\"></span>ge<span class=\"_ _2\"></span>nz<span class=\"_ _8\"></span>a <span class=\"_ _4\"></span>a<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>if<span class=\"_ _8\"></span>ici<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>(I<span class=\"_ _2\"></span>A)<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>ge<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span>rat<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a,<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>no<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>pre<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>am<span class=\"_ _8\"></span>bito<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>end<span class=\"_ _2\"></span>al<span class=\"_ _8\"></span>e, <span class=\"_ _3\"></span>pu<span class=\"_ _8\"></span>\u00f2 <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>po<span class=\"_ _8\"></span>rta<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>l<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>per<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span>in<span class=\"_ _8\"></span>for<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i ri<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>rv<span class=\"_ _2\"></span>at<span class=\"_ _8\"></span>e, e<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>do i<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>Gru<span class=\"_ _8\"></span>ppo <span class=\"_ _2\"></span>a p<span class=\"_ _8\"></span>ote<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ann<span class=\"_ _8\"></span>i ec<span class=\"_ _8\"></span>ono<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span> e r<span class=\"_ _8\"></span>epu<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span>. T<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i s<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>tua<span class=\"_ _8\"></span>zio<span class=\"_ _8\"></span>ni si<span class=\"_ _2\"></span> ma<span class=\"_ _8\"></span>ni<span class=\"_ _2\"></span>fe<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ano<span class=\"_ _2\"></span> a c<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>as<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>a<span class=\"_ _75\"> </span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>pre<span class=\"_ _8\"></span>sid<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>e/o<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>lin<span class=\"_ _2\"></span>ee<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>g<span class=\"_ _2\"></span>ui<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> <span class=\"_ _5\"></span>sp<span class=\"_ _8\"></span>eci<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>ch<span class=\"_ _8\"></span>e <span class=\"_ _4\"></span>su<span class=\"_ _2\"></span>l <span class=\"_ _3\"></span>te<span class=\"_ _2\"></span>ma <span class=\"_ _3\"></span>IA<span class=\"_ _2\"></span>, <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>da<span class=\"_ _8\"></span>ll'<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>adeg<span class=\"_ _8\"></span>uat<span class=\"_ _2\"></span>a <span class=\"_ _3\"></span>co<span class=\"_ _2\"></span>mpr<span class=\"_ _8\"></span>ensi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>li<span class=\"_ _8\"></span>mit<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>ta<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>si<span class=\"_ _8\"></span>ste<span class=\"_ _8\"></span>mi <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>pa<span class=\"_ _2\"></span>rte<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>del<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>p<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>so<span class=\"_ _2\"></span>nal<span class=\"_ _8\"></span>e<span class=\"_ _75\"> </span>di<span class=\"_ _8\"></span>pen<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>che<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>pu<span class=\"_ _8\"></span>\u00f2 fa<span class=\"_ _8\"></span>r <span class=\"_ _2\"></span>us<span class=\"_ _2\"></span>o i<span class=\"_ _8\"></span>mpro<span class=\"_ _8\"></span>pri<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>men<span class=\"_ _8\"></span>te.<span class=\"_ _75\"> </span>C<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>il<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>r<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>EU <span class=\"_ _d\"></span>202<span class=\"_ _8\"></span>4/1<span class=\"_ _2\"></span>68<span class=\"_ _2\"></span>9 <span class=\"_ _8\"></span>su<span class=\"_ _8\"></span>ll'<span class=\"_ _8\"></span>Int<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>gen<span class=\"_ _2\"></span>za<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>Ar<span class=\"_ _8\"></span>tif<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>iale<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>(A<span class=\"_ _2\"></span>I <span class=\"_ _8\"></span>A<span class=\"_ _2\"></span>ct<span class=\"_ _8\"></span>), <span class=\"_ _8\"></span>l<span class=\"_ _8\"></span>a <span class=\"_ _8\"></span>Co<span class=\"_ _8\"></span>mmis<span class=\"_ _8\"></span>sio<span class=\"_ _8\"></span>ne <span class=\"_ _8\"></span>E<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>ope<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>h<span class=\"_ _2\"></span>a <span class=\"_ _d\"></span>sta<span class=\"_ _2\"></span>bi<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>un<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>nu<span class=\"_ _2\"></span>ov<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>q<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>dr<span class=\"_ _8\"></span>o <span class=\"_ _8\"></span>n<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rma<span class=\"_ _8\"></span>tiv<span class=\"_ _2\"></span>o <span class=\"_ _d\"></span>ded<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>to<span class=\"_ _75\"> </span>al<span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>piat<span class=\"_ _8\"></span>taf<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rme<span class=\"_ _8\"></span> IA<span class=\"_ _2\"></span> g<span class=\"_ _8\"></span>ene<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _8\"></span>, p<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> o<span class=\"_ _2\"></span>vv<span class=\"_ _2\"></span>ia<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>a:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ime<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>di<span class=\"_ _8\"></span> da<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>uto<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i,<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span>bo<span class=\"_ _8\"></span>raz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>eff<span class=\"_ _8\"></span>ica<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span> o <span class=\"_ _8\"></span>erra<span class=\"_ _8\"></span>te,<span class=\"_ _8\"></span> con<span class=\"_ _2\"></span>di<span class=\"_ _8\"></span>vis<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> di<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>ib<span class=\"_ _8\"></span>ili<span class=\"_ _2\"></span> o<span class=\"_ _8\"></span> so<span class=\"_ _2\"></span>gg<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>riv<span class=\"_ _8\"></span>acy;<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">u<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>o <span class=\"_ _d\"></span>fr<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>o <span class=\"_ _8\"></span>de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>ris<span class=\"_ _8\"></span>ors<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>azi<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>, <span class=\"_ _8\"></span>ma<span class=\"_ _8\"></span>nipo<span class=\"_ _8\"></span>laz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ne <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>ban<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>dat<span class=\"_ _8\"></span>i, <span class=\"_ _8\"></span>v<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>cop<span class=\"_ _2\"></span>yr<span class=\"_ _2\"></span>ig<span class=\"_ _8\"></span>ht,<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>cr<span class=\"_ _8\"></span>eaz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>nuo<span class=\"_ _2\"></span>vi<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>bus<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>es<span class=\"_ _2\"></span>s <span class=\"_ _d\"></span>dan<span class=\"_ _8\"></span>nos<span class=\"_ _2\"></span>i.<span class=\"_ _75\"> </span></span></span>Ta<span class=\"_ _8\"></span>le at<span class=\"_ _8\"></span>to s<span class=\"_ _2\"></span>i in<span class=\"_ _8\"></span>ser<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span> in u<span class=\"_ _8\"></span>na pi<span class=\"_ _2\"></span>\u00f9 a<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span> st<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>gi<span class=\"_ _2\"></span>a e<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>ope<span class=\"_ _8\"></span>a ch<span class=\"_ _2\"></span>e ri<span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ono<span class=\"_ _8\"></span>sce<span class=\"_ _2\"></span> la r<span class=\"_ _2\"></span>il<span class=\"_ _8\"></span>eva<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>a d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>la t<span class=\"_ _8\"></span>ema<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span> e la<span class=\"_ _2\"></span> ne<span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span>ss<span class=\"_ _8\"></span>it\u00e0 d<span class=\"_ _2\"></span>i g<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>anti<span class=\"_ _8\"></span>rn<span class=\"_ _2\"></span>e il<span class=\"_ _2\"></span> pr<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>io pe<span class=\"_ _8\"></span>r<span class=\"_ _75\"> </span>ga<span class=\"_ _8\"></span>ran<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>re l<span class=\"_ _8\"></span>a t<span class=\"_ _8\"></span>ute<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>ell<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>pr<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>cy<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>dini<span class=\"_ _8\"></span> e <span class=\"_ _8\"></span>del<span class=\"_ _2\"></span> k<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>-h<span class=\"_ _2\"></span>ow<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span> azi<span class=\"_ _8\"></span>end<span class=\"_ _8\"></span>e e<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>pee<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span>P<span class=\"_ _2\"></span>er <span class=\"_ _8\"></span>aff<span class=\"_ _8\"></span>ron<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re i<span class=\"_ _8\"></span> ris<span class=\"_ _8\"></span>chi<span class=\"_ _8\"></span> del<span class=\"_ _8\"></span>l'I<span class=\"_ _8\"></span>ntel<span class=\"_ _8\"></span>lig<span class=\"_ _8\"></span>enza<span class=\"_ _8\"></span> Ar<span class=\"_ _8\"></span>tif<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>ia<span class=\"_ _8\"></span>le g<span class=\"_ _8\"></span>ene<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>va<span class=\"_ _8\"></span>, e<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>gu<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>o ai<span class=\"_ _8\"></span> pr<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nc<span class=\"_ _2\"></span>\u00ecp<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>al R<span class=\"_ _8\"></span>ego<span class=\"_ _2\"></span>la<span class=\"_ _8\"></span>ment<span class=\"_ _8\"></span>o E<span class=\"_ _2\"></span>U <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>ll<span class=\"_ _8\"></span>'A<span class=\"_ _2\"></span>I <span class=\"_ _2\"></span>20<span class=\"_ _2\"></span>24/<span class=\"_ _8\"></span>168<span class=\"_ _2\"></span>9<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>ie<span class=\"_ _2\"></span>nd<span class=\"_ _2\"></span>a<span class=\"_ _75\"> </span>st<span class=\"_ _8\"></span>a v<span class=\"_ _8\"></span>alut<span class=\"_ _8\"></span>and<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>un<span class=\"_ _8\"></span>a o<span class=\"_ _2\"></span> p<span class=\"_ _2\"></span>i\u00f9<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i m<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>igat<span class=\"_ _8\"></span>ori<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>de<span class=\"_ _8\"></span>l r<span class=\"_ _2\"></span>is<span class=\"_ _8\"></span>chio<span class=\"_ _8\"></span>, t<span class=\"_ _8\"></span>ra <span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>i:<span class=\"_ _8\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l<span class=\"_ _2\"></span>'i<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span>men<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>di P<span class=\"_ _8\"></span>roo<span class=\"_ _8\"></span>f-<span class=\"lse\">of</span>-C<span class=\"_ _8\"></span>onc<span class=\"_ _2\"></span>ep<span class=\"_ _8\"></span>t (<span class=\"_ _2\"></span>POC<span class=\"_ _8\"></span>) <span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>cn<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>og<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>i,<span class=\"_ _8\"></span> a <span class=\"_ _2\"></span>pa<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>ir<span class=\"_ _8\"></span>e d<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>so<span class=\"_ _8\"></span>luz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _8\"></span> en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>rpi<span class=\"_ _8\"></span>se <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> g<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>cco<span class=\"_ _2\"></span>un<span class=\"_ _2\"></span>t a<span class=\"_ _8\"></span>zie<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>;<span class=\"_ _2\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l<span class=\"_ _2\"></span>'i<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>rod<span class=\"_ _2\"></span>uz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>una<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>cy <span class=\"_ _4\"></span>IA<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>a <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span>sci<span class=\"_ _2\"></span>pl<span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>l'e<span class=\"_ _8\"></span>ven<span class=\"_ _2\"></span>tu<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>uti<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>zzo <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>ap<span class=\"_ _2\"></span>pl<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>i <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _5\"></span>IA<span class=\"_ _2\"></span>, <span class=\"_ _3\"></span>com<span class=\"_ _8\"></span>pre<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>mo<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>t\u00e0 <span class=\"_ _4\"></span>d<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>con<span class=\"_ _2\"></span>su<span class=\"_ _8\"></span>ltaz<span class=\"_ _8\"></span>ion<span class=\"_ _8\"></span>e,<span class=\"_ _75\"> </span></span></span>ev<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> au<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>rizz<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i e<span class=\"_ _2\"></span> li<span class=\"_ _8\"></span>mit<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e s<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>pe<span class=\"_ _8\"></span>riod<span class=\"_ _8\"></span>ica<span class=\"_ _8\"></span> che<span class=\"_ _8\"></span> se<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>bi<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>il<span class=\"_ _8\"></span> pe<span class=\"_ _2\"></span>rs<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>ale <span class=\"_ _8\"></span>aut<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>izz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> r<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>di<span class=\"_ _8\"></span> uti<span class=\"_ _8\"></span>liz<span class=\"_ _2\"></span>zo<span class=\"_ _8\"></span> im<span class=\"_ _8\"></span>pro<span class=\"_ _2\"></span>pri<span class=\"_ _8\"></span>o d<span class=\"_ _8\"></span>ell'<span class=\"_ _8\"></span>IA<span class=\"_ _75\"> </span></span></span><span class=\"ff5\">Valutazioni discrezion<span class=\"_ _2\"></span>ali e stime contabili significat<span class=\"_ _2\"></span>ive<span class=\"_ _75\"> </span></span>La <span class=\"_ _7\"> </span>preparazione  del <span class=\"_ _7\"> </span>bilancio <span class=\"_ _7\"> </span>del  Gruppo <span class=\"_ _7\"> </span>richiede <span class=\"_ _7\"> </span>agli <span class=\"_ _7\"> </span>amministrator<span class=\"_ _0\"></span>i <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>effettuare  valutazioni <span class=\"_ _9\"> </span>discrezion<span class=\"_ _0\"></span>ali, <span class=\"_ _7\"> </span>stime <span class=\"_ _7\"> </span>e  ipotesi <span class=\"_ _9\"> </span>che<span class=\"_ _75\"> </span>influenzano <span class=\"_ _4\"></span>i <span class=\"_ _5\"> </span>valor<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ricavi, <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>ti, <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>l\u2019informativa <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>questi <span class=\"_ _5\"></span>relativa, <span class=\"_ _5\"></span>nonch\u00e9<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>l\u2019indicazione <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>passiv<span class=\"_ _3\"></span><span class=\"ff4\">it\u00e0<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>potenzial<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span></span>L\u2019incertezza <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>tali <span class=\"_ _0\"></span>i<span class=\"ff4\">potesi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>potrebbe <span class=\"_ _0\"></span>deter<span class=\"_ _0\"></span>minare <span class=\"_ _0\"></span>esiti <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>richiederanno, <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>futuro, <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>aggiusta<span class=\"_ _0\"></span>mento <span class=\"_ _0\"></span>significativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>contabile di tali attivit\u00e0 e/o <span class=\"_ _0\"></span>passivit\u00e0.<span class=\"_ _75\"> </span>1.8.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Valutazioni disc<span class=\"_ _0\"></span>rezionali<span class=\"_ _75\"> </span></span></span>Nell\u2019a<span class=\"ff4\">pplicare i principi<span class=\"_ _0\"></span> contabili <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span>, gli ammin<span class=\"_ _0\"></span>istratori hanno<span class=\"_ _0\"></span> assunto decisioni basate<span class=\"_ _0\"></span> sulle seg<span class=\"_ _0\"></span>uenti valutazioni di<span class=\"_ _0\"></span>screzionali<span class=\"_ _75\"> </span></span>(escluse quelle che comportan<span class=\"_ _0\"></span>o delle stime).<span class=\"_ _75\"> </span>Giudizio significativo <span class=\"_ _2\"></span>nel determinare la <span class=\"_ _2\"></span>durata del <span class=\"_ _2\"></span>leasing dei <span class=\"_ _2\"></span>contratti che <span class=\"_ _2\"></span>contengono un\u2019opzione di <span class=\"_ _2\"></span>proroga \u2013<span class=\"_ _0\"></span><span class=\"ff3\"> Le <span class=\"_ _8\"></span>Societ\u00e0 del Gruppo<span class=\"_ _75\"> </span></span>come locatari<span class=\"_ _75\"> </span>Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _9\"> </span>determina <span class=\"_ _9\"> </span>la <span class=\"_ _5\"></span>dur<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>leasing <span class=\"_ _9\"> </span>come <span class=\"_ _9\"> </span>il <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>eriodo <span class=\"_ _9\"> </span>non <span class=\"_ _9\"> </span>annullabile <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>leasing <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cui <span class=\"_ _9\"> </span>vanno <span class=\"_ _9\"> </span>aggiunti <span class=\"_ _9\"> </span>sia <span class=\"_ _5\"> </span>i <span class=\"_ _9\"> </span>periodi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>coperti<span class=\"_ _75\"> </span>dall\u2019opzione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>nsione <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>leasing <span class=\"_ _3\"></span>stesso,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sia<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>ragionevo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>certezza<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>eser<span class=\"_ _0\"></span>citare <span class=\"_ _4\"></span>tale <span class=\"_ _3\"></span>opzione, <span class=\"_ _4\"></span>sia <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>perio<span class=\"_ _4\"></span><span class=\"ff4\">di <span class=\"_ _3\"></span>coper<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span>dall\u2019opzione di risoluzione de<span class=\"_ _0\"></span>l leasing qualor<span class=\"_ _0\"></span>a vi sia la ragionevole <span class=\"_ _0\"></span>certezza di non ese<span class=\"_ _0\"></span>rcitare tale op<span class=\"_ _0\"></span>zione.<span class=\"_ _75\"> </span>Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>la <span class=\"_ _4\"></span>possibilit\u00e0, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>alcuni <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>suoi <span class=\"_ _0\"></span>leasing, <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prolungare <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>concluder<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>anticipatamente. <span class=\"_ _5\"></span>Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>applica <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span>proprio <span class=\"_ _0\"></span>giudizio <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>valutare <span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>sia <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>ionevole <span class=\"_ _3\"></span>certezza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>citare <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>opzioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>rinnovo. <span class=\"_ _3\"></span>Ci\u00f2 <span class=\"_ _3\"></span>detto, <span class=\"_ _4\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>considera <span class=\"_ _3\"></span>tutti <span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>fattori rilevati <span class=\"_ _0\"></span>che possano<span class=\"_ _0\"></span> comportar<span class=\"_ _0\"></span>e un <span class=\"_ _0\"></span>incentivo econo<span class=\"_ _0\"></span>mico ad esercitar<span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>opzioni di <span class=\"_ _0\"></span>rinnovo o a <span class=\"_ _0\"></span>concludere <span class=\"_ _0\"></span>il contratt<span class=\"_ _3\"></span>o. <span class=\"_ _0\"></span>Dopo la<span class=\"_ _75\"> </span>data <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>decorrenza, <span class=\"_ _9\"> </span>il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>rivede <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>stime<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>circa<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>durata<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>leasing <span class=\"_ _4\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>caso <span class=\"_ _9\"> </span>in <span class=\"_ _4\"></span>cui <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>prese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti <span class=\"_ _4\"></span>un <span class=\"_ _5\"></span>significativo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>eve<span class=\"_ _0\"></span>nto <span class=\"_ _4\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>una<span class=\"_ _75\"> </span>significativa <span class=\"_ _4\"></span>modifica <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>circostanze <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>sotto <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>proprio <span class=\"_ _4\"></span>controllo <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>possono <span class=\"_ _4\"></span>influire <span class=\"_ _4\"></span>sulla <span class=\"_ _4\"></span>capacit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>esercitar<span class=\"_ _0\"></span>e<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>(o <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>non<span class=\"_ _75\"> </span>esercitare) <span class=\"_ _9\"> </span>l\u2019opzione <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>rinno<span class=\"_ _0\"></span>vo <span class=\"_ _9\"> </span>o <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>cancellazione <span class=\"_ _5\"> </span>an<span class=\"_ _0\"></span>ticipata <span class=\"_ _9\"> </span>(ad <span class=\"_ _5\"></span>esempio,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>invest<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span><span class=\"ff4\">ti <span class=\"_ _9\"> </span>in <span class=\"_ _5\"></span>migliorie <span class=\"_ _9\"> </span>sui <span class=\"_ _5\"></span>beni <span class=\"_ _9\"> </span>in <span class=\"_ _5\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>o <span class=\"_ _9\"> </span>rilevanti<span class=\"_ _75\"> </span></span>modifiche specifiche sul be<span class=\"_ _0\"></span>ne in leasing)<span class=\"_ _0\"></span> (si veda par<span class=\"_ _0\"></span>agrafo 3.4 <span class=\"ff6\">\u201cLe<span class=\"_ _0\"></span>ases\u201d</span>).<span class=\"_ _75\"> </span>1.8.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Stime e assunzio<span class=\"_ _0\"></span>ni </span></span>Sono di seg<span class=\"_ _0\"></span>uito <span class=\"_ _0\"></span>illustrate le<span class=\"_ _0\"></span> assu<span class=\"_ _0\"></span>nzioni principali<span class=\"_ _0\"></span> riguarda<span class=\"_ _0\"></span>nti il futur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>altre pr<span class=\"_ _0\"></span>incipali cause <span class=\"_ _0\"></span>d\u2019ince<span class=\"_ _0\"></span>rtezza <span class=\"_ _0\"></span>valutativa<span class=\"_ _3\"></span><span class=\"ff4\"> che,<span class=\"_ _0\"></span> alla da<span class=\"_ _0\"></span>ta di<span class=\"_ _0\"></span> </span>chiusura <span class=\"_ _0\"></span>dell\u2019eserci<span class=\"_ _0\"></span>zio, <span class=\"_ _0\"></span>presentan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>rilevan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>luog<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>rettifiche <span class=\"_ _0\"></span>signifi<span class=\"_ _0\"></span>cative <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>valori <span class=\"_ _3\"></span>cont<span class=\"_ _3\"></span><span class=\"ff4\">abili <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passivit\u00e0<span class=\"_ _0\"></span> </span>entro <span class=\"_ _2\"></span>l\u2019esercizio successivo. <span class=\"_ _2\"></span><span class=\"ff4\">Il Gruppo <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>basato <span class=\"_ _2\"></span>le proprie <span class=\"_ _8\"></span>stime ed <span class=\"_ _2\"></span>assunzioni <span class=\"_ _2\"></span>su parametri <span class=\"_ _2\"></span>disponibili al <span class=\"_ _8\"></span>momen<span class=\"_ _0\"></span>to <span class=\"_ _2\"></span>della preparazione </span>del <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span><span class=\"ff6\">d\u2019ese<span class=\"_ _0\"></span>rcizio</span>. <span class=\"_ _3\"></span>Tuttavia, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>circo<span class=\"_ _0\"></span>stanze <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>assunzioni <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span><span class=\"ls4\">futu</span>ri <span class=\"_ _3\"></span>potrebbero <span class=\"_ _3\"></span>modificarsi <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cambiamenti<span class=\"_ _0\"></span> nel mercato <span class=\"_ _2\"></span>o di <span class=\"_ _8\"></span>ac<span class=\"_ _0\"></span>cadimenti non controllabili dal <span class=\"_ _2\"></span>Gruppo. Tali cambiamenti, qualora <span class=\"_ _2\"></span>avvengano, sono riflessi <span class=\"_ _2\"></span>nelle assunzioni quando avvengono. Accantonamento per perdite<span class=\"_ _0\"></span> attese su cred<span class=\"_ _0\"></span>iti commerciali<span class=\"_ _0\"></span> ed acca<span class=\"_ _0\"></span>ntonamento a fon<span class=\"_ _0\"></span>do svalutazione mag<span class=\"_ _0\"></span>azzino<span class=\"_ _0\"></span> Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _5\"> </span>utilizza <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>metodo <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>matrice <span class=\"_ _4\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>calcolare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>ECL <span class=\"_ _4\"></span>per <span class=\"_ _5\"></span>i <span class=\"_ _4\"></span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _4\"></span>commer<span class=\"_ _0\"></span>ciali. <span class=\"_ _4\"></span>Le <span class=\"_ _5\"></span>aliquote <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>accanton<span class=\"_ _0\"></span>amento <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span><span class=\"ls3\">ono</span> <span class=\"_ _5\"></span>infatti determinate <span class=\"_ _9\"> </span>principalmente <span class=\"_ _5\"></span>sulle<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>prob<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>default <span class=\"_ _5\"> </span>del <span class=\"_ _9\"> </span>settore <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>riferimento <span class=\"_ _9\"> </span>ma <span class=\"_ _5\"></span>anche <span class=\"_ _9\"> </span>in <span class=\"_ _5\"> </span>ba<span class=\"_ _0\"></span>se <span class=\"_ _9\"> </span>al <span class=\"_ _5\"></span>tasso <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>insol<span class=\"_ _0\"></span>venza <span class=\"_ _5\"></span>st<span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>ico osservato dalle Soc<span class=\"_ _0\"></span>iet\u00e0 del Gruppo<span class=\"_ _0\"></span>. Ad ogni data di riferimento, i ta<span class=\"_ _0\"></span>ssi di insolvenza storici vengono a<span class=\"_ _0\"></span>ggiornati e ven<span class=\"_ _0\"></span>gono analizzati i cambiam<span class=\"_ _0\"></span>enti nelle stime <span class=\"_ _3\"></span>su elementi previsionali. La <span class=\"_ _8\"></span>valutazione<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>della <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>relazione <span class=\"_ _8\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _8\"></span>i <span class=\"_ _8\"></span>tassi <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>insolvenza<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>storici, <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>co<span class=\"_ _0\"></span>ndizioni <span class=\"_ _8\"></span>econom<span class=\"_ _0\"></span>iche <span class=\"_ _8\"></span>previsionali<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>ECL <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _8\"></span>una <span class=\"_ _8\"></span>sti<span class=\"_ _3\"></span>ma <span class=\"_ _8\"></span>significati<span class=\"_ _0\"></span>va. L\u2019ammontare <span class=\"_ _0\"></span>di ECL <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>sensibile <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>cambiamenti <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>circostanze <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>delle condi<span class=\"_ _0\"></span>zioni e<span class=\"_ _0\"></span>conomiche pr<span class=\"_ _0\"></span>eviste. <span class=\"_ _0\"></span>Anche l'e<span class=\"_ _4\"></span><span class=\"ff4\">sperienza storica </span>sull\u2019andamento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cred<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll<span class=\"ff4\">e <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>previsione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>condi<span class=\"_ _0\"></span>zioni <span class=\"_ _3\"></span>economiche <span class=\"_ _3\"></span>future <span class=\"_ _3\"></span>potr<span class=\"_ _0\"></span>ebbero <span class=\"_ _3\"></span>non </span>essere rappresenta<span class=\"_ _0\"></span>tive dell\u2019insolvenza e<span class=\"_ _0\"></span>ffettiva del cliente in fu<span class=\"_ _0\"></span>turo.<span class=\"_ _0\"></span><span class=\"ff4\">  </span>Ad ogni da<span class=\"_ _0\"></span>ta di <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>il Gr<span class=\"_ _0\"></span>uppo pr<span class=\"_ _0\"></span>ovvede a <span class=\"_ _0\"></span>verificare <span class=\"_ _0\"></span>eventuali perdite<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e relative <span class=\"_ _0\"></span>alle rima<span class=\"_ _0\"></span>nenze in <span class=\"_ _0\"></span>giacenza. Tale <span class=\"_ _0\"></span>attivit\u00e0 viene <span class=\"_ _0\"></span>eseguita <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>livello <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>lotto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>produzione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>fa <span class=\"_ _0\"></span>rifer<span class=\"_ _0\"></span>mento <span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>scadenza <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>materiale <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>eventuali <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>c<span class=\"_ _3\"></span>onformit\u00e0<span class=\"_ _0\"></span> dei prodotti. Piani a benefici definiti (fondi p<span class=\"_ _0\"></span>ensione)<span class=\"_ _0\"></span> Il costo <span class=\"_ _8\"></span>dei piani pensionistici <span class=\"_ _8\"></span>a benefici definiti <span class=\"_ _8\"></span>e degli altri <span class=\"_ _2\"></span>benefici successivi <span class=\"_ _8\"></span>al rapporto di <span class=\"_ _2\"></span>lavoro ed <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>e att<span class=\"ff6\">uale dell\u2019obbligazione </span>per  benefici <span class=\"_ _7\"> </span>definiti  sono  determinati <span class=\"_ _7\"> </span>utilizzando<span class=\"_ _0\"></span>  valutazioni <span class=\"_ _7\"> </span>attua<span class=\"_ _0\"></span>riali.  La <span class=\"_ _7\"> </span>valutazione  attuariale  richied<span class=\"_ _0\"></span><span class=\"ff6\">e  l\u2019elaborazione  di  varie </span>assunzioni <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>possono differire <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>agli <span class=\"_ _2\"></span>effettivi <span class=\"_ _2\"></span>sviluppi futuri. <span class=\"_ _8\"></span>Queste assunzioni <span class=\"_ _8\"></span>includono la <span class=\"_ _8\"></span>deter<span class=\"_ _0\"></span>minazione del <span class=\"_ _8\"></span>tasso di sconto, <span class=\"_ _8\"></span>i futuri incrementi <span class=\"_ _3\"></span>salariali, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>tassi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mor<span class=\"_ _0\"></span>talit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>futuro <span class=\"_ _4\"></span>incremento <span class=\"_ _0\"></span>delle <span class=\"_ _4\"></span>pensioni. <span class=\"_ _0\"></span>A <span class=\"_ _3\"></span>caus<span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>complessit\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>valutazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> natura <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>lungo <span class=\"_ _4\"></span>ter<span class=\"_ _0\"></span>mine, <span class=\"_ _4\"></span>tali <span class=\"_ _4\"></span>stim<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>estr<span class=\"_ _0\"></span>emante <span class=\"_ _4\"></span>sensib<span class=\"_ _0\"></span>ili <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>ca<span class=\"_ _0\"></span>mbiamenti <span class=\"_ _4\"></span>nelle <span class=\"_ _4\"></span>as<span class=\"_ _0\"></span>sunzioni. <span class=\"_ _9\"> </span>Tutte <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>assunzion<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>riv<span class=\"_ _0\"></span>iste <span class=\"_ _4\"></span>con periodicit\u00e0 annuale.<span class=\"_ _0\"></span> Imposte Le societ\u00e0 <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo sono <span class=\"_ _0\"></span>sottoposte <span class=\"_ _0\"></span>al regime <span class=\"_ _0\"></span>fiscale e <span class=\"_ _0\"></span>tributario italiano<span class=\"_ _0\"></span>. Gli <span class=\"_ _0\"></span>amministratori <span class=\"_ _0\"></span>nella de<span class=\"_ _0\"></span>finizione del <span class=\"_ _0\"></span>reddito impon<span class=\"_ _0\"></span>ibile e <span class=\"_ _2\"></span>quindi <span class=\"_ _2\"></span>nella <span class=\"_ _2\"></span>quantificazione<span class=\"_ _0\"></span> delle <span class=\"_ _8\"></span>imposte da <span class=\"_ _8\"></span>liqu<span class=\"_ _0\"></span>idare interpretano <span class=\"_ _8\"></span>tali normative. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>attivit\u00e0 fiscali <span class=\"_ _2\"></span>differite <span class=\"_ _2\"></span>sono rilevate per <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>perdite fiscali non utilizzate, nella misur<span class=\"_ _0\"></span>a in cui \u00e8 pro<span class=\"_ _0\"></span><span class=\"ff6\">babile che in futur<span class=\"_ _0\"></span>o vi sar\u00e0 un utile imponibile tale da<span class=\"_ _0\"></span> permettere l\u2019utilizzo delle pe<span class=\"_ _0\"></span>rdite. \u00c8 </span>richiesta un\u2019attivit\u00e0 di<span class=\"_ _0\"></span> stima r<span class=\"_ _0\"></span>ilevante da par<span class=\"_ _0\"></span>te della direzione<span class=\"_ _0\"></span> azien<span class=\"_ _0\"></span>dale per determinar<span class=\"_ _0\"></span>e l\u2019ammontar<span class=\"_ _0\"></span>e delle attivit\u00e0 f<span class=\"_ _0\"></span>iscal<span class=\"_ _0\"></span><span class=\"ff4\">i<span class=\"_ _0\"></span> che possono<span class=\"_ _0\"></span> </span>essere rilevate sulla base d<span class=\"_ _0\"></span>el livello di utili imponibili futuri, sulla tempistica della lor<span class=\"_ _0\"></span>o manifestazion<span class=\"_ _0\"></span>e e sulle strategie di pianificazione fiscale applicabili. <span class=\"_ _0\"></span> Riduzioni di valore di attivit\u00e0 no<span class=\"_ _0\"></span>n finanziarie<span class=\"_ _0\"></span> U<span class=\"ff6\">na riduzione <span class=\"_ _0\"></span>di valor<span class=\"_ _0\"></span>e si ver<span class=\"_ _0\"></span>ifica quando <span class=\"_ _0\"></span>il valore <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>di un\u2019attivit\u00e0 o <span class=\"_ _0\"></span>unit\u00e0 gene<span class=\"_ _0\"></span>ratrice di <span class=\"_ _0\"></span>flussi di cassa <span class=\"_ _0\"></span>eccede <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span></span> pr<span class=\"_ _0\"></span>oprio valore recuperabile, che \u00e8 il maggiore tra il suo <span class=\"_ _2\"></span>fair value dedotti i costi di vendita e il suo valore d\u2019uso. Il calcolo del valore d\u2019uso \u00e8 basato su un modello di attualizzazione <span class=\"_ _2\"></span>dei flussi di cassa. <span class=\"_ _2\"></span>Il valore recuperabile dipende sensibilmente dal <span class=\"_ _2\"></span>tasso di sconto utilizzato nel modello di attualizzazione dei flussi di cas<span class=\"_ _0\"></span>sa, cos\u00ec come dai flussi di cassa attesi in futur<span class=\"_ _0\"></span>o <span class=\"ff6\">e d<span class=\"_ _0\"></span>al tasso di crescita utilizzato per l\u2019estrapolazione.<span class=\"_ _0\"></span> </span>Le <span class=\"_ _2\"></span>assunzioni <span class=\"_ _2\"></span>chiave <span class=\"_ _2\"></span>utilizzate per <span class=\"_ _2\"></span>determinare il <span class=\"_ _8\"></span>valore <span class=\"ff6\">recuperabile <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>diverse <span class=\"_ _2\"></span>unit\u00e0 generatrici <span class=\"_ _8\"></span>di flussi <span class=\"_ _8\"></span>di cassa, <span class=\"_ _8\"></span>inclusa un\u2019analisi </span>di <span class=\"_ _8\"></span>sensitiv<span class=\"_ _0\"></span>it\u00e0, <span class=\"_ _8\"></span>sono dettagliatamente <span class=\"_ _2\"></span>descritte <span class=\"_ _2\"></span>alla <span class=\"_ _8\"></span>nota<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>3.1 <span class=\"_ _2\"></span><span class=\"ff6\">\u201c<span class=\"ff3\">Immobili, impianti <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>macc<span class=\"_ _0\"></span>hinari<span class=\"ff6 ls5\">\u201d <span class=\"_ _2\"></span><span class=\"ls0\">ed <span class=\"_ _8\"></span>alla <span class=\"_ _2\"></span>nota 3.2 <span class=\"_ _8\"></span>\u201c<span class=\"ff3\">Avviamento</span><span class=\"ls5\">\u201d <span class=\"_ _2\"></span><span class=\"ff4 ls0\">delle <span class=\"_ _2\"></span>presenti </span></span></span></span></span></span>Note illustrative. Aggregazioni aziendali ed avviam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span><span class=\"ff4\"> </span>Cos\u00ec <span class=\"_ _8\"></span>come <span class=\"_ _8\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dettagliatamente <span class=\"_ _2\"></span>esposto <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ragrafo <span class=\"_ _2\"></span><span class=\"ls3\">1.4.<span class=\"ls0\">1 <span class=\"_ _8\"></span>inerente <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>trattamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>contabile <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _8\"></span>aggr<span class=\"_ _0\"></span>egazioni <span class=\"_ _8\"></span>aziendali <span class=\"_ _2\"></span>ed <span class=\"_ _8\"></span>avviamento,<span class=\"_ _0\"></span> </span></span>gli <span class=\"_ _0\"></span>amm<span class=\"_ _0\"></span>inistratori <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>sede <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>i) <span class=\"_ _3\"></span>allocazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>nette<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>acqui<span class=\"_ _0\"></span>site <span class=\"_ _3\"></span>alle <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>elative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrici <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>CGU) <span class=\"_ _0\"></span>ii) <span class=\"_ _3\"></span>redazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i piani <span class=\"_ _8\"></span>plurienn<span class=\"_ _0\"></span>ali <span class=\"_ _8\"></span>iii) <span class=\"_ _2\"></span>svolgimento <span class=\"_ _2\"></span>degli <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>test, <span class=\"_ _2\"></span>fanno <span class=\"_ _8\"></span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _2\"></span>ad <span class=\"_ _8\"></span>assunzioni e <span class=\"_ _8\"></span>stime, <span class=\"_ _8\"></span>a volte <span class=\"_ _8\"></span>anche <span class=\"_ _2\"></span>complesse, <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>s<span class=\"_ _3\"></span>ono <span class=\"_ _8\"></span>sogge<span class=\"_ _0\"></span>tte<span class=\"_ _75\"> </span>al giudizio stesso degli am<span class=\"_ _0\"></span>ministratori. Le<span class=\"_ _0\"></span> principali assunzioni alla <span class=\"_ _0\"></span>base di tale attivit\u00e0 r<span class=\"_ _0\"></span>iguardano:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">allocazione dei valor<span class=\"_ _0\"></span>i contabili delle attivit\u00e0 e passi<span class=\"_ _0\"></span>vit\u00e0 alle singole <span class=\"_ _0\"></span>CGU<span class=\"ls4\">;  </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">previsione dei flussi di cassa <span class=\"_ _0\"></span>futuri, per<span class=\"_ _0\"></span> il periodo esplicito del bu<span class=\"_ _0\"></span>siness plan di Gruppo<span class=\"_ _0\"></span><span class=\"ls4\">; </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei flussi di <span class=\"_ _0\"></span>cassa nor<span class=\"_ _0\"></span>malizzati alla base della stim<span class=\"_ _0\"></span>a del valore ter<span class=\"_ _0\"></span>minale<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei tassi di cres<span class=\"_ _0\"></span>cita di lun<span class=\"_ _0\"></span>go periodo e di attualizza<span class=\"_ _0\"></span>zione applicati alle pr<span class=\"_ _0\"></span>evisioni dei flussi di cassa f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span><span class=\"ls5\">ri<span class=\"_ _75\"> </span></span></span></span>Evoluzione prevedibile d<span class=\"_ _2\"></span>ella gestione Nel corso del 2025 lo scenario m<span class=\"_ _0\"></span>acroeconomico internaziona<span class=\"_ _0\"></span>le \u00e8 rimasto caratterizzato da<span class=\"_ _0\"></span> un quadro complesso, in cui il pr<span class=\"_ _0\"></span>ogr<span class=\"_ _3\"></span>essivo raffreddamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>pressioni <span class=\"_ _4\"></span>inflazionistiche <span class=\"_ _4\"></span>si <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>accompagnato<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>condizioni <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziarie <span class=\"_ _4\"></span>ancora <span class=\"_ _4\"></span>restr<span class=\"_ _0\"></span>ittive <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>persistent<span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>tensioni<span class=\"_ _0\"></span> geopolitiche; quest\u2019ult<span class=\"_ _0\"></span>ime si sono recente<span class=\"_ _0\"></span>mente aggravate per<span class=\"_ _0\"></span> gli eventi intercorsi tra la fine di f<span class=\"_ _0\"></span>ebbraio 2026<span class=\"_ _0\"></span> e l\u2019inizio d<span class=\"_ _3\"></span><span class=\"ff4\">i marzo 2026.  </span>Le <span class=\"_ _9\"> </span>principali <span class=\"_ _7\"> </span>banche <span class=\"_ _9\"> </span>centrali <span class=\"_ _7\"> </span>hanno <span class=\"_ _7\"> </span>avviato <span class=\"_ _9\"> </span>una <span class=\"_ _7\"> </span>fase <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>gr<span class=\"_ _0\"></span>aduale <span class=\"_ _7\"> </span>normalizzazione <span class=\"_ _9\"> </span>della <span class=\"_ _7\"> </span>politica <span class=\"_ _7\"> </span>monetaria, <span class=\"_ _7\"> </span>pur <span class=\"_ _9\"> </span>manten<span class=\"_ _0\"></span>endo <span class=\"_ _9\"> </span>un orientamento prud<span class=\"_ _0\"></span>ente al fine di consolidare il proce<span class=\"_ _0\"></span>sso di disinflazion<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Secondo <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>pi\u00f9 <span class=\"_ _2\"></span>recenti <span class=\"_ _2\"></span>valutazioni del <span class=\"_ _2\"></span>Fondo Monetario <span class=\"_ _8\"></span>Interna<span class=\"_ _0\"></span>zionale, <span class=\"_ _2\"></span>l\u2019economia <span class=\"_ _2\"></span>mondiale ha <span class=\"_ _8\"></span>registr<span class=\"_ _0\"></span>ato nel <span class=\"_ _8\"></span>2025 una <span class=\"_ _8\"></span>crescit<span class=\"_ _0\"></span><span class=\"ff4\">a intorno </span>al 3%, confermando un ritmo d<span class=\"_ _0\"></span>i espansione mod<span class=\"_ _0\"></span>erato e inferiore alla m<span class=\"_ _0\"></span>edia storica del periodo pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-pandem<span class=\"_ _0\"></span>ico. Nelle <span class=\"_ _0\"></span>economie <span class=\"_ _3\"></span>avanzate, <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>Sta<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>Uniti <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nno <span class=\"_ _0\"></span>continuato <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>mostrare <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>dinamica <span class=\"_ _3\"></span>economica <span class=\"_ _0\"></span>relativamente <span class=\"_ _3\"></span>solida, <span class=\"_ _0\"></span>sostenuta <span class=\"_ _3\"></span>d<span class=\"_ _3\"></span>alla spesa <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>famiglie <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>dag<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>stimenti <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>innovazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>tecno<span class=\"_ _0\"></span>logica, <span class=\"_ _4\"></span>mentre <span class=\"_ _4\"></span>l\u2019area <span class=\"_ _3\"></span>euro <span class=\"_ _4\"></span>ha <span class=\"_ _3\"></span>ev<span class=\"_ _0\"></span>idenziato <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>crescita <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _4\"></span>cont<span class=\"_ _3\"></span><span class=\"ff4\">enuta, </span>influenzata <span class=\"_ _4\"></span>dalla <span class=\"_ _4\"></span>debolezza <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>settore <span class=\"_ _4\"></span>industriale <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>dal <span class=\"_ _4\"></span>rallentamento <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>commercio <span class=\"_ _4\"></span>internaziona<span class=\"_ _0\"></span>le. <span class=\"_ _4\"></span>Tuttavia, <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>migl<span class=\"_ _0\"></span>iorame<span class=\"_ _3\"></span>nto <span class=\"_ _4\"></span>del potere <span class=\"_ _4\"></span>d\u2019acquisto <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>l\u2019attenuazion<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>pressioni <span class=\"_ _4\"></span>inf<span class=\"_ _0\"></span>lazionistiche <span class=\"_ _5\"></span>hanno <span class=\"_ _4\"></span>favo<span class=\"_ _0\"></span>rito <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>gradua<span class=\"_ _0\"></span>le <span class=\"_ _4\"></span>ripresa <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>dom<span class=\"_ _0\"></span>anda<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _4\"></span>interna <span class=\"_ _4\"></span>nella </span>seconda parte dell\u2019anno.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>Con riferimento all\u2019Italia, l\u2019attivit\u00e0 economica ha mostrato una crescita contenuta, in linea con la <span class=\"_ _2\"></span>media dell\u2019Eurozona, ris<span class=\"_ _0\"></span><span class=\"ff4\">ent<span class=\"_ _0\"></span>endo della </span>debolezza <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>comparto manifatturiero <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>della <span class=\"_ _2\"></span>domanda <span class=\"_ _2\"></span>estera. <span class=\"_ _2\"></span>Il <span class=\"_ _8\"></span>se<span class=\"_ _0\"></span>ttore <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>servizi <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>il <span class=\"_ _2\"></span>turismo <span class=\"_ _2\"></span>hanno continuato <span class=\"_ _8\"></span>a fornire <span class=\"_ _8\"></span>un contributo positivo, mentre il progr<span class=\"_ _0\"></span>essivo rientro d<span class=\"_ _0\"></span>ell\u2019inflazione ha sostenuto<span class=\"_ _0\"></span> il recupero dei con<span class=\"_ _0\"></span>sumi delle famiglie.<span class=\"_ _3\"></span><span class=\"ff4\"> </span>Tra <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>economie <span class=\"_ _5\"> </span>em<span class=\"_ _0\"></span>ergenti, <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>Cina <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>proseguito <span class=\"_ _5\"> </span>il <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _5\"></span>percorso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>espansione <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>oderata, <span class=\"_ _5\"></span>sostenuto <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>interventi <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>polit<span class=\"_ _3\"></span>ica economica <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>dal <span class=\"_ _5\"></span>raffor<span class=\"_ _0\"></span>zamento <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>consumi <span class=\"_ _5\"></span>domestici, <span class=\"_ _9\"> </span>pur <span class=\"_ _4\"></span>in <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>esenza <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>critic<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>strutturali <span class=\"_ _5\"> </span>nel <span class=\"_ _9\"> </span>comparto <span class=\"_ _5\"></span>immobiliare <span class=\"_ _9\"> </span>e <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>r<span class=\"_ _4\"></span><span class=\"ls7\">is</span>chi connessi <span class=\"_ _0\"></span>all\u2019elevato<span class=\"_ _0\"></span> inde<span class=\"_ _0\"></span>bitamento. <span class=\"_ _0\"></span>L\u2019India <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>confermata<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>principali<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>motori <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>crescita<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>globale, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>azie <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>for<span class=\"_ _3\"></span><span class=\"ff4\">te <span class=\"_ _0\"></span>domanda<span class=\"_ _0\"></span> </span>interna, agli investimenti infrastr<span class=\"_ _0\"></span>utturali e alla r<span class=\"_ _0\"></span>apida digitalizzazione<span class=\"_ _0\"></span> dell\u2019economia.<span class=\"_ _3\"></span><span class=\"ff4\"> </span>Le <span class=\"_ _2\"></span>prospettive per <span class=\"_ _8\"></span>il <span class=\"_ _2\"></span>2026 indicano <span class=\"_ _2\"></span>un\u2019evoluzione sostanzialmente stabile <span class=\"_ _8\"></span>del ciclo <span class=\"_ _8\"></span>economico<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>internazion<span class=\"_ _0\"></span>ale, <span class=\"_ _2\"></span>con <span class=\"_ _2\"></span>inflazione <span class=\"ff4\">in ulteriore </span>graduale <span class=\"_ _2\"></span>riduzione <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>condizioni <span class=\"_ _2\"></span>finanziarie <span class=\"_ _2\"></span>destinate a <span class=\"_ _8\"></span>migliorare <span class=\"_ _2\"></span>solo <span class=\"_ _2\"></span>progressivamente.<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>Permangono tuttavia <span class=\"_ _8\"></span>elementi<span class=\"_ _3\"></span> <span class=\"_ _8\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>rischio<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>legati<span class=\"_ _0\"></span> all\u2019inasprimento <span class=\"_ _4\"></span>delle<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>tensioni <span class=\"_ _4\"></span>ge<span class=\"_ _0\"></span>opolitiche, <span class=\"_ _4\"></span>alla <span class=\"_ _4\"></span>crescen<span class=\"_ _0\"></span>te <span class=\"_ _4\"></span>framm<span class=\"_ _0\"></span>entazione <span class=\"_ _4\"></span>degli <span class=\"_ _4\"></span>sc<span class=\"_ _0\"></span>ambi <span class=\"_ _4\"></span>internazi<span class=\"_ _0\"></span>onali <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>alla <span class=\"_ _4\"></span>diffu<span class=\"_ _0\"></span>sione <span class=\"_ _4\"></span>di <span class=\"_ _9\"> </span><span class=\"ff4\">politiche<span class=\"_ _0\"></span> </span>commerciali <span class=\"_ _9\"> </span>restrittive <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>daziarie<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>tra <span class=\"_ _9\"> </span>le <span class=\"_ _9\"> </span>principali <span class=\"_ _9\"> </span>aree<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>economiche, <span class=\"_ _9\"> </span>fattor<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>che <span class=\"_ _9\"> </span>potrebbero <span class=\"_ _9\"> </span>incidere  sulla <span class=\"_ _9\"> </span>stabilit\u00e0 <span class=\"_ _9\"> </span>delle <span class=\"_ _9\"> </span>catene <span class=\"_ _9\"> </span>di<span class=\"_ _0\"></span> approvvigionamento e sulle dina<span class=\"_ _0\"></span>miche del com<span class=\"_ _0\"></span>mercio globale.<span class=\"_ _0\"></span> Come gi\u00e0 <span class=\"_ _0\"></span>evidenziato du<span class=\"_ _0\"></span>rante il <span class=\"_ _0\"></span>2025, i segm<span class=\"_ _0\"></span>enti di <span class=\"_ _0\"></span>mercato in cui op<span class=\"_ _0\"></span>era il <span class=\"_ _0\"></span>Gruppo son<span class=\"_ _0\"></span>o attesi in <span class=\"_ _0\"></span>crescita anche ne<span class=\"_ _0\"></span>i prossimi<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>anni sia a  livello  europeo  sia  globale.  Il  comparto  nutraceutico  dedicat<span class=\"_ _0\"></span>o  ai  prodotti  per  il  controllo  del  peso  sta  vivendo  una  fa<span class=\"_ _0\"></span>se  di trasformazione con l\u2019emer<span class=\"_ _0\"></span>gere e il conve<span class=\"_ _0\"></span>rgere di nuove tenden<span class=\"_ _0\"></span>ze legate<span class=\"_ _0\"></span> alla personalizzazione d<span class=\"_ _0\"></span>ei f<span class=\"_ _0\"></span>ood supplement in funz<span class=\"_ _0\"></span>ione<span class=\"_ _3\"></span><span class=\"ff4\"> delle </span>esigenze specifiche della pe<span class=\"_ _0\"></span>rsona, ridefinen<span class=\"_ _0\"></span>do quindi il settore con<span class=\"_ _0\"></span> effetti ancora in fase d<span class=\"_ _0\"></span>i piena valutazione. <span class=\"_ _3\"></span> Parallelamente, <span class=\"_ _4\"></span>prosegue <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>trend <span class=\"_ _4\"></span>strutturale <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>esternalizzazione <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>rte <span class=\"_ _4\"></span>dei <span class=\"_ _4\"></span>principali <span class=\"_ _3\"></span>oper<span class=\"_ _0\"></span>atori <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>settor<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>Health <span class=\"_ _3\"></span>&amp; <span class=\"_ _4\"></span>Bea<span class=\"_ _3\"></span>uty, <span class=\"_ _4\"></span>che scelgono partner <span class=\"_ _2\"></span>integrati per <span class=\"_ _2\"></span>lo sviluppo <span class=\"_ _2\"></span>e la <span class=\"_ _8\"></span>prod<span class=\"_ _0\"></span>uzione di <span class=\"_ _8\"></span>soluzio<span class=\"_ _0\"></span>ni nutraceutiche, farmaceutiche <span class=\"_ _2\"></span>e cosmetiche, <span class=\"_ _2\"></span>privile<span class=\"_ _0\"></span>giando modelli asset-light e focalizzat<span class=\"_ _0\"></span>i sulla ricerca avan<span class=\"_ _0\"></span>zata e sulla gestione de<span class=\"_ _0\"></span>l brand. <span class=\"_ _0\"></span> In <span class=\"_ _4\"></span>questo <span class=\"_ _4\"></span>contesto, <span class=\"_ _4\"></span>F<span class=\"_ _0\"></span>ine <span class=\"_ _4\"></span>Foods <span class=\"_ _4\"></span>&amp; <span class=\"_ _4\"></span>Pharmaceuticals <span class=\"_ _4\"></span>N.T.M. <span class=\"_ _4\"></span>S.p.<span class=\"_ _0\"></span>A. <span class=\"_ _4\"></span>intende <span class=\"_ _5\"></span>rafforzare <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>propria <span class=\"_ _5\"></span>posizione <span class=\"_ _4\"></span>competitiva <span class=\"_ _4\"></span>ampliando <span class=\"_ _9\"> </span>le proprie quote <span class=\"_ _2\"></span>di mercato <span class=\"_ _2\"></span>attraverso lo <span class=\"_ _2\"></span>sviluppo del business <span class=\"_ _2\"></span>lungo le <span class=\"_ _2\"></span>tre direttrici principali - <span class=\"_ _2\"></span>Nutra, Pharma e <span class=\"_ _2\"></span>Cosmetics - <span class=\"_ _2\"></span><span class=\"lsd\">va<span class=\"ls0\">lorizzand<span class=\"_ _0\"></span>o </span></span>le sinergie tra di esse. <span class=\"_ _0\"></span> L\u2019approccio <span class=\"_ _2\"></span>di Gruppo <span class=\"_ _8\"></span>sar<span class=\"_ _0\"></span>\u00e0 sempre <span class=\"_ _8\"></span>pi\u00f9 orientato <span class=\"_ _2\"></span>al Cliente, <span class=\"_ _2\"></span>da <span class=\"_ _2\"></span>vero e <span class=\"_ _8\"></span>propr<span class=\"_ _0\"></span>io <span class=\"_ _2\"></span>Invisible Expert: <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>approccio che <span class=\"_ _8\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _2\"></span>punta al<span class=\"ff4\">la<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>visibilit\u00e0<span class=\"_ _0\"></span> </span>a <span class=\"_ _4\"></span>scaffale, <span class=\"_ _4\"></span>ma <span class=\"_ _4\"></span>alla <span class=\"_ _4\"></span>sosta<span class=\"_ _0\"></span>nza <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>servizio <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>36<span class=\"_ _0\"></span>0 <span class=\"_ _4\"></span>gradi <span class=\"_ _4\"></span>evoluto <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>integrato, <span class=\"_ _4\"></span>capace <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>offrire <span class=\"_ _4\"></span>supporto <span class=\"_ _5\"></span>strategico <span class=\"_ _4\"></span>di<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>lungo <span class=\"_ _4\"></span>pe<span class=\"_ _0\"></span>riodo, innovazione <span class=\"_ _4\"></span>for<span class=\"_ _0\"></span>mulativa <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>comp<span class=\"_ _0\"></span>etenza <span class=\"_ _4\"></span>distintiva <span class=\"_ _5\"></span>lungo <span class=\"_ _5\"></span>tutta <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>c<span class=\"_ _0\"></span>atena <span class=\"_ _5\"></span>del <span class=\"_ _4\"></span>valore <span class=\"_ _5\"></span>nei <span class=\"_ _5\"></span>settori <span class=\"_ _5\"></span>Health <span class=\"_ _4\"></span>&amp; <span class=\"_ _5\"></span>Beauty. <span class=\"_ _4\"></span>Ci\u00f2 <span class=\"_ _5\"></span>si <span class=\"_ _4\"></span>traduce<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>nella capacit\u00e0 di trasformare la<span class=\"_ _0\"></span> complessit\u00e0 in soluzio<span class=\"_ _0\"></span>ni concrete, di anti<span class=\"_ _0\"></span>cipare i trend e tr<span class=\"_ _0\"></span>adurli in prodotti pe<span class=\"_ _3\"></span>rformanti, sicuri e distintivi. <span class=\"_ _0\"></span> Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _5\"> </span>continu<span class=\"_ _0\"></span>a, <span class=\"_ _9\"> </span>inoltre, <span class=\"_ _9\"> </span>a <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>onitorare <span class=\"_ _9\"> </span>con <span class=\"_ _9\"> </span>attenzione <span class=\"_ _9\"> </span>potenziali <span class=\"_ _9\"> </span>opportunit\u00e0 <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>crescita <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>linee <span class=\"_ _9\"> </span>esterne <span class=\"_ _5\"> </span>volte <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>rafforz<span class=\"_ _3\"></span>are <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> diversificazione dell\u2019offer<span class=\"_ _0\"></span>ta in termini di fo<span class=\"_ _0\"></span>rme farmaceutiche e <span class=\"_ _0\"></span>tipologie di confezionam<span class=\"_ _0\"></span>ento.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>La <span class=\"_ _2\"></span>BU <span class=\"_ _2\"></span>Nutra proseguir\u00e0 <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>proprio percorso <span class=\"_ _2\"></span>facendo leva <span class=\"_ _8\"></span>su<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>qualit\u00e0, innovazione <span class=\"_ _2\"></span>e svil<span class=\"_ _2\"></span>uppo di <span class=\"_ _2\"></span>servizi ad <span class=\"_ _8\"></span>alto valore <span class=\"_ _2\"></span>aggiunto<span class=\"_ _3\"></span> <span class=\"_ _2\"></span>a supporto dei <span class=\"_ _4\"></span>clienti. <span class=\"_ _3\"></span>Dopo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>azione <span class=\"_ _4\"></span>registrata <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>2025, <span class=\"_ _4\"></span>l\u2019esercizio <span class=\"_ _4\"></span>2026 <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>atteso <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>legger<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>crescita, <span class=\"_ _4\"></span>con <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>primo <span class=\"_ _4\"></span>trime<span class=\"_ _3\"></span><span class=\"ff4\">stre <span class=\"_ _4\"></span>ancor<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>in </span>flessione <span class=\"_ _9\"> </span>e <span class=\"_ _7\"> </span>una <span class=\"_ _9\"> </span>progressiva <span class=\"_ _7\"> </span>ripresa <span class=\"_ _9\"> </span>nel <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>osieguo <span class=\"_ _9\"> </span>dell\u2019anno<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>in <span class=\"_ _9\"> </span>coe<span class=\"_ _0\"></span>renza <span class=\"_ _9\"> </span>con <span class=\"_ _7\"> </span>le <span class=\"_ _9\"> </span>dinamiche <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>mercato <span class=\"_ _7\"> </span>sopra <span class=\"_ _9\"> </span>descritte. <span class=\"_ _7\"> </span>Rimane confermato il piano di espansion<span class=\"_ _0\"></span>e volto non solo ad aumen<span class=\"_ _0\"></span>tare la capacit\u00e0 produttiva, ma anche a sviluppare e produr<span class=\"_ _3\"></span>re nuove forme e tecnologie in grado di raff<span class=\"_ _0\"></span>orzare e ampliare l\u2019off<span class=\"_ _0\"></span>erta e sostenere l<span class=\"_ _0\"></span>a crescita nel medio<span class=\"_ _0\"></span><span class=\"ff4\">-<span class=\"_ _0\"></span>lungo period<span class=\"_ _0\"></span>o.  </span>La <span class=\"_ _4\"></span>BU <span class=\"_ _3\"></span>Pharma, <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>forte <span class=\"_ _4\"></span>crescita <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>accelerazione, <span class=\"_ _4\"></span>sar\u00e0 <span class=\"_ _4\"></span>ancora <span class=\"_ _4\"></span>impegnata <span class=\"_ _4\"></span>nelle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>irate <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>gestire <span class=\"_ _4\"></span>l\u2019importante <span class=\"_ _4\"></span>increment<span class=\"_ _0\"></span><span class=\"ff4\">o <span class=\"_ _4\"></span>dei </span>volumi, sostenuta dagli accordi pl<span class=\"_ _0\"></span>uriennali gi\u00e0 sottoscritti con pr<span class=\"_ _0\"></span>imari clienti inter<span class=\"_ _0\"></span>nazionali e alla ottimizzazion<span class=\"_ _0\"></span>e delle p<span class=\"_ _0\"></span>roduzion<span class=\"_ _0\"></span>i nei siti produttivi. <span class=\"_ _0\"></span>L\u2019ampliam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>dello <span class=\"_ _3\"></span>stabilimento <span class=\"_ _3\"></span>produttivo <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Brembate, <span class=\"_ _3\"></span>ricevute <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>autorizzazioni <span class=\"_ _0\"></span>dovut<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>gi\u00e0 <span class=\"_ _0\"></span>avviato <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>pro<span class=\"_ _3\"></span><span class=\"ff4\">duzione <span class=\"_ _3\"></span>e </span>generer\u00e0 i primi ricavi ne<span class=\"_ _0\"></span>l corso del 2026.<span class=\"_ _0\"></span> Nella B<span class=\"_ _2\"></span>U Cosmetics, <span class=\"_ _2\"></span>superata la <span class=\"_ _2\"></span>fase di <span class=\"_ _2\"></span>integrazione, riorganizzazione e <span class=\"_ _8\"></span>ott<span class=\"_ _0\"></span>imizzazione supportata <span class=\"_ _2\"></span>da <span class=\"_ _2\"></span>investimenti mirati, <span class=\"_ _2\"></span>da<span class=\"_ _0\"></span> un <span class=\"_ _2\"></span>nuovo laboratorio <span class=\"_ _0\"></span>per lo <span class=\"_ _0\"></span>sviluppo co<span class=\"_ _0\"></span>smetico <span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>dal raffor<span class=\"_ _0\"></span>zamento de<span class=\"_ _0\"></span>l man<span class=\"_ _0\"></span>agement, <span class=\"_ _0\"></span>continuano a <span class=\"_ _0\"></span>osservars<span class=\"_ _0\"></span>i risultati <span class=\"_ _0\"></span>positivi. <span class=\"_ _0\"></span>Fi<span class=\"_ _3\"></span>ne Cosm<span class=\"_ _0\"></span>etics \u00e8 <span class=\"_ _5\"></span>proiettata <span class=\"_ _5\"></span>verso <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>in<span class=\"_ _0\"></span>novazione <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>partner<span class=\"_ _0\"></span>ship <span class=\"_ _5\"></span>strategiche <span class=\"_ _9\"> </span>nel <span class=\"_ _4\"></span>mercato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>internazionale <span class=\"_ _9\"> </span>della <span class=\"_ _4\"></span>bellezza <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>cura <span class=\"_ _7\"> </span>della<span class=\"_ _0\"></span> persona. Per il 2026 si prevede<span class=\"_ _0\"></span> il rafforzamen<span class=\"_ _0\"></span>to del suo contributo allo sviluppo e <span class=\"_ _0\"></span>alla crescita del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _3\"></span> Per <span class=\"_ _9\"> </span>la <span class=\"_ _5\"></span>natura <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>business, <span class=\"_ _9\"> </span>l\u2019andamento <span class=\"_ _9\"> </span>dei <span class=\"_ _5\"> </span>ricavi <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _5\"> </span>F<span class=\"_ _0\"></span>ine <span class=\"_ _9\"> </span>Foods <span class=\"_ _5\"> </span>pu<span class=\"_ _0\"></span>\u00f2 <span class=\"_ _9\"> </span>non <span class=\"_ _5\"></span>risultare <span class=\"_ _9\"> </span>lineare <span class=\"_ _9\"> </span>trimestre <span class=\"_ _9\"> </span>dopo <span class=\"_ _5\"></span>trime<span class=\"_ _0\"></span>stre <span class=\"_ _9\"> </span>n<span class=\"_ _0\"></span><span class=\"ff4 lse\">\u00e9 </span>pienamente <span class=\"_ _4\"></span>rappresentativo <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>confr<span class=\"_ _0\"></span>onto <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>singoli <span class=\"_ _3\"></span>trimestr<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>su <span class=\"_ _4\"></span>anno. <span class=\"_ _4\"></span>Tuttavia <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>portafogli<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>ordini, <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>accor<span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>l<span class=\"_ _3\"></span>uriennali <span class=\"_ _4\"></span>in essere <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>pipe<span class=\"_ _0\"></span>line <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sviluppo, <span class=\"_ _4\"></span>sostengono <span class=\"_ _3\"></span>la <span class=\"_ _4\"></span>previsione <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>progressivo <span class=\"_ _3\"></span>consolidamen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>trend <span class=\"_ _4\"></span>storici <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>crescita <span class=\"_ _3\"></span>dei<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ofitti, supportati da un\u2019organizzazion<span class=\"_ _0\"></span>e sempre p<span class=\"_ _0\"></span>i\u00f9 solida, strutturata e aff<span class=\"_ _0\"></span>idabile.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>Il Gruppo, <span class=\"_ _0\"></span>che ha <span class=\"_ _0\"></span>ottenuto <span class=\"_ _0\"></span>anche <span class=\"_ _0\"></span>nel 2024<span class=\"_ _0\"></span> per <span class=\"_ _0\"></span>il terzo <span class=\"_ _0\"></span>anno consec<span class=\"_ _0\"></span>utivo il <span class=\"_ _0\"></span>rating <span class=\"_ _0\"></span>Platinum di <span class=\"_ _0\"></span>Eco<span class=\"_ _0\"></span>Vadis, pr<span class=\"_ _0\"></span>oseguir\u00e0 il <span class=\"_ _0\"></span>proprio<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>impegno<span class=\"_ _0\"></span> sul <span class=\"_ _3\"></span>fronte <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>sostenibilit\u00e0 <span class=\"_ _4\"></span>- <span class=\"_ _4\"></span>anche <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>azie <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>rafforzamento <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>struttura <span class=\"_ _4\"></span>organizzativa <span class=\"_ _4\"></span>-, <span class=\"_ _4\"></span>rafforzando <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>propr<span class=\"_ _0\"></span>io <span class=\"_ _3\"></span>ruo<span class=\"_ _0\"></span>lo <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>partner <span class=\"_ _4\"></span>di riferimento per i clienti con so<span class=\"_ _0\"></span>luzioni sempre p<span class=\"_ _0\"></span>i\u00f9 allineate alle crescenti asp<span class=\"_ _0\"></span>ettative del mercato in a<span class=\"_ _0\"></span>mbito ESG.<span class=\"_ _3\"></span> Verdellino, 12 marzo 202<span class=\"_ _0\"></span>6 per il Consiglio di Amministrazi<span class=\"_ _0\"></span>one<span class=\"_ _0\"></span> il Presidente Marco Francesco Eigenman<span class=\"_ _0\"></span>n",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-278": {
   "value": "S.p.A.",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-321": {
   "value": "Fine Foods Pharmaceuticals N.T.M S.p.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-279": {
   "value": "Via Berlino 39, Verdellino \u2013 Zingonia (BG)",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-280": {
   "value": "Italia",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-282": {
   "value": "Fine Foods, quotata al segmento STAR dell\u2019MTA di Borsa Italiana, \u00e8 una CDMO (Contract Development Manufacturing Organization) italiana indipendente. ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-281": {
   "value": "Continuit\u00e0 aziendale<span class=\"_ _75\"> </span>Il presente bilancio \u00e8 stato red<span class=\"_ _0\"></span>atto sulla base della co<span class=\"_ _0\"></span>ntinuit\u00e0 azien<span class=\"_ _0\"></span>dale.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-283": {
   "value": "1.3.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Principi di r<span class=\"_ _0\"></span>edazione<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il <span class=\"_ _2\"></span>bilancio <span class=\"_ _2\"></span>consolidato <span class=\"_ _2\"></span>al 31 <span class=\"_ _8\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"ls3\">202</span>5 <span class=\"_ _8\"></span>\u00e8 stato <span class=\"_ _8\"></span>predisposto<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>conformit\u00e0 ai <span class=\"_ _8\"></span>principi <span class=\"_ _2\"></span>contabili <span class=\"_ _2\"></span>intern<span class=\"_ _0\"></span>azionali <span class=\"_ _2\"></span>(International Accounting<span class=\"_ _75\"> </span> Standards -<span class=\"_ _0\"></span> IAS <span class=\"_ _0\"></span>e Interna<span class=\"_ _0\"></span>tional Fi<span class=\"_ _0\"></span>nancial Reporting <span class=\"_ _0\"></span>Standar<span class=\"_ _0\"></span>ds <span class=\"_ _0\"></span>- <span class=\"ff6\">IF<span class=\"_ _0\"></span>RS) emanati <span class=\"_ _0\"></span>dall\u2019<span class=\"ff3\">Internation<span class=\"_ _0\"></span>al Ac<span class=\"_ _0\"></span>counting Standards <span class=\"_ _0\"></span>Board <span class=\"_ _0\"></span>(IASB<span class=\"_ _0\"></span></span></span><span class=\"ls36\">)<span class=\"_ _75\"> </span></span><span class=\"ls36\"> </span>e <span class=\"_ _5\"></span>alle <span class=\"_ _9\"> </span>interpretazioni <span class=\"_ _9\"> </span><span class=\"fff\">dell\u2019IFRS <span class=\"_ _5\"> </span>Interpr<span class=\"_ _0\"></span>etations <span class=\"_ _5\"> </span>Committee<span class=\"_ _0\"></span></span> <span class=\"_ _9\"> </span>(IFRSIC) <span class=\"_ _5\"> </span>e <span class=\"_ _9\"> </span>dello <span class=\"_ _5\"> </span><span class=\"ff3\">Standing<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>Interpr<span class=\"_ _0\"></span>etations <span class=\"_ _9\"> </span>Committee</span> <span class=\"_ _9\"> </span>(SIC), <span class=\"_ _5\"></span>riconosciuti<span class=\"_ _75\"> </span> nell\u2019Unione <span class=\"_ _0\"></span>Europ<span class=\"_ _0\"></span>ea <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>sensi <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>regolamento <span class=\"_ _3\"></span>(CE) <span class=\"_ _0\"></span>n. <span class=\"_ _3\"></span>1606/2002 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>vigore <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>chiusura <span class=\"_ _3\"></span>dell\u2019esercizio. <span class=\"_ _3\"></span>L\u2019in<span class=\"_ _0\"></span><span class=\"ff4\">s<span class=\"_ _0\"></span>ieme <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>tutti <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>princ<span class=\"_ _0\"></span>ipi <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>interpretazioni di riferime<span class=\"_ _0\"></span>nto sopraindicati \u00e8 di seguito def<span class=\"_ _0\"></span>inito \u201cIAS<span class=\"_ _0\"></span>/IFRS\u201d<span class=\"_ _0\"></span><span class=\"ff4\">.<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>1.3.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Contenuto<span class=\"_ _0\"></span> e forma del bilancio<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>149<span class=\"ls0\"> </span>-<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto della situazione patrimoniale e finanziaria<span class=\"_ _0\"></span> consolidata<span class=\"ff6\">: attraverso l\u2019esposizione distinta tra attivit\u00e0 e <span class=\"_ _2\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff7\"><span class=\"ff6\"> </span></span></span>correnti/ non corren<span class=\"_ _0\"></span>ti, come specificato nel paragr<span class=\"_ _0\"></span>afo seg<span class=\"_ _0\"></span>uente <span class=\"ls3\">1.3.5<span class=\"ff6 ls4\">. \u201c</span></span>Classificazione cor<span class=\"_ _0\"></span>rente/non corren<span class=\"_ _0\"></span>te<span class=\"ff6\">\u201d<span class=\"_ _75\"> </span></span> -<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _6\"> </span>di  conto <span class=\"_ _6\"> </span>economico <span class=\"_ _6\"> </span>consolidato</span></span>: <span class=\"_ _6\"> </span>riporta  le  voci <span class=\"_ _6\"> </span>per  natura, <span class=\"_ _6\"> </span>poich\u00e9  \u00e8 <span class=\"_ _6\"> </span>considerato  qu<span class=\"_ _0\"></span>ello  che <span class=\"_ _6\"> </span>fornisce<span class=\"_ _75\"> </span> informazioni maggiormen<span class=\"_ _0\"></span>te esplicative.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _4\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>conto <span class=\"_ _4\"></span>economico <span class=\"_ _5\"></span>consolid<span class=\"_ _0\"></span>ato <span class=\"_ _4\"></span>comples<span class=\"_ _0\"></span>sivo</span></span>: <span class=\"_ _4\"></span>accoglie <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>altre <span class=\"_ _5\"></span>voci <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>ricavo <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>cos<span class=\"_ _0\"></span>to <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>consentiti<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> rilevare a patrimonio ne<span class=\"_ _0\"></span>tto secondo i pr<span class=\"_ _0\"></span>incipi IAS/IFRS.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto  di <span class=\"_ _9\"> </span>Rendico<span class=\"_ _0\"></span>nto <span class=\"_ _9\"> </span>f<span class=\"_ _0\"></span>inanziario<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>co<span class=\"_ _0\"></span>nsolidato<span class=\"ff6\">: <span class=\"_ _7\"> </span>presenta  i <span class=\"_ _9\"> </span>flussi <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iari <span class=\"_ _7\"> </span>dell\u2019attivit\u00e0 <span class=\"_ _7\"> </span>opera<span class=\"_ _0\"></span>tiva, <span class=\"_ _7\"> </span>d\u2019investimento <span class=\"_ _7\"> </span>e<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff7\"><span class=\"ff6\"> </span></span></span>finanziaria come previsto dal pr<span class=\"_ _0\"></span>incipio IAS 7.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _21\"> </span><span class=\"ff7\">Prospetto <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>movimentazione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>d<span class=\"ls3\">el</span> <span class=\"_ _5\"></span>patrimon<span class=\"_ _0\"></span>io <span class=\"_ _4\"></span>nett<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>conso<span class=\"_ _0\"></span>lidato<span class=\"ff6\">: <span class=\"_ _5\"></span>evidenzia <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>risultato <span class=\"_ _5\"></span>complessivo <span class=\"_ _5\"></span>dell\u2019esercizio <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>le<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff7\"><span class=\"ff6\"> </span></span></span>ulteriori movimentazioni nel capit<span class=\"_ _0\"></span>ale di rischio della <span class=\"_ _0\"></span>Societ\u00e0.<span class=\"_ _75\"> </span>1.3.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Classificazione c<span class=\"_ _0\"></span>orrente/non cor<span class=\"_ _0\"></span>rente<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le attivit\u00e0 e passivit\u00e0 nel b<span class=\"_ _0\"></span>ilancio del Gruppo son<span class=\"_ _0\"></span>o classificate seco<span class=\"_ _0\"></span>ndo il criterio corren<span class=\"_ _0\"></span>te/non corrente. Un\u2019attivit\u00e0 \u00e8 co<span class=\"_ _3\"></span><span class=\"ff4\">rrente qu<span class=\"_ _0\"></span>ando<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">si suppone che sia realiz<span class=\"_ _0\"></span>zata, oppure \u00e8<span class=\"_ _0\"></span> posseduta per la vendita o<span class=\"_ _0\"></span> il consumo, nel no<span class=\"_ _0\"></span>rmale svolgimento<span class=\"_ _0\"></span> del ciclo operativo;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _3\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4 ls3\">\u00e8 detenuta principalmente con la finalit\u00e0 di negoz<span class=\"_ _2\"></span>iarla;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4 ls3\"><span class=\"ls0\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">si suppone che sia realiz<span class=\"_ _0\"></span>zata entro dodici mesi dalla data <span class=\"_ _0\"></span>di chiusu<span class=\"_ _0\"></span>ra dell\u2019esercizio; o<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">\u00e8 costituita <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span> disponibilit\u00e0 liquide <span class=\"_ _2\"></span>o mezzi <span class=\"_ _2\"></span>equivalenti a <span class=\"_ _2\"></span>meno che non <span class=\"_ _2\"></span>sia vietato scambiarla <span class=\"_ _2\"></span>o utilizzarla per <span class=\"_ _2\"></span>estinguere una<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>passivit\u00e0 per almeno dodici me<span class=\"_ _0\"></span>si dalla da<span class=\"_ _0\"></span>ta di chiusura dell\u2019eser<span class=\"_ _0\"></span>cizio.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Tutte le altre attivit\u00e0 sono class<span class=\"_ _0\"></span>ificate com<span class=\"_ _0\"></span>e non correnti.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Una passivit\u00e0 \u00e8 corrente quan<span class=\"_ _0\"></span>to:<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">\u00e8 previsto che si estingua nel<span class=\"_ _0\"></span> suo nor<span class=\"_ _0\"></span>male ciclo operativo;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4 ls3\">\u00e8 detenuta principalmente con la finalit\u00e0 di negoz<span class=\"_ _2\"></span>iarla;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4 ls3\"><span class=\"ls0\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">deve essere estinta entro d<span class=\"_ _0\"></span>odici mesi dalla data <span class=\"_ _0\"></span>di chiusura dell\u2019es<span class=\"_ _0\"></span>ercizio; o<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019entit\u00e0 non <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> un <span class=\"_ _2\"></span>diritto incondizionato a <span class=\"_ _2\"></span>differire il <span class=\"_ _2\"></span>regolamento della passivit\u00e0 per <span class=\"_ _2\"></span>almeno dodici mesi <span class=\"_ _2\"></span>dalla data <span class=\"_ _2\"></span>di chi<span class=\"ff4\">usu<span class=\"_ _0\"></span>ra<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>dell\u2019esercizio.<span class=\"_ _75\"> </span><span class=\"ff4\"> </span>Le <span class=\"_ _2\"></span>condizioni <span class=\"_ _2\"></span>contrattual<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>passivit\u00e0 che <span class=\"_ _8\"></span>potrebbero, su <span class=\"_ _2\"></span>opzione della <span class=\"_ _8\"></span>controp<span class=\"_ _0\"></span>arte, <span class=\"_ _2\"></span>comportare la <span class=\"_ _2\"></span>estinzione <span class=\"_ _2\"></span>della stessa attraverso<span class=\"_ _75\"> </span> l\u2019emissione di strumenti di <span class=\"_ _0\"></span>capitale non ne<span class=\"_ _0\"></span> influenzano la classifica<span class=\"_ _0\"></span>zione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Il Gruppo classifica tutte <span class=\"_ _0\"></span>le altre passivit\u00e0 com<span class=\"_ _0\"></span>e non correnti. <span class=\"_ _0\"></span> Attivit\u00e0 e passivit\u00e0 per imposte <span class=\"_ _0\"></span>anticipate e differ<span class=\"_ _0\"></span>ite sono classificat<span class=\"_ _0\"></span>e tra le attivit\u00e0 e le passiv<span class=\"_ _0\"></span>it\u00e0 non corr<span class=\"_ _0\"></span>enti.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-284": {
   "value": "1.3.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Principi di co<span class=\"_ _0\"></span>nsolidamento<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il bilancio<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>consolidato<span class=\"_ _0\"></span> com<span class=\"_ _0\"></span>prende <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lanci <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>Fine <span class=\"_ _0\"></span>Foods <span class=\"_ _0\"></span>N.T.M<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>S.<span class=\"_ _0\"></span>p.A. e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span><span class=\"lsd\">su<span class=\"_ _0\"></span></span>a <span class=\"_ _0\"></span>controllata <span class=\"_ _0\"></span>Fine <span class=\"_ _3\"></span>Cosmetics <span class=\"_ _3\"></span>S.p.A. <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre<span class=\"_ _75\"> </span> 202<span class=\"ls0\">5. Nel corso del 2023 infa<span class=\"_ _0\"></span>tti \u00e8 divenuta efficace <span class=\"_ _0\"></span>la fusione per in<span class=\"_ _0\"></span>corporazione d<span class=\"_ _0\"></span>ella Pharmatek P<span class=\"_ _0\"></span>MC in<span class=\"_ _0\"></span> Fine Cosmetics. </span><span class=\"ls0\"><span class=\"_ _0\"></span> </span>Il controllo si ottiene quando il Gruppo \u00e8 esp<span class=\"_ _0\"></span>osto o ha diritto a rendimenti variabili, derivanti dal pr<span class=\"_ _0\"></span>oprio rapporto con l\u2019<span class=\"_ _3\"></span><span class=\"ff4\">entit\u00e0 oggetto di<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>investimento e, <span class=\"_ _8\"></span>nel contempo, <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la capacit\u00e0 <span class=\"_ _8\"></span>di incidere <span class=\"_ _8\"></span>su tali <span class=\"_ _2\"></span>rendimenti esercitando <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _2\"></span>potere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>su <span class=\"_ _2\"></span>tale<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>entit\u00e0. Specificatamente,<span class=\"_ _75\"> </span> il Gruppo controlla una par<span class=\"_ _0\"></span>tecipata se, e solo <span class=\"_ _0\"></span>se, il Gruppo ha:<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">il poter<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sull\u2019entit\u00e0 <span class=\"_ _0\"></span>oggetto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>investimento <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>ovvero <span class=\"_ _0\"></span>detiene <span class=\"_ _0\"></span>validi <span class=\"_ _0\"></span>diritti <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>conferiscono <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>capac<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>attuale <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>diri<span class=\"_ _3\"></span><span class=\"ff4\">gere <span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>attivit\u00e0 rilevanti dell\u2019entit\u00e0 ogg<span class=\"_ _0\"></span>etto di investimento)<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019esposizione o i diritti a r<span class=\"_ _0\"></span>endimenti var<span class=\"_ _0\"></span>iabili derivanti dal rapporto c<span class=\"_ _0\"></span>on l\u2019entit\u00e0 oggetto di inve<span class=\"_ _0\"></span>stimento<span class=\"_ _0\"></span>; </span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">la capacit\u00e0 di esercitare il prop<span class=\"_ _0\"></span>rio potere su<span class=\"_ _0\"></span>ll\u2019entit\u00e0 oggetto di inve<span class=\"_ _0\"></span>stimento per incide<span class=\"_ _0\"></span>re sull\u2019ammonta<span class=\"_ _0\"></span>re dei suoi rendimen<span class=\"_ _3\"></span><span class=\"ff4\">ti. </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>Generalmente, vi \u00e8 la presu<span class=\"_ _0\"></span>nzione che la maggioranza d<span class=\"_ _0\"></span>ei diritti di voto comporti il controllo. A supporto di tale p<span class=\"_ _0\"></span>resunzion<span class=\"_ _3\"></span><span class=\"ls3\">e e quando<span class=\"_ _75\"> </span></span><span class=\"ls3\"><span class=\"_ _2\"></span> </span>il Gruppo detiene<span class=\"_ _0\"></span> meno della m<span class=\"_ _0\"></span>aggioranza d<span class=\"_ _0\"></span>ei diritti di voto<span class=\"_ _0\"></span> (o diritti simili),<span class=\"_ _0\"></span> il Gruppo<span class=\"_ _0\"></span> considera tutti<span class=\"_ _0\"></span> i fatti e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>circost<span class=\"_ _0\"></span>anze rilevant<span class=\"_ _0\"></span>i per<span class=\"_ _75\"> </span> stabilire se controlla l\u2019ent<span class=\"_ _0\"></span>it\u00e0 oggetto di investim<span class=\"_ _0\"></span>ento, inclusi: <span class=\"_ _0\"></span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Accordi contrattuali con a<span class=\"_ _0\"></span>ltri titolari di dir<span class=\"_ _0\"></span>itti di voto; </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Diritti derivanti da accordi contr<span class=\"_ _0\"></span>attuali; </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Diritti di voto e diritti di voto<span class=\"_ _0\"></span> potenziali del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>Il Gruppo riconsidera se ha<span class=\"_ _0\"></span> o meno il controllo di una par<span class=\"_ _0\"></span>tecipata se i fatti e le circostanze ind<span class=\"_ _0\"></span>icano che ci siano stati de<span class=\"_ _3\"></span>i cambiamenti<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> in <span class=\"_ _0\"></span>uno <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>tre <span class=\"_ _0\"></span>elementi <span class=\"_ _0\"></span>rilevanti <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>fini <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>definizione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollo. <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>consolidam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>una <span class=\"_ _0\"></span>controllata <span class=\"_ _4\"></span>inizia <span class=\"_ _0\"></span>quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _75\"> </span> ne ottiene il controllo e <span class=\"_ _2\"></span>cessa qua<span class=\"_ _0\"></span>ndo il Gruppo perde il <span class=\"_ _2\"></span>controllo.  Le attivit\u00e0, le passivit\u00e0, i ricavi ed i costi della contr<span class=\"_ _0\"></span>ollata acquisita o<span class=\"_ _75\"> </span> ceduta nel <span class=\"_ _0\"></span>corso de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>inclusi nel<span class=\"_ _0\"></span> bilancio<span class=\"_ _0\"></span> consolidato<span class=\"_ _0\"></span> dalla <span class=\"_ _0\"></span>data in <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span><span class=\"ff4\">u<span class=\"_ _0\"></span>i il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>ottiene <span class=\"_ _0\"></span>il controllo <span class=\"_ _0\"></span>fino <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui i<span class=\"_ _0\"></span>l<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>Gruppo non esercita p<span class=\"_ _0\"></span>i\u00f9 il controllo sulla societ\u00e0. <span class=\"_ _0\"></span> L\u2019utile (perdita) d\u2019esercizio e ciascuna delle altre componenti di conto economico complessivo<span class=\"_ _0\"></span> sono attribuite ai soci della <span class=\"_ _0\"></span><span class=\"ff4\">controllante<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>e <span class=\"_ _9\"> </span>alle <span class=\"_ _7\"> </span>partecipazioni <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>minoranza, <span class=\"_ _7\"> </span>anche <span class=\"_ _9\"> </span>se <span class=\"_ _7\"> </span>ci\u00f2 <span class=\"_ _9\"> </span>implica <span class=\"_ _7\"> </span>che <span class=\"_ _9\"> </span>le<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>partecipazioni <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>minoranza <span class=\"_ _7\"> </span>hanno <span class=\"_ _7\"> </span>un <span class=\"_ _9\"> </span>saldo <span class=\"_ _7\"> </span>negativo. <span class=\"_ _9\"> </span>Q<span class=\"_ _3\"></span><span class=\"ls3\">uando<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>necessario, vengono <span class=\"_ _2\"></span>apportate le <span class=\"_ _2\"></span>opportune rettifiche ai <span class=\"_ _8\"></span>bilanci delle controllate, al <span class=\"_ _8\"></span>fine di garantire <span class=\"_ _2\"></span>la conformit\u00e0 <span class=\"_ _2\"></span>alle politiche contabili<span class=\"_ _75\"> </span> del gruppo. <span class=\"_ _0\"></span>Tutte <span class=\"_ _0\"></span>le att<span class=\"_ _0\"></span>ivit\u00e0 e<span class=\"_ _0\"></span> pas<span class=\"_ _0\"></span>sivit\u00e0, il <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>netto, <span class=\"_ _0\"></span>i ricav<span class=\"_ _0\"></span>i, <span class=\"_ _0\"></span>i costi <span class=\"_ _0\"></span>e i <span class=\"_ _0\"></span>flussi <span class=\"_ _0\"></span>finanziari <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>agruppo <span class=\"_ _0\"></span>relativi a<span class=\"_ _0\"></span> oper<span class=\"_ _0\"></span>azioni tra <span class=\"_ _0\"></span>entit\u00e0<span class=\"_ _75\"> </span> del gruppo sono eliminati com<span class=\"_ _0\"></span>pletamente <span class=\"_ _0\"></span>in fase di consolidamento<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Le variazioni <span class=\"_ _0\"></span>nelle quote<span class=\"_ _0\"></span> di pa<span class=\"_ _0\"></span>rtecipazione <span class=\"_ _0\"></span>in una <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>controllat<span class=\"_ _0\"></span>a che <span class=\"_ _0\"></span>non compo<span class=\"_ _0\"></span>rtano la <span class=\"_ _0\"></span>perdita <span class=\"_ _0\"></span>di controllo <span class=\"_ _0\"></span>sono contab<span class=\"_ _3\"></span>ili<span class=\"_ _0\"></span>zzate a<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> patrimonio netto.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Se <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span>de <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>controllo <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>una <span class=\"_ _4\"></span>controllata, <span class=\"_ _3\"></span>deve <span class=\"_ _3\"></span>eliminare <span class=\"_ _4\"></span>le <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>(incluso <span class=\"_ _3\"></span>l\u2019av<span class=\"_ _0\"></span>viamento)<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>passivit\u00e0, <span class=\"_ _3\"></span>le<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>inter<span class=\"_ _0\"></span>essenze<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>delle minoranze e<span class=\"_ _0\"></span> le altre com<span class=\"_ _0\"></span>ponenti di patr<span class=\"_ _0\"></span>imonio netto, m<span class=\"_ _0\"></span>entre l\u2019eventua<span class=\"_ _0\"></span>le utile o perdita \u00e8<span class=\"_ _0\"></span> rilevat<span class=\"_ _0\"></span>o a conto econ<span class=\"_ _3\"></span><span class=\"ff4\">omico. La<span class=\"_ _0\"></span> quota di<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>partecipazione eventualmen<span class=\"_ _0\"></span>te mantenuta<span class=\"_ _0\"></span> deve essere rilevata al f<span class=\"_ _0\"></span>air value.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"fc1\"> </span>1.3.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Area di conso<span class=\"_ _0\"></span>lidamento<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>In conform<span class=\"_ _0\"></span>it\u00e0 a <span class=\"_ _0\"></span>quanto disposto <span class=\"_ _0\"></span>dagli articoli <span class=\"_ _0\"></span>38 e <span class=\"_ _0\"></span>39 del <span class=\"_ _0\"></span>D. Lgs.127/9<span class=\"_ _0\"></span>1 e <span class=\"_ _0\"></span>dall\u2019articolo 126 <span class=\"_ _0\"></span>della deliber<span class=\"_ _0\"></span>azione Consob <span class=\"_ _0\"></span>n.119<span class=\"_ _3\"></span><span class=\"ff4\">71 de<span class=\"_ _0\"></span>l 14<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>maggio 1999, modificata con<span class=\"_ _0\"></span> deliberazione n.12<span class=\"_ _0\"></span>475 del 6 aprile 2000, \u00e8<span class=\"_ _0\"></span> fornito di seguito il dettaglio delle impr<span class=\"_ _0\"></span>ese incl<span class=\"_ _0\"></span><span class=\"ff6\">use ne<span class=\"_ _0\"></span>ll\u2019area di<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>consolidamento di Fine Foo<span class=\"_ _0\"></span>ds &amp; Pharmaceuticals <span class=\"_ _0\"></span>N.T.M. S.p.A.<span class=\"_ _0\"></span> al 3<span class=\"_ _0\"></span>1 dicembre <span class=\"ls3\">202</span>5.<span class=\"_ _75\"> </span>Capogruppo: <table class=\"s w310 h268\" id=\"_6ef7bbc5-ff85-44f1-b705-12dd228ba511\"><tr><td class=\"c x195 y15f2 w1bc h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Denominazion<span class=\"_ _0\"></span>e sociale </div></td><td class=\"c x1c4 y15f2 w1bd h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Sede legale </div></td><td class=\"c x1c5 y15f2 w24 h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Valuta </div></td><td class=\"c x1c6 y15f2 w1be h1f\"><div class=\"t m0 x2b h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">Capitale sociale<span class=\"_ _0\"></span> </div></td></tr><tr><td class=\"c x195 y15f3 w1bc h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Fine Foods &amp; Pharmaceutica<span class=\"_ _0\"></span>ls N.T.M. S.p.A.<span class=\"_ _0\"></span> </div></td><td class=\"c x1c4 y15f3 w1bd h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Verdellino (BG) </div></td><td class=\"c x1c5 y15f3 w24 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">EUR </div></td><td class=\"c x1c6 y15f3 w1be h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls4 ws0\">                     <span class=\"ls3\"></span><span class=\"ls3\">22.770.445</span>,02<span class=\"ls0\"> </span></div></td></tr></table>Societ\u00e0 controllate consolidate<span class=\"_ _0\"></span>: <table class=\"s w311 h269\" id=\"_c0c89f2b-2428-46e5-adc7-ab108a47728b\"><tr><td class=\"c x195 y15f4 w1bf h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Denominazion<span class=\"_ _0\"></span>e sociale </div></td><td class=\"c x1c7 y15f6 w312 h26a\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Percentuale di<span class=\"_ _75\"> </span></div></td><td class=\"c x1c8 y15f4 w1c0 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Sede legale </div></td><td class=\"c x1c9 y15f4 w171 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Valuta </div></td><td class=\"c x199 y15f4 w1c1 h9f\"><div class=\"t m0 x2b h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">Capitale sociale<span class=\"_ _0\"></span> </div></td><td></td></tr><tr><td></td><td class=\"c x1c7 y15f7 w313 h26a\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">possesso<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y15f8 w1bf h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Fine Cosmetics <span class=\"_ _0\"></span>S.p.A. </div></td><td class=\"c x1ca y15f8 w167 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">100%<span class=\"ls0\"> </span></div></td><td class=\"c x1c8 y15f8 w1c0 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">Trenzano (BS) </div></td><td class=\"c x1c9 y15f8 w171 h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">EUR </div></td><td></td><td class=\"c x199 y15f8 w1c1 h1f\"><div class=\"t m0 x5b h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">1.582.968<span class=\"ls0\"> </span></div></td></tr></table>La controllante ultima d<span class=\"_ _0\"></span>i Fine Foo<span class=\"_ _0\"></span>ds &amp; Pharmaceuticals N.T.M<span class=\"_ _0\"></span>. S.p.A.<span class=\"_ _0\"></span> <span class=\"ls3\">\u00e8 </span>Eigenfin S.r.l., soc<span class=\"_ _0\"></span>iet\u00e0 non q<span class=\"_ _0\"></span>uotata con sede in Italia.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-322": {
   "value": "Eigenfin S.r.l.",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-347": {
   "value": "<span class=\"ff5\">Sintesi dei principali pr<span class=\"_ _2\"></span>incipi contabili<span class=\"_ _75\"> </span></span><span class=\"ff5\"> </span>1.4.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Aggregazion<span class=\"_ _0\"></span>i di imprese e avviamen<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le <span class=\"_ _0\"></span>aggregazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>aziendali <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>contabilizzate <span class=\"_ _3\"></span>utilizzando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>metod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dell\u2019acquis<span class=\"_ _0\"></span>izione. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019<span class=\"_ _0\"></span>acquisizione <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>determin<span class=\"_ _3\"></span><span class=\"ff4\">ato <span class=\"_ _3\"></span>come<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>somma <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>corrispettivo <span class=\"_ _4\"></span>trasferito, <span class=\"_ _4\"></span>misurato <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019importo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>partecipazione <span class=\"_ _5\"></span><span class=\"ff4\">di <span class=\"_ _4\"></span>minoranza<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>nell\u2019acquisita. <span class=\"_ _3\"></span>Per <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>aggregazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>defin<span class=\"_ _0\"></span>isce <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>misurare <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>partecipazione <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>minoranza <span class=\"_ _3\"></span>nell\u2019acqui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span><span class=\"ff4\">a <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>value <span class=\"_ _5\"></span>oppur<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>proporzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quota <span class=\"_ _9\"> </span>della <span class=\"_ _5\"> </span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>minor<span class=\"_ _0\"></span>anza <span class=\"_ _5\"></span>nelle <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>nette <span class=\"_ _5\"></span>iden<span class=\"_ _0\"></span>tificabili<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ff6\">dell\u2019acquisita. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>costi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di<span class=\"_ _75\"> </span></span><span class=\"ff6\"><span class=\"_ _0\"></span> </span>acquisizione <span class=\"_ _4\"></span>sono <span class=\"_ _5\"> </span>spe<span class=\"_ _0\"></span>sati <span class=\"_ _4\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>class<span class=\"_ _0\"></span>ificati <span class=\"_ _4\"></span>tra <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>spese<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>amm<span class=\"_ _0\"></span>inistrative. <span class=\"_ _4\"></span>Il <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"></span>deter<span class=\"_ _0\"></span>mina <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>aver <span class=\"_ _5\"></span>acquisito <span class=\"_ _5\"></span>un<span class=\"_ _3\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span> aziendale <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>integrato <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>beni <span class=\"_ _4\"></span>include <span class=\"_ _4\"></span>almeno <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>fattore <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>produ<span class=\"_ _0\"></span><span class=\"ff4\">zione <span class=\"_ _4\"></span>ed <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>processo <span class=\"_ _4\"></span>sostanziale <span class=\"_ _4\"></span>che<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>insieme contribuiscon<span class=\"_ _0\"></span>o in <span class=\"_ _0\"></span>modo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ignificativo a<span class=\"_ _0\"></span>lla capacit\u00e0 <span class=\"_ _0\"></span>di ge<span class=\"_ _0\"></span>nerare <span class=\"_ _0\"></span>un ou<span class=\"_ _0\"></span>tput.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Il processo<span class=\"_ _0\"></span> acquisi<span class=\"_ _0\"></span>to \u00e8 <span class=\"_ _0\"></span>considerato so<span class=\"_ _0\"></span>stanziale <span class=\"_ _0\"></span>se \u00e8<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> cruciale per <span class=\"_ _2\"></span>la capacit\u00e0 <span class=\"_ _8\"></span>di continuare a generare <span class=\"_ _2\"></span>un output <span class=\"_ _2\"></span>e i <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>tori <span class=\"_ _2\"></span>di produzione acquisiti <span class=\"_ _2\"></span>comprend<span class=\"_ _0\"></span>ono una <span class=\"_ _2\"></span>forza lavoro <span class=\"_ _2\"></span>organizzata<span class=\"_ _75\"> </span> che dispone <span class=\"_ _2\"></span>delle necessarie competenze, conoscenze o <span class=\"_ _2\"></span>esper<span class=\"_ _0\"></span>ienza per <span class=\"_ _2\"></span>eseguire<span class=\"_ _0\"></span> tale <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>ocesso o contribuisce significativamente<span class=\"_ _0\"></span> alla<span class=\"_ _75\"> </span> capacit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tinuare <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tput <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerato <span class=\"_ _3\"></span>unico <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sca<span class=\"_ _0\"></span>rso <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>stituito <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti, <span class=\"_ _0\"></span>sforzi <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>ritardi<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> significativi <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>le capacit\u00e0 <span class=\"_ _8\"></span>di continuare <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>generare un <span class=\"_ _8\"></span>output. Quando <span class=\"_ _8\"></span>il Gruppo <span class=\"_ _8\"></span>acquisisce un <span class=\"_ _8\"></span>bus<span class=\"_ _0\"></span>iness, classifica <span class=\"_ _8\"></span>o designa le <span class=\"_ _8\"></span>attiv<span class=\"_ _0\"></span>it\u00e0<span class=\"_ _75\"> </span> finanziarie acquisite <span class=\"_ _2\"></span>o le <span class=\"_ _2\"></span>passivit\u00e0 assunte in <span class=\"_ _8\"></span>accord<span class=\"_ _0\"></span>o con <span class=\"_ _2\"></span>i termini <span class=\"_ _2\"></span>contrattuali, le <span class=\"_ _2\"></span>condizioni economiche e <span class=\"_ _2\"></span>le altre <span class=\"_ _2\"></span>condizioni pertinenti<span class=\"_ _75\"> </span> in essere <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di acquisizion<span class=\"_ _0\"></span>e. Ci\u00f2 <span class=\"_ _0\"></span>include la <span class=\"_ _0\"></span>verifica <span class=\"_ _0\"></span>per stabil<span class=\"_ _0\"></span>ire se <span class=\"_ _0\"></span>un derivato <span class=\"_ _0\"></span>incorporato<span class=\"_ _0\"></span> debba esser<span class=\"_ _0\"></span>e separato <span class=\"_ _0\"></span>d<span class=\"_ _3\"></span>al contratt<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span> primario.  L\u2019eventuale <span class=\"_ _9\"> </span>cor<span class=\"_ _0\"></span>rispettiv<span class=\"_ _0\"></span>o <span class=\"_ _7\"> </span>potenziale  da <span class=\"_ _9\"> </span>riconoscer<span class=\"_ _0\"></span>e <span class=\"_ _7\"> </span>\u00e8 <span class=\"_ _7\"> </span>rilevato  dall\u2019acquirente <span class=\"_ _9\"> </span>al  fair <span class=\"_ _7\"> </span>value  alla <span class=\"_ _7\"> </span>data <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>acquisizione. <span class=\"_ _7\"> </span>Il<span class=\"_ _75\"> </span> corrispettivo <span class=\"_ _3\"></span>potenziale <span class=\"_ _3\"></span>classificat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>getto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rimisurazione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>successivo <span class=\"_ _3\"></span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>zato<span class=\"_ _75\"> </span> con contropartita <span class=\"_ _2\"></span>il patrimonio netto. <span class=\"_ _2\"></span>La variazione <span class=\"_ _2\"></span>del fair <span class=\"_ _2\"></span>value del corrispettivo <span class=\"_ _2\"></span>potenziale classificato come attivit\u00e0 <span class=\"_ _2\"></span>o passivit\u00e0, <span class=\"_ _2\"></span>quale<span class=\"_ _75\"> </span> strumento <span class=\"_ _3\"></span>finanziario <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>nell\u2019oggetto <span class=\"_ _3\"></span>dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _3\"></span>Strumenti <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziari, <span class=\"_ _3\"></span>deve <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>rilevata <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>acco<span class=\"_ _3\"></span><span class=\"ff4\">rdo <span class=\"_ _3\"></span>con<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>I<span class=\"ff6\">FRS 9.  <span class=\"_ _2\"></span>Il corrispettivo potenziale che non rientra nello scopo <span class=\"_ _2\"></span>dell\u2019IFRS 9 \u00e8 <span class=\"_ _2\"></span>valutato al fair value alla <span class=\"_ _2\"></span>data di bilancio e <span class=\"ff4\">le variazioni <span class=\"_ _2\"></span>del<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>fair value <span class=\"_ _2\"></span>sono rilevate <span class=\"_ _8\"></span>a conto economico.<span class=\"_ _0\"></span> <span class=\"ff6\">L\u2019avviamento <span class=\"_ _2\"></span>\u00e8 inizialmente rilevato <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>rappresentat<span class=\"_ _0\"></span>o dall\u2019eccedenza <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ll\u2019insieme del<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>corrispettivo <span class=\"_ _4\"></span>corrisposto <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>dell\u2019importo <span class=\"_ _4\"></span>iscritto <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>interessenze <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>minoranza <span class=\"_ _4\"></span>rispetto <span class=\"_ _3\"></span>alle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _3\"></span>identificabil<span class=\"_ _3\"></span><span class=\"ff4\">i <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>passivit\u00e0 <span class=\"_ _4\"></span>assunte <span class=\"_ _4\"></span>dal <span class=\"_ _5\"></span><span class=\"ff6\">Gruppo. <span class=\"_ _4\"></span>Se <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>tte <span class=\"_ _4\"></span>acquisite <span class=\"_ _4\"></span>eccede <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>c<span class=\"_ _0\"></span>orrispettivo <span class=\"_ _4\"></span>corrisposto<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>verifica <span class=\"_ _8\"></span>nuova<span class=\"_ _0\"></span>mente <span class=\"_ _2\"></span>se <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>identificato <span class=\"_ _2\"></span>correttamente tutte <span class=\"_ _8\"></span>le <span class=\"_ _2\"></span>attivit\u00e0 acquisite <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>te <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>passiv<span class=\"_ _3\"></span>it\u00e0 <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>te <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>rivede le <span class=\"_ _8\"></span>procedure <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> per <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>terminare <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>ammontar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>rilevare <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>acq<span class=\"_ _0\"></span>uisizione. <span class=\"_ _3\"></span> <span class=\"_ _4\"></span>Se <span class=\"_ _3\"></span>dalla <span class=\"_ _4\"></span>nuova <span class=\"_ _3\"></span>valutazione <span class=\"_ _4\"></span>emerge <span class=\"_ _4\"></span>ancora <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle<span class=\"_ _75\"> </span> attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>sup<span class=\"_ _0\"></span>eriore <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>corrispettivo, <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _4\"></span>(utile) <span class=\"_ _4\"></span>viene<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rilevata <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _4\"></span>economico. <span class=\"_ _3\"></span>Dopo <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>rilevazione <span class=\"_ _4\"></span>iniziale,<span class=\"_ _75\"> </span> l\u2019avviamento <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>valutato <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdite <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>acc<span class=\"_ _0\"></span>umulate. <span class=\"_ _0\"></span>Al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>riduzion<span class=\"_ _0\"></span>e di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _4\"></span><span class=\"ff4\">(impairment),<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>l\u2019avviamento <span class=\"_ _4\"></span>acquisito <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019aggregazione <span class=\"_ _4\"></span>aziendale <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>allo<span class=\"_ _0\"></span><span class=\"ff4\">cato, <span class=\"_ _4\"></span>dalla <span class=\"_ _4\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>ciascuna <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _4\"></span>generatrice <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>cassa <span class=\"_ _8\"></span>del <span class=\"_ _2\"></span>Gruppo <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>si <span class=\"_ _2\"></span>prevede benefici <span class=\"_ _8\"></span>delle <span class=\"_ _8\"></span>siner<span class=\"_ _0\"></span>gie <span class=\"_ _8\"></span>del<span class=\"_ _0\"></span>l\u2019aggreg<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"></span>a prescindere <span class=\"_ _8\"></span>dal <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>ch<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>altr<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>attivit\u00e0 o <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>dell\u2019entit\u00e0<span class=\"_ _75\"> </span> acquisita siano <span class=\"_ _8\"></span>asseg<span class=\"_ _0\"></span>nate a <span class=\"_ _2\"></span>tali unit\u00e0. <span class=\"ff6\">Se <span class=\"_ _2\"></span>l\u2019avviamento \u00e8 <span class=\"_ _2\"></span>stato allocato a <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019unit\u00e0 generatrice <span class=\"_ _2\"></span>di flussi <span class=\"_ _2\"></span>finanziari e <span class=\"_ _2\"></span>l\u2019entit\u00e0 dismette <span class=\"_ _2\"></span>parte<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _4\"></span>unit\u00e0, <span class=\"_ _3\"></span>l\u2019avviamento <span class=\"_ _4\"></span>associato <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>dismessa <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabil<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>quand<span class=\"_ _3\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>mina<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>l\u2019utile <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>rdita <span class=\"_ _8\"></span>della dismissione. <span class=\"_ _8\"></span>L\u2019avviamento <span class=\"_ _8\"></span>associa<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>con <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _2\"></span>dismessa <span class=\"_ _8\"></span>\u00e8 <span class=\"_ _2\"></span>determinato sulla <span class=\"_ _8\"></span>base <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>valori <span class=\"_ _8\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> dismessa e della parte man<span class=\"_ _0\"></span>tenuta dell\u2019unit\u00e0 ge<span class=\"_ _0\"></span>neratrice di fluss<span class=\"_ _0\"></span>i finanziari.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff7\"> </span>Nell\u2019effettuare quanto <span class=\"_ _8\"></span>espresso sopra <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>amministratori fanno <span class=\"_ _8\"></span>quin<span class=\"_ _0\"></span>di <span class=\"_ _2\"></span>ricorso ad <span class=\"_ _8\"></span>assunzioni e <span class=\"_ _8\"></span>stime, a <span class=\"_ _2\"></span>volte <span class=\"_ _2\"></span>anche complesse,<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>sono<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>soggette al giudizio ste<span class=\"_ _0\"></span>sso degli amministr<span class=\"_ _0\"></span>atori. Le principali assun<span class=\"_ _0\"></span>zioni alla base di tale a<span class=\"_ _0\"></span>ttivit\u00e0 riguarda<span class=\"_ _0\"></span>no:<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">allocazione dei valor<span class=\"_ _0\"></span>i contabili delle attivit\u00e0 e passi<span class=\"_ _0\"></span>vit\u00e0 alle singole <span class=\"_ _0\"></span>CGU, </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">previsione dei flussi di cassa <span class=\"_ _0\"></span>futuri, per<span class=\"_ _0\"></span> il periodo esplicito del bu<span class=\"_ _0\"></span>siness plan di Gruppo<span class=\"_ _0\"></span>, </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei flussi di <span class=\"_ _0\"></span>cassa nor<span class=\"_ _0\"></span>malizzati alla base della stim<span class=\"_ _0\"></span>a del valore ter<span class=\"_ _0\"></span>minale nonch\u00e9 </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _3\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei tassi di cres<span class=\"_ _0\"></span>cita di lun<span class=\"_ _0\"></span>go periodo e di attualizza<span class=\"_ _0\"></span>zione applicati alle pr<span class=\"_ _0\"></span>evisioni dei flussi di cassa f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ri.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>1.4.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Valutazione del <span class=\"_ _0\"></span>fair valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il Gruppo valuta gli strumenti finanziari quali i <span class=\"_ _2\"></span>derivati, e le attivit\u00e0 non finanziarie quali gli investimenti immobiliari,<span class=\"_ _0\"></span> al fair value ad ogni<span class=\"_ _75\"> </span> chiusura di bilancio. Il fair value \u00e8<span class=\"_ _0\"></span> il prezzo che si percepire<span class=\"_ _0\"></span>bbe per la vendita di un\u2019attivit\u00e0,<span class=\"_ _0\"></span> o che si <span class=\"_ _0\"></span><span class=\"ff4\">pag<span class=\"_ _0\"></span>herebbe per il trasfer<span class=\"_ _0\"></span>imento di<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>una passivit\u00e0, in <span class=\"_ _2\"></span>una regolare operazion<span class=\"_ _0\"></span>e tra operatori di mercato alla <span class=\"_ _2\"></span>data di valutazione. Una valutazione del fair value <span class=\"_ _2\"></span>s<span class=\"_ _0\"></span><span class=\"ls3\">uppone che<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>l\u2019operazione di vendita dell<span class=\"_ _0\"></span>\u2019attivit\u00e0 o di trasfe<span class=\"_ _0\"></span>rimento della passivit\u00e0 <span class=\"_ _0\"></span>abbia luogo:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">nel mercato principale dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0 o passivit\u00e0;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>oppure<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">in assenza di un mercato pr<span class=\"_ _0\"></span>incipale, nel mer<span class=\"_ _0\"></span>cato pi\u00f9 vantaggioso p<span class=\"_ _0\"></span>er l\u2019attivit\u00e0 o passivit\u00e0.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _3\"></span><span class=\"ff4\"> </span></span></span>Il <span class=\"_ _8\"></span>mercato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>principale o <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>mer<span class=\"_ _0\"></span>cato <span class=\"_ _8\"></span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _8\"></span>van<span class=\"_ _0\"></span>taggioso <span class=\"_ _8\"></span>devon<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>essere <span class=\"_ _8\"></span>acc<span class=\"_ _0\"></span>essibili <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span>. <span class=\"_ _8\"></span>Il <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>pa<span class=\"_ _3\"></span><span class=\"ff4\">ssivit\u00e0 <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _8\"></span>valutat<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>adottando  le <span class=\"_ _6\"> </span>assunzioni  che <span class=\"_ _6\"> </span>gli  operatori <span class=\"_ _6\"> </span>di  mercato <span class=\"_ _6\"> </span>utilizzerebbero  nella  determinazione <span class=\"_ _6\"> </span>del  prezzo <span class=\"_ _6\"> </span>dell\u2019attivi<span class=\"ff4 ls0\">t\u00e0  o <span class=\"_ _6\"> </span>passivit\u00e0,<span class=\"_ _75\"> </span></span><span class=\"ff4 ls0\"> </span>presumendo che gli stessi agiscano per soddisfare nel modo migliore il proprio interesse economico.<span class=\"_ _0\"></span> Una valutazione del fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span> di<span class=\"_ _75\"> </span> un\u2019attivit\u00e0 non finanziaria considera la capacit\u00e0 di un <span class=\"_ _2\"></span>operatore di mercato di generare benefici economici impiegando l\u2019attivit\u00e0 nel suo<span class=\"_ _75\"> </span> massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>migliore <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>vendendola <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>altro <span class=\"_ _0\"></span>operatore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>impiegherebbe<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>l suo <span class=\"_ _0\"></span>massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>miglior <span class=\"_ _0\"></span>utili<span class=\"_ _3\"></span>zzo. <span class=\"_ _0\"></span>Il<span class=\"_ _75\"> </span> Gruppo utilizza <span class=\"_ _0\"></span>tecniche <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>che sono<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>atte alle<span class=\"_ _0\"></span> circost<span class=\"_ _0\"></span>anze e <span class=\"_ _0\"></span>per le <span class=\"_ _0\"></span>quali <span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>sono suffi<span class=\"_ _0\"></span>cienti <span class=\"_ _0\"></span>dati dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>valutare <span class=\"_ _0\"></span>il<span class=\"_ _75\"> </span> fair value, massimizzando l<span class=\"_ _0\"></span>\u2019utilizzo d<span class=\"_ _0\"></span>i input osservabili rilevanti e <span class=\"_ _0\"></span>minimizzando l\u2019uso di <span class=\"_ _0\"></span>input non oss<span class=\"_ _0\"></span>ervabil<span class=\"_ _0\"></span><span class=\"ff4\">i. </span><span class=\"ff4\"> </span>Tutte le attivit\u00e0 e <span class=\"_ _2\"></span>passivit\u00e0 per le <span class=\"_ _2\"></span>quali il fair <span class=\"_ _2\"></span>value viene valutato o <span class=\"_ _2\"></span>esposto in bilancio <span class=\"_ _2\"></span>sono categorizzate in base alla gerarchia del fair<span class=\"_ _75\"> </span><span class=\"_ _2\"></span> value, come di seguito descritta: <span class=\"_ _0\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 1 - <span class=\"_ _2\"></span><span class=\"ff6\">i prezzi quotati (non rettificati) in mercati attivi <span class=\"_ _2\"></span>per attivit\u00e0 o passivit\u00e0 identiche a cui l\u2019entit\u00e0 pu\u00f2 accedere alla <span class=\"_ _2\"></span>data<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span></span>di valutazione;<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 2 <span class=\"_ _0\"></span><span class=\"ff6\">\u2013</span> <span class=\"ff6\">Input <span class=\"_ _0\"></span>diversi da<span class=\"_ _0\"></span>i prezzi <span class=\"_ _0\"></span>quotati inclusi <span class=\"_ _0\"></span>nel Livello <span class=\"_ _0\"></span>1, osser<span class=\"_ _0\"></span>vabili dirett<span class=\"_ _0\"></span>amente o <span class=\"_ _0\"></span>indirettamente <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019attivit\u00e0 o <span class=\"_ _0\"></span>per la<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"> </span></span></span>passivit\u00e0;  \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 3 <span class=\"ff6\">\u2013</span> <span class=\"ff6\">tecniche d<span class=\"_ _0\"></span>i valutazione per le q<span class=\"_ _0\"></span>uali i dati di input non son<span class=\"_ _0\"></span>o osservabili per l\u2019attiv<span class=\"_ _0\"></span>it\u00e0 o per la pa<span class=\"_ _0\"></span>ssivit\u00e0.<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"><span class=\"_ _0\"></span></span> </span></span>La valutazione del <span class=\"_ _8\"></span>fa<span class=\"_ _0\"></span>ir value \u00e8 <span class=\"_ _8\"></span>cla<span class=\"_ _0\"></span>ssificata interamente nello stesso livello <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>lla gerarchia del <span class=\"_ _2\"></span>fair value in <span class=\"_ _2\"></span>cui \u00e8 classif<span class=\"ff6\">icato l\u2019input di <span class=\"_ _2\"></span>pi\u00f9<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>basso livello di gerar<span class=\"_ _0\"></span>chia utilizzato per la va<span class=\"_ _0\"></span>lutazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per le attivit\u00e0 e passivit\u00e0 rilevate nel bilancio al fair <span class=\"_ _0\"></span>value su base ricorrente, il Gruppo de<span class=\"_ _0\"></span>termina se siano intervenuti <span class=\"_ _0\"></span>dei trasfer<span class=\"_ _0\"></span>imenti<span class=\"_ _75\"> </span> tra i <span class=\"_ _8\"></span>livelli della <span class=\"_ _2\"></span>gerarchia rivedendo la <span class=\"_ _2\"></span>categorizzazione (basata <span class=\"_ _2\"></span>sull\u2019input di <span class=\"_ _2\"></span>livello pi\u00f9 <span class=\"_ _8\"></span>ba<span class=\"_ _0\"></span>sso, che <span class=\"_ _8\"></span>\u00e8 signif<span class=\"_ _0\"></span><span class=\"ff4\">icativo ai <span class=\"_ _2\"></span>fini della <span class=\"_ _8\"></span>valutaz<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>del fair value nella sua interezza)<span class=\"_ _0\"></span> ad ogni chiusur<span class=\"_ _0\"></span>a di bilancio. <span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>Direzione <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>determina <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>criteri <span class=\"_ _4\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>procedure <span class=\"_ _4\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>valutazioni <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icorrenti, <span class=\"_ _3\"></span>quali<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>investimen<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span> immobiliari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>partecipat<span class=\"_ _0\"></span>ivi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>quotate, <span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>valutazioni <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ricorrenti, <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sate <span class=\"_ _0\"></span>destinate <span class=\"_ _0\"></span>alla<span class=\"_ _75\"> </span> vendita.   Ad <span class=\"_ _4\"></span>ogni <span class=\"_ _4\"></span>chiusura <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>bilancio <span class=\"_ _4\"></span>la <span class=\"_ _5\"></span>Direzione <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>analizza <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>variazioni <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>valori <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>passivit\u00e0 <span class=\"_ _4\"></span>per<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>\u00e8<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> richiesta, in base ai princip<span class=\"_ _0\"></span>i contabili del Grup<span class=\"_ _0\"></span>po, la rivalutazione o <span class=\"_ _0\"></span>la rideterm<span class=\"_ _0\"></span>inazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per tale<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alisi, vengo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>verificati <span class=\"_ _0\"></span>i pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>input <span class=\"_ _0\"></span>applicati <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>recente, <span class=\"_ _0\"></span>raccordando <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>informazioni <span class=\"_ _4\"></span>utilizzate ne<span class=\"_ _0\"></span>lla<span class=\"_ _75\"> </span>valutazione ai contratti e agli <span class=\"_ _0\"></span>altri docum<span class=\"_ _0\"></span>enti rilevanti.  La Direzione finanziaria di <span class=\"_ _2\"></span>Gruppo effettua una comparazione tra ogni variazione <span class=\"_ _2\"></span>nel fair value di <span class=\"_ _2\"></span>ciascuna attivit\u00e0 e passivit\u00e0 e le fonti<span class=\"_ _75\"> </span>esterne rilevanti, al fine di deter<span class=\"_ _0\"></span>minare se la va<span class=\"_ _0\"></span>riazione sia ragionev<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>. Ai fini dell\u2019informativa <span class=\"_ _0\"></span>relativa <span class=\"_ _0\"></span>al fair <span class=\"_ _0\"></span>value, il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>determina le classi di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e passivit\u00e0 <span class=\"_ _0\"></span>sulla b<span class=\"_ _0\"></span>ase della <span class=\"_ _0\"></span>natur<span class=\"_ _3\"></span><span class=\"ff4\">a, caratter<span class=\"_ _0\"></span>istiche e<span class=\"_ _75\"> </span></span>rischi dell\u2019attivit\u00e0 o della pass<span class=\"_ _0\"></span>ivit\u00e0 ed il livello del<span class=\"_ _0\"></span>la gerarchia del fair<span class=\"_ _0\"></span> value come pr<span class=\"_ _0\"></span>ecedentemente illu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span><span class=\"ff4\">trato. </span>Nella seguente tabella \u00e8 <span class=\"_ _2\"></span>riportata la gerarchia della valutazione del <span class=\"ff3\">fair value</span> per attivit\u00e0 e passivit\u00e0 della Societ\u00e0 <span class=\"_ _2\"></span>al 31 dicembre <span class=\"ls3\">202</span>5<span class=\"_ _75\"> </span>e al 31 dicembre 20<span class=\"_ _0\"></span>24.<table class=\"s w314 h26b\" id=\"_085507e9-8c72-43cb-9baf-2ce3fd7f5ee8\"><tr><td class=\"c x195 y15f9 w1c2 h1cb\"><div class=\"t m0 x2b h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1cb y15f9 w1c3 h1cb\"><div class=\"t m0 x72 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y15f9 w1c4 h1cb\"><div class=\"t m0 x52 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fc w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fe w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y15fe w1c3 h1c0\"><div class=\"t m0 x77 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c8 y15fe w1c4 h1c0\"><div class=\"t m0 x54 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d2 y15fe w16f h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c6 y15fe w1c5 h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y15fe w1ab h1c0\"><div class=\"t m0 x27 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y15ff w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y15ff w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y15ff w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y15ff w16f h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td></td><td></td></tr><tr><td class=\"c x195 y1600 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1600 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y1600 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y1600 w16f h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c6 y1600 w1c5 h1c0\"><div class=\"t m0 x47 h1cc y87e ff5 fs9 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y1600 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1601 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1602 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y1602 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td class=\"c x1c8 y1602 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td><td class=\"c x1c6 y1602 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td></tr><tr><td class=\"c x195 y1603 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1603 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td class=\"c x1c8 y1603 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td><td class=\"c x1c6 y1603 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td></tr><tr><td class=\"c x195 y1604 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1604 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td class=\"c x1c8 y1604 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td><td class=\"c x1c6 y1604 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td></tr><tr><td class=\"c x195 y1605 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1605 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td class=\"c x1c8 y1605 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td><td class=\"c x1c6 y1605 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td></tr><tr><td class=\"c x195 y1606 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1606 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1c8 y1606 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d2 y1606 w16f h1c0\"><div class=\"t m0 x27 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span> </div></td><td class=\"c x1c6 y1606 w1c5 h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d3 y1606 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr></table><table class=\"s w314 h26e\" id=\"_7badedfb-66fe-47f7-bcc8-367bf9f971d9\"><tr><td class=\"c x195 y1607 w1c2 hb1\"><div class=\"t m0 x2b h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1cb y1607 w1c3 hb1\"><div class=\"t m0 x72 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1607 w1c4 hb1\"><div class=\"t m0 x52 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y1609 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y160b w1c2 h1cd\"><div class=\"t m0 x2b h7 y1035 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y160b w1c3 h1cd\"><div class=\"t m0 x77 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160b w1c4 h1cd\"><div class=\"t m0 x54 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160b w16f h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160b w1c5 h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160b w1ab h1cd\"><div class=\"t m0 x27 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160c w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y160c w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160c w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160c w16f h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160c w1c5 h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160c w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160d w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y160d w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160d w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160d w16f h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160d w1c5 h1c0\"><div class=\"t m0 x47 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160d w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160e w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y160f w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y160f w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160f w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160f w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160f w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160f w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1610 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1610 w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1610 w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1610 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1610 w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1610 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1611 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1611 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1611 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1611 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1611 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1611 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1612 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1612 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1612 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1612 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1612 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1612 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1613 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1613 w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1613 w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1613 w16f h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span><span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1613 w1c5 h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1613 w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr></table>Il management della <span class=\"_ _0\"></span>Societ\u00e0 ha v<span class=\"_ _0\"></span>erificato che il Fair Value de<span class=\"_ _0\"></span>lle attivit\u00e0 e pa<span class=\"_ _0\"></span>ssivit\u00e0 finanziarie appros<span class=\"_ _0\"></span>sima il valore contabile.<span class=\"_ _75\"> </span>1.4.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Ricavi proven<span class=\"_ _0\"></span>ienti da contratti con clien<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span></span>Il Gruppo<span class=\"_ _0\"></span>. si occup<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ello sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _0\"></span>e della <span class=\"_ _0\"></span>produzione <span class=\"_ _0\"></span>in con<span class=\"_ _0\"></span>to terz<span class=\"_ _0\"></span>i (<span class=\"_ _0\"></span><span class=\"ff3\">contract <span class=\"_ _0\"></span>development <span class=\"_ _0\"></span>and man<span class=\"_ _0\"></span>ufacturing <span class=\"_ _0\"></span>organization<span class=\"_ _0\"></span><span class=\"ff6\">, <span class=\"_ _0\"></span>\u2018CDMO\u2019)<span class=\"_ _75\"> </span></span></span>di forme <span class=\"ff6\">solide orali de<span class=\"_ _0\"></span>stinate all\u2019ind<span class=\"_ _0\"></span>ustria farmaceutica<span class=\"_ _0\"></span></span>, nutraceuti<span class=\"_ _0\"></span>ca e cosmetica<span class=\"_ _75\"> </span>I <span class=\"_ _0\"></span>ricavi <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>clienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>quando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>controllo <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>trasferito <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>gene<span class=\"_ _0\"></span>ralment<span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>consegna,<span class=\"_ _75\"> </span>per un ammontar<span class=\"_ _0\"></span>e che riflette il corr<span class=\"_ _0\"></span>ispettivo che la Soc<span class=\"_ _0\"></span>iet\u00e0 si aspetta di r<span class=\"_ _0\"></span>icevere in cambio di tali be<span class=\"_ _0\"></span>ni.<span class=\"_ _75\"> </span>La<span class=\"ls0\"> <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>sidera <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>ci <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>altre <span class=\"_ _4\"></span>promesse <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>contratto <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>rapprese<span class=\"_ _0\"></span>ntano <span class=\"_ _4\"></span>obbligazioni <span class=\"_ _4\"></span>contrattuali<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>sulle <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>del<span class=\"_ _75\"> </span></span>corrispettivo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ve <span class=\"_ _4\"></span>essere <span class=\"_ _4\"></span>allocato. <span class=\"_ _4\"></span>Nel <span class=\"_ _4\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _4\"></span>de<span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>prodotti<span class=\"ls4\">, <span class=\"_ _4\"></span><span class=\"ls7\">la</span></span> <span class=\"_ _4\"></span>Societ\u00e0<span class=\"_ _75\"> </span>considera gli eventuali effetti <span class=\"_ _0\"></span>derivanti dalla presenza di co<span class=\"_ _0\"></span>rrispettivi variabili<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>di component<span class=\"_ _0\"></span>i finanziarie significative.<span class=\"_ _75\"> </span>Se il corrispettivo promesso nel contratto include un importo variabile, <span class=\"ls7\">la</span> Societ\u00e0 <span class=\"ff6\">stima l\u2019importo del corrispettivo variabile al momento<span class=\"_ _75\"> </span></span>della <span class=\"_ _3\"></span>stipula <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>atto. <span class=\"_ _3\"></span>Tale <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>rilevato <span class=\"_ _3\"></span>fino <span class=\"_ _4\"></span>a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>altamente <span class=\"_ _4\"></span>probabile <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>riconoscime<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>tenu<span class=\"_ _3\"></span>to <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>quanto concordato.<span class=\"_ _75\"> </span>1.4.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Imposte su<span class=\"_ _0\"></span>l reddito<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Imposte correnti<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le <span class=\"_ _4\"></span>imposte <span class=\"_ _4\"></span>correnti <span class=\"_ _5\"></span>attive <span class=\"_ _4\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>passive <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>valutate <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>l\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>ci <span class=\"_ _5\"></span>si <span class=\"_ _4\"></span>attende<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>r<span class=\"_ _0\"></span>ecuperare <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>cor<span class=\"_ _0\"></span>risponde<span class=\"_ _3\"></span><span class=\"ff4\">re <span class=\"_ _5\"></span>alle<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>autorit\u00e0 <span class=\"_ _0\"></span>fiscali. <span class=\"_ _3\"></span>Le <span class=\"_ _0\"></span>aliquote <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>fiscale <span class=\"_ _0\"></span>utilizzate <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>colare <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>nate, <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sostanzialme<span class=\"_ _0\"></span><span class=\"ff4\">nte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>vigor<span class=\"_ _0\"></span>e,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>alla data di chiusura di bilan<span class=\"_ _0\"></span>cio nei paesi dove<span class=\"_ _0\"></span> il Gruppo opera e g<span class=\"_ _0\"></span>enera il prop<span class=\"_ _0\"></span>rio reddito imponibile. <span class=\"_ _0\"></span> Le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>correnti <span class=\"_ _0\"></span>relative <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ementi <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tto <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>anch\u2019e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>netto <span class=\"_ _4\"></span><span class=\"ff4\">e <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>nel<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>prospetto <span class=\"_ _0\"></span>dell\u2019utile/(perdita) <span class=\"_ _0\"></span>d\u2019eser<span class=\"_ _0\"></span>cizio. Il <span class=\"_ _0\"></span>Man<span class=\"_ _0\"></span>agement <span class=\"_ _0\"></span>periodicamente <span class=\"_ _0\"></span>valuta<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sizione assun<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>dichiarazione <span class=\"_ _3\"></span><span class=\"ff4\">de<span class=\"_ _0\"></span>i r<span class=\"_ _0\"></span>edditi <span class=\"_ _0\"></span>nei<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>casi in cui le norme fiscali siano<span class=\"_ _0\"></span> soggette ad<span class=\"_ _0\"></span> interpretazioni e, ove <span class=\"_ _0\"></span>appropriato, pr<span class=\"_ _0\"></span>ovvede a stanziare degli accanton<span class=\"_ _0\"></span>amenti<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> Imposte differite<span class=\"_ _75\"> </span> Le imposte differite sono calcolate <span class=\"_ _0\"></span>applicando il cosiddetto \u201cliability<span class=\"_ _0\"></span> method\u201d alle differen<span class=\"_ _0\"></span>ze temporanee alla data di bilan<span class=\"_ _0\"></span><span class=\"ff4\">cio tra i va<span class=\"_ _0\"></span>lori<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>fiscali delle attivit\u00e0 e delle pa<span class=\"_ _0\"></span>ssivit\u00e0 e i cor<span class=\"_ _0\"></span>rispondenti valori di bilan<span class=\"_ _0\"></span>cio. <span class=\"_ _0\"></span> Le imposte differite passive sono <span class=\"_ _0\"></span>rilevate su tutte le differ<span class=\"_ _0\"></span>enze tempo<span class=\"_ _0\"></span>ranee tassabili, con le seguent<span class=\"_ _0\"></span>i eccezioni:<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>rilevazione <span class=\"_ _0\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>dell\u2019a<span class=\"_ _0\"></span>vviamento <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>transazi<span class=\"_ _0\"></span><span class=\"ff4\">one<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span></span>che non <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>appresenta un\u2019aggregazione aziendale e, <span class=\"_ _2\"></span>al tempo della <span class=\"_ _2\"></span>transazion<span class=\"_ _0\"></span>e stessa, <span class=\"_ _2\"></span>non influenza n\u00e9 il <span class=\"_ _8\"></span>risu<span class=\"_ _0\"></span>ltato di bilancio<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>n\u00e9 il risultato fiscale;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>riversamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>tempor<span class=\"_ _0\"></span>anee <span class=\"_ _4\"></span>imponibili, <span class=\"_ _4\"></span>associate <span class=\"_ _5\"></span>a <span class=\"_ _4\"></span>partecipazioni <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>controllate, <span class=\"_ _4\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span><span class=\"ff3\">joint<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff3\"><span class=\"_ _0\"></span> </span></span></span>venture<span class=\"ff4 ls4\">, pu\u00f2 essere controllato, ed \u00e8 probab<span class=\"_ _0\"></span>ile che esso non si verifichi nel prevedibile futuro.<span class=\"_ _75\"> </span></span><span class=\"ff4 ls4\"><span class=\"_ _0\"></span><span class=\"ls0\"> </span></span>Le <span class=\"_ _8\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>differite attive <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>rilevate <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fronte <span class=\"_ _8\"></span>di tutte <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>differenze <span class=\"_ _2\"></span>temporanee <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ducibili, <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>crediti <span class=\"_ _8\"></span>e delle <span class=\"_ _8\"></span>perdite fiscali <span class=\"_ _8\"></span>non <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span> e riportabili a nuovo, <span class=\"_ _2\"></span>nella misura in cui sia probabile che saranno disponibili sufficienti imponibili<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>ali futuri, che possano consentire<span class=\"_ _75\"> </span> l\u2019utilizzo delle differenze tem<span class=\"_ _0\"></span>poranee d<span class=\"_ _0\"></span>educibili e dei crediti e <span class=\"_ _0\"></span>delle perdite fiscali ripor<span class=\"_ _0\"></span>tati a nuovo, e<span class=\"_ _0\"></span>ccetto i casi in <span class=\"_ _3\"></span><span class=\"ff4\">cui:<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _8\"></span>differita <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>iva <span class=\"_ _8\"></span>collegata<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>differenze <span class=\"_ _8\"></span>temporan<span class=\"_ _0\"></span>ee <span class=\"_ _8\"></span>dedu<span class=\"_ _0\"></span>cibili <span class=\"_ _8\"></span>deriva<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dalla <span class=\"_ _8\"></span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span></span>in <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansazione <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019aggregazione <span class=\"_ _3\"></span>aziendal<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tempo <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>transazione <span class=\"_ _3\"></span>stessa, <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>influ<span class=\"_ _0\"></span>isce <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _75\"> </span> sul risultato di bilancio, n\u00e9 su<span class=\"_ _0\"></span>l risultato fiscale;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temporanee <span class=\"_ _3\"></span>deducibili <span class=\"_ _4\"></span>associate <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partecipazioni <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollate, <span class=\"_ _3\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span><span class=\"ff3\">joint <span class=\"_ _3\"></span>ventur<span class=\"_ _0\"></span>e</span>, <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>attive <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>solo <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isura <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sia <span class=\"_ _3\"></span>probabile <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esse <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riverser<span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>futuro <span class=\"_ _0\"></span>prevedibile<span class=\"_ _3\"></span> <span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span><span class=\"ls9\"> </span>che vi saranno sufficienti <span class=\"_ _0\"></span>imponibili fiscali che <span class=\"_ _0\"></span>consentano il recuper<span class=\"_ _0\"></span>o di tali differenze tem<span class=\"_ _0\"></span>poranee.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>carico <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>oste <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _3\"></span>attive <span class=\"_ _3\"></span>viene <span class=\"_ _3\"></span>riesaminato <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ciascuna <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ridott<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>misura <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cu<span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> probabile che <span class=\"_ _8\"></span>saranno disponibili <span class=\"_ _8\"></span>in futuro <span class=\"_ _8\"></span>sufficienti imponibili <span class=\"_ _8\"></span>fiscali da <span class=\"_ _8\"></span>perm<span class=\"_ _0\"></span>ettere <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>tutto <span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>in parte <span class=\"_ _8\"></span>l\u2019utiliz<span class=\"_ _0\"></span><span class=\"ff4\">zo <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>tale <span class=\"_ _2\"></span>credito. Le <span class=\"_ _8\"></span>imposte<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>differite <span class=\"_ _0\"></span>attive <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>riesam<span class=\"_ _0\"></span>inate <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>diventa <span class=\"_ _0\"></span>probabile<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>redditi<span class=\"_ _75\"> </span> fiscali saranno sufficienti a co<span class=\"_ _0\"></span>nsentire il recupe<span class=\"_ _0\"></span>ro di tali imposte diff<span class=\"_ _0\"></span>erite attive<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Le imposte differite attive e passive sono misurate in base alle aliquote fiscali che si attende sarann<span class=\"_ _0\"></span>o applicate nell\u2019eserc<span class=\"_ _0\"></span><span class=\"ff4\">izio in cui tali<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>attivit\u00e0 si realizzeranno o <span class=\"_ _2\"></span>tali passivit\u00e0 si estingueranno, consideran<span class=\"_ _0\"></span>do le aliquote in <span class=\"_ _2\"></span>vigore e quelle gi\u00e0 emana<span class=\"_ _0\"></span>te, o sostanzialmente in<span class=\"_ _75\"> </span> vigore, alla data di bilancio.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le imposte differite relative ad<span class=\"_ _0\"></span> elementi rilevati al di fuori del conto economico sono anch\u2019esse r<span class=\"_ _0\"></span>ilevate al di fuor<span class=\"_ _0\"></span>i del co<span class=\"_ _0\"></span><span class=\"ff4\">nto econo<span class=\"_ _0\"></span>mico<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>e, quindi, nel patrimonio ne<span class=\"_ _0\"></span>tto o nel conto eco<span class=\"_ _0\"></span>nomico complessivo, <span class=\"_ _0\"></span>coerentemen<span class=\"_ _0\"></span>te con l\u2019elemento cui si r<span class=\"_ _0\"></span>iferiscono.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span><span class=\"ff4\"> </span>I benefici <span class=\"_ _0\"></span>fiscali acqu<span class=\"_ _0\"></span>isiti a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>di un\u2019agg<span class=\"_ _0\"></span>regazione azien<span class=\"_ _0\"></span>dale, <span class=\"_ _0\"></span>ma che <span class=\"_ _0\"></span>non soddisfan<span class=\"_ _0\"></span>o i <span class=\"_ _0\"></span>criteri p<span class=\"_ _0\"></span>er la <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>separ<span class=\"_ _3\"></span><span class=\"ff4\">ata alla <span class=\"_ _0\"></span>data<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>di <span class=\"_ _6\"> </span>acquisizione, <span class=\"_ _6\"> </span>sono <span class=\"_ _6\"> </span>eve<span class=\"_ _0\"></span>ntualmente <span class=\"_ _f\"> </span>riconosciuti  succe<span class=\"_ _0\"></span>ssivamente, <span class=\"_ _6\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _6\"> </span>momento <span class=\"_ _6\"> </span>in <span class=\"_ _6\"> </span>cui <span class=\"_ _6\"> </span>si <span class=\"_ _6\"> </span>ot<span class=\"_ _0\"></span>tengono <span class=\"_ _6\"> </span>nuove <span class=\"_ _6\"> </span>infor<span class=\"_ _0\"></span>mazioni <span class=\"_ _f\"> </span>sui<span class=\"_ _75\"> </span> cambiamenti <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fatti <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>ostanze. <span class=\"_ _3\"></span>L\u2019aggiustamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>riconosciuto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>dell\u2019avviamen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>concorrenza <span class=\"_ _3\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>valore<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>dell\u2019avviamento), <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>caso <span class=\"_ _10\"> </span>in <span class=\"_ _f\"> </span>cui <span class=\"_ _10\"> </span>sia <span class=\"_ _f\"> </span>rilevato <span class=\"_ _10\"> </span>durante <span class=\"_ _f\"> </span>il <span class=\"_ _10\"> </span>periodo <span class=\"_ _f\"> </span>di <span class=\"_ _10\"> </span>misurazione, <span class=\"_ _10\"> </span>ovvero <span class=\"_ _f\"> </span>nel <span class=\"_ _10\"> </span>conto <span class=\"_ _f\"> </span>econom<span class=\"_ _0\"></span>ico, <span class=\"_ _f\"> </span>se <span class=\"_ _f\"> </span>rilev<span class=\"_ _0\"></span>a<span class=\"_ _3\"></span><span class=\"ff4\">to<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>successivamente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>compensa imposte <span class=\"_ _8\"></span>differite <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _8\"></span>ed <span class=\"_ _2\"></span>imposte <span class=\"_ _2\"></span>differite <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _8\"></span>se <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>solo se <span class=\"_ _8\"></span>esiste <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>diritto <span class=\"_ _2\"></span>legale <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>consente di <span class=\"_ _2\"></span>compensare<span class=\"_ _75\"> </span> imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>imposte <span class=\"_ _4\"></span>differite <span class=\"_ _4\"></span>attive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>passive <span class=\"_ _3\"></span>facciano <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>imp<span class=\"_ _3\"></span>oste <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>reddito<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> dovute alla stessa autorit\u00e0 fiscale <span class=\"_ _8\"></span>dallo stesso soggetto contribuente o da soggetti <span class=\"_ _2\"></span>contribuenti diversi che intendono saldare le attivit\u00e0<span class=\"_ _75\"> </span> e <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>fiscali <span class=\"_ _4\"></span>correnti <span class=\"_ _4\"></span>su <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>netta <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>realizzare <span class=\"_ _4\"></span>l\u2019attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>sa<span class=\"_ _0\"></span>ldare <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>contempor<span class=\"_ _3\"></span><span class=\"ff4\">aneamente, <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ogni<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>periodo futuro nel qua<span class=\"_ _0\"></span>le ci si attende che le at<span class=\"_ _0\"></span>tivit\u00e0 e passivit\u00e0 per <span class=\"_ _0\"></span>imposte differite siano sa<span class=\"_ _0\"></span>ldate o recupe<span class=\"_ _0\"></span>rate.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Imposte indirette<span class=\"_ _75\"> </span> I costi, <span class=\"_ _0\"></span>i ricavi, le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e le passivit\u00e0 <span class=\"_ _0\"></span>sono rilevati <span class=\"_ _0\"></span>al netto <span class=\"_ _0\"></span>delle imposte <span class=\"_ _0\"></span>indirette, qu<span class=\"_ _0\"></span>ali l\u2019imposta <span class=\"_ _0\"></span>sul valore <span class=\"_ _0\"></span>aggi<span class=\"_ _0\"></span><span class=\"ff4\">un<span class=\"_ _0\"></span>to, con <span class=\"_ _0\"></span>le seguenti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>eccezioni:<span class=\"_ _75\"> </span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _3\"></span>applicata <span class=\"_ _3\"></span>all\u2019acqu<span class=\"_ _0\"></span>isto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>servizi <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>indetraibile; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _4\"></span>essa <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _4\"></span>rilevata <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>parte <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>acquis<span class=\"_ _3\"></span><span class=\"ff4 ls4\">to<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4 ls4\"> </span></span></span>dell\u2019attivit\u00e0 o parte del costo ri<span class=\"_ _0\"></span>levato nel cont<span class=\"_ _0\"></span>o economico;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i crediti e i debiti commerciali incl<span class=\"_ _0\"></span>udono l\u2019imposta indiretta<span class=\"_ _0\"></span> applicabile.<span class=\"_ _75\"> </span></span></span>L\u2019ammontare netto d<span class=\"_ _0\"></span>elle imposte indirett<span class=\"_ _0\"></span>e da recuperare o<span class=\"_ _0\"></span> da pagare all\u2019Erario \u00e8 incluso ne<span class=\"_ _0\"></span>l bilancio <span class=\"_ _0\"></span>trai crediti ovvero tra<span class=\"_ _3\"></span><span class=\"ff4\"> i debiti.<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>1.4.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Operazioni e<span class=\"_ _0\"></span> saldi in va<span class=\"_ _0\"></span>luta estera<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le operazioni <span class=\"_ _2\"></span>in valuta <span class=\"_ _2\"></span>estera, se presenti, sono <span class=\"_ _2\"></span>rilevate<span class=\"_ _0\"></span> inizialmente <span class=\"_ _2\"></span>nella valuta funzionale, applicando <span class=\"_ _2\"></span>il tasso <span class=\"_ _2\"></span>di cambio a <span class=\"_ _8\"></span>pron<span class=\"_ _0\"></span>ti alla<span class=\"_ _75\"> </span> data dell\u2019operazione. <span class=\"ff4 ls0\"> </span>Le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>passivit\u00e0 m<span class=\"_ _0\"></span>onetarie, de<span class=\"_ _0\"></span>nominate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertite <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>funzionale <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>al<span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>data del<span class=\"_ _75\"> </span> bilancio.<span class=\"_ _75\"> </span> Le <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>cambio <span class=\"_ _5\"></span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>quelle <span class=\"_ _5\"></span>derivanti <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>conversione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>poste <span class=\"_ _4\"></span>m<span class=\"_ _0\"></span>onetarie <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>ri<span class=\"_ _0\"></span>levate <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico.<span class=\"_ _4\"></span> <span class=\"_ _4\"></span><span class=\"ls3\">Le<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>imposte <span class=\"_ _6\"> </span>attribuibili  alle <span class=\"_ _6\"> </span>differenze <span class=\"_ _6\"> </span>cambio <span class=\"_ _6\"> </span>sugli <span class=\"_ _6\"> </span>elementi <span class=\"_ _6\"> </span>monetari  sono <span class=\"_ _6\"> </span>anch\u2019esse <span class=\"_ _6\"> </span>rilevate <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>prospetto <span class=\"_ _6\"> </span>di  conto <span class=\"_ _6\"> </span>economico<span class=\"_ _75\"> </span> co<span class=\"ls0\">mplessivo. Le <span class=\"_ _8\"></span>poste<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>non monetarie <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>storico in <span class=\"_ _8\"></span>val<span class=\"_ _0\"></span>uta <span class=\"_ _2\"></span>estera sono <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>vertite <span class=\"_ _2\"></span>ai tassi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>cambio <span class=\"_ _2\"></span>alla data <span class=\"_ _2\"></span>di rilevazione<span class=\"_ _75\"> </span></span><span class=\"ls0\"><span class=\"_ _0\"></span> </span>iniziale de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>transazione. <span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>moneta<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>in valuta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stera <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> determinazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>valore. <span class=\"_ _0\"></span>L\u2019utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>perdita <span class=\"_ _3\"></span><span class=\"ff4\">che em<span class=\"_ _0\"></span>erge da<span class=\"_ _0\"></span>lla conversione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>monetarie<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>trattato <span class=\"_ _0\"></span>coeren<span class=\"_ _0\"></span>temente con<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>la rilevazione degli ut<span class=\"_ _0\"></span>ili e de<span class=\"_ _0\"></span>lle perdite relative alla<span class=\"_ _0\"></span> variazione<span class=\"_ _0\"></span> del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>delle suddette po<span class=\"_ _0\"></span>ste (i.e. <span class=\"_ _0\"></span>le differenze d<span class=\"_ _0\"></span>i conversione <span class=\"_ _0\"></span>sulle<span class=\"_ _75\"> </span> voci la cui <span class=\"_ _0\"></span>variazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>\u00e8 rilevata<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico com<span class=\"_ _0\"></span>plessivo o <span class=\"_ _0\"></span>nel conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>sono rilevate, <span class=\"_ _0\"></span>rispettivamente,<span class=\"_ _75\"> </span> nel conto economico comples<span class=\"_ _0\"></span>sivo o nel cont<span class=\"_ _0\"></span>o economico).<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.4.6<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Dividendi<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>La <span class=\"_ _9\"> </span><span class=\"ls0\">Societ\u00e0 <span class=\"_ _9\"> </span>Capogruppo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>rileva <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>pa<span class=\"_ _0\"></span>ssivit\u00e0 <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>fronte <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>paga<span class=\"_ _0\"></span>mento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un <span class=\"_ _9\"> </span>dividendo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>distribuzione <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>adeguatam<span class=\"_ _0\"></span>ente<span class=\"_ _75\"> </span></span><span class=\"ls0\"> </span>autorizzata <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>discrezione <span class=\"_ _4\"></span>della <span class=\"_ _5\"></span>Societ\u00e0. <span class=\"_ _4\"></span>In <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iritto <span class=\"_ _4\"></span>societario <span class=\"_ _4\"></span>vigente <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>Europa, <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>distribuzione <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>autorizzat<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span> quando <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>approvata <span class=\"_ _3\"></span>dagli <span class=\"_ _3\"></span>azionis<span class=\"_ _0\"></span>ti. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>passi<span class=\"_ _0\"></span>vo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>opartita <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>alla <span class=\"_ _5\"></span>riserva<span class=\"_ _75\"> </span> indicata dal verbale assemblear<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span> 1.4.7<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Immobili im<span class=\"_ _0\"></span>pianti e macchinari<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Gli <span class=\"_ _3\"></span>immobili <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>costruz<span class=\"_ _0\"></span>ione <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>orico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>eventuali <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Gli <span class=\"_ _4\"></span>Immobili, <span class=\"_ _3\"></span>imp<span class=\"_ _0\"></span>ianti <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span> macchinari <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>sto <span class=\"_ _3\"></span>storico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>relativo <span class=\"_ _4\"></span>fondo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>amm<span class=\"_ _0\"></span>ortamento <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Ta<span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>costo<span class=\"_ _75\"> </span> include <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>costi <span class=\"_ _2\"></span>per la <span class=\"_ _8\"></span>sostituzione di <span class=\"_ _8\"></span>parte <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>mac<span class=\"_ _0\"></span>chinar<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>impianti <span class=\"_ _2\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>mom<span class=\"_ _0\"></span>ento <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>sostenuti,<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>confor<span class=\"_ _0\"></span>mi <span class=\"_ _8\"></span>ai criteri <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>ri<span class=\"_ _0\"></span>levazione.<span class=\"_ _75\"> </span> Laddove sia necessar<span class=\"_ _0\"></span>ia la so<span class=\"_ _0\"></span>stituzione per<span class=\"_ _0\"></span>iodica<span class=\"_ _0\"></span> di parti signif<span class=\"_ _0\"></span>icative di <span class=\"_ _0\"></span>impianti e<span class=\"_ _0\"></span> macchinari<span class=\"lsa\">, </span>il Gruppo<span class=\"_ _0\"></span> li ammortiz<span class=\"_ _0\"></span>za separatamente<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> in <span class=\"_ _2\"></span>base <span class=\"_ _2\"></span>alla <span class=\"_ _2\"></span><span class=\"ff6\">specifica <span class=\"_ _2\"></span>vita <span class=\"_ _2\"></span>utile. Allo <span class=\"_ _8\"></span>stesso modo, <span class=\"_ _8\"></span>in occasione <span class=\"_ _8\"></span>di revisioni <span class=\"_ _8\"></span>impor<span class=\"_ _0\"></span>tanti, <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _2\"></span>incluso nel <span class=\"_ _8\"></span>valore contabile <span class=\"_ _8\"></span>dell\u2019im<span class=\"_ _0\"></span><span class=\"ff4\">piant<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>o del <span class=\"_ _8\"></span>macchin<span class=\"_ _0\"></span>ario come <span class=\"_ _2\"></span>nel caso della <span class=\"_ _8\"></span>sostitu<span class=\"_ _0\"></span>zione, laddove <span class=\"_ _2\"></span>sia soddisfatto il <span class=\"_ _8\"></span>criter<span class=\"_ _0\"></span>io per <span class=\"_ _8\"></span>la rilevazion<span class=\"_ _0\"></span>e. Tutti <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>altri costi di riparazione<span class=\"_ _75\"> </span> e <span class=\"_ _3\"></span>man<span class=\"_ _0\"></span>utenzione <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _4\"></span>quando <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>stenu<span class=\"_ _0\"></span>ti. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>smantellamento <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>rimozione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> bene al termine del suo utilizzo \u00e8 <span class=\"_ _0\"></span>incluso nel costo <span class=\"_ _0\"></span>del be<span class=\"_ _0\"></span>ne, se sono soddisfat<span class=\"_ _0\"></span>ti i criteri di rilevazion<span class=\"_ _0\"></span>e per un accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> L\u2019ammortamento \u00e8 ca<span class=\"_ _0\"></span>lcolato a quote costa<span class=\"_ _0\"></span>nti sulla vita utile stimata<span class=\"_ _0\"></span> del bene come se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><table class=\"s w317 h270\" id=\"_cbd3e37c-4486-4878-9073-096710be6f01\"><tr><td class=\"c x195 y1614 w1c6 h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Tabella delle aliquote di ammortamento </div></td><td class=\"c x1d4 y1615 w1c9 h39\"><div class=\"t m0 x6b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d5 y1615 w1ca h39\"><div class=\"t m0 x66 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1c5 y1615 w1cb h39\"><div class=\"t m0 x6a h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td></tr><tr><td class=\"c x195 y1616 w1c8 h1d0\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Fabbricati industriali, secondo la tipologia </div></td><td class=\"c x1d4 y1616 w1c9 h1d0\"><div class=\"t m0 x76 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">3%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1616 w1ca h1d0\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">5,50% </div></td><td class=\"c x1c5 y1616 w1cb h1d0\"><div class=\"t m0 x51 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">5.5% </div></td></tr><tr><td class=\"c x195 y1617 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Costruzioni leggere </div></td><td class=\"c x1d4 y1617 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1617 w1ca h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1618 w1c8 h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti generici, secondo la tipologia </div></td><td class=\"c x1d4 y1618 w1c9 h39\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">7,50% </div></td><td class=\"c x1d5 y1618 w1ca h39\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y1618 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1619 w318 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti <span class=\"_ _10\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _1c\"> </span>macchinari <span class=\"_ _1c\"> </span>specifici, <span class=\"_ _1c\"> </span>secondo <span class=\"_ _1c\"> </span>la<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161a w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">14%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161a w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161a w1cb hb1\"><div class=\"t m0 x56 h7 y7ee ff4 fs2 fc1 sc0 ls0 ws0\">12.5% </div></td></tr><tr><td class=\"c x197 y161b w319 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y161c w31a h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Attrezzature <span class=\"_ _4\"></span>industriali <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>commerciali, <span class=\"_ _4\"></span>secondo<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161d w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161d w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">40%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161d w1cb hb1\"><div class=\"t m0 x31 h7 y7ee ff4 fs2 fc1 sc0 ls13 ws0\">35%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y161e w31b h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">la tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y161f w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Mobili e arredi </div></td><td class=\"c x1d4 y161f w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161f w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y161f w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1620 w1c8 h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Macchine elettroniche di ufficio </div></td><td class=\"c x1d4 y1620 w1c9 h39\"><div class=\"t m0 x31 h7 y6e5 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1620 w1ca h39\"><div class=\"t m0 x72 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1620 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1621 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autoveicoli da trasporto </div></td><td class=\"c x1d4 y1621 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1621 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1621 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1622 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autovetture </div></td><td class=\"c x1d4 y1622 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1622 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1622 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td></tr></table>Il valore contabile di un elemen<span class=\"_ _0\"></span>to di immobili, impianti e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>ed ogni componente<span class=\"_ _0\"></span> significativo <span class=\"_ _0\"></span>inizialmente rilevato <span class=\"_ _3\"></span>\u00e8 eliminato <span class=\"_ _0\"></span> al m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>eventuale <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>i si <span class=\"_ _0\"></span>attend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alcun <span class=\"_ _0\"></span>beneficio <span class=\"_ _0\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>futuro <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>suo <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span> L\u2019utile/perdita <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>erge <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>momento <span class=\"_ _4\"></span>dell\u2019eliminazione <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>(calcolato <span class=\"_ _3\"></span>come <span class=\"_ _4\"></span>differenza <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>nett<span class=\"_ _0\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>contabile<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>dell\u2019attivit\u00e0 ed il corr<span class=\"_ _0\"></span>ispettivo percepito)<span class=\"_ _0\"></span> \u00e8 rilevato a conto econom<span class=\"_ _0\"></span>ico quando l\u2019elemen<span class=\"_ _0\"></span>to \u00e8 eliminato con<span class=\"_ _0\"></span>tabilmente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>I valori <span class=\"_ _0\"></span>residui, <span class=\"_ _0\"></span>le v<span class=\"_ _0\"></span>ite utili <span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>todi di <span class=\"_ _0\"></span>ammortam<span class=\"_ _0\"></span>ento di<span class=\"_ _0\"></span> immobili<span class=\"_ _0\"></span>, impianti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>sono r<span class=\"_ _0\"></span>ivisti ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>chiusura <span class=\"_ _4\"></span>di esercizio<span class=\"_ _0\"></span> e,<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ove appropriato, corr<span class=\"_ _0\"></span>etti prospetticamente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.4.8<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Leas</span></span>es<span class=\"_ _75\"> </span><span class=\"ls0\"> </span>Il Gruppo alla stipula di ogni contratto, verifica se lo stesso soddisfa la definizione di leasing prevista dal principio. La definizione<span class=\"_ _0\"></span> di un<span class=\"_ _75\"> </span> accordo <span class=\"_ _2\"></span>contrattuale come <span class=\"_ _8\"></span>oper<span class=\"_ _0\"></span>azione <span class=\"_ _8\"></span>di leasing <span class=\"_ _8\"></span>(o contenente <span class=\"_ _2\"></span>un\u2019operazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>leasing) <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>basa <span class=\"_ _2\"></span>sulla <span class=\"_ _2\"></span>sostanza dell\u2019accor<span class=\"ff4\">do e <span class=\"_ _8\"></span>richiede<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>di <span class=\"_ _4\"></span>valutare <span class=\"_ _4\"></span>se <span class=\"_ _3\"></span>l\u2019adem<span class=\"_ _0\"></span>pimento <span class=\"_ _4\"></span>dell\u2019accordo <span class=\"_ _4\"></span>stesso <span class=\"_ _4\"></span>dipenda <span class=\"_ _4\"></span>dall\u2019utilizzo <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>specifiche <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>l\u2019accordo <span class=\"_ _4\"></span>trasfe<span class=\"_ _0\"></span><span class=\"ff4\">r<span class=\"_ _0\"></span>isca <span class=\"_ _4\"></span>alla<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>controparte tutti i bene<span class=\"_ _0\"></span>fici economici derivanti d<span class=\"_ _0\"></span>all\u2019utilizzo dello ste<span class=\"_ _0\"></span>sso.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Il Gruppo in veste di locatar<span class=\"_ _0\"></span>io<span class=\"_ _75\"> </span> Per <span class=\"_ _8\"></span>ogni <span class=\"_ _2\"></span>contratto <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _8\"></span>la <span class=\"_ _2\"></span>definizione <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>o che <span class=\"_ _8\"></span>contiene <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>leasing, il <span class=\"_ _8\"></span>Gruppo <span class=\"_ _2\"></span>contabili<span class=\"ff6\">zza <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>Diritto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>una <span class=\"_ _2\"></span><span class=\"ff4\">Passivit\u00e0<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>finanziaria, pari al valore attuale dei pagamenti futuri del leasing pi\u00f9 i <span class=\"_ _2\"></span>costi iniziali diretti, obbligazioni a riportare il bene alle sue iniziali<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> condizioni meno qualsia<span class=\"_ _0\"></span>si incentivo pagato al for<span class=\"_ _0\"></span>nitore. <span class=\"_ _0\"></span> Gli oneri finanziari sono imputat<span class=\"_ _0\"></span>i al conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> I beni in leasing sono ammor<span class=\"_ _0\"></span>tizzati sulla base della dur<span class=\"_ _0\"></span>ata del contratt<span class=\"_ _0\"></span>o di locazione. <span class=\"_ _0\"></span> Il Gruppo riconoscer<span class=\"_ _0\"></span>\u00e0 nel proprio bilancio:<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">una <span class=\"_ _2\"></span>passivit\u00e0 finanziaria, pari al <span class=\"_ _2\"></span>valore attuale dei <span class=\"_ _2\"></span>pagamenti futuri residui alla <span class=\"_ _2\"></span>data di transizione, <span class=\"_ _2\"></span>attua<span class=\"_ _0\"></span>lizzati <span class=\"_ _2\"></span>utilizz<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>do per<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>ciascun contratto il tasso d<span class=\"_ _0\"></span>i finanziamento <span class=\"_ _0\"></span>marginale (incremen<span class=\"_ _0\"></span>tal borrowing rate) ap<span class=\"_ _0\"></span>plicabile alla data di tr<span class=\"_ _0\"></span>ansizione;<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">un <span class=\"_ _8\"></span>dir<span class=\"_ _0\"></span>itto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _2\"></span>pari <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>della <span class=\"_ _8\"></span>passivit\u00e0 finanziaria <span class=\"_ _8\"></span>al netto <span class=\"_ _8\"></span>di eventuali <span class=\"_ _8\"></span>rate<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>risconti <span class=\"_ _2\"></span>attivi/passivi riferiti <span class=\"_ _8\"></span>al<span class=\"_ _0\"></span><span class=\"ff4\"> lease <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>rilevati<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>nello stato patrimoniale alla data<span class=\"_ _0\"></span> di chiusura del p<span class=\"_ _0\"></span>resente bilancio<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Pur <span class=\"_ _4\"></span>presentando <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>trasc<span class=\"_ _0\"></span>urabile, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _4\"></span>provveduto<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ad <span class=\"_ _4\"></span>iscrivere <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>spese <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>opere <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>miglioramento <span class=\"_ _4\"></span>effettuate <span class=\"_ _4\"></span>sugl<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> immobili in <span class=\"_ _8\"></span>loca<span class=\"_ _0\"></span>zione, quando <span class=\"_ _2\"></span>hanno<span class=\"_ _0\"></span> i <span class=\"_ _8\"></span>requisiti per essere <span class=\"_ _2\"></span>capitalizzati, all\u2019interno del <span class=\"_ _2\"></span>diritto d\u2019uso <span class=\"_ _2\"></span>amm<span class=\"_ _0\"></span>ortizzandoli sulla<span class=\"ff4\"> base della <span class=\"_ _2\"></span>vita<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>utile residua di ogni singolo <span class=\"_ _0\"></span>contratto.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Nell\u2019adottare <span class=\"_ _4\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span><span class=\"ff4\">il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span></span>ha <span class=\"_ _4\"></span>deciso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>avvalersi <span class=\"_ _4\"></span>dell\u2019esenzione <span class=\"_ _4\"></span>concessa <span class=\"_ _4\"></span>dal <span class=\"_ _4\"></span>principio <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>relazion<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>relativamente <span class=\"_ _4\"></span>ai <span class=\"_ _4\"></span>meglio<span class=\"_ _75\"> </span> conosciuti <span class=\"_ _0\"></span>short-term<span class=\"_ _0\"></span> lease<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>contratti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>durata <span class=\"_ _0\"></span>inferiore <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>12 <span class=\"_ _0\"></span>mesi) pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tutte <span class=\"_ _0\"></span>classi di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 e <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>-value <span class=\"_ _0\"></span>asset, <span class=\"_ _0\"></span>ossia <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span> lease per i quali il valore u<span class=\"_ _0\"></span>nitario dei beni sot<span class=\"_ _0\"></span>tostanti non \u00e8 superio<span class=\"_ _0\"></span>re a 5 migliaia di euro q<span class=\"_ _0\"></span>uando nuovi. <span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>appli<span class=\"_ _0\"></span>cata <span class=\"_ _3\"></span>l\u2019esenzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricadono <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_ _4\"></span>all\u2019interno <span class=\"_ _4\"></span><span class=\"ff4\">della <span class=\"_ _3\"></span>catego<span class=\"_ _0\"></span>ria <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>carrelli <span class=\"_ _3\"></span>elevatori, <span class=\"_ _4\"></span>in <span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>acquistati nel corso del 2019 e <span class=\"_ _0\"></span>consider<span class=\"_ _0\"></span>ati pertanto contratti di br<span class=\"_ _0\"></span>eve durata.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per tali <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>l\u2019adozione<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>compor<span class=\"_ _0\"></span>ter\u00e0 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>lease <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>relativo<span class=\"_ _4\"></span><span class=\"ff4\"> </span>diritto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>\u2019uso,<span class=\"_ _75\"> </span> ma i canoni di locazione <span class=\"_ _0\"></span>saranno rilevati a conto eco<span class=\"_ _0\"></span>nomico su bas<span class=\"_ _0\"></span>e lineare per la d<span class=\"_ _0\"></span>urata dei rispettivi contratt<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gruppo in veste di locator<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span> I contratti <span class=\"_ _0\"></span>di leasing <span class=\"_ _0\"></span>che sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>lasciano in <span class=\"_ _0\"></span>capo alla <span class=\"_ _3\"></span>Societ\u00e0<span class=\"_ _0\"></span> tutti <span class=\"_ _0\"></span>i rischi <span class=\"_ _0\"></span>e benefici <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>propriet\u00e0 <span class=\"_ _0\"></span>del bene <span class=\"_ _0\"></span>sono classificat<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> come leasing operati<span class=\"_ _0\"></span>vi. I proventi <span class=\"_ _0\"></span>da leasing derivant<span class=\"_ _0\"></span>i da leasing<span class=\"_ _0\"></span> operativi sono r<span class=\"_ _0\"></span>ilevati in<span class=\"_ _0\"></span> quote costanti lun<span class=\"_ _0\"></span>go la durata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>leasing, e<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> sono inclus<span class=\"_ _0\"></span>i tra <span class=\"_ _0\"></span>gli altr<span class=\"_ _0\"></span>i rica<span class=\"_ _0\"></span>vi nel <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> data <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>loro nat<span class=\"_ _0\"></span>ura op<span class=\"_ _0\"></span>erativa. I <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>iniziali <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>aggiunti <span class=\"_ _0\"></span>al va<span class=\"_ _0\"></span>lore<span class=\"_ _75\"> </span> contabile del bene locato e rile<span class=\"_ _0\"></span>vati in base a<span class=\"_ _0\"></span>lla durata del contratto <span class=\"_ _0\"></span>sulla medesima ba<span class=\"_ _3\"></span>se dei proventi da<span class=\"_ _0\"></span> locazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.4.9<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Oneri finan<span class=\"_ _0\"></span>ziari<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Gli <span class=\"_ _4\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _5\"></span>finanziari <span class=\"_ _5\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>imputabili <span class=\"_ _5\"></span>all\u2019acquisizione, <span class=\"_ _9\"> </span>alla <span class=\"_ _4\"></span>co<span class=\"_ _0\"></span>struzione <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>oduzione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>bene <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>richiede <span class=\"_ _5\"> </span>un <span class=\"_ _7\"> </span><span class=\"ff4\">periodo<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>abbastanza <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>prima <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>all\u2019uso, <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>cap<span class=\"_ _0\"></span>italizzati <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>stesso<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tutti <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>altr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _0\"></span>f<span class=\"_ _3\"></span><span class=\"ff4\">inanziari <span class=\"_ _3\"></span>sono<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>rilevati <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>competen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sostenuti. <span class=\"_ _0\"></span>Gli <span class=\"_ _0\"></span>oner<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziari <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>stituiti <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>interessi<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>che un\u2019entit\u00e0 sostiene in rela<span class=\"_ _0\"></span>zione all\u2019ottenime<span class=\"_ _0\"></span>nto di finanziament<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span>1.4.10<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>inizial<span class=\"_ _0\"></span>mente rilevate <span class=\"_ _8\"></span>al costo<span class=\"ls4\">. </span>Dopo <span class=\"_ _8\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rilevazione iniziale, <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>iscritte al <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>netto<span class=\"_ _75\"> </span> dell\u2019ammortamento accumulato <span class=\"_ _2\"></span>e di <span class=\"_ _8\"></span>eventuali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>perdite di <span class=\"_ _8\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>accumulat<span class=\"_ _0\"></span>e. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>prodotte<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>internamente, ad <span class=\"_ _8\"></span>e<span class=\"_ _3\"></span><span class=\"ff4\">ccezione<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>dei <span class=\"_ _2\"></span>costi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>sviluppo che <span class=\"_ _8\"></span>soddisfan<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>specifici <span class=\"_ _2\"></span>requisiti cos\u00ec <span class=\"_ _8\"></span>definiti dallo <span class=\"_ _8\"></span>IAS 38, <span class=\"_ _2\"></span>non <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>capitalizzate e <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>rilevano <span class=\"_ _2\"></span>nel <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> dell\u2019esercizio in cui sono state so<span class=\"_ _0\"></span>stenute.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span><span class=\"ff4\"> </span>La vita utile delle attivit\u00e0 im<span class=\"_ _0\"></span>materiali \u00e8 valutata <span class=\"_ _0\"></span>come definita o <span class=\"_ _0\"></span>indefinita.<span class=\"_ _75\"> </span>Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>definita <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>ammortizzate <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>sottoposte <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>verifica <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>congruit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span>valore<span class=\"ls4\">, </span>ogni volta che <span class=\"_ _2\"></span>vi siano indicazioni di una <span class=\"_ _2\"></span>possibile perdita di valore. Il periodo di <span class=\"_ _2\"></span>ammortamento ed il metodo di <span class=\"_ _2\"></span>ammortamen<span class=\"_ _3\"></span><span class=\"ls38\">to<span class=\"_ _75\"> </span></span>di un\u2019attivit\u00e0 immateriale a vita utile definita \u00e8 riconsiderato almeno ad ogni chiusura d\u2019esercizio. I cambiamenti nella vit<span class=\"_ _0\"></span><span class=\"ff4\">a utile attesa o<span class=\"_ _75\"> </span></span>delle modalit\u00e0 con cui i benefici econom<span class=\"_ _0\"></span>ici futuri legati all\u2019attivit\u00e0 si rea<span class=\"_ _0\"></span>lizzeranno sono r<span class=\"_ _0\"></span><span class=\"ff4\">ilevati attrave<span class=\"_ _0\"></span>rso il cambiamento del per<span class=\"_ _0\"></span>iodo o<span class=\"_ _75\"> </span></span>del metodo di ammortamento, a seconda dei <span class=\"_ _2\"></span>casi, e sono considerati cambiamenti di stime contabili. Le quote di <span class=\"_ _2\"></span>ammortam<span class=\"_ _0\"></span>ento d<span class=\"_ _0\"></span>elle<span class=\"_ _75\"> </span>attivit\u00e0 immateriali a vita utile defi<span class=\"_ _0\"></span>nita sono rilevate nel pr<span class=\"_ _0\"></span>ospetto dell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) d\u2019eser<span class=\"_ _0\"></span>cizio nella categoria di costo<span class=\"_ _0\"></span> coerente con la<span class=\"_ _75\"> </span>funzione dell\u2019attivit\u00e0 imm<span class=\"_ _0\"></span>ateriale.<span class=\"_ _75\"> </span>Le <span class=\"_ _2\"></span>attivit\u00e0 <span class=\"_ _2\"></span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>con <span class=\"_ _2\"></span>vita utile <span class=\"_ _8\"></span>indefinita non <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> ammortizzate, <span class=\"_ _2\"></span>ma <span class=\"_ _2\"></span>sono sottoposte <span class=\"_ _8\"></span>annua<span class=\"_ _0\"></span>lmente alla <span class=\"_ _8\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>perd<span class=\"_ _0\"></span>ita di <span class=\"_ _2\"></span>valore,<span class=\"_ _75\"> </span>sia <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _4\"></span>individuale <span class=\"_ _3\"></span>sia <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _3\"></span>gene<span class=\"_ _0\"></span>ratrice <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>cassa<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>(IA<span class=\"_ _0\"></span>S <span class=\"_ _3\"></span>36)<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>La <span class=\"_ _4\"></span>valutazione <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _4\"></span>indefinita <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>rivista<span class=\"_ _75\"> </span>annualmente <span class=\"_ _0\"></span>per deter<span class=\"_ _0\"></span>minare se tale <span class=\"_ _0\"></span>attribuzione <span class=\"_ _0\"></span>continua ad<span class=\"_ _0\"></span> esse<span class=\"_ _0\"></span>re sostenibile<span class=\"_ _3\"></span>, altrimenti, <span class=\"_ _0\"></span>il cambi<span class=\"_ _0\"></span>amento <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span><span class=\"ff6\">\u201c</span>vita utile <span class=\"_ _0\"></span>indefinita<span class=\"ff6\">\u201d</span> <span class=\"_ _0\"></span><span class=\"ls9\">a<span class=\"_ _75\"> </span></span>\u201c<span class=\"ff4\">vita utile definita</span>\u201d<span class=\"ff4\"> si app<span class=\"_ _0\"></span>lica su base<span class=\"_ _0\"></span> prospettica. </span>Un'attivit\u00e0 <span class=\"_ _2\"></span>immateriale viene <span class=\"_ _8\"></span>elimina<span class=\"_ _0\"></span>ta <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>momento della <span class=\"_ _8\"></span>dismissione (ossia, <span class=\"_ _8\"></span>alla data <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>l\u2019acquirente ne <span class=\"_ _8\"></span>ottiene il <span class=\"_ _8\"></span>cont<span class=\"_ _0\"></span><span class=\"ff4\">rollo) o <span class=\"_ _8\"></span>quando<span class=\"_ _75\"> </span></span>non ci si attendono benefici e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ici futuri dal suo utilizzo o dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span>Qualsiasi utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>derivante <span class=\"_ _0\"></span>dall\u2019eliminazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>'attivit\u00e0 <span class=\"_ _0\"></span>(calcolata <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>corrispettivo <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\">la <span class=\"_ _0\"></span>dismissione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>il valore contabile dell'attivit\u00e0)<span class=\"_ _0\"></span> \u00e8 inclusa nel conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span>I <span class=\"ff6 ls0\">Diritti di brevetto industriale e dir<span class=\"_ _0\"></span>itti di utilizza<span class=\"_ _0\"></span>zione delle opere dell<span class=\"_ _0\"></span>'ingegno sono ammor<span class=\"_ _0\"></span>tizzati con un\u2019aliquota an<span class=\"_ _0\"></span>nua d<span class=\"_ _0\"></span><span class=\"ff4\">el 20<span class=\"_ _0\"></span>%.</span></span><span class=\"ff6 ls0\"><span class=\"ff4\">   </span></span>1.4.11<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Strument<span class=\"_ _0\"></span>i finanziari <span class=\"_ _0\"></span><span class=\"ff19\">\u2013</span> Rilevazione e valutazio<span class=\"_ _0\"></span>ne<span class=\"_ _75\"> </span></span></span>Uno strumen<span class=\"_ _0\"></span>to finanziario <span class=\"_ _0\"></span>\u00e8 quals<span class=\"_ _0\"></span>iasi contratt<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>d\u00e0 origine <span class=\"_ _0\"></span>a un<span class=\"_ _0\"></span>\u2019attivit\u00e0 fina<span class=\"_ _0\"></span>nziaria per <span class=\"_ _0\"></span>un\u2019entit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ad una <span class=\"_ _0\"></span>passivit\u00e0 fin<span class=\"_ _3\"></span><span class=\"ff4\">anziaria <span class=\"_ _0\"></span>o ad<span class=\"_ _75\"> </span></span>uno strumento rappr<span class=\"_ _0\"></span>esentativo di capitale per un<span class=\"_ _0\"></span>\u2019altra entit\u00e0.<span class=\"_ _75\"> </span>i) Attivit\u00e0 finanziarie<span class=\"_ _0\"></span> Rilevazione iniziale e<span class=\"_ _0\"></span> valutazione<span class=\"_ _75\"> </span>Al <span class=\"_ _0\"></span>momento <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>rile<span class=\"_ _0\"></span>vazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>seconda<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>casi, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>successive<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>modalit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>misurazione, cio\u00e8 al<span class=\"_ _0\"></span> costo ammor<span class=\"_ _0\"></span>tizzato, al <span class=\"ff3\">fair<span class=\"_ _0\"></span> value</span> rilevato<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico comples<span class=\"_ _0\"></span>sivo (di seguito an<span class=\"_ _0\"></span>che OCI) e al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _75\"> </span></span>rilevato nel conto economico. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>natura <span class=\"_ _3\"></span>dello <span class=\"_ _0\"></span>strumen<span class=\"_ _0\"></span>to, <span class=\"_ _3\"></span>dipende <span class=\"_ _0\"></span>dalle<span class=\"_ _75\"> </span>caratteristiche <span class=\"_ _0\"></span>dei flussi di <span class=\"_ _0\"></span>cassa con<span class=\"_ _0\"></span>trattuali delle <span class=\"_ _0\"></span>attivit\u00e0 finanziar<span class=\"_ _0\"></span>ie e <span class=\"_ _0\"></span>dal modello <span class=\"_ _3\"></span>di bu<span class=\"_ _0\"></span>siness che <span class=\"_ _0\"></span>il Gruppo <span class=\"_ _0\"></span>usa per la <span class=\"_ _0\"></span>loro gestione.<span class=\"_ _75\"> </span>Ad <span class=\"_ _0\"></span>eccezione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commer<span class=\"_ _0\"></span>ciali<span class=\"ls4\">, <span class=\"_ _3\"></span></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un'attivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>value</span> <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>eventuali <span class=\"_ _3\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>transazione. I crediti comm<span class=\"_ _0\"></span>erciali sono valutati al pr<span class=\"_ _0\"></span>ezzo dell\u2019operazione d<span class=\"_ _0\"></span>eterminato seco<span class=\"_ _0\"></span><span class=\"ff4\">nd<span class=\"_ _0\"></span>o l'IFRS 15. </span>Affinch\u00e9 un'attivit\u00e0 finanziaria pos<span class=\"_ _0\"></span>sa essere classificata e <span class=\"_ _0\"></span>valutata a<span class=\"_ _0\"></span>l costo ammortizzato o al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> r<span class=\"_ _0\"></span>ilevato in OCI, deve generare<span class=\"_ _75\"> </span>flussi <span class=\"_ _8\"></span>finanziari <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>dipendono <span class=\"_ _8\"></span>solam<span class=\"_ _0\"></span>ente <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>capitale <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>gli <span class=\"_ _8\"></span>interessi <span class=\"_ _8\"></span>sull\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _8\"></span>del capitale <span class=\"_ _8\"></span>da <span class=\"_ _8\"></span>restituire<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>(cosiddetto \u2018<span class=\"ff3\">solely <span class=\"_ _2\"></span>payments<span class=\"_ _75\"> </span></span>of principal and interest<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"ff6\">(SPPI)\u2019). Questa <span class=\"_ _0\"></span>valutazione \u00e8 indicata <span class=\"_ _0\"></span>come test SPPI e viene ese<span class=\"_ _0\"></span>guita a li<span class=\"_ _0\"></span>vello di strumento.<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>soddisfano <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>equisiti <span class=\"_ _0\"></span>sopr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>indicati <span class=\"_ _3\"></span>(e.g. <span class=\"_ _3\"></span>SPPI) <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificati <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>misurati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _3\"></span>value<span class=\"_ _75\"> </span></span>rilevato a conto economico<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Il <span class=\"_ _2\"></span>modello <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>business del <span class=\"_ _2\"></span>Gruppo per <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>delle attivit\u00e0 <span class=\"_ _8\"></span>finanz<span class=\"_ _0\"></span>iarie si <span class=\"_ _8\"></span>riferisce al <span class=\"_ _8\"></span>mod<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>in cui <span class=\"_ _8\"></span>gestisce le <span class=\"_ _8\"></span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _2\"></span>attivit\u00e0 finanziarie<span class=\"_ _75\"> </span>al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>generare <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>ri. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aziendale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>determin<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _3\"></span>deriverann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>accolta <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fl<span class=\"_ _3\"></span>ussi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziari<span class=\"_ _75\"> </span>co<span class=\"ls0\">ntrattuali, dalla vendita de<span class=\"_ _0\"></span>lle attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie o da entrambi.<span class=\"_ _75\"> </span></span>Valutazione successiva<span class=\"_ _75\"> </span>Ai fini della valutazione su<span class=\"_ _0\"></span>ccessiva, <span class=\"_ _0\"></span>le attivit\u00e0 finanziarie sono <span class=\"_ _0\"></span>classificate in quattro ca<span class=\"_ _0\"></span>tegorie:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al costo ammor<span class=\"_ _0\"></span>tizzato (strumen<span class=\"_ _0\"></span>ti di debito);<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _9\"> </span>finanziarie <span class=\"_ _9\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _9\"> </span>value</span> <span class=\"_ _9\"> </span>rilevato <span class=\"_ _9\"> </span>nel <span class=\"_ _9\"> </span>conto <span class=\"_ _9\"> </span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _9\"> </span>complessivo <span class=\"_ _9\"> </span>con <span class=\"_ _9\"> </span>riclassifica <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _9\"> </span>utili <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>perdite <span class=\"_ _9\"> </span>cumulate<span class=\"_ _75\"> </span></span></span>(strumenti di debito)<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _5\"></span>finanziarie <span class=\"_ _5\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _5\"> </span>value<span class=\"_ _0\"></span></span> <span class=\"_ _5\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _9\"> </span>senza <span class=\"_ _5\"></span>rigiro <span class=\"_ _9\"> </span>degli <span class=\"_ _5\"></span>utili <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>pe<span class=\"_ _0\"></span>rdite <span class=\"_ _5\"></span>cumulate <span class=\"_ _9\"> </span>nel<span class=\"_ _75\"> </span></span></span>momento dell\u2019eliminazione (str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi di capitale);<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al <span class=\"ff3\">fair value<span class=\"_ _0\"></span></span> rilevato a conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span></span></span>Attivit\u00e0 finanziarie al costo amm<span class=\"_ _0\"></span>ortizzato (str<span class=\"_ _0\"></span>umenti di debito)<span class=\"_ _75\"> </span>Il Gruppo valuta le attivit\u00e0 fin<span class=\"_ _0\"></span>anziar<span class=\"_ _0\"></span>ie al costo ammortizzato se ent<span class=\"_ _0\"></span>rambi i seguenti r<span class=\"_ _0\"></span>equisiti sono soddisfatti:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l'attivit\u00e0 <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _5\"></span>possedu<span class=\"_ _0\"></span>ta <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>quad<span class=\"_ _0\"></span>ro <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>modello <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>busine<span class=\"_ _0\"></span>ss <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>cui <span class=\"_ _5\"></span>obiettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>po<span class=\"_ _0\"></span>ssesso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finanziari<span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span></span></span>finalizzato alla raccolta d<span class=\"_ _0\"></span>ei flussi finan<span class=\"_ _0\"></span>ziari contrattuali<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti <span class=\"_ _9\"> </span>del <span class=\"_ _5\"></span>capitale <span class=\"_ _5\"></span>e <span class=\"_ _9\"> </span>dell'interesse <span class=\"_ _9\"> </span>sull'importo <span class=\"_ _5\"></span>del <span class=\"_ _9\"> </span>capitale <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>restituire<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>meglio <span class=\"_ _5\"></span>conosciuto<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>SPPI <span class=\"_ _9\"> </span>test <span class=\"_ _5\"></span>(solely<span class=\"_ _75\"> </span>payments of principal and<span class=\"_ _0\"></span> interest).<span class=\"_ _75\"> </span>Le <span class=\"_ _8\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _8\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _8\"></span>am<span class=\"_ _0\"></span>mortizzato sono <span class=\"_ _8\"></span>successivam<span class=\"_ _0\"></span>ente <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>utilizzando il <span class=\"_ _8\"></span>criterio <span class=\"_ _2\"></span>dell\u2019interesse effettivo <span class=\"_ _2\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>sono soggette<span class=\"_ _75\"> </span></span>ad <span class=\"ff3 ls0\">impairment<span class=\"ff4\">. Gli utili e le per<span class=\"_ _0\"></span>dite sono r<span class=\"_ _0\"></span>ilevati <span class=\"ff6\">a conto economico<span class=\"_ _0\"></span> quando l\u2019attivit\u00e0 \u00e8 eliminat<span class=\"_ _0\"></span>a, modificata o r<span class=\"_ _0\"></span>ivalutata.<span class=\"_ _75\"> </span></span></span></span>Attivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato in OCI <span class=\"_ _0\"></span>(strumenti di debito)<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>valuta <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _5\"></span>strumenti <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>debito <span class=\"_ _4\"></span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _5\"></span>rilevato <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _5\"></span>se <span class=\"_ _4\"></span>en<span class=\"_ _0\"></span>trambe <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>seguenti<span class=\"_ _75\"> </span>condizioni sono soddisfatte<span class=\"_ _0\"></span>:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l'attivit\u00e0 finanziaria \u00e8 po<span class=\"_ _0\"></span>sseduta nel q<span class=\"_ _0\"></span>uadro di un mode<span class=\"_ _0\"></span>llo di busine<span class=\"_ _0\"></span>ss il cui obietti<span class=\"_ _0\"></span>vo \u00e8 conse<span class=\"_ _0\"></span>guito sia<span class=\"_ _0\"></span> mediante l\u2019incasso <span class=\"_ _3\"></span><span class=\"ff4\">dei<span class=\"_ _75\"> </span></span></span></span>flussi finanziari contrattual<span class=\"_ _0\"></span>i che mediant<span class=\"_ _0\"></span>e la vendita delle attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti del capitale ed inter<span class=\"_ _0\"></span>essi determinat<span class=\"_ _0\"></span>i sull'importo del cap<span class=\"_ _0\"></span>itale da restituire.<span class=\"_ _75\"> </span>Per <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>bito <span class=\"_ _3\"></span>valuta<span class=\"_ _0\"></span>ti <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>OCI, <span class=\"_ _4\"></span>gli <span class=\"_ _4\"></span>interessi <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivi, <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>differenze <span class=\"_ _4\"></span>cambio <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span>perdite <span class=\"_ _8\"></span>di valore, <span class=\"_ _8\"></span>insieme <span class=\"_ _8\"></span>alle riprese, <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _8\"></span>a <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>sono calcolati <span class=\"_ _8\"></span>allo <span class=\"_ _8\"></span>stesso <span class=\"_ _2\"></span>modo delle <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _8\"></span>fin<span class=\"_ _0\"></span>anziarie valutate<span class=\"_ _75\"> </span>al <span class=\"_ _8\"></span>costo <span class=\"_ _8\"></span>ammor<span class=\"_ _0\"></span>tizzato. <span class=\"_ _8\"></span>Le <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>imane<span class=\"_ _0\"></span>nti <span class=\"_ _8\"></span>variazioni <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span><span class=\"ff3\">fair <span class=\"_ _8\"></span>va<span class=\"_ _0\"></span>lue<span class=\"ff4\"> <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>rilevate <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>OCI. <span class=\"_ _8\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>momento <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>'eliminazione, <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>variazione <span class=\"_ _2\"></span>cumulativa<span class=\"_ _75\"> </span></span></span>del <span class=\"ff3\">fair value</span> rilevata in O<span class=\"_ _0\"></span>CI viene r<span class=\"_ _0\"></span>iclassificata nel conto econo<span class=\"_ _0\"></span>mico.<span class=\"_ _75\"> </span>Le attivit\u00e0<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di de<span class=\"_ _0\"></span>bito <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span><span class=\"ls7\">la</span> So<span class=\"_ _0\"></span>ciet\u00e0 va<span class=\"_ _0\"></span>lutati a<span class=\"_ _0\"></span>l <span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> r<span class=\"_ _0\"></span>ilevato in <span class=\"_ _0\"></span>OCI <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>debito<span class=\"_ _75\"> </span>quotati inclusi nelle altre a<span class=\"_ _0\"></span>ttivit\u00e0 finanziarie non<span class=\"_ _0\"></span> correnti.<span class=\"_ _75\"> </span>Investimenti in strumenti r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>ivi di capitale<span class=\"_ _75\"> </span>All'atto de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>pu\u00f2 <span class=\"_ _0\"></span>irrevocabilmente <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>egliere <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>classificare <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i inve<span class=\"_ _0\"></span>stimenti <span class=\"_ _0\"></span>azionari <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>strum<span class=\"_ _0\"></span>enti<span class=\"_ _75\"> </span>rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>rilevati al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>in OCI <span class=\"_ _0\"></span>quando soddisfano <span class=\"_ _0\"></span>la definizione <span class=\"_ _0\"></span>di strum<span class=\"_ _0\"></span>enti rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>ai sensi<span class=\"_ _75\"> </span>dello IAS 32 <span class=\"_ _0\"></span>\u201cStrumenti <span class=\"_ _0\"></span>finanziari:<span class=\"_ _0\"></span> Presentazione\u201d <span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>n sono <span class=\"_ _0\"></span>detenuti per<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>negoziazione. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _0\"></span>\u00e8 deter<span class=\"_ _0\"></span>minata <span class=\"_ _3\"></span><span class=\"ff4\">per<span class=\"_ _0\"></span> ogni<span class=\"_ _75\"> </span></span>singolo strumento.<span class=\"_ _75\"> </span>Gli utili<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>consegu<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tali <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _0\"></span>mai <span class=\"_ _0\"></span>rigirati <span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. <span class=\"_ _0\"></span>I <span class=\"_ _0\"></span>dividendi <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>come<span class=\"_ _75\"> </span>altri ricavi <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>conto e<span class=\"_ _0\"></span>conomico q<span class=\"_ _0\"></span>uando <span class=\"_ _0\"></span>il diritto<span class=\"_ _0\"></span> al <span class=\"_ _0\"></span>pagamento <span class=\"_ _0\"></span>\u00e8 st<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>deliberato<span class=\"_ _0\"></span><span class=\"ls4\">. <span class=\"_ _0\"></span></span>Gli str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>capitale <span class=\"_ _0\"></span>iscritti <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _75\"> </span></span>value<span class=\"ff4\"> rilevato in OCI non <span class=\"_ _0\"></span>sono soggett<span class=\"_ _0\"></span>i a </span>impairmen<span class=\"_ _0\"></span>t<span class=\"ff4\"> test.<span class=\"_ _75\"> </span></span>Cancellazione<span class=\"_ _75\"> </span>Un\u2019attivit\u00e0 finanziaria <span class=\"_ _0\"></span>(o, ove<span class=\"_ _0\"></span> applicabile, <span class=\"_ _0\"></span>parte di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanziaria o <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span><span class=\"ff4\">grup<span class=\"_ _0\"></span>po di attivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>simili) \u00e8 <span class=\"_ _0\"></span>cancellata in<span class=\"_ _75\"> </span></span>primo luogo (es. rimossa d<span class=\"_ _0\"></span>al prospetto della situazione patr<span class=\"_ _0\"></span>imoniale<span class=\"_ _0\"></span>-finanziar<span class=\"_ _0\"></span>ia del Gruppo)<span class=\"_ _0\"></span> quando:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i diritti a ricevere flussi finanziar<span class=\"_ _0\"></span>i dall\u2019attivit\u00e0 sono e<span class=\"_ _0\"></span>stinti, o<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il Gruppo <span class=\"ff6\">ha trasferito ad una<span class=\"_ _0\"></span> terza parte il diritto a ricevere flussi finan<span class=\"_ _0\"></span>ziari dall\u2019attivit\u00e0 o ha assunto l<span class=\"_ _0\"></span>\u2019obbligo contrattuale di<span class=\"_ _75\"> </span></span></span></span>corrisponderli interamente e senza ritardi e (a) ha <span class=\"_ _2\"></span>trasferito sostanzialmente tutti i <span class=\"_ _2\"></span>rischi e benefici della propriet\u00e0 dell<span class=\"_ _0\"></span><span class=\"ff6\">\u2019att</span>ivit\u00e0<span class=\"_ _75\"> </span>finanziaria, <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(b) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasferito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0, <span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfe<span class=\"_ _3\"></span><span class=\"ff4\">rito <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span></span>controllo della stessa.<span class=\"_ _75\"> </span>Nei <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>cui <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ff6\">abbia <span class=\"_ _4\"></span>trasferito <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>abbia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>siglato <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>accordo <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>base <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>quale<span class=\"_ _75\"> </span></span>mantiene <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _4\"></span>dell\u2019attivit\u00e0 <span class=\"_ _4\"></span>finanziaria, <span class=\"_ _4\"></span>ma <span class=\"_ _4\"></span>assume <span class=\"_ _4\"></span>un\u2019obbligazione <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>attu<span class=\"_ _0\"></span><span class=\"ff4\">ale <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>pagare <span class=\"_ _4\"></span>i<span class=\"_ _75\"> </span></span>flussi <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>uno <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>beneficiar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span><span class=\"ff3\">pass-thr<span class=\"_ _0\"></span>ough</span>), <span class=\"_ _3\"></span>esso <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>misur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benefici <span class=\"_ _4\"></span>inerent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al<span class=\"_ _75\"> </span>possesso. <span class=\"_ _3\"></span>Nel <span class=\"_ _0\"></span>caso <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>n\u00e9 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>tratt<span class=\"_ _0\"></span>enuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>tut<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>chi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>abbia <span class=\"_ _3\"></span>perso <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollo<span class=\"_ _75\"> </span>sulla <span class=\"_ _8\"></span>stessa, <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>tinua <span class=\"_ _8\"></span>ad essere <span class=\"_ _8\"></span>rilevata <span class=\"_ _8\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>bilancio <span class=\"ff4\">del <span class=\"_ _8\"></span>Gruppo <span class=\"_ _8\"></span><span class=\"ff6\">nella <span class=\"_ _2\"></span>misura <span class=\"_ _2\"></span>del <span class=\"_ _8\"></span>suo coinvolgimento <span class=\"_ _8\"></span>residuo <span class=\"_ _2\"></span>nell\u2019att<span class=\"ff4\">ivit\u00e0 <span class=\"_ _2\"></span>stessa.<span class=\"_ _75\"> </span></span></span></span>In <span class=\"_ _0\"></span>questo <span class=\"_ _0\"></span>caso, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span><span class=\"ff6\">riconosce <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata. <span class=\"_ _0\"></span>L\u2019attivit\u00e0 <span class=\"_ _0\"></span>trasferita <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>valutate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>modo<span class=\"_ _75\"> </span></span>da riflettere i diritti e le obbligazio<span class=\"_ _0\"></span>ni che rimangon<span class=\"_ _0\"></span>o di pertinenza <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _75\"> </span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>coinvolgimen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esiduo <span class=\"_ _3\"></span>dell\u2019entit\u00e0 <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>garan<span class=\"_ _0\"></span>zia <span class=\"_ _0\"></span>sull\u2019attivit\u00e0 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>coinvolgimento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>misurato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>inore<span class=\"_ _75\"> </span></span>tra l\u2019importo dell\u2019attivit\u00e0 e l\u2019<span class=\"_ _0\"></span>importo massimo del cor<span class=\"_ _0\"></span>rispettivo ricevuto che<span class=\"_ _0\"></span> l\u2019entit\u00e0 potrebbe dover<span class=\"_ _0\"></span> ripagare.<span class=\"_ _75\"> </span>Il Gruppo<span class=\"_ _0\"></span> alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>presente b<span class=\"_ _0\"></span>ilancio <span class=\"_ _0\"></span>detiene<span class=\"_ _0\"></span> un <span class=\"_ _0\"></span>portafoglio<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>investimen<span class=\"_ _0\"></span>to che<span class=\"_ _0\"></span> include<span class=\"_ _0\"></span> strumenti <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i e <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0., <span class=\"_ _0\"></span>conferiti<span class=\"_ _75\"> </span>e gestiti per mezzo di un primario Istituto di Credito<span class=\"ls4\">, </span>valorizzati<span class=\"_ _0\"></span> al fair value tramite conto economico. Per maggiori dettag<span class=\"_ _0\"></span>li sii rimanda<span class=\"_ _75\"> </span>al paragrafo <span class=\"ls3\">3.</span>1<span class=\"_ _0\"></span><span class=\"ls3\">2 <span class=\"ff6 ls5\">\u201cA</span></span>ttivit\u00e0 finanziare correnti<span class=\"_ _0\"></span><span class=\"ff6\">\u201d</span>.<span class=\"_ _75\"> </span>ii) Passivit\u00e0 finanziarie<span class=\"_ _75\"> </span>Rilevazione e valutazione ini<span class=\"_ _0\"></span>ziale Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie sono <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificate, al <span class=\"_ _0\"></span>momento <span class=\"_ _0\"></span>della rilevazi<span class=\"_ _0\"></span>one iniziale, <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>rilevato <span class=\"_ _0\"></span>a conto<span class=\"_ _75\"> </span>economico, tra i mutui e finan<span class=\"_ _0\"></span>ziamenti, o tra i d<span class=\"_ _0\"></span>erivati designati com<span class=\"_ _0\"></span>e strumenti di copertur<span class=\"_ _0\"></span>a.  Tutte le <span class=\"_ _0\"></span>passivit\u00e0 finan<span class=\"_ _0\"></span>ziarie son<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ilevate inizialmente <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>si aggiungo<span class=\"_ _0\"></span>no, nel<span class=\"_ _0\"></span> caso <span class=\"_ _0\"></span>di mu<span class=\"_ _0\"></span>tui, finanziamen<span class=\"_ _0\"></span>ti e de<span class=\"_ _0\"></span>biti, <span class=\"_ _0\"></span>i costi<span class=\"_ _75\"> </span>di transazione ad essi direttam<span class=\"_ _0\"></span>ente attr<span class=\"_ _0\"></span>ibuibili.<span class=\"_ _75\"> </span>Le passivit\u00e0 finanziarie <span class=\"_ _0\"></span>del Grupp<span class=\"_ _0\"></span>o comprendono<span class=\"_ _0\"></span> mutui e finanziam<span class=\"_ _0\"></span>enti, e strum<span class=\"_ _0\"></span>enti finanziari deriv<span class=\"_ _0\"></span>ati.<span class=\"_ _75\"> </span>Valutazione successiva<span class=\"_ _75\"> </span>La valutazione delle pas<span class=\"_ _0\"></span>sivit\u00e0 finanziarie dipen<span class=\"_ _0\"></span>de dalla lor<span class=\"_ _0\"></span>o classificazione<span class=\"_ _0\"></span>, come di seguito descritto:<span class=\"_ _75\"> </span>Passivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato a <span class=\"_ _0\"></span>conto economico<span class=\"_ _75\"> </span>Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con variazioni <span class=\"_ _0\"></span>rilevate a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _0\"></span>detenute <span class=\"_ _0\"></span>per la <span class=\"_ _0\"></span>negoziazione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>passivit\u00e0 finanziarie r<span class=\"_ _0\"></span>ilevate inizialmente al <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> con var<span class=\"_ _0\"></span>iazioni r<span class=\"_ _0\"></span>ilevate a conto economico. Le passivit\u00e0 detenute<span class=\"_ _0\"></span> per la nego<span class=\"_ _0\"></span>ziazione sono tutte<span class=\"_ _0\"></span> quelle assunt<span class=\"_ _0\"></span>e con l\u2019intento d<span class=\"_ _0\"></span>i estinguerle o tr<span class=\"_ _0\"></span>asferirle nel breve ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span><span class=\"ff4\">ine. Questa<span class=\"_ _75\"> </span></span>categoria include inoltre gli <span class=\"_ _2\"></span>strumenti finanziari derivati sottoscritti dal<span class=\"_ _0\"></span><span class=\"ls7\">la</span> Societ\u00e0 che <span class=\"_ _2\"></span>non sono designati come strumenti di copertura in<span class=\"_ _75\"> </span>una <span class=\"_ _9\"> </span>relazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _9\"> </span>definita <span class=\"_ _9\"> </span>dallo <span class=\"_ _9\"> </span>IFRS <span class=\"_ _9\"> </span>9. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>derivati <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>ncorporati, <span class=\"_ _9\"> </span>scorporati <span class=\"_ _9\"> </span>dal <span class=\"_ _9\"> </span>contratto <span class=\"_ _9\"> </span>principale, <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>classific<span class=\"_ _3\"></span>ati <span class=\"_ _9\"> </span>come<span class=\"_ _75\"> </span>strumenti finanziari deten<span class=\"_ _0\"></span>uti per la negoziazion<span class=\"_ _0\"></span>e salvo che non sia<span class=\"_ _3\"></span>no designati come strum<span class=\"_ _0\"></span>enti di co<span class=\"_ _0\"></span>pertura efficaci.<span class=\"_ _75\"> </span>Gli utili o le perdite sulle pa<span class=\"_ _0\"></span>ssivit\u00e0 deten<span class=\"_ _0\"></span>ute per la negoziazione so<span class=\"_ _0\"></span>no rilevati nel prosp<span class=\"_ _0\"></span>etto dell\u2019utile/(per<span class=\"_ _0\"></span>dita) d\u2019eserci<span class=\"_ _0\"></span><span class=\"ff4\">zio.<span class=\"_ _75\"> </span></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>designate <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>variazioni <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>iscrizione, <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>criteri dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>sono soddisfatti<span class=\"_ _0\"></span>. Al m<span class=\"_ _0\"></span>oment<span class=\"_ _0\"></span><span class=\"ff4\">o della <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>il Gr<span class=\"_ _0\"></span>uppo non <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>designato <span class=\"_ _0\"></span>passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>con variazioni rilevate a conto e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ico.<span class=\"_ _75\"> </span>Finanziamenti e crediti<span class=\"_ _75\"> </span>Dopo la rilevazione iniz<span class=\"_ _0\"></span>iale, i fina<span class=\"_ _0\"></span>nziamenti sono va<span class=\"_ _0\"></span>lutati con il crite<span class=\"_ _0\"></span>rio del costo amm<span class=\"_ _0\"></span>ortizzato usand<span class=\"_ _0\"></span>o il metodo de<span class=\"_ _0\"></span>l tasso<span class=\"_ _3\"></span> di interesse<span class=\"_ _75\"> </span>effettivo. Gli<span class=\"_ _0\"></span> utili <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le per<span class=\"_ _0\"></span>dite son<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tabilizzati ne<span class=\"_ _0\"></span>l conto<span class=\"_ _0\"></span> econo<span class=\"_ _0\"></span>mico <span class=\"_ _0\"></span>quando la<span class=\"_ _0\"></span> passi<span class=\"_ _0\"></span>vit\u00e0 \u00e8<span class=\"_ _0\"></span> estinta, <span class=\"_ _0\"></span>oltre <span class=\"_ _0\"></span>che at<span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>averso <span class=\"_ _0\"></span>il proces<span class=\"_ _0\"></span>so di<span class=\"_ _75\"> </span>ammortamento.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>mortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevando <span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>sconto <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>emio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ull\u2019acquisizione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>onorari <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>costi <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fanno <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rte <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span><span class=\"ff4\">eg<span class=\"_ _0\"></span>rante <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span></span>tasso <span class=\"_ _6\"> </span>di  interesse <span class=\"_ _6\"> </span>effettivo. <span class=\"_ _6\"> </span>L\u2019am<span class=\"_ _0\"></span>mortamento <span class=\"_ _6\"> </span>al <span class=\"_ _6\"> </span>tasso  di <span class=\"_ _6\"> </span>interesse <span class=\"_ _6\"> </span>effettivo <span class=\"_ _6\"> </span>\u00e8 <span class=\"_ _6\"> </span>compreso <span class=\"_ _6\"> </span>tra <span class=\"_ _6\"> </span>gli  oneri <span class=\"_ _6\"> </span>finanziari <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>pr<span class=\"_ _3\"></span><span class=\"ff4\">ospetto<span class=\"_ _75\"> </span></span>dell\u2019util<span class=\"ff4 ls3\">e/<span class=\"ls0\">(perdita).<span class=\"_ _75\"> </span></span></span>Cancellazione<span class=\"_ _75\"> </span>Una <span class=\"_ _9\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _9\"> </span>viene<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>cancellata <span class=\"_ _9\"> </span>quando<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019obbliga<span class=\"_ _0\"></span>zione <span class=\"_ _7\"> </span>sottostante <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _7\"> </span>estinta, <span class=\"_ _7\"> </span>annullata <span class=\"_ _9\"> </span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _7\"> </span>adempiu<span class=\"_ _0\"></span><span class=\"ff4 ls4\">ta.<span class=\"_ _75\"> </span></span>Laddove <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziaria <span class=\"_ _0\"></span>esistente <span class=\"_ _0\"></span>fosse<span class=\"_ _0\"></span> sostitu<span class=\"_ _0\"></span>ita da<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>\u2019altra <span class=\"_ _0\"></span>dello <span class=\"_ _0\"></span>stesso <span class=\"_ _0\"></span>prestator<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condizioni <span class=\"_ _0\"></span>sostanzialment<span class=\"_ _3\"></span><span class=\"ff4 ls3\">e <span class=\"ls0\">di<span class=\"_ _0\"></span>verse,<span class=\"_ _75\"> </span></span></span>oppure le condizioni di una passivit\u00e0 esistente <span class=\"_ _2\"></span>venissero sostanzia<span class=\"_ _0\"></span>lmente modificate, tale scambio o modifica viene trattato <span class=\"_ _0\"></span>come una<span class=\"_ _75\"> </span>cancellazione <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>originale, <span class=\"_ _0\"></span>accompagnata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>isc<span class=\"_ _3\"></span>rizione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>prospetto<span class=\"_ _75\"> </span>dell\u2019utile/(perdita) d\u2019esercizio di e<span class=\"_ _0\"></span>ventuali differenze t<span class=\"_ _0\"></span>ra i valori contab<span class=\"_ _0\"></span>ili.<span class=\"_ _75\"> </span>1.4.12<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rimanenze<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _2\"></span>rimanenze sono <span class=\"_ _8\"></span>valutate al <span class=\"_ _8\"></span>minore fra <span class=\"_ _8\"></span>il costo <span class=\"_ _8\"></span>e il <span class=\"_ _8\"></span>valore di <span class=\"_ _8\"></span>presumibile netto <span class=\"_ _8\"></span>realizzo.<span class=\"_ _0\"></span> <span class=\"ls4\">Il</span> <span class=\"_ _8\"></span>criterio di <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>izzazione <span class=\"_ _2\"></span>adottato \u00e8 <span class=\"_ _8\"></span>il metodo<span class=\"_ _75\"> </span>del<span class=\"ls0\"> costo medio ponderato<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span>I costi sostenuti per portar<span class=\"_ _0\"></span>e ciascun bene ne<span class=\"_ _0\"></span>l luogo e nelle condizi<span class=\"_ _0\"></span>oni attuali sono rilevati com<span class=\"_ _0\"></span>e seg<span class=\"_ _0\"></span>ue:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Materie <span class=\"_ _2\"></span>prime: costo <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>acquisto calcolato <span class=\"_ _8\"></span>con il <span class=\"_ _8\"></span>metodo del <span class=\"_ _8\"></span>costo medio <span class=\"_ _2\"></span>ponderato<span class=\"_ _0\"></span><span class=\"ff6\">, eventualmente <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ettificato <span class=\"_ _2\"></span>qualora l\u2019ultimo<span class=\"_ _75\"> </span></span></span></span>prezzo di acquisto sia inferiore a<span class=\"_ _0\"></span>l valore di mer<span class=\"_ _0\"></span>cato della materia prima ste<span class=\"_ _0\"></span>ssa.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Prodotti finiti <span class=\"_ _2\"></span>e semilavorati: costo dirett<span class=\"_ _0\"></span>o dei materiali e <span class=\"_ _2\"></span>del lavoro pi\u00f9 una quota delle spese <span class=\"_ _2\"></span>generali di produzione, definita<span class=\"_ _75\"> </span></span></span>in base alla normale capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva, escludendo<span class=\"_ _0\"></span> gli oneri finan<span class=\"_ _0\"></span>ziari, attraverso u<span class=\"_ _0\"></span>na distinta base;<span class=\"_ _75\"> </span>Il valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>presumibile <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>realizzo \u00e8 <span class=\"_ _0\"></span>costitu<span class=\"_ _0\"></span>ito da<span class=\"_ _0\"></span>l no<span class=\"_ _0\"></span>rmale <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vendita <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>normale <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0, <span class=\"_ _4\"></span>dedotti i <span class=\"_ _0\"></span>costi<span class=\"_ _75\"> </span>stimati di completamento e i co<span class=\"_ _0\"></span>sti st<span class=\"_ _0\"></span>imati per realizzare la ven<span class=\"_ _0\"></span>dita.<span class=\"_ _75\"> </span>1.4.13<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Perdita di v<span class=\"_ _0\"></span>alore di attivit\u00e0 non<span class=\"_ _0\"></span> finanziarie<span class=\"_ _75\"> </span></span></span>Ad ogni <span class=\"_ _0\"></span>chiusura<span class=\"_ _0\"></span> di bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"ff6\">valuta <span class=\"_ _0\"></span>l\u2019eventuale<span class=\"_ _0\"></span> esistenza<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di indicator<span class=\"_ _0\"></span>i di <span class=\"_ _0\"></span>perdita<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>In ta<span class=\"_ _0\"></span>l ca<span class=\"_ _0\"></span>so, o<span class=\"_ _0\"></span> nei <span class=\"_ _0\"></span>casi<span class=\"_ _75\"> </span></span>in cui \u00e8 <span class=\"_ _2\"></span>richiesta una verifica annuale <span class=\"_ _2\"></span>sulla perdita di valore, il Grup<span class=\"_ _2\"></span>po <span class=\"ls3\">effettua una <span class=\"_ _2\"></span>stima del<span class=\"_ _2\"></span> valore r<span class=\"_ _2\"></span>ecuperabile. Il <span class=\"_ _2\"></span>valore recuperabile<span class=\"_ _75\"> </span></span>\u00e8 il <span class=\"_ _8\"></span>maggior<span class=\"_ _0\"></span>e fra <span class=\"_ _2\"></span>il <span class=\"ff3\">fair <span class=\"_ _2\"></span>value<span class=\"ff4\"> <span class=\"ff6\">dell\u2019attivit\u00e0 o <span class=\"_ _2\"></span>unit\u00e0 generatrice di <span class=\"_ _2\"></span>flussi finanziari, al <span class=\"_ _8\"></span>netto<span class=\"_ _0\"></span> dei <span class=\"_ _2\"></span>costi di <span class=\"_ _2\"></span>vendita, e il <span class=\"_ _8\"></span>suo<span class=\"_ _0\"></span> valore <span class=\"_ _2\"></span>d\u2019uso. Il <span class=\"_ _2\"></span>valore<span class=\"_ _75\"> </span></span></span></span>recuperabile <span class=\"_ _9\"> </span>viene <span class=\"_ _5\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>per <span class=\"_ _5\"></span>singola <span class=\"_ _9\"> </span>attivit\u00e0, <span class=\"_ _5\"></span>tran<span class=\"_ _0\"></span>ne <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>tale <span class=\"_ _9\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _9\"> </span>generi <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _9\"> </span>finanziari <span class=\"_ _5\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono <span class=\"_ _9\"> </span>ampiamente<span class=\"_ _75\"> </span>indipendenti <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>quelli <span class=\"_ _9\"> </span>generati <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>altre <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>grup<span class=\"_ _0\"></span>pi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>attivit\u00e0. <span class=\"_ _9\"> </span>Se <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>valore <span class=\"_ _9\"> </span>contab<span class=\"_ _0\"></span>ile <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un\u2019attivit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>super<span class=\"_ _0\"></span>iore <span class=\"_ _9\"> </span>al  <span class=\"ff4\">suo <span class=\"_ _9\"> </span>valore<span class=\"_ _75\"> </span></span>recuperabile, tale attivit\u00e0 ha subit<span class=\"_ _0\"></span>o una perdita<span class=\"_ _0\"></span> di valore ed \u00e8 <span class=\"_ _0\"></span>conseg<span class=\"_ _0\"></span>uentemente svalutata fino a <span class=\"_ _0\"></span>riportar<span class=\"_ _0\"></span>la al valore recuperabile. Nel <span class=\"_ _8\"></span><span class=\"ff6\">deter<span class=\"_ _0\"></span>minare <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>d\u2019uso, <span class=\"ff4\">il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>scont<span class=\"_ _0\"></span>a <span class=\"_ _8\"></span>al <span class=\"_ _2\"></span>valore attuale <span class=\"_ _8\"></span>i <span class=\"_ _8\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _2\"></span>stimati <span class=\"_ _8\"></span>futur<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>sando <span class=\"_ _2\"></span>un <span class=\"_ _2\"></span>tasso <span class=\"_ _8\"></span>di sconto <span class=\"_ _8\"></span>ante<span class=\"_ _0\"></span>-imposte,<span class=\"_ _75\"> </span></span></span>che riflette le valutazioni <span class=\"_ _2\"></span>di mercato del valore attuale del denaro e <span class=\"_ _2\"></span>i rischi specifici <span class=\"_ _2\"></span>dell\u2019attivit\u00e0. Nel deter<span class=\"_ _0\"></span>minare il <span class=\"ff3\">fair value<span class=\"ff4\"> al netto dei<span class=\"_ _75\"> </span></span></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>tiene <span class=\"_ _3\"></span>conto <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>transazioni <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>centi <span class=\"_ _4\"></span>intervenute <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>mercato. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>basa <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _3\"></span>test <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span><span class=\"ff3\">impair<span class=\"_ _0\"></span>ment</span> <span class=\"_ _4\"></span>su <span class=\"_ _3\"></span>budget<span class=\"_ _75\"> </span>dettagliati e <span class=\"_ _0\"></span>calcoli previsionali, <span class=\"_ _0\"></span>pred<span class=\"_ _0\"></span>isposti separatam<span class=\"_ _0\"></span>ente sull\u2019unit<span class=\"_ _0\"></span>\u00e0 gener<span class=\"_ _0\"></span>atrice di <span class=\"_ _0\"></span>flussi di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span><span class=\"ff4\">del <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>cui sono <span class=\"_ _0\"></span>allocati att<span class=\"_ _0\"></span>ivit\u00e0<span class=\"_ _75\"> </span></span>individuali. Questi bud<span class=\"_ _0\"></span>get e calcol<span class=\"_ _0\"></span>i previsionali cop<span class=\"_ _0\"></span>rono generalmen<span class=\"_ _0\"></span>te un periodo<span class=\"_ _0\"></span> di quattro a<span class=\"_ _0\"></span>nni.  <span class=\"_ _0\"></span>Per proiettare i futuri f<span class=\"_ _4\"></span>lussi di cassa<span class=\"_ _75\"> </span>oltre il quinto anno viene calc<span class=\"_ _0\"></span>olato un t<span class=\"_ _0\"></span>asso di crescita a lungo ter<span class=\"_ _0\"></span>mine (<span class=\"_ _0\"></span><span class=\"ff3\">terminal va<span class=\"_ _0\"></span>lue</span><span class=\"ls5\">).<span class=\"_ _75\"> </span></span>Le <span class=\"_ _8\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>fun<span class=\"_ _0\"></span>zionamento <span class=\"_ _2\"></span>sono <span class=\"_ _8\"></span>rilevate nel <span class=\"_ _8\"></span>prospetto <span class=\"_ _8\"></span>dell\u2019utile/(<span class=\"_ _0\"></span>perdita) <span class=\"_ _2\"></span>d\u2019esercizio <span class=\"_ _2\"></span>nelle <span class=\"_ _8\"></span>catego<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>costo <span class=\"_ _2\"></span>coerenti<span class=\"_ _75\"> </span></span>con <span class=\"_ _7\"> </span>la <span class=\"_ _9\"> </span>destinaz<span class=\"_ _0\"></span>ione <span class=\"_ _7\"> </span>dell\u2019attivit\u00e0  che <span class=\"_ _9\"> </span>ha <span class=\"_ _7\"> </span>evidenziato <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>perdita <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>valore. <span class=\"_ _7\"> </span>Fanno <span class=\"_ _7\"> </span>eccezione <span class=\"_ _7\"> </span>le <span class=\"_ _7\"> </span>immobilizzazioni<span class=\"_ _0\"></span>  <span class=\"ff4\">precedentemente<span class=\"_ _75\"> </span></span>rivalutate, laddove la rivalutazione \u00e8 stata contabilizzata<span class=\"_ _0\"></span> tra le altre componenti di conto economico complessivo. In tali c<span class=\"_ _0\"></span>asi la perdita<span class=\"_ _75\"> </span>di valore <span class=\"_ _8\"></span>\u00e8 a sua <span class=\"_ _2\"></span>volta rilevata <span class=\"_ _8\"></span>tr<span class=\"_ _0\"></span>a le <span class=\"_ _8\"></span>altre componenti conto <span class=\"_ _2\"></span>economico complessivo <span class=\"_ _2\"></span>fino a <span class=\"_ _2\"></span>concorre<span class=\"_ _0\"></span>nza della precedente <span class=\"_ _2\"></span>rivalutazione.<span class=\"_ _75\"> </span>Per le attivit\u00e0 diverse dall\u2019avviamento,<span class=\"ff4\"> a ogni chiusura di bilancio, il Gruppo </span>valuta l\u2019eventuale esistenza<span class=\"_ _0\"></span> di indicatori del <span class=\"_ _2\"></span>venir meno (o<span class=\"_ _75\"> </span>della riduzione) di perdite di va<span class=\"_ _0\"></span>lore precede<span class=\"_ _0\"></span>ntemente rilevate e, qu<span class=\"_ _0\"></span>alora tali indicatori esistano,<span class=\"_ _0\"></span> stima il valore r<span class=\"_ _0\"></span>ecuperab<span class=\"_ _3\"></span><span class=\"ff6\">ile dell\u2019attivit<span class=\"_ _0\"></span>\u00e0<span class=\"_ _75\"> </span></span>o <span class=\"_ _8\"></span>della <span class=\"_ _2\"></span>CGU. <span class=\"_ _8\"></span>Il valore <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 precedentemen<span class=\"ff4\">te <span class=\"_ _2\"></span>svalutata <span class=\"_ _8\"></span>pu\u00f2 essere <span class=\"_ _8\"></span>ripristinato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>solo <span class=\"_ _2\"></span>se <span class=\"_ _8\"></span>vi sono <span class=\"_ _8\"></span>stati <span class=\"_ _2\"></span>cambiamenti <span class=\"_ _2\"></span>delle <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>zioni<span class=\"_ _75\"> </span></span>su <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>basava <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>calcolo <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>recuperabile <span class=\"_ _3\"></span>determinato, <span class=\"_ _4\"></span>successivi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>rilevazi<span class=\"_ _0\"></span><span class=\"ff6\">on<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019ultim<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>perdita <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>ripresa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span></span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>pu<span class=\"_ _0\"></span>\u00f2 <span class=\"_ _3\"></span>eccedere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>carico <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sareb<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>det<span class=\"_ _0\"></span>erminato, <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>netto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>ammorta<span class=\"_ _0\"></span>menti, <span class=\"_ _3\"></span>nell\u2019ipotesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>n<span class=\"_ _3\"></span><span class=\"ff4\">essuna<span class=\"_ _75\"> </span></span>perdita di valore fosse <span class=\"_ _2\"></span>stata rilevata in esercizi precedenti. Tale ripresa<span class=\"_ _0\"></span> <span class=\"ff6\">\u00e8 rilevata nel <span class=\"_ _2\"></span>prospetto dell\u2019utile/(perdita<span class=\"_ _0\"></span>) d\u2019esercizio salvo che<span class=\"_ _75\"> </span></span>l\u2019immobilizzazione non sia contab<span class=\"_ _0\"></span>ilizzata a valore r<span class=\"_ _0\"></span>ivalutato, nel qu<span class=\"_ _0\"></span>al caso la ripresa \u00e8 tr<span class=\"_ _0\"></span>attata come <span class=\"_ _0\"></span>un incremento da r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span><span class=\"ff4\">lutazione.<span class=\"_ _75\"> </span></span>1.4.14<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Disponibilit<span class=\"_ _0\"></span>\u00e0 liquide e depo<span class=\"_ _0\"></span>siti a breve termine<span class=\"_ _75\"> </span></span></span>Le disponibilit\u00e0 liquide e i depositi a <span class=\"_ _2\"></span>breve termine comprendono il denaro in cassa, sia in valuta nazionale che estera, i valori bollati e<span class=\"_ _75\"> </span>le giacenze monetarie risultan<span class=\"_ _0\"></span>ti dai conti intratten<span class=\"_ _0\"></span>uti dal Gr<span class=\"_ _0\"></span>uppo con e<span class=\"_ _0\"></span>nti creditizi. Sono tutt<span class=\"_ _0\"></span>i espressi al loro va<span class=\"_ _0\"></span>lore nominale.<span class=\"_ _75\"> </span>Ai <span class=\"_ _8\"></span>fini della <span class=\"_ _8\"></span>rappr<span class=\"_ _0\"></span>esentazione nel <span class=\"_ _8\"></span>rendicon<span class=\"_ _0\"></span>to <span class=\"_ _2\"></span>finanziario, <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>disponibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _2\"></span>liquide <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>mezzi equivalenti <span class=\"_ _8\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>rappresentati da<span class=\"_ _0\"></span>lle <span class=\"_ _2\"></span>disponibilit\u00e0<span class=\"_ _75\"> </span>liquide come definite sopra.<span class=\"_ _75\"> </span>1.4.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Azioni Propr<span class=\"_ _0\"></span>ie<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _7\"> </span>azioni <span class=\"_ _7\"> </span>proprie<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>riacquistate  sono  rilevate <span class=\"_ _9\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>costo  e <span class=\"_ _9\"> </span>po<span class=\"_ _0\"></span>rtate  in <span class=\"_ _9\"> </span>diminuzion<span class=\"_ _0\"></span>e  del <span class=\"_ _9\"> </span>patrimonio<span class=\"_ _0\"></span>  netto.<span class=\"_ _0\"></span>  <span class=\"ff6\">L\u2019acquisto, <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>vendita  o <span class=\"_ _7\"> </span>la<span class=\"_ _75\"> </span></span>cancellazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>azioni <span class=\"_ _2\"></span>proprie non <span class=\"_ _2\"></span>danno <span class=\"_ _2\"></span>origine a <span class=\"_ _8\"></span>nessun profitto <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>perdita nel <span class=\"_ _8\"></span>conto economico. <span class=\"_ _8\"></span> L<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>differenza tra <span class=\"_ _8\"></span>il valore di <span class=\"_ _8\"></span>acquisto<span class=\"_ _75\"> </span>e il corrispettivo, in caso d<span class=\"_ _0\"></span>i riemissione, \u00e8 r<span class=\"_ _0\"></span>ilevata nella riserva so<span class=\"_ _0\"></span>vraprezzo azioni.<span class=\"_ _75\"> </span>1.4.16<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Fondi r<span class=\"_ _0\"></span>ischi<span class=\"_ _75\"> </span></span></span>Gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>fondi <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rischi <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>oneri <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>effettuati <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span><span class=\"ff6\">deve <span class=\"_ _4\"></span>far <span class=\"_ _4\"></span>fronte <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>un\u2019obbligazione <span class=\"_ _4\"></span>attuale <span class=\"_ _4\"></span>(legale <span class=\"_ _4\"></span>o<span class=\"_ _75\"> </span></span>implicita) risultante da<span class=\"_ _0\"></span> un evento pa<span class=\"_ _0\"></span>ssato, \u00e8 probabile un e<span class=\"_ _0\"></span>sborso <span class=\"_ _0\"></span>di risorse per far fr<span class=\"_ _0\"></span>onte a tale obbl<span class=\"_ _0\"></span>igazione ed \u00e8 possibi<span class=\"_ _3\"></span>le effettuar<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>una <span class=\"_ _0\"></span>stima <span class=\"_ _3\"></span>affidabile <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>suo <span class=\"_ _0\"></span>ammontare. <span class=\"_ _3\"></span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ritiene <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>accantonamento <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>oneri <span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span>tutto <span class=\"_ _4\"></span>rimborsato, <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>esempio <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>caso <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>rischi <span class=\"_ _4\"></span>coperti <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>poliz<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>assicurative, <span class=\"_ _4\"></span>l\u2019indenni<span class=\"_ _0\"></span>zzo <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>rilevato <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>modo <span class=\"_ _4\"></span>distinto <span class=\"_ _4\"></span>e <span class=\"_ _9\"> </span><span class=\"ff4\">separato<span class=\"_ _75\"> </span></span>nell\u2019attivo se, e solo se, esso <span class=\"_ _2\"></span>risul<span class=\"_ _0\"></span>ta pratica<span class=\"ff4\">mente c</span>erto. In tal caso, il costo dell\u2019eventuale accantonam<span class=\"_ _0\"></span>ento \u00e8 presentato nel prospetto<span class=\"_ _75\"> </span>dell\u2019utile/(perdita) d\u2019esercizio al n<span class=\"_ _0\"></span>etto dell\u2019ammon<span class=\"_ _0\"></span>tare rilevato per l\u2019i<span class=\"_ _0\"></span>ndennizzo.<span class=\"_ _75\"> </span>Se <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>naro <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>tempo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>significativo, <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>attualizzati <span class=\"_ _4\"></span>utilizzando <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sc<span class=\"_ _0\"></span><span class=\"ff4\">onto <span class=\"_ _4\"></span>ante<span class=\"_ _75\"> </span></span>imposte <span class=\"_ _10\"> </span>che <span class=\"_ _1c\"> </span>riflette,<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>ove<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>adeg<span class=\"_ _0\"></span>uato, <span class=\"_ _1c\"> </span>i <span class=\"_ _10\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>specifici <span class=\"_ _1c\"> </span>delle <span class=\"_ _1c\"> </span>passivit\u00e0. <span class=\"_ _39\"> </span>Quando <span class=\"_ _10\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _1c\"> </span>viene <span class=\"_ _10\"> </span>attua<span class=\"_ _0\"></span>lizzata, <span class=\"_ _1c\"> </span>l\u2019increme<span class=\"_ _3\"></span><span class=\"ff4 ls3\">nto<span class=\"_ _75\"> </span></span>dell\u2019accantonamento dovuto al t<span class=\"_ _0\"></span>rascorrer<span class=\"_ _0\"></span>e del tempo \u00e8 rilevato com<span class=\"_ _0\"></span>e onere finanziario. 1.4.17<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Passivit\u00e0 per<span class=\"_ _0\"></span> benefici a dip<span class=\"_ _0\"></span>endenti<span class=\"_ _75\"> </span></span></span>Il costo dei benefici previsti ai sen<span class=\"_ _0\"></span>si del piano a benefici definiti \u00e8 d<span class=\"_ _0\"></span>eterminato usan<span class=\"_ _0\"></span>do il metodo attuariale della p<span class=\"_ _0\"></span>roiezi<span class=\"_ _0\"></span>one unitar<span class=\"_ _0\"></span>ia del<span class=\"_ _75\"> </span>credito.<span class=\"_ _75\"> </span>  Le rivalutazioni, che <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli utili e le p<span class=\"_ _0\"></span>erdite attua<span class=\"_ _0\"></span>riali, le <span class=\"_ _0\"></span>variazioni nell\u2019effetto de<span class=\"_ _0\"></span>l massima<span class=\"_ _0\"></span>le delle attivit\u00e0,<span class=\"_ _3\"></span><span class=\"ff4\"> esclusi<span class=\"_ _0\"></span> gli importi<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>compresi <span class=\"_ _4\"></span>negli <span class=\"_ _3\"></span>interessi <span class=\"_ _4\"></span>netti <span class=\"_ _3\"></span>sull<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _3\"></span>netta <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>benefi<span class=\"_ _0\"></span>ci <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>initi <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>rendimento <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vizio <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>piano <span class=\"_ _4\"></span>(esclusi <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li<span class=\"_ _75\"> </span> importi <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>presi <span class=\"_ _5\"></span>negli <span class=\"_ _9\"> </span>interessi <span class=\"_ _9\"> </span>netti <span class=\"_ _5\"></span>sulla <span class=\"_ _5\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>netta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>per <span class=\"_ _9\"> </span>benefici <span class=\"_ _5\"></span>definiti), <span class=\"_ _9\"> </span>sono <span class=\"_ _5\"></span>rilevate <span class=\"_ _9\"> </span>immediatamente <span class=\"_ _9\"> </span>nel <span class=\"_ _5\"></span>prospet<span class=\"_ _3\"></span>to <span class=\"_ _9\"> </span>della<span class=\"_ _75\"> </span> situazione  patrimoniale-finanziar<span class=\"_ _0\"></span>ia  addebitando  o <span class=\"_ _7\"> </span>accreditando<span class=\"_ _0\"></span>  gli <span class=\"_ _7\"> </span>utili  portati  a <span class=\"_ _7\"> </span>nuovo  at<span class=\"_ _0\"></span>traverso  le <span class=\"_ _7\"> </span>altre  componenti  di  conto<span class=\"_ _75\"> </span> economico complessivo n<span class=\"_ _0\"></span>ell\u2019esercizio in cui s<span class=\"_ _0\"></span>i manifestano. <span class=\"_ _0\"></span><span class=\"ff4\"> </span>Le rivalutazioni non sono ricla<span class=\"_ _0\"></span>ssificate a conto <span class=\"_ _0\"></span>economico negli ese<span class=\"_ _0\"></span>rcizi successivi.  <span class=\"_ _3\"></span> Il costo relativo alle prestaz<span class=\"_ _0\"></span>ioni di lavoro p<span class=\"_ _0\"></span>assate \u00e8 rilevato a conto <span class=\"_ _0\"></span>economico alla data pi\u00f9 r<span class=\"_ _0\"></span>emota tra le<span class=\"_ _0\"></span> seguenti: <span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la data in cui si verifica una mod<span class=\"_ _0\"></span>ifica o la riduzione del p<span class=\"_ _0\"></span>iano; e </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la <span class=\"_ _8\"></span>data in <span class=\"_ _2\"></span>cui la <span class=\"_ _8\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rileva <span class=\"_ _2\"></span>i costi <span class=\"_ _8\"></span>di ristrutturazione correlati <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>benefici dovuti <span class=\"_ _2\"></span>ai <span class=\"_ _2\"></span>dipendenti per <span class=\"_ _2\"></span>la cessazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>rapporto<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>di lavoro.<span class=\"_ _75\"> </span> Gli <span class=\"_ _0\"></span>interessi <span class=\"_ _3\"></span>netti <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>/<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tta <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nefici <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finiti <span class=\"_ _3\"></span>devono <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>determinati <span class=\"_ _3\"></span>moltiplicando <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>passivit<span class=\"_ _3\"></span>\u00e0 <span class=\"_ _0\"></span>/at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span><span class=\"ls3\">netta<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>per <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sconto. <span class=\"_ _3\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span><span class=\"ff6\">r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>seguenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>variazioni <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019obbligazione <span class=\"_ _4\"></span>netta <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>definiti <span class=\"_ _4\"></span>nel <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>duto, <span class=\"_ _3\"></span>nelle<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>spese amministrative e nei co<span class=\"_ _0\"></span>sti di vendita e <span class=\"_ _0\"></span>distribuzione nel con<span class=\"_ _0\"></span>to economico (<span class=\"_ _0\"></span>per natura): <span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Costi per prestazioni di lavoro, comprensivi di costi per prestazioni di lavoro correnti<span class=\"_ _0\"></span> e passate, utili e perdite su riduzi<span class=\"_ _0\"></span>oni ed<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>estinzioni non di routine; <span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Interessi attivi o passivi netti<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>Nuovi princip<span class=\"_ _0\"></span>i contabili, interpretazioni e m<span class=\"_ _0\"></span>odifiche adottati d<span class=\"_ _0\"></span>alla Societ\u00e0<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gruppo ha applicato per la <span class=\"_ _2\"></span>prima volta alcuni principi o modifiche che sono in vigore dal 1\u00b0 gennaio<span class=\"_ _0\"></span> <span class=\"ls3\">202</span>5. Il <span class=\"_ _2\"></span>Gruppo non ha adottato<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> anticipatamente alcun nuovo pr<span class=\"_ _0\"></span>incipio, interpr<span class=\"_ _0\"></span>etazione o modifica e<span class=\"_ _0\"></span>messi ma non ancor<span class=\"_ _0\"></span>a in vigore. <span class=\"_ _0\"></span> Lack of exch<span class=\"_ _0\"></span>angeability <span class=\"_ _0\"></span><span class=\"ff19\">\u2013</span> Amendments to IAS 21 <span class=\"_ _0\"></span> Le modifiche allo I<span class=\"_ _0\"></span>AS 21 <span class=\"ff3\">Effetti d<span class=\"_ _0\"></span>elle variazioni dei<span class=\"_ _0\"></span> cambi delle val<span class=\"_ _0\"></span>ute estere<span class=\"_ _0\"></span></span> specificano come<span class=\"_ _0\"></span> un'entit\u00e0<span class=\"_ _0\"></span> dovrebbe<span class=\"_ _0\"></span> considerare se un<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span> valuta <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>convertibile <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>deve <span class=\"_ _0\"></span>determ<span class=\"_ _0\"></span>inare <span class=\"_ _0\"></span><span class=\"ls7\">il</span> <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>pronti <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>convertibilit\u00e0 <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>assente. <span class=\"_ _0\"></span>Le <span class=\"_ _0\"></span>modifiche <span class=\"_ _0\"></span>richiedono<span class=\"_ _75\"> </span> anche <span class=\"_ _4\"></span>l'indicazione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>informazioni <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>consentano <span class=\"_ _5\"></span>agli <span class=\"_ _4\"></span>utilizzator<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>del <span class=\"_ _5\"></span>bilancio <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>comprende<span class=\"_ _0\"></span>re <span class=\"_ _4\"></span>come <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>valuta <span class=\"_ _5\"></span>non <span class=\"_ _9\"> </span>convertibile <span class=\"_ _5\"></span>in<span class=\"_ _75\"> </span> un'altra <span class=\"_ _4\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>influi<span class=\"_ _0\"></span>sca, <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>pre<span class=\"_ _0\"></span>vede <span class=\"_ _4\"></span>che <span class=\"_ _5\"></span>influi<span class=\"_ _0\"></span>sca, <span class=\"_ _4\"></span>sul<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>risultato <span class=\"_ _5\"> </span>econo<span class=\"_ _0\"></span>mico, <span class=\"_ _4\"></span>sulla<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>situazione <span class=\"_ _5\"></span>pa<span class=\"_ _0\"></span>trimoniale <span class=\"_ _4\"></span>e<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>finanziaria <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>sui <span class=\"_ _4\"></span>flu<span class=\"_ _0\"></span>ssi<span class=\"_ _75\"> </span> finanziari dell'entit\u00e0.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Tali modifiche non hanno a<span class=\"_ _0\"></span>vuto impatti sul bilancio d<span class=\"_ _0\"></span>el Gruppo.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Principi eman<span class=\"_ _0\"></span>ati ma non ancora in vigo<span class=\"_ _0\"></span>re<span class=\"_ _75\"> </span> Si riporta nel proseguo gli altr<span class=\"_ _0\"></span>i principi, interpr<span class=\"_ _0\"></span>etazioni o modifiche <span class=\"_ _0\"></span>omologati o non omologati e<span class=\"_ _0\"></span> non ancor<span class=\"_ _0\"></span>a entrati in vig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e alla data di<span class=\"_ _75\"> </span> predisposizione del presente<span class=\"_ _0\"></span> bilancio.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> IFRS 18 Presentatio<span class=\"_ _0\"></span>n and Disclosure in<span class=\"_ _0\"></span> Financial Statements <span class=\"_ _0\"></span> Ad Aprile 2024, <span class=\"_ _0\"></span>lo IASB ha<span class=\"_ _0\"></span> emesso l\u2019IFR<span class=\"_ _0\"></span>S 18, che sost<span class=\"_ _0\"></span>ituisce lo I<span class=\"_ _0\"></span>AS 1 <span class=\"_ _0\"></span><span class=\"ff4\">Presentazione<span class=\"_ _0\"></span> del bi<span class=\"_ _0\"></span>lancio. </span>L\u2019<span class=\"_ _0\"></span>IFRS 18 intr<span class=\"_ _0\"></span>oduce nuovi req<span class=\"_ _0\"></span>uisiti<span class=\"_ _75\"> </span> per la presentazione del pr<span class=\"_ _0\"></span>ospetto di cont<span class=\"_ _0\"></span>o economico, inclu<span class=\"_ _0\"></span>si specifici total<span class=\"_ _0\"></span>i e subtotal<span class=\"_ _0\"></span>i. Ulteriormente,<span class=\"_ _0\"></span> le entit\u00e0 dovrann<span class=\"_ _3\"></span>o classifi<span class=\"_ _0\"></span>care<span class=\"_ _75\"> </span> tutti <span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>costi <span class=\"_ _2\"></span>ed <span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>ricavi <span class=\"_ _2\"></span>all\u2019interno del <span class=\"_ _8\"></span>prospetto <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>conto economico <span class=\"_ _8\"></span>all\u2019inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span><span class=\"ff4\">no <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>quattro <span class=\"_ _2\"></span>categorie: <span class=\"_ _2\"></span>operat<span class=\"_ _0\"></span>iva, <span class=\"_ _8\"></span>investimento,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>finanziamento,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>imposte sul reddito ed attivit\u00e0 ope<span class=\"_ _0\"></span>rative cessate, do<span class=\"_ _0\"></span>ve le prime tre c<span class=\"_ _0\"></span>ategorie sono nuove.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> Il <span class=\"_ _2\"></span>principio <span class=\"_ _2\"></span>richiede <span class=\"_ _2\"></span>inoltre di <span class=\"_ _8\"></span>dar<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>informativa sulla <span class=\"_ _8\"></span>base della <span class=\"_ _2\"></span>nuova definizione <span class=\"_ _8\"></span>degli indicatori <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>performan<span class=\"_ _0\"></span>ce <span class=\"_ _2\"></span>definiti<span class=\"_ _0\"></span> dal <span class=\"_ _8\"></span>management<span class=\"_ _75\"> </span> (management<span class=\"_ _0\"></span>-<span class=\"ff6\">defined <span class=\"_ _3\"></span>perfor<span class=\"_ _0\"></span>mance <span class=\"_ _3\"></span>measures <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>MPMs)), <span class=\"_ _3\"></span>subotali <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>costi <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>ricavi, <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>uove <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>isposizioni <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>l<span class=\"_ _0\"></span>\u2019ag<span class=\"_ _0\"></span></span>gr<span class=\"_ _0\"></span>egazione <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> disaggregazione <span class=\"_ _9\"> </span>delle <span class=\"_ _9\"> </span>informazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>fina<span class=\"_ _0\"></span>nziare <span class=\"_ _9\"> </span>sulla <span class=\"_ _9\"> </span>base <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>ruoli <span class=\"_ _5\"> </span>iden<span class=\"_ _0\"></span>tificati <span class=\"_ _9\"> </span>dei <span class=\"_ _9\"> </span>prospetti <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>bila<span class=\"_ _0\"></span>ncio <span class=\"_ _9\"> </span>\u201cprimari\u201d <span class=\"_ _9\"> </span>(Primary  <span class=\"ff4\">Financial<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>Statements <span class=\"ff6\">\u2013</span> PF<span class=\"_ _0\"></span>S) e delle note.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Inoltre, <span class=\"_ _0\"></span>modifiche <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>introdotte <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>IAS <span class=\"_ _3\"></span>7 <span class=\"_ _3\"></span>Rendiconto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>finan<span class=\"_ _0\"></span>ziario, <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>includ<span class=\"_ _0\"></span>ono <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>cambiame<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>nto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>partenza <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>la<span class=\"_ _75\"> </span> determinazione dei <span class=\"_ _8\"></span>flussi di <span class=\"_ _8\"></span>ca<span class=\"_ _0\"></span>ssa della <span class=\"_ _8\"></span>gestione operativa <span class=\"_ _2\"></span>sulla base <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>metodo <span class=\"_ _2\"></span>indiretto; dall\u2019utile <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> perdita <span class=\"_ _8\"></span>all\u2019utile o<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>perdita operativi<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>e <span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>rimozione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>facolt\u00e0 <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>classificazione <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>dividendi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>interessi. <span class=\"_ _3\"></span>Ulte<span class=\"_ _0\"></span>riormente, <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>state <span class=\"_ _3\"></span>apportate<span class=\"_ _75\"> </span> modifiche consequenzial<span class=\"_ _0\"></span>i a molteplici altri pr<span class=\"_ _0\"></span>incipi contabili.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> L\u2019IFRS <span class=\"_ _0\"></span>18, <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>modifiche<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>agli <span class=\"_ _3\"></span>altri <span class=\"_ _3\"></span>principi, <span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>effetti<span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>sercizi <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>incominc<span class=\"_ _0\"></span>iano <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ccessivamen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>1\u00b0 <span class=\"_ _0\"></span>ge<span class=\"_ _4\"></span><span class=\"ff4\">nnaio <span class=\"_ _0\"></span>2027,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>ma <span class=\"_ _2\"></span>l\u2019applicazione <span class=\"_ _2\"></span>anticipata \u00e8 <span class=\"_ _8\"></span>permessa salvo <span class=\"_ _8\"></span>darne<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>informativa. <span class=\"_ _2\"></span>L\u2019IFRS <span class=\"_ _2\"></span>18 <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>applicher\u00e0 retrospetticamente.<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>Il <span class=\"_ _2\"></span>Gruppo sta <span class=\"_ _8\"></span>al <span class=\"_ _2\"></span>momento<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>lavorando per identificar<span class=\"_ _0\"></span>e gli impatti che le m<span class=\"_ _0\"></span>odifiche avranno sui pr<span class=\"_ _0\"></span>opri prospetti di bilan<span class=\"_ _0\"></span>cio e sulle n<span class=\"_ _0\"></span>ote al bilancio.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> IFRS 19 Subsidiaries<span class=\"_ _0\"></span> without Public<span class=\"_ _0\"></span> Accountability: Disclo<span class=\"_ _0\"></span>sures<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> A <span class=\"_ _4\"></span><span class=\"ff6 ls0\">Maggio <span class=\"_ _4\"></span>20<span class=\"_ _0\"></span>24, <span class=\"_ _4\"></span>lo <span class=\"_ _4\"></span>IASB <span class=\"_ _4\"></span>ha <span class=\"_ _4\"></span>em<span class=\"_ _0\"></span>anato <span class=\"_ _4\"></span>l\u2019IFRS <span class=\"_ _4\"></span>19, <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>per<span class=\"_ _0\"></span>mette <span class=\"_ _4\"></span>alle <span class=\"_ _5\"></span>entit\u00e0 <span class=\"_ _4\"></span>eligibili <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>optare <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>una <span class=\"_ _5\"></span>riduzione <span class=\"_ _4\"></span>dei <span class=\"_ _4\"></span>prop<span class=\"_ _0\"></span>ri <span class=\"_ _4\"></span>requisit<span class=\"_ _3\"></span><span class=\"ff4\">i <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span></span></span><span class=\"ff6 ls0\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>informativa <span class=\"_ _3\"></span>pur <span class=\"_ _4\"></span>continuando <span class=\"_ _3\"></span>ad <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>disposizioni <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>rilevazione, <span class=\"_ _3\"></span>misur<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>prese<span class=\"_ _0\"></span>ntazione <span class=\"_ _3\"></span>negli <span class=\"_ _3\"></span>altri <span class=\"_ _4\"></span>IFRS <span class=\"_ _0\"></span>acc<span class=\"_ _3\"></span>ounting<span class=\"_ _75\"> </span> standards. Per <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>eleggib<span class=\"_ _0\"></span>ile, alla <span class=\"_ _0\"></span>fine de<span class=\"_ _0\"></span>ll\u2019esercizio, <span class=\"_ _0\"></span>un\u2019ent<span class=\"_ _0\"></span>it\u00e0 deve<span class=\"_ _0\"></span> essere <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>controllata<span class=\"_ _0\"></span> cos\u00ec <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>e definito <span class=\"_ _0\"></span>all\u2019inte<span class=\"_ _3\"></span>rno <span class=\"_ _0\"></span>dell\u2019IFRS<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 19, non pu\u00f2 avere una \u201cpublic accountability\u201d e deve avere una controllante (ultima od intermedia) che<span class=\"_ _0\"></span> prepara<span class=\"_ _0\"></span><span class=\"ff4\"> il bilancio consolidato,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>disponibile al pubblico, pr<span class=\"_ _0\"></span>edisposto in accordo<span class=\"_ _0\"></span> agli IFRS accounting<span class=\"_ _0\"></span> standards.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> L'IFRS <span class=\"_ _9\"> </span>19<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>diven<span class=\"_ _0\"></span>ter\u00e0 <span class=\"_ _7\"> </span>effettivo <span class=\"_ _7\"> </span>per <span class=\"_ _9\"> </span>gli  esercizi <span class=\"_ _9\"> </span>che <span class=\"_ _7\"> </span>incominciano <span class=\"_ _7\"> </span>al <span class=\"_ _7\"> </span>o <span class=\"_ _9\"> </span>successivam<span class=\"_ _0\"></span>ente <span class=\"_ _7\"> </span>il <span class=\"_ _9\"> </span>1\u00b0 <span class=\"_ _7\"> </span>Genna<span class=\"_ _0\"></span>io <span class=\"_ _9\"> </span>20<span class=\"_ _0\"></span>27, <span class=\"_ _7\"> </span>con <span class=\"_ _9\"> </span>la <span class=\"_ _7\"> </span>possibilit\u00e0 <span class=\"_ _7\"> </span>d<span class=\"_ _0\"></span><span class=\"lsc\">i<span class=\"_ _75\"> </span></span><span class=\"lsc\"> </span>applicazione anticipata.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Amendment<span class=\"_ _0\"></span>s to the Classification an<span class=\"_ _0\"></span>d Measurement<span class=\"_ _0\"></span> of Financial Instruments<span class=\"_ _3\"></span><span class=\"ffd\">\u2014</span>Amendments to IFRS 9 an<span class=\"_ _0\"></span>d IFRS 7<span class=\"_ _75\"> </span> A <span class=\"_ _9\"> </span>maggio  2024, <span class=\"_ _9\"> </span>lo <span class=\"_ _7\"> </span>IASB <span class=\"_ _9\"> </span>ha <span class=\"_ _7\"> </span>emanato <span class=\"_ _7\"> </span>le <span class=\"_ _7\"> </span>modifiche <span class=\"_ _7\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>9 <span class=\"_ _7\"> </span>e <span class=\"_ _7\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>7,  denominate  <span class=\"ff4\">A<span class=\"_ _2\"></span>mendments <span class=\"_ _7\"> </span>to <span class=\"_ _7\"> </span>the <span class=\"_ _7\"> </span>Classification <span class=\"_ _9\"> </span>an<span class=\"_ _0\"></span>d<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>Measurement of F<span class=\"_ _0\"></span>inancial Instruments (le \u201c<span class=\"_ _0\"></span>Modifiche\u201d). <span class=\"_ _0\"></span><span class=\"ff4\">Le Modifiche compr<span class=\"_ _0\"></span>endono:<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>\u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">un chiarimento secondo cu<span class=\"_ _0\"></span>i una passivit\u00e0 finanzi<span class=\"_ _0\"></span>aria \u00e8 cancellata al<span class=\"_ _0\"></span>la \u201cdata di regolam<span class=\"_ _0\"></span>ento\u201d e l\u2019introduzione di un<span class=\"_ _0\"></span>a scelta d<span class=\"_ _0\"></span><span class=\"ff4 ls7\">i<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4 ls7\"> </span></span></span>politica contabile (se sodd<span class=\"_ _0\"></span>isfatte condizioni specif<span class=\"_ _0\"></span>iche) per cancella<span class=\"_ _0\"></span>re passivit\u00e0 finanziarie r<span class=\"_ _0\"></span>egolate tr<span class=\"_ _0\"></span>amite sistemi di<span class=\"_ _75\"> </span> pagamento elettron<span class=\"_ _0\"></span>ici prima della data <span class=\"_ _0\"></span>di regolamento;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> \u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">indicazioni aggiuntive su com<span class=\"_ _0\"></span>e valutare i flussi di cas<span class=\"_ _0\"></span>sa contrattuali <span class=\"_ _0\"></span>per attivit\u00e0 finanziarie con<span class=\"_ _0\"></span> caratteristiche a<span class=\"_ _0\"></span>mbiental<span class=\"_ _0\"></span>i,<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>sociali e di governance (<span class=\"_ _0\"></span>ESG) o simili;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> \u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">chiarimenti su quali siano <span class=\"_ _0\"></span>le caratter<span class=\"_ _0\"></span>istiche di uno strumento \u201c<span class=\"_ _0\"></span>non recourse\u201d (<span class=\"_ _0\"></span>non<span class=\"_ _0\"></span><span class=\"ff4\">-recourse featur<span class=\"_ _0\"></span>e) e quali sono le<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>caratteristiche degli strum<span class=\"_ _0\"></span>enti contrattua<span class=\"_ _0\"></span>lmente collegati;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> \u25aa<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019introduzione di obblighi d<span class=\"_ _0\"></span>i informativa <span class=\"_ _0\"></span>per strumenti finanziar<span class=\"_ _0\"></span>i con caratter<span class=\"_ _0\"></span>istiche contingenti e ulteri<span class=\"_ _0\"></span>ori requisiti di<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"> </span></span>disclosure per strumen<span class=\"_ _0\"></span>ti patrimoniali classificati al fair<span class=\"_ _0\"></span> value con im<span class=\"_ _0\"></span>putazione nel conto econo<span class=\"_ _0\"></span>mico c<span class=\"_ _0\"></span>omplessivo (OCI).<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> Le <span class=\"_ _0\"></span>Modifiche <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>efficaci <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>periodi an<span class=\"_ _0\"></span>nuali <span class=\"_ _0\"></span>che iniziano<span class=\"_ _0\"></span> il <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dopo <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _0\"></span>2026, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>adozione <span class=\"_ _0\"></span>anticipata <span class=\"_ _0\"></span>consentit<span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>per<span class=\"_ _75\"> </span> la classificazione delle atti<span class=\"_ _0\"></span>vit\u00e0 finanziarie e<span class=\"_ _0\"></span> relativa informativa.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gruppo non prevede<span class=\"_ _0\"></span> che le modifiche abbiano un ef<span class=\"_ _0\"></span>fetto signific<span class=\"_ _0\"></span>ativo sul bilancio consolidato.  <span class=\"_ _3\"></span> Annual Improvem<span class=\"_ _0\"></span>ents to IFRS Account<span class=\"_ _0\"></span>ing Standards <span class=\"_ _0\"></span>-<span class=\"_ _0\"></span> Volume 11<span class=\"_ _75\"> </span> A <span class=\"_ _8\"></span>luglio 2024, <span class=\"_ _2\"></span>lo <span class=\"_ _8\"></span>IA<span class=\"_ _0\"></span>SB <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>emanato nove <span class=\"_ _8\"></span>mod<span class=\"_ _0\"></span>ifiche <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>portata <span class=\"_ _2\"></span>limitata nell\u2019ambito <span class=\"_ _8\"></span>della manutenzione <span class=\"_ _8\"></span>p<span class=\"_ _0\"></span>eriodica degli <span class=\"_ _8\"></span>IFRS. Le <span class=\"_ _2\"></span><span class=\"ff4\">modifiche<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>comprendono <span class=\"_ _0\"></span>chiarimenti, <span class=\"_ _0\"></span>sem<span class=\"_ _0\"></span>plificazioni, <span class=\"_ _0\"></span>correzioni <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>cambiamen<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>volti <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>migliorare <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>coerenza <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ei <span class=\"_ _0\"></span>seguenti <span class=\"_ _0\"></span>principi: <span class=\"_ _4\"></span>IFRS 1 <span class=\"_ _0\"></span>First<span class=\"_ _0\"></span>-<span class=\"_ _75\"> </span>time <span class=\"_ _3\"></span>Adoption<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>of <span class=\"_ _4\"></span>International<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>inancial <span class=\"_ _4\"></span>Reporting <span class=\"_ _4\"></span>Standards, <span class=\"_ _4\"></span>IFRS <span class=\"_ _3\"></span>7<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Finan<span class=\"_ _0\"></span>cial <span class=\"_ _4\"></span>Instruments: <span class=\"_ _4\"></span>Disclosures <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>relativa <span class=\"_ _4\"></span>Guidanc<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>on<span class=\"_ _75\"> </span> implementing IFRS 7, IFR<span class=\"_ _0\"></span>S 9 Financial Instrum<span class=\"_ _0\"></span>ents, IFRS 10 Cons<span class=\"_ _0\"></span>olidated Financial Stat<span class=\"_ _0\"></span>ements e I<span class=\"_ _0\"></span>AS 7 Statement of<span class=\"_ _3\"></span> Cash Flows.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le modifiche avranno efficacia per i periodi <span class=\"_ _2\"></span>amministrativi che iniziano il o dopo <span class=\"_ _2\"></span>il 1\u00b0 gennaio 2026. <span class=\"_ _2\"></span>\u00c8 consentita l\u2019adozion<span class=\"_ _0\"></span><span class=\"ff4\">e anticipata,<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>di cui deve essere data adeg<span class=\"_ _0\"></span>uata informativa.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Non si prevede che tali modif<span class=\"_ _0\"></span>iche abbian<span class=\"_ _0\"></span>o un impatto significat<span class=\"_ _0\"></span>ivo sul bilancio con<span class=\"_ _0\"></span>solidato del Grupp<span class=\"_ _0\"></span>o.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Contracts Referencing Nature<span class=\"_ _0\"></span>-de<span class=\"_ _0\"></span>pendent Electricity <span class=\"ff6\">\u2013</span> <span class=\"_ _0\"></span>Amendments to<span class=\"_ _0\"></span> IFRS 9 and IFRS 7<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Nel dicembre <span class=\"_ _0\"></span>2024, <span class=\"_ _0\"></span>lo IASB ha <span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>anato delle <span class=\"_ _0\"></span>modifiche all\u2019IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>all\u2019IFRS 7, <span class=\"_ _0\"></span>Contracts <span class=\"_ _0\"></span>Referencing <span class=\"_ _0\"></span>Nature<span class=\"_ _3\"></span><span class=\"ff4\">-<span class=\"ls3\">dependent Electricity.<span class=\"_ _75\"> </span></span></span><span class=\"ff4\"><span class=\"ls3\"> </span></span>Le modifiche si applicano e<span class=\"_ _0\"></span>sclusivamente ai con<span class=\"_ _0\"></span>tratti che fanno rif<span class=\"_ _0\"></span>erimento a tale tipologia <span class=\"_ _0\"></span>di elettricit\u00e0 e:<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">chiariscono l\u2019applicazione dei r<span class=\"_ _0\"></span>equisiti di own<span class=\"_ _0\"></span><span class=\"ff4\">-</span>use per i contratt<span class=\"_ _0\"></span>i rientranti ne<span class=\"_ _0\"></span>ll\u2019ambito di applicazione<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">modificano i <span class=\"_ _0\"></span>requisiti di <span class=\"_ _0\"></span>designazione <span class=\"_ _0\"></span>di un<span class=\"_ _0\"></span> elemento <span class=\"_ _0\"></span>coperto <span class=\"_ _0\"></span>in una r<span class=\"_ _0\"></span>elazione di <span class=\"_ _0\"></span>copertura <span class=\"_ _0\"></span>dei flussi <span class=\"_ _0\"></span>finanziari per <span class=\"_ _0\"></span>i contr<span class=\"_ _3\"></span>atti<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>in oggetto;<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">introducono <span class=\"_ _7\"> </span>nuovi <span class=\"_ _7\"> </span>obblighi <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>informativa <span class=\"_ _7\"> </span>per <span class=\"_ _7\"> </span>consentire <span class=\"_ _7\"> </span>agli <span class=\"_ _7\"> </span>investitor<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>comprende<span class=\"_ _0\"></span>re <span class=\"_ _7\"> </span>gli <span class=\"_ _9\"> </span>effett<span class=\"_ _0\"></span>i <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>tali  contratti <span class=\"_ _9\"> </span>sull<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>performance finanziar<span class=\"_ _0\"></span>ia e sui flussi di cassa di una <span class=\"_ _0\"></span>societ\u00e0.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le <span class=\"_ _0\"></span>modifiche <span class=\"_ _3\"></span>avranno <span class=\"_ _0\"></span>efficacia <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>gli <span class=\"_ _3\"></span>esercizi <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>iniziano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dopo <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>1\u00b0 <span class=\"_ _0\"></span>gennaio <span class=\"_ _3\"></span>2026. <span class=\"_ _0\"></span>\u00c8 <span class=\"_ _3\"></span>consentita <span class=\"_ _0\"></span>l\u2019adozione <span class=\"_ _3\"></span>anticipata<span class=\"_ _3\"></span><span class=\"ff4\">, <span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>deve<span class=\"_ _75\"> </span></span>essere data adeguata <span class=\"_ _0\"></span>informativa.<span class=\"_ _75\"> </span>Le <span class=\"_ _2\"></span>modifiche <span class=\"_ _2\"></span>relative all\u2019eccezione <span class=\"_ _2\"></span>own<span class=\"ff4\">-use devono <span class=\"_ _8\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _2\"></span>applicate retrospetticamente, mentre <span class=\"_ _8\"></span>quelle in <span class=\"_ _8\"></span>materia di <span class=\"_ _8\"></span>hedge accounting<span class=\"_ _75\"> </span></span>devono <span class=\"_ _8\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>appl<span class=\"_ _0\"></span>icate <span class=\"_ _2\"></span>prospetticamen<span class=\"_ _0\"></span>te <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>nuove relazioni <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>coper<span class=\"_ _0\"></span>tura <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>signate <span class=\"_ _8\"></span>a partire <span class=\"_ _8\"></span>dalla <span class=\"_ _2\"></span>data di <span class=\"_ _8\"></span>prima <span class=\"_ _8\"></span>app<span class=\"_ _0\"></span>licaz<span class=\"_ _0\"></span>ione.<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>Inoltr<span class=\"_ _0\"></span>e,<span class=\"_ _75\"> </span>le <span class=\"_ _9\"> </span>modifiche <span class=\"_ _5\"> </span>all\u2019infor<span class=\"_ _0\"></span>mativa <span class=\"_ _9\"> </span>previste <span class=\"_ _9\"> </span>dall\u2019IFRS <span class=\"_ _9\"> </span>7 <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>vono <span class=\"_ _9\"> </span>essere <span class=\"_ _9\"> </span>implementate <span class=\"_ _9\"> </span>congiuntamente <span class=\"_ _9\"> </span>alle <span class=\"_ _9\"> </span>modifiche <span class=\"_ _9\"> </span>all\u2019IFRS <span class=\"_ _9\"> </span>9. <span class=\"_ _9\"> </span>Qualor<span class=\"_ _0\"></span><span class=\"ff4 ls3\">a<span class=\"_ _75\"> </span></span>un\u2019entit\u00e0 non riesponga le info<span class=\"_ _0\"></span>rmazioni compa<span class=\"_ _0\"></span>rative, non potr\u00e0 pr<span class=\"_ _0\"></span>esentare informative com<span class=\"_ _0\"></span>parative.<span class=\"_ _75\"> </span>Il Gruppo non prevede<span class=\"_ _0\"></span> che tali modifiche abb<span class=\"_ _0\"></span>iano un impatto sign<span class=\"_ _0\"></span>ificativo sul propr<span class=\"_ _0\"></span>io bilancio consoli<span class=\"_ _0\"></span>dato. .",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-323": {
   "value": "1.4.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Aggregazion<span class=\"_ _0\"></span>i di imprese e avviamen<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _0\"></span>aggregazion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>aziendali <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>contabilizzate <span class=\"_ _3\"></span>utilizzando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>metod<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dell\u2019acquis<span class=\"_ _0\"></span>izione. <span class=\"_ _0\"></span>Il<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>un\u2019<span class=\"_ _0\"></span>acquisizione <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>determin<span class=\"_ _3\"></span><span class=\"ff4\">ato <span class=\"_ _3\"></span>come<span class=\"_ _75\"> </span></span>somma <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>corrispettivo <span class=\"_ _4\"></span>trasferito, <span class=\"_ _4\"></span>misurato <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019importo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>partecipazione <span class=\"_ _5\"></span><span class=\"ff4\">di <span class=\"_ _4\"></span>minoranza<span class=\"_ _75\"> </span></span>nell\u2019acquisita. <span class=\"_ _3\"></span>Per <span class=\"_ _3\"></span>ogni <span class=\"_ _3\"></span>aggregazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>azienda<span class=\"_ _0\"></span>le, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>defin<span class=\"_ _0\"></span>isce <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>misurare <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>partecipazione <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>minoranza <span class=\"_ _3\"></span>nell\u2019acqui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span><span class=\"ff4\">a <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>fair<span class=\"_ _75\"> </span></span>value <span class=\"_ _5\"></span>oppur<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>proporzione<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>alla<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>quota <span class=\"_ _9\"> </span>della <span class=\"_ _5\"> </span>par<span class=\"_ _0\"></span>tecipazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>minor<span class=\"_ _0\"></span>anza <span class=\"_ _5\"></span>nelle <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>nette <span class=\"_ _5\"></span>iden<span class=\"_ _0\"></span>tificabili<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ff6\">dell\u2019acquisita. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>costi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di<span class=\"_ _75\"> </span></span>acquisizione <span class=\"_ _4\"></span>sono <span class=\"_ _5\"> </span>spe<span class=\"_ _0\"></span>sati <span class=\"_ _4\"></span>nell<span class=\"_ _0\"></span>\u2019esercizio <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>class<span class=\"_ _0\"></span>ificati <span class=\"_ _4\"></span>tra <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>spese<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>amm<span class=\"_ _0\"></span>inistrative. <span class=\"_ _4\"></span>Il <span class=\"_ _5\"></span>Gruppo <span class=\"_ _5\"></span>deter<span class=\"_ _0\"></span>mina <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>aver <span class=\"_ _5\"></span>acquisito <span class=\"_ _5\"></span>un<span class=\"_ _3\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span>aziendale <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>integrato <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>beni <span class=\"_ _4\"></span>include <span class=\"_ _4\"></span>almeno <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>fattore <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>produ<span class=\"_ _0\"></span><span class=\"ff4\">zione <span class=\"_ _4\"></span>ed <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>processo <span class=\"_ _4\"></span>sostanziale <span class=\"_ _4\"></span>che<span class=\"_ _75\"> </span></span>insieme contribuiscon<span class=\"_ _0\"></span>o in <span class=\"_ _0\"></span>modo <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ignificativo a<span class=\"_ _0\"></span>lla capacit\u00e0 <span class=\"_ _0\"></span>di ge<span class=\"_ _0\"></span>nerare <span class=\"_ _0\"></span>un ou<span class=\"_ _0\"></span>tput.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Il processo<span class=\"_ _0\"></span> acquisi<span class=\"_ _0\"></span>to \u00e8 <span class=\"_ _0\"></span>considerato so<span class=\"_ _0\"></span>stanziale <span class=\"_ _0\"></span>se \u00e8<span class=\"_ _75\"> </span>cruciale per <span class=\"_ _2\"></span>la capacit\u00e0 <span class=\"_ _8\"></span>di continuare a generare <span class=\"_ _2\"></span>un output <span class=\"_ _2\"></span>e i <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>tori <span class=\"_ _2\"></span>di produzione acquisiti <span class=\"_ _2\"></span>comprend<span class=\"_ _0\"></span>ono una <span class=\"_ _2\"></span>forza lavoro <span class=\"_ _2\"></span>organizzata<span class=\"_ _75\"> </span>che dispone <span class=\"_ _2\"></span>delle necessarie competenze, conoscenze o <span class=\"_ _2\"></span>esper<span class=\"_ _0\"></span>ienza per <span class=\"_ _2\"></span>eseguire<span class=\"_ _0\"></span> tale <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>ocesso o contribuisce significativamente<span class=\"_ _0\"></span> alla<span class=\"_ _75\"> </span>capacit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tinuare <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>generar<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>tput <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>considerato <span class=\"_ _3\"></span>unico <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sca<span class=\"_ _0\"></span>rso <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sere <span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>stituito <span class=\"_ _0\"></span>senza <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>sti, <span class=\"_ _0\"></span>sforzi <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>ritardi<span class=\"_ _75\"> </span>significativi <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>le capacit\u00e0 <span class=\"_ _8\"></span>di continuare <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>generare un <span class=\"_ _8\"></span>output. Quando <span class=\"_ _8\"></span>il Gruppo <span class=\"_ _8\"></span>acquisisce un <span class=\"_ _8\"></span>bus<span class=\"_ _0\"></span>iness, classifica <span class=\"_ _8\"></span>o designa le <span class=\"_ _8\"></span>attiv<span class=\"_ _0\"></span>it\u00e0<span class=\"_ _75\"> </span>finanziarie acquisite <span class=\"_ _2\"></span>o le <span class=\"_ _2\"></span>passivit\u00e0 assunte in <span class=\"_ _8\"></span>accord<span class=\"_ _0\"></span>o con <span class=\"_ _2\"></span>i termini <span class=\"_ _2\"></span>contrattuali, le <span class=\"_ _2\"></span>condizioni economiche e <span class=\"_ _2\"></span>le altre <span class=\"_ _2\"></span>condizioni pertinenti<span class=\"_ _75\"> </span>in essere <span class=\"_ _0\"></span>alla data <span class=\"_ _0\"></span>di acquisizion<span class=\"_ _0\"></span>e. Ci\u00f2 <span class=\"_ _0\"></span>include la <span class=\"_ _0\"></span>verifica <span class=\"_ _0\"></span>per stabil<span class=\"_ _0\"></span>ire se <span class=\"_ _0\"></span>un derivato <span class=\"_ _0\"></span>incorporato<span class=\"_ _0\"></span> debba esser<span class=\"_ _0\"></span>e separato <span class=\"_ _0\"></span>d<span class=\"_ _3\"></span>al contratt<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span>primario.  L\u2019eventuale <span class=\"_ _9\"> </span>cor<span class=\"_ _0\"></span>rispettiv<span class=\"_ _0\"></span>o <span class=\"_ _7\"> </span>potenziale  da <span class=\"_ _9\"> </span>riconoscer<span class=\"_ _0\"></span>e <span class=\"_ _7\"> </span>\u00e8 <span class=\"_ _7\"> </span>rilevato  dall\u2019acquirente <span class=\"_ _9\"> </span>al  fair <span class=\"_ _7\"> </span>value  alla <span class=\"_ _7\"> </span>data <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>acquisizione. <span class=\"_ _7\"> </span>Il<span class=\"_ _75\"> </span>corrispettivo <span class=\"_ _3\"></span>potenziale <span class=\"_ _3\"></span>classificat<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>trimonio <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>getto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>rimisurazione <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>successivo <span class=\"_ _3\"></span>pagamen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>contab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iz<span class=\"_ _0\"></span>zato<span class=\"_ _75\"> </span>con contropartita <span class=\"_ _2\"></span>il patrimonio netto. <span class=\"_ _2\"></span>La variazione <span class=\"_ _2\"></span>del fair <span class=\"_ _2\"></span>value del corrispettivo <span class=\"_ _2\"></span>potenziale classificato come attivit\u00e0 <span class=\"_ _2\"></span>o passivit\u00e0, <span class=\"_ _2\"></span>quale<span class=\"_ _75\"> </span>strumento <span class=\"_ _3\"></span>finanziario <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>nell\u2019oggetto <span class=\"_ _3\"></span>dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _3\"></span>Strumenti <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziari, <span class=\"_ _3\"></span>deve <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>rilevata <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>acco<span class=\"_ _3\"></span><span class=\"ff4\">rdo <span class=\"_ _3\"></span>con<span class=\"_ _75\"> </span></span>I<span class=\"ff6\">FRS 9.  <span class=\"_ _2\"></span>Il corrispettivo potenziale che non rientra nello scopo <span class=\"_ _2\"></span>dell\u2019IFRS 9 \u00e8 <span class=\"_ _2\"></span>valutato al fair value alla <span class=\"_ _2\"></span>data di bilancio e <span class=\"ff4\">le variazioni <span class=\"_ _2\"></span>del<span class=\"_ _75\"> </span></span></span>fair value <span class=\"_ _2\"></span>sono rilevate <span class=\"_ _8\"></span>a conto economico.<span class=\"_ _0\"></span> <span class=\"ff6\">L\u2019avviamento <span class=\"_ _2\"></span>\u00e8 inizialmente rilevato <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>rappresentat<span class=\"_ _0\"></span>o dall\u2019eccedenza <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ll\u2019insieme del<span class=\"_ _75\"> </span></span>corrispettivo <span class=\"_ _4\"></span>corrisposto <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>dell\u2019importo <span class=\"_ _4\"></span>iscritto <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>interessenze <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>minoranza <span class=\"_ _4\"></span>rispetto <span class=\"_ _3\"></span>alle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _3\"></span>identificabil<span class=\"_ _3\"></span><span class=\"ff4\">i <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le<span class=\"_ _75\"> </span></span>passivit\u00e0 <span class=\"_ _4\"></span>assunte <span class=\"_ _4\"></span>dal <span class=\"_ _5\"></span><span class=\"ff6\">Gruppo. <span class=\"_ _4\"></span>Se <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>tte <span class=\"_ _4\"></span>acquisite <span class=\"_ _4\"></span>eccede <span class=\"_ _4\"></span>l\u2019insieme <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>c<span class=\"_ _0\"></span>orrispettivo <span class=\"_ _4\"></span>corrisposto<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _75\"> </span></span>verifica <span class=\"_ _8\"></span>nuova<span class=\"_ _0\"></span>mente <span class=\"_ _2\"></span>se <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>identificato <span class=\"_ _2\"></span>correttamente tutte <span class=\"_ _8\"></span>le <span class=\"_ _2\"></span>attivit\u00e0 acquisite <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>te <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>passiv<span class=\"_ _3\"></span>it\u00e0 <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>te <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>rivede le <span class=\"_ _8\"></span>procedure <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span>per <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>terminare <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>ammontar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>rilevare <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>data <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>acq<span class=\"_ _0\"></span>uisizione. <span class=\"_ _3\"></span> <span class=\"_ _4\"></span>Se <span class=\"_ _3\"></span>dalla <span class=\"_ _4\"></span>nuova <span class=\"_ _3\"></span>valutazione <span class=\"_ _4\"></span>emerge <span class=\"_ _4\"></span>ancora <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>fair <span class=\"_ _3\"></span>value <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle<span class=\"_ _75\"> </span>attivit\u00e0 <span class=\"_ _4\"></span>nette <span class=\"_ _4\"></span>acquisite <span class=\"_ _3\"></span>sup<span class=\"_ _0\"></span>eriore <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>corrispettivo, <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _4\"></span>(utile) <span class=\"_ _4\"></span>viene<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rilevata <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _4\"></span>economico. <span class=\"_ _3\"></span>Dopo <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>rilevazione <span class=\"_ _4\"></span>iniziale,<span class=\"_ _75\"> </span>l\u2019avviamento <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>valutato <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>rdite <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>acc<span class=\"_ _0\"></span>umulate. <span class=\"_ _0\"></span>Al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>riduzion<span class=\"_ _0\"></span>e di <span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ore <span class=\"_ _4\"></span><span class=\"ff4\">(impairment),<span class=\"_ _75\"> </span></span>l\u2019avviamento <span class=\"_ _4\"></span>acquisito <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>\u2019aggregazione <span class=\"_ _4\"></span>aziendale <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>allo<span class=\"_ _0\"></span><span class=\"ff4\">cato, <span class=\"_ _4\"></span>dalla <span class=\"_ _4\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>acquisizione, <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>ciascuna <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _4\"></span>generatrice <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span></span>cassa <span class=\"_ _8\"></span>del <span class=\"_ _2\"></span>Gruppo <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>si <span class=\"_ _2\"></span>prevede benefici <span class=\"_ _8\"></span>delle <span class=\"_ _8\"></span>siner<span class=\"_ _0\"></span>gie <span class=\"_ _8\"></span>del<span class=\"_ _0\"></span>l\u2019aggreg<span class=\"_ _0\"></span>azione, <span class=\"_ _8\"></span>a prescindere <span class=\"_ _8\"></span>dal <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>ch<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>altr<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>attivit\u00e0 o <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>dell\u2019entit\u00e0<span class=\"_ _75\"> </span>acquisita siano <span class=\"_ _8\"></span>asseg<span class=\"_ _0\"></span>nate a <span class=\"_ _2\"></span>tali unit\u00e0. <span class=\"ff6\">Se <span class=\"_ _2\"></span>l\u2019avviamento \u00e8 <span class=\"_ _2\"></span>stato allocato a <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019unit\u00e0 generatrice <span class=\"_ _2\"></span>di flussi <span class=\"_ _2\"></span>finanziari e <span class=\"_ _2\"></span>l\u2019entit\u00e0 dismette <span class=\"_ _2\"></span>parte<span class=\"_ _75\"> </span></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tale <span class=\"_ _4\"></span>unit\u00e0, <span class=\"_ _3\"></span>l\u2019avviamento <span class=\"_ _4\"></span>associato <span class=\"_ _3\"></span>all\u2019attivit\u00e0 <span class=\"_ _3\"></span>dismessa <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>incluso <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>contabil<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019attivit\u00e0 <span class=\"_ _3\"></span>quand<span class=\"_ _3\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>mina<span class=\"_ _75\"> </span></span>l\u2019utile <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>rdita <span class=\"_ _8\"></span>della dismissione. <span class=\"_ _8\"></span>L\u2019avviamento <span class=\"_ _8\"></span>associa<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>con <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _2\"></span>dismessa <span class=\"_ _8\"></span>\u00e8 <span class=\"_ _2\"></span>determinato sulla <span class=\"_ _8\"></span>base <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>valori <span class=\"_ _8\"></span>relat<span class=\"_ _0\"></span>ivi <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>\u2019attivit\u00e0<span class=\"_ _75\"> </span>dismessa e della parte man<span class=\"_ _0\"></span>tenuta dell\u2019unit\u00e0 ge<span class=\"_ _0\"></span>neratrice di fluss<span class=\"_ _0\"></span>i finanziari.<span class=\"_ _75\"> </span>Nell\u2019effettuare quanto <span class=\"_ _8\"></span>espresso sopra <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>amministratori fanno <span class=\"_ _8\"></span>quin<span class=\"_ _0\"></span>di <span class=\"_ _2\"></span>ricorso ad <span class=\"_ _8\"></span>assunzioni e <span class=\"_ _8\"></span>stime, a <span class=\"_ _2\"></span>volte <span class=\"_ _2\"></span>anche complesse,<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>sono<span class=\"_ _75\"> </span></span>soggette al giudizio ste<span class=\"_ _0\"></span>sso degli amministr<span class=\"_ _0\"></span>atori. Le principali assun<span class=\"_ _0\"></span>zioni alla base di tale a<span class=\"_ _0\"></span>ttivit\u00e0 riguarda<span class=\"_ _0\"></span>no:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">allocazione dei valor<span class=\"_ _0\"></span>i contabili delle attivit\u00e0 e passi<span class=\"_ _0\"></span>vit\u00e0 alle singole <span class=\"_ _0\"></span>CGU, </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">previsione dei flussi di cassa <span class=\"_ _0\"></span>futuri, per<span class=\"_ _0\"></span> il periodo esplicito del bu<span class=\"_ _0\"></span>siness plan di Gruppo<span class=\"_ _0\"></span>, </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei flussi di <span class=\"_ _0\"></span>cassa nor<span class=\"_ _0\"></span>malizzati alla base della stim<span class=\"_ _0\"></span>a del valore ter<span class=\"_ _0\"></span>minale nonch\u00e9 </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei tassi di cres<span class=\"_ _0\"></span>cita di lun<span class=\"_ _0\"></span>go periodo e di attualizza<span class=\"_ _0\"></span>zione applicati alle pr<span class=\"_ _0\"></span>evisioni dei flussi di cassa f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span>ri.<span class=\"_ _75\"> </span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-324": {
   "value": "1.4.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Valutazione del <span class=\"_ _0\"></span>fair valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il Gruppo valuta gli strumenti finanziari quali i <span class=\"_ _2\"></span>derivati, e le attivit\u00e0 non finanziarie quali gli investimenti immobiliari,<span class=\"_ _0\"></span> al fair value ad ogni<span class=\"_ _75\"> </span> chiusura di bilancio. Il fair value \u00e8<span class=\"_ _0\"></span> il prezzo che si percepire<span class=\"_ _0\"></span>bbe per la vendita di un\u2019attivit\u00e0,<span class=\"_ _0\"></span> o che si <span class=\"_ _0\"></span><span class=\"ff4\">pag<span class=\"_ _0\"></span>herebbe per il trasfer<span class=\"_ _0\"></span>imento di<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>una passivit\u00e0, in <span class=\"_ _2\"></span>una regolare operazion<span class=\"_ _0\"></span>e tra operatori di mercato alla <span class=\"_ _2\"></span>data di valutazione. Una valutazione del fair value <span class=\"_ _2\"></span>s<span class=\"_ _0\"></span><span class=\"ls3\">uppone che<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>l\u2019operazione di vendita dell<span class=\"_ _0\"></span>\u2019attivit\u00e0 o di trasfe<span class=\"_ _0\"></span>rimento della passivit\u00e0 <span class=\"_ _0\"></span>abbia luogo:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><span class=\"ff4\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">nel mercato principale dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0 o passivit\u00e0;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>oppure<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">in assenza di un mercato pr<span class=\"_ _0\"></span>incipale, nel mer<span class=\"_ _0\"></span>cato pi\u00f9 vantaggioso p<span class=\"_ _0\"></span>er l\u2019attivit\u00e0 o passivit\u00e0.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _3\"></span><span class=\"ff4\"> </span></span></span>Il <span class=\"_ _8\"></span>mercato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>principale o <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>mer<span class=\"_ _0\"></span>cato <span class=\"_ _8\"></span>p<span class=\"_ _0\"></span>i\u00f9 <span class=\"_ _8\"></span>van<span class=\"_ _0\"></span>taggioso <span class=\"_ _8\"></span>devon<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>essere <span class=\"_ _8\"></span>acc<span class=\"_ _0\"></span>essibili <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span>. <span class=\"_ _8\"></span>Il <span class=\"_ _2\"></span>fair <span class=\"_ _2\"></span>value <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>pa<span class=\"_ _3\"></span><span class=\"ff4\">ssivit\u00e0 <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _8\"></span>valutat<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>adottando  le <span class=\"_ _6\"> </span>assunzioni  che <span class=\"_ _6\"> </span>gli  operatori <span class=\"_ _6\"> </span>di  mercato <span class=\"_ _6\"> </span>utilizzerebbero  nella  determinazione <span class=\"_ _6\"> </span>del  prezzo <span class=\"_ _6\"> </span>dell\u2019attivi<span class=\"ff4 ls0\">t\u00e0  o <span class=\"_ _6\"> </span>passivit\u00e0,<span class=\"_ _75\"> </span></span><span class=\"ff4 ls0\"> </span>presumendo che gli stessi agiscano per soddisfare nel modo migliore il proprio interesse economico.<span class=\"_ _0\"></span> Una valutazione del fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span> di<span class=\"_ _75\"> </span> un\u2019attivit\u00e0 non finanziaria considera la capacit\u00e0 di un <span class=\"_ _2\"></span>operatore di mercato di generare benefici economici impiegando l\u2019attivit\u00e0 nel suo<span class=\"_ _75\"> </span> massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>migliore <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>vendendola <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>altro <span class=\"_ _0\"></span>operatore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mercato <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>impiegherebbe<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>l suo <span class=\"_ _0\"></span>massimo <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>miglior <span class=\"_ _0\"></span>utili<span class=\"_ _3\"></span>zzo. <span class=\"_ _0\"></span>Il<span class=\"_ _75\"> </span> Gruppo utilizza <span class=\"_ _0\"></span>tecniche <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>che sono<span class=\"_ _0\"></span> ad<span class=\"_ _0\"></span>atte alle<span class=\"_ _0\"></span> circost<span class=\"_ _0\"></span>anze e <span class=\"_ _0\"></span>per le <span class=\"_ _0\"></span>quali <span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>sono suffi<span class=\"_ _0\"></span>cienti <span class=\"_ _0\"></span>dati dispon<span class=\"_ _0\"></span>ibili <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>valutare <span class=\"_ _0\"></span>il<span class=\"_ _75\"> </span> fair value, massimizzando l<span class=\"_ _0\"></span>\u2019utilizzo d<span class=\"_ _0\"></span>i input osservabili rilevanti e <span class=\"_ _0\"></span>minimizzando l\u2019uso di <span class=\"_ _0\"></span>input non oss<span class=\"_ _0\"></span>ervabil<span class=\"_ _0\"></span><span class=\"ff4\">i. </span><span class=\"ff4\"> </span>Tutte le attivit\u00e0 e <span class=\"_ _2\"></span>passivit\u00e0 per le <span class=\"_ _2\"></span>quali il fair <span class=\"_ _2\"></span>value viene valutato o <span class=\"_ _2\"></span>esposto in bilancio <span class=\"_ _2\"></span>sono categorizzate in base alla gerarchia del fair<span class=\"_ _75\"> </span><span class=\"_ _2\"></span> value, come di seguito descritta: <span class=\"_ _0\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 1 - <span class=\"_ _2\"></span><span class=\"ff6\">i prezzi quotati (non rettificati) in mercati attivi <span class=\"_ _2\"></span>per attivit\u00e0 o passivit\u00e0 identiche a cui l\u2019entit\u00e0 pu\u00f2 accedere alla <span class=\"_ _2\"></span>data<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span></span>di valutazione;<span class=\"_ _75\"> </span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 2 <span class=\"_ _0\"></span><span class=\"ff6\">\u2013</span> <span class=\"ff6\">Input <span class=\"_ _0\"></span>diversi da<span class=\"_ _0\"></span>i prezzi <span class=\"_ _0\"></span>quotati inclusi <span class=\"_ _0\"></span>nel Livello <span class=\"_ _0\"></span>1, osser<span class=\"_ _0\"></span>vabili dirett<span class=\"_ _0\"></span>amente o <span class=\"_ _0\"></span>indirettamente <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019attivit\u00e0 o <span class=\"_ _0\"></span>per la<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"> </span></span></span>passivit\u00e0;  \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Livello 3 <span class=\"ff6\">\u2013</span> <span class=\"ff6\">tecniche d<span class=\"_ _0\"></span>i valutazione per le q<span class=\"_ _0\"></span>uali i dati di input non son<span class=\"_ _0\"></span>o osservabili per l\u2019attiv<span class=\"_ _0\"></span>it\u00e0 o per la pa<span class=\"_ _0\"></span>ssivit\u00e0.<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"><span class=\"_ _0\"></span></span> </span></span>La valutazione del <span class=\"_ _8\"></span>fa<span class=\"_ _0\"></span>ir value \u00e8 <span class=\"_ _8\"></span>cla<span class=\"_ _0\"></span>ssificata interamente nello stesso livello <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>lla gerarchia del <span class=\"_ _2\"></span>fair value in <span class=\"_ _2\"></span>cui \u00e8 classif<span class=\"ff6\">icato l\u2019input di <span class=\"_ _2\"></span>pi\u00f9<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>basso livello di gerar<span class=\"_ _0\"></span>chia utilizzato per la va<span class=\"_ _0\"></span>lutazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per le attivit\u00e0 e passivit\u00e0 rilevate nel bilancio al fair <span class=\"_ _0\"></span>value su base ricorrente, il Gruppo de<span class=\"_ _0\"></span>termina se siano intervenuti <span class=\"_ _0\"></span>dei trasfer<span class=\"_ _0\"></span>imenti<span class=\"_ _75\"> </span> tra i <span class=\"_ _8\"></span>livelli della <span class=\"_ _2\"></span>gerarchia rivedendo la <span class=\"_ _2\"></span>categorizzazione (basata <span class=\"_ _2\"></span>sull\u2019input di <span class=\"_ _2\"></span>livello pi\u00f9 <span class=\"_ _8\"></span>ba<span class=\"_ _0\"></span>sso, che <span class=\"_ _8\"></span>\u00e8 signif<span class=\"_ _0\"></span><span class=\"ff4\">icativo ai <span class=\"_ _2\"></span>fini della <span class=\"_ _8\"></span>valutaz<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>del fair value nella sua interezza)<span class=\"_ _0\"></span> ad ogni chiusur<span class=\"_ _0\"></span>a di bilancio. <span class=\"_ _0\"></span> La <span class=\"_ _3\"></span>Direzione <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>determina <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>criteri <span class=\"_ _4\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>procedure <span class=\"_ _4\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>valutazioni <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fair <span class=\"_ _4\"></span>value <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>icorrenti, <span class=\"_ _3\"></span>quali<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>investimen<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span> immobiliari <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>partecipat<span class=\"_ _0\"></span>ivi <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>societ\u00e0 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>quotate, <span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>valutazioni <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ricorrenti, <span class=\"_ _0\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>attivit<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>ces<span class=\"_ _0\"></span>sate <span class=\"_ _0\"></span>destinate <span class=\"_ _0\"></span>alla<span class=\"_ _75\"> </span> vendita.   Ad <span class=\"_ _4\"></span>ogni <span class=\"_ _4\"></span>chiusura <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>bilancio <span class=\"_ _4\"></span>la <span class=\"_ _5\"></span>Direzione <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>analizza <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>variazioni <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>valori <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>passivit\u00e0 <span class=\"_ _4\"></span>per<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>\u00e8<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> richiesta, in base ai princip<span class=\"_ _0\"></span>i contabili del Grup<span class=\"_ _0\"></span>po, la rivalutazione o <span class=\"_ _0\"></span>la rideterm<span class=\"_ _0\"></span>inazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per tale<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>alisi, vengo<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>verificati <span class=\"_ _0\"></span>i pr<span class=\"_ _0\"></span>incipali <span class=\"_ _0\"></span>input <span class=\"_ _0\"></span>applicati <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valutazione <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>recente, <span class=\"_ _0\"></span>raccordando <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>informazioni <span class=\"_ _4\"></span>utilizzate ne<span class=\"_ _0\"></span>lla<span class=\"_ _75\"> </span> valutazione ai contratti e agli <span class=\"_ _0\"></span>altri docum<span class=\"_ _0\"></span>enti rilevanti.  <span class=\"_ _0\"></span> La Direzione finanziaria di <span class=\"_ _2\"></span>Gruppo effettua una comparazione tra ogni variazione <span class=\"_ _2\"></span>nel fair value di <span class=\"_ _2\"></span>ciascuna attivit\u00e0 e passivit\u00e0 e le fonti<span class=\"_ _75\"> </span> esterne rilevanti, al fine di deter<span class=\"_ _0\"></span>minare se la va<span class=\"_ _0\"></span>riazione sia ragionev<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>.  Ai fini dell\u2019informativa <span class=\"_ _0\"></span>relativa <span class=\"_ _0\"></span>al fair <span class=\"_ _0\"></span>value, il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>determina le classi di <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e passivit\u00e0 <span class=\"_ _0\"></span>sulla b<span class=\"_ _0\"></span>ase della <span class=\"_ _0\"></span>natur<span class=\"_ _3\"></span><span class=\"ff4\">a, caratter<span class=\"_ _0\"></span>istiche e<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>rischi dell\u2019attivit\u00e0 o della pass<span class=\"_ _0\"></span>ivit\u00e0 ed il livello del<span class=\"_ _0\"></span>la gerarchia del fair<span class=\"_ _0\"></span> value come pr<span class=\"_ _0\"></span>ecedentemente illu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span><span class=\"ff4\">trato. </span><span class=\"ff4\"> </span>Nella seguente tabella \u00e8 <span class=\"_ _2\"></span>riportata la gerarchia della valutazione del <span class=\"ff3\">fair value</span> per attivit\u00e0 e passivit\u00e0 della Societ\u00e0 <span class=\"_ _2\"></span>al 31 dicembre <span class=\"ls3\">202</span>5<span class=\"_ _75\"> </span> e al 31 dicembre 20<span class=\"_ _0\"></span>24. <table class=\"s w314 h26b\" id=\"_085507e9-8c72-43cb-9baf-2ce3fd7f5ee8\"><tr><td class=\"c x195 y15f9 w1c2 h1cb\"><div class=\"t m0 x2b h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1cb y15f9 w1c3 h1cb\"><div class=\"t m0 x72 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y15f9 w1c4 h1cb\"><div class=\"t m0 x52 h35 y830 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y15fb w315 h26c\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fc w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y15fd w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y15fe w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y15fe w1c3 h1c0\"><div class=\"t m0 x77 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c8 y15fe w1c4 h1c0\"><div class=\"t m0 x54 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d2 y15fe w16f h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c6 y15fe w1c5 h1c0\"><div class=\"t m0 x47 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y15fe w1ab h1c0\"><div class=\"t m0 x27 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y15ff w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y15ff w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y15ff w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y15ff w16f h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td></td><td></td></tr><tr><td class=\"c x195 y1600 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1600 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c8 y1600 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1d2 y1600 w16f h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1c6 y1600 w1c5 h1c0\"><div class=\"t m0 x47 h1cc y87e ff5 fs9 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d3 y1600 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1601 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1602 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y1602 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td class=\"c x1c8 y1602 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td><td class=\"c x1c6 y1602 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 72.736.116  </div></td><td></td></tr><tr><td class=\"c x195 y1603 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1603 w1c3 h1c0\"><div class=\"t m0 x79 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td class=\"c x1c8 y1603 w1c4 h1c0\"><div class=\"t m0 x31 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td><td class=\"c x1c6 y1603 w1c5 h1c0\"><div class=\"t m0 x68 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 12.752.615  </div></td><td></td></tr><tr><td class=\"c x195 y1604 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1604 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td class=\"c x1c8 y1604 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td><td class=\"c x1c6 y1604 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 899.666  </div></td><td></td></tr><tr><td class=\"c x195 y1605 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1605 w1c3 h1c0\"><div class=\"t m0 x76 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td class=\"c x1c8 y1605 w1c4 h1c0\"><div class=\"t m0 x49 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td><td class=\"c x1c6 y1605 w1c5 h1c0\"><div class=\"t m0 x60 h1c y508 ff4 fs9 fc1 sc0 ls0 ws0\"> 390.589  </div></td><td></td></tr><tr><td class=\"c x195 y1606 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1606 w1c3 h1c0\"><div class=\"t m0 x79 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1c8 y1606 w1c4 h1c0\"><div class=\"t m0 x31 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d2 y1606 w16f h1c0\"><div class=\"t m0 x27 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span> </div></td><td class=\"c x1c6 y1606 w1c5 h1c0\"><div class=\"t m0 x68 h1cc y508 ff5 fs9 fc1 sc0 ls0 ws0\"> 86.778.987  </div></td><td class=\"c x1d3 y1606 w1ab h1c0\"><div class=\"t m0 x27 h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr></table><table class=\"s w314 h26e\" id=\"_7badedfb-66fe-47f7-bcc8-367bf9f971d9\"><tr><td class=\"c x195 y1607 w1c2 hb1\"><div class=\"t m0 x2b h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1cb y1607 w1c3 hb1\"><div class=\"t m0 x72 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1607 w1c4 hb1\"><div class=\"t m0 x52 h35 y2c0 ff5 fs2 fc1 sc0 ls0 ws0\">Valore contabile </div></td><td class=\"c x1cc y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1cd y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td><td class=\"c x1ce y1608 w315 h26f\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Fair value<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y1609 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie </div></td><td></td><td></td><td class=\"c x1cf y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 1<span class=\"_ _75\"> </span></div></td><td class=\"c x1d0 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 2<span class=\"_ _75\"> </span></div></td><td class=\"c x1d1 y160a w316 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">livello 3<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y160b w1c2 h1cd\"><div class=\"t m0 x2b h7 y1035 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 finanziarie correnti </div></td><td class=\"c x1cb y160b w1c3 h1cd\"><div class=\"t m0 x77 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160b w1c4 h1cd\"><div class=\"t m0 x54 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160b w16f h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160b w1c5 h1cd\"><div class=\"t m0 x47 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160b w1ab h1cd\"><div class=\"t m0 x27 h7 y1036 ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160c w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1cb y160c w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160c w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160c w16f h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160c w1c5 h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160c w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160d w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 finanziarie </div></td><td class=\"c x1cb y160d w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160d w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160d w16f h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 19.210.213 <span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160d w1c5 h1c0\"><div class=\"t m0 x47 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160d w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y160e w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y160f w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1cb y160f w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y160f w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y160f w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y160f w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 34.987.777 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y160f w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1610 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1cb y1610 w1c3 h1c0\"><div class=\"t m0 x79 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1610 w1c4 h1c0\"><div class=\"t m0 x31 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1610 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1610 w1c5 h1c0\"><div class=\"t m0 x68 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 18.367.370 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1610 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1611 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1cb y1611 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1611 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1611 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1611 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 847.512 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1611 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1612 w1c2 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1cb y1612 w1c3 h1c0\"><div class=\"t m0 x76 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1612 w1c4 h1c0\"><div class=\"t m0 x49 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1612 w16f h1c0\"><div class=\"t m0 x47 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1612 w1c5 h1c0\"><div class=\"t m0 x60 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\"> 325.230 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1612 w1ab h1c0\"><div class=\"t m0 x27 h7 y87e ff4 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr><tr><td class=\"c x195 y1613 w1c2 h1c0\"><div class=\"t m0 x2b h35 y6e4 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1cb y1613 w1c3 h1c0\"><div class=\"t m0 x79 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1c8 y1613 w1c4 h1c0\"><div class=\"t m0 x31 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d2 y1613 w16f h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> -<span class=\"ls37\">  </span><span class=\"ls37\"> </span><span class=\"fs2\"> </span></div></td><td class=\"c x1c6 y1613 w1c5 h1c0\"><div class=\"t m0 x68 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\"> 54.527.890 <span class=\"fs2\"> </span></div></td><td class=\"c x1d3 y1613 w1ab h1c0\"><div class=\"t m0 x27 h35 y87e ff5 fs9 fc1 sc0 ls0 ws0\">-<span class=\"fs2\"> </span></div></td></tr></table>Il management della <span class=\"_ _0\"></span>Societ\u00e0 ha v<span class=\"_ _0\"></span>erificato che il Fair Value de<span class=\"_ _0\"></span>lle attivit\u00e0 e pa<span class=\"_ _0\"></span>ssivit\u00e0 finanziarie appros<span class=\"_ _0\"></span>sima il valore contabile.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-325": {
   "value": "1.4.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Ricavi proven<span class=\"_ _0\"></span>ienti da contratti con clien<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il Gruppo<span class=\"_ _0\"></span>. si occup<span class=\"_ _0\"></span>a d<span class=\"_ _0\"></span>ello sv<span class=\"_ _0\"></span>iluppo <span class=\"_ _0\"></span>e della <span class=\"_ _0\"></span>produzione <span class=\"_ _0\"></span>in con<span class=\"_ _0\"></span>to terz<span class=\"_ _0\"></span>i (<span class=\"_ _0\"></span><span class=\"ff3\">contract <span class=\"_ _0\"></span>development <span class=\"_ _0\"></span>and man<span class=\"_ _0\"></span>ufacturing <span class=\"_ _0\"></span>organization<span class=\"_ _0\"></span><span class=\"ff6\">, <span class=\"_ _0\"></span>\u2018CDMO\u2019)<span class=\"_ _75\"> </span></span></span><span class=\"ff3\"><span class=\"ff6\"> </span></span>di forme <span class=\"ff6\">solide orali de<span class=\"_ _0\"></span>stinate all\u2019ind<span class=\"_ _0\"></span>ustria farmaceutica<span class=\"_ _0\"></span></span>, nutraceuti<span class=\"_ _0\"></span>ca e cosmetica<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> I <span class=\"_ _0\"></span>ricavi <span class=\"_ _0\"></span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>clienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _0\"></span>quando<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>controllo <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>beni <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>trasferito <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>client<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>gene<span class=\"_ _0\"></span>ralment<span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>consegna,<span class=\"_ _75\"> </span> per un ammontar<span class=\"_ _0\"></span>e che riflette il corr<span class=\"_ _0\"></span>ispettivo che la Soc<span class=\"_ _0\"></span>iet\u00e0 si aspetta di r<span class=\"_ _0\"></span>icevere in cambio di tali be<span class=\"_ _0\"></span>ni.<span class=\"_ _75\"> </span> La<span class=\"ls0\"> <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>sidera <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>ci <span class=\"_ _3\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>altre <span class=\"_ _4\"></span>promesse <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>contratto <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>rapprese<span class=\"_ _0\"></span>ntano <span class=\"_ _4\"></span>obbligazioni <span class=\"_ _4\"></span>contrattuali<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>sulle <span class=\"_ _4\"></span>quali <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>del<span class=\"_ _75\"> </span></span><span class=\"ls0\"> </span>corrispettivo <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ve <span class=\"_ _4\"></span>essere <span class=\"_ _4\"></span>allocato. <span class=\"_ _4\"></span>Nel <span class=\"_ _4\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>prezzo <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _4\"></span>transazione <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _4\"></span>de<span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>prodotti<span class=\"ls4\">, <span class=\"_ _4\"></span><span class=\"ls7\">la</span></span> <span class=\"_ _4\"></span>Societ\u00e0<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> considera gli eventuali effetti <span class=\"_ _0\"></span>derivanti dalla presenza di co<span class=\"_ _0\"></span>rrispettivi variabili<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>di component<span class=\"_ _0\"></span>i finanziarie significative.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Se il corrispettivo promesso nel contratto include un importo variabile, <span class=\"ls7\">la</span> Societ\u00e0 <span class=\"ff6\">stima l\u2019importo del corrispettivo variabile al momento<span class=\"_ _75\"> </span></span><span class=\"ff6\"><span class=\"_ _0\"></span> </span>della <span class=\"_ _3\"></span>stipula <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>atto. <span class=\"_ _3\"></span>Tale <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>rilevato <span class=\"_ _3\"></span>fino <span class=\"_ _4\"></span>a <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ando <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>altamente <span class=\"_ _4\"></span>probabile <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span>riconoscime<span class=\"_ _0\"></span>nto <span class=\"_ _3\"></span>tenu<span class=\"_ _3\"></span>to <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span> quanto concordato.<span class=\"_ _75\"> </span><span class=\"ls0\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-326": {
   "value": "1.4.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Imposte su<span class=\"_ _0\"></span>l reddito<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Imposte correnti<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le <span class=\"_ _4\"></span>imposte <span class=\"_ _4\"></span>correnti <span class=\"_ _5\"></span>attive <span class=\"_ _4\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>passive <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>valutate <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>l\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>ci <span class=\"_ _5\"></span>si <span class=\"_ _4\"></span>attende<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>r<span class=\"_ _0\"></span>ecuperare <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>cor<span class=\"_ _0\"></span>risponde<span class=\"_ _3\"></span><span class=\"ff4\">re <span class=\"_ _5\"></span>alle<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>autorit\u00e0 <span class=\"_ _0\"></span>fiscali. <span class=\"_ _3\"></span>Le <span class=\"_ _0\"></span>aliquote <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ormativa <span class=\"_ _3\"></span>fiscale <span class=\"_ _0\"></span>utilizzate <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>colare <span class=\"_ _0\"></span>l\u2019importo <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>elle <span class=\"_ _0\"></span>ema<span class=\"_ _0\"></span>nate, <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>sostanzialme<span class=\"_ _0\"></span><span class=\"ff4\">nte<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>vigor<span class=\"_ _0\"></span>e,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>alla data di chiusura di bilan<span class=\"_ _0\"></span>cio nei paesi dove<span class=\"_ _0\"></span> il Gruppo opera e g<span class=\"_ _0\"></span>enera il prop<span class=\"_ _0\"></span>rio reddito imponibile. <span class=\"_ _0\"></span> Le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>correnti <span class=\"_ _0\"></span>relative <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ementi <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tto <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>anch\u2019e<span class=\"_ _0\"></span>sse <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>netto <span class=\"_ _4\"></span><span class=\"ff4\">e <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>nel<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>prospetto <span class=\"_ _0\"></span>dell\u2019utile/(perdita) <span class=\"_ _0\"></span>d\u2019eser<span class=\"_ _0\"></span>cizio. Il <span class=\"_ _0\"></span>Man<span class=\"_ _0\"></span>agement <span class=\"_ _0\"></span>periodicamente <span class=\"_ _0\"></span>valuta<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sizione assun<span class=\"_ _0\"></span>ta <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>dichiarazione <span class=\"_ _3\"></span><span class=\"ff4\">de<span class=\"_ _0\"></span>i r<span class=\"_ _0\"></span>edditi <span class=\"_ _0\"></span>nei<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>casi in cui le norme fiscali siano<span class=\"_ _0\"></span> soggette ad<span class=\"_ _0\"></span> interpretazioni e, ove <span class=\"_ _0\"></span>appropriato, pr<span class=\"_ _0\"></span>ovvede a stanziare degli accanton<span class=\"_ _0\"></span>amenti<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> Imposte differite<span class=\"_ _75\"> </span> Le imposte differite sono calcolate <span class=\"_ _0\"></span>applicando il cosiddetto \u201cliability<span class=\"_ _0\"></span> method\u201d alle differen<span class=\"_ _0\"></span>ze temporanee alla data di bilan<span class=\"_ _0\"></span><span class=\"ff4\">cio tra i va<span class=\"_ _0\"></span>lori<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>fiscali delle attivit\u00e0 e delle pa<span class=\"_ _0\"></span>ssivit\u00e0 e i cor<span class=\"_ _0\"></span>rispondenti valori di bilan<span class=\"_ _0\"></span>cio. <span class=\"_ _0\"></span> Le imposte differite passive sono <span class=\"_ _0\"></span>rilevate su tutte le differ<span class=\"_ _0\"></span>enze tempo<span class=\"_ _0\"></span>ranee tassabili, con le seguent<span class=\"_ _0\"></span>i eccezioni:<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>rilevazione <span class=\"_ _0\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>dell\u2019a<span class=\"_ _0\"></span>vviamento <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>transazi<span class=\"_ _0\"></span><span class=\"ff4\">one<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span></span>che non <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>appresenta un\u2019aggregazione aziendale e, <span class=\"_ _2\"></span>al tempo della <span class=\"_ _2\"></span>transazion<span class=\"_ _0\"></span>e stessa, <span class=\"_ _2\"></span>non influenza n\u00e9 il <span class=\"_ _8\"></span>risu<span class=\"_ _0\"></span>ltato di bilancio<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>n\u00e9 il risultato fiscale;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>riversamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>tempor<span class=\"_ _0\"></span>anee <span class=\"_ _4\"></span>imponibili, <span class=\"_ _4\"></span>associate <span class=\"_ _5\"></span>a <span class=\"_ _4\"></span>partecipazioni <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>controllate, <span class=\"_ _4\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span><span class=\"ff3\">joint<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff3\"><span class=\"_ _0\"></span> </span></span></span>venture<span class=\"ff4 ls4\">, pu\u00f2 essere controllato, ed \u00e8 probab<span class=\"_ _0\"></span>ile che esso non si verifichi nel prevedibile futuro.<span class=\"_ _75\"> </span></span><span class=\"ff4 ls4\"><span class=\"_ _0\"></span><span class=\"ls0\"> </span></span>Le <span class=\"_ _8\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>differite attive <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>rilevate <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fronte <span class=\"_ _8\"></span>di tutte <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>differenze <span class=\"_ _2\"></span>temporanee <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ducibili, <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>crediti <span class=\"_ _8\"></span>e delle <span class=\"_ _8\"></span>perdite fiscali <span class=\"_ _8\"></span>non <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span> e riportabili a nuovo, <span class=\"_ _2\"></span>nella misura in cui sia probabile che saranno disponibili sufficienti imponibili<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>ali futuri, che possano consentire<span class=\"_ _75\"> </span> l\u2019utilizzo delle differenze tem<span class=\"_ _0\"></span>poranee d<span class=\"_ _0\"></span>educibili e dei crediti e <span class=\"_ _0\"></span>delle perdite fiscali ripor<span class=\"_ _0\"></span>tati a nuovo, e<span class=\"_ _0\"></span>ccetto i casi in <span class=\"_ _3\"></span><span class=\"ff4\">cui:<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _8\"></span>differita <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>iva <span class=\"_ _8\"></span>collegata<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>differenze <span class=\"_ _8\"></span>temporan<span class=\"_ _0\"></span>ee <span class=\"_ _8\"></span>dedu<span class=\"_ _0\"></span>cibili <span class=\"_ _8\"></span>deriva<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dalla <span class=\"_ _8\"></span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span></span>in <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansazione <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019aggregazione <span class=\"_ _3\"></span>aziendal<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tempo <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>transazione <span class=\"_ _3\"></span>stessa, <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>influ<span class=\"_ _0\"></span>isce <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _75\"> </span> sul risultato di bilancio, n\u00e9 su<span class=\"_ _0\"></span>l risultato fiscale;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temporanee <span class=\"_ _3\"></span>deducibili <span class=\"_ _4\"></span>associate <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partecipazioni <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollate, <span class=\"_ _3\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span><span class=\"ff3\">joint <span class=\"_ _3\"></span>ventur<span class=\"_ _0\"></span>e</span>, <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>attive <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>solo <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isura <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sia <span class=\"_ _3\"></span>probabile <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esse <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riverser<span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>futuro <span class=\"_ _0\"></span>prevedibile<span class=\"_ _3\"></span> <span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span><span class=\"ls9\"> </span>che vi saranno sufficienti <span class=\"_ _0\"></span>imponibili fiscali che <span class=\"_ _0\"></span>consentano il recuper<span class=\"_ _0\"></span>o di tali differenze tem<span class=\"_ _0\"></span>poranee.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>carico <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>oste <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _3\"></span>attive <span class=\"_ _3\"></span>viene <span class=\"_ _3\"></span>riesaminato <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ciascuna <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ridott<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>misura <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cu<span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> probabile che <span class=\"_ _8\"></span>saranno disponibili <span class=\"_ _8\"></span>in futuro <span class=\"_ _8\"></span>sufficienti imponibili <span class=\"_ _8\"></span>fiscali da <span class=\"_ _8\"></span>perm<span class=\"_ _0\"></span>ettere <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>tutto <span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>in parte <span class=\"_ _8\"></span>l\u2019utiliz<span class=\"_ _0\"></span><span class=\"ff4\">zo <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>tale <span class=\"_ _2\"></span>credito. Le <span class=\"_ _8\"></span>imposte<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>differite <span class=\"_ _0\"></span>attive <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>riesam<span class=\"_ _0\"></span>inate <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>diventa <span class=\"_ _0\"></span>probabile<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>redditi<span class=\"_ _75\"> </span> fiscali saranno sufficienti a co<span class=\"_ _0\"></span>nsentire il recupe<span class=\"_ _0\"></span>ro di tali imposte diff<span class=\"_ _0\"></span>erite attive<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Le imposte differite attive e passive sono misurate in base alle aliquote fiscali che si attende sarann<span class=\"_ _0\"></span>o applicate nell\u2019eserc<span class=\"_ _0\"></span><span class=\"ff4\">izio in cui tali<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>attivit\u00e0 si realizzeranno o <span class=\"_ _2\"></span>tali passivit\u00e0 si estingueranno, consideran<span class=\"_ _0\"></span>do le aliquote in <span class=\"_ _2\"></span>vigore e quelle gi\u00e0 emana<span class=\"_ _0\"></span>te, o sostanzialmente in<span class=\"_ _75\"> </span> vigore, alla data di bilancio.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le imposte differite relative ad<span class=\"_ _0\"></span> elementi rilevati al di fuori del conto economico sono anch\u2019esse r<span class=\"_ _0\"></span>ilevate al di fuor<span class=\"_ _0\"></span>i del co<span class=\"_ _0\"></span><span class=\"ff4\">nto econo<span class=\"_ _0\"></span>mico<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>e, quindi, nel patrimonio ne<span class=\"_ _0\"></span>tto o nel conto eco<span class=\"_ _0\"></span>nomico complessivo, <span class=\"_ _0\"></span>coerentemen<span class=\"_ _0\"></span>te con l\u2019elemento cui si r<span class=\"_ _0\"></span>iferiscono.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span><span class=\"ff4\"> </span>I benefici <span class=\"_ _0\"></span>fiscali acqu<span class=\"_ _0\"></span>isiti a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>di un\u2019agg<span class=\"_ _0\"></span>regazione azien<span class=\"_ _0\"></span>dale, <span class=\"_ _0\"></span>ma che <span class=\"_ _0\"></span>non soddisfan<span class=\"_ _0\"></span>o i <span class=\"_ _0\"></span>criteri p<span class=\"_ _0\"></span>er la <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>separ<span class=\"_ _3\"></span><span class=\"ff4\">ata alla <span class=\"_ _0\"></span>data<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>di <span class=\"_ _6\"> </span>acquisizione, <span class=\"_ _6\"> </span>sono <span class=\"_ _6\"> </span>eve<span class=\"_ _0\"></span>ntualmente <span class=\"_ _f\"> </span>riconosciuti  succe<span class=\"_ _0\"></span>ssivamente, <span class=\"_ _6\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _6\"> </span>momento <span class=\"_ _6\"> </span>in <span class=\"_ _6\"> </span>cui <span class=\"_ _6\"> </span>si <span class=\"_ _6\"> </span>ot<span class=\"_ _0\"></span>tengono <span class=\"_ _6\"> </span>nuove <span class=\"_ _6\"> </span>infor<span class=\"_ _0\"></span>mazioni <span class=\"_ _f\"> </span>sui<span class=\"_ _75\"> </span> cambiamenti <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fatti <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>ostanze. <span class=\"_ _3\"></span>L\u2019aggiustamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>riconosciuto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>dell\u2019avviamen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>concorrenza <span class=\"_ _3\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>valore<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>dell\u2019avviamento), <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>caso <span class=\"_ _10\"> </span>in <span class=\"_ _f\"> </span>cui <span class=\"_ _10\"> </span>sia <span class=\"_ _f\"> </span>rilevato <span class=\"_ _10\"> </span>durante <span class=\"_ _f\"> </span>il <span class=\"_ _10\"> </span>periodo <span class=\"_ _f\"> </span>di <span class=\"_ _10\"> </span>misurazione, <span class=\"_ _10\"> </span>ovvero <span class=\"_ _f\"> </span>nel <span class=\"_ _10\"> </span>conto <span class=\"_ _f\"> </span>econom<span class=\"_ _0\"></span>ico, <span class=\"_ _f\"> </span>se <span class=\"_ _f\"> </span>rilev<span class=\"_ _0\"></span>a<span class=\"_ _3\"></span><span class=\"ff4\">to<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>successivamente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>compensa imposte <span class=\"_ _8\"></span>differite <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _8\"></span>ed <span class=\"_ _2\"></span>imposte <span class=\"_ _2\"></span>differite <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _8\"></span>se <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>solo se <span class=\"_ _8\"></span>esiste <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>diritto <span class=\"_ _2\"></span>legale <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>consente di <span class=\"_ _2\"></span>compensare<span class=\"_ _75\"> </span> imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>imposte <span class=\"_ _4\"></span>differite <span class=\"_ _4\"></span>attive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>passive <span class=\"_ _3\"></span>facciano <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>imp<span class=\"_ _3\"></span>oste <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>reddito<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> dovute alla stessa autorit\u00e0 fiscale <span class=\"_ _8\"></span>dallo stesso soggetto contribuente o da soggetti <span class=\"_ _2\"></span>contribuenti diversi che intendono saldare le attivit\u00e0<span class=\"_ _75\"> </span> e <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>fiscali <span class=\"_ _4\"></span>correnti <span class=\"_ _4\"></span>su <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>netta <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>realizzare <span class=\"_ _4\"></span>l\u2019attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>sa<span class=\"_ _0\"></span>ldare <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>contempor<span class=\"_ _3\"></span><span class=\"ff4\">aneamente, <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ogni<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>periodo futuro nel qua<span class=\"_ _0\"></span>le ci si attende che le at<span class=\"_ _0\"></span>tivit\u00e0 e passivit\u00e0 per <span class=\"_ _0\"></span>imposte differite siano sa<span class=\"_ _0\"></span>ldate o recupe<span class=\"_ _0\"></span>rate.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Imposte indirette<span class=\"_ _75\"> </span> I costi, <span class=\"_ _0\"></span>i ricavi, le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e le passivit\u00e0 <span class=\"_ _0\"></span>sono rilevati <span class=\"_ _0\"></span>al netto <span class=\"_ _0\"></span>delle imposte <span class=\"_ _0\"></span>indirette, qu<span class=\"_ _0\"></span>ali l\u2019imposta <span class=\"_ _0\"></span>sul valore <span class=\"_ _0\"></span>aggi<span class=\"_ _0\"></span><span class=\"ff4\">un<span class=\"_ _0\"></span>to, con <span class=\"_ _0\"></span>le seguenti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>eccezioni:<span class=\"_ _75\"> </span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _3\"></span>applicata <span class=\"_ _3\"></span>all\u2019acqu<span class=\"_ _0\"></span>isto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>ni <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>servizi <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>indetraibile; <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>tal <span class=\"_ _3\"></span>caso <span class=\"_ _4\"></span>essa <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _4\"></span>rilevata <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>parte <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>acquis<span class=\"_ _3\"></span><span class=\"ff4 ls4\">to<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4 ls4\"> </span></span></span>dell\u2019attivit\u00e0 o parte del costo ri<span class=\"_ _0\"></span>levato nel cont<span class=\"_ _0\"></span>o economico;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i crediti e i debiti commerciali incl<span class=\"_ _0\"></span>udono l\u2019imposta indiretta<span class=\"_ _0\"></span> applicabile.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>L\u2019ammontare netto d<span class=\"_ _0\"></span>elle imposte indirett<span class=\"_ _0\"></span>e da recuperare o<span class=\"_ _0\"></span> da pagare all\u2019Erario \u00e8 incluso ne<span class=\"_ _0\"></span>l bilancio <span class=\"_ _0\"></span>trai crediti ovvero tra<span class=\"_ _3\"></span><span class=\"ff4\"> i debiti.<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-348": {
   "value": "Imposte differite<span class=\"_ _75\"> </span>Le imposte differite sono calcolate <span class=\"_ _0\"></span>applicando il cosiddetto \u201cliability<span class=\"_ _0\"></span> method\u201d alle differen<span class=\"_ _0\"></span>ze temporanee alla data di bilan<span class=\"_ _0\"></span><span class=\"ff4\">cio tra i va<span class=\"_ _0\"></span>lori<span class=\"_ _75\"> </span></span>fiscali delle attivit\u00e0 e delle pa<span class=\"_ _0\"></span>ssivit\u00e0 e i cor<span class=\"_ _0\"></span>rispondenti valori di bilan<span class=\"_ _0\"></span>cio. Le imposte differite passive sono <span class=\"_ _0\"></span>rilevate su tutte le differ<span class=\"_ _0\"></span>enze tempo<span class=\"_ _0\"></span>ranee tassabili, con le seguent<span class=\"_ _0\"></span>i eccezioni:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">le <span class=\"_ _0\"></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>passive <span class=\"_ _0\"></span>deriva<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>rilevazione <span class=\"_ _0\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>dell\u2019a<span class=\"_ _0\"></span>vviamento <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>una <span class=\"_ _3\"></span>transazi<span class=\"_ _0\"></span><span class=\"ff4\">one<span class=\"_ _75\"> </span></span></span></span>che non <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>appresenta un\u2019aggregazione aziendale e, <span class=\"_ _2\"></span>al tempo della <span class=\"_ _2\"></span>transazion<span class=\"_ _0\"></span>e stessa, <span class=\"_ _2\"></span>non influenza n\u00e9 il <span class=\"_ _8\"></span>risu<span class=\"_ _0\"></span>ltato di bilancio<span class=\"_ _75\"> </span>n\u00e9 il risultato fiscale;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>riversamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>tempor<span class=\"_ _0\"></span>anee <span class=\"_ _4\"></span>imponibili, <span class=\"_ _4\"></span>associate <span class=\"_ _5\"></span>a <span class=\"_ _4\"></span>partecipazioni <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>controllate, <span class=\"_ _4\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span><span class=\"ff3\">joint<span class=\"_ _75\"> </span></span></span></span>venture<span class=\"ff4 ls4\">, pu\u00f2 essere controllato, ed \u00e8 probab<span class=\"_ _0\"></span>ile che esso non si verifichi nel prevedibile futuro.<span class=\"_ _75\"> </span></span>Le <span class=\"_ _8\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>differite attive <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>rilevate <span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>fronte <span class=\"_ _8\"></span>di tutte <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>differenze <span class=\"_ _2\"></span>temporanee <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>ducibili, <span class=\"_ _8\"></span>dei <span class=\"_ _2\"></span>crediti <span class=\"_ _8\"></span>e delle <span class=\"_ _8\"></span>perdite fiscali <span class=\"_ _8\"></span>non <span class=\"_ _2\"></span>utilizzate<span class=\"_ _75\"> </span>e riportabili a nuovo, <span class=\"_ _2\"></span>nella misura in cui sia probabile che saranno disponibili sufficienti imponibili<span class=\"_ _0\"></span> fisc<span class=\"_ _0\"></span>ali futuri, che possano consentire<span class=\"_ _75\"> </span>l\u2019utilizzo delle differenze tem<span class=\"_ _0\"></span>poranee d<span class=\"_ _0\"></span>educibili e dei crediti e <span class=\"_ _0\"></span>delle perdite fiscali ripor<span class=\"_ _0\"></span>tati a nuovo, e<span class=\"_ _0\"></span>ccetto i casi in <span class=\"_ _3\"></span><span class=\"ff4\">cui:<span class=\"_ _75\"> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l\u2019imposta <span class=\"_ _8\"></span>differita <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>iva <span class=\"_ _8\"></span>collegata<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>differenze <span class=\"_ _8\"></span>temporan<span class=\"_ _0\"></span>ee <span class=\"_ _8\"></span>dedu<span class=\"_ _0\"></span>cibili <span class=\"_ _8\"></span>deriva<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dalla <span class=\"_ _8\"></span>rilevazion<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>inizia<span class=\"_ _0\"></span>le <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span>\u2019attivit\u00e0 <span class=\"_ _8\"></span>o<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _8\"></span>passivit\u00e0<span class=\"_ _75\"> </span></span></span></span>in <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansazione <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>non <span class=\"_ _3\"></span>rappresenta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>un\u2019aggregazione <span class=\"_ _3\"></span>aziendal<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e, <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>tempo <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>transazione <span class=\"_ _3\"></span>stessa, <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>influ<span class=\"_ _0\"></span>isce <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _75\"> </span>sul risultato di bilancio, n\u00e9 su<span class=\"_ _0\"></span>l risultato fiscale;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">nel <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>temporanee <span class=\"_ _3\"></span>deducibili <span class=\"_ _4\"></span>associate <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>partecipazioni <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>ollate, <span class=\"_ _3\"></span>collegate <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span><span class=\"ff3\">joint <span class=\"_ _3\"></span>ventur<span class=\"_ _0\"></span>e</span>, <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span></span></span>imposte <span class=\"_ _0\"></span>differite <span class=\"_ _3\"></span>attive <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>rilevate <span class=\"_ _3\"></span>solo <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>isura <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>sia <span class=\"_ _3\"></span>probabile <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>esse <span class=\"_ _0\"></span>si <span class=\"_ _3\"></span>riverser<span class=\"_ _0\"></span>anno <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>futuro <span class=\"_ _0\"></span>prevedibile<span class=\"_ _3\"></span> <span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span>che vi saranno sufficienti <span class=\"_ _0\"></span>imponibili fiscali che <span class=\"_ _0\"></span>consentano il recuper<span class=\"_ _0\"></span>o di tali differenze tem<span class=\"_ _0\"></span>poranee.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>carico <span class=\"_ _0\"></span>delle<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>oste <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ifferite <span class=\"_ _3\"></span>attive <span class=\"_ _3\"></span>viene <span class=\"_ _3\"></span>riesaminato <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ciascuna <span class=\"_ _3\"></span>data <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>bilanc<span class=\"_ _0\"></span>io <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>ridott<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>nella <span class=\"_ _3\"></span>misura <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cu<span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>sia <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span>probabile che <span class=\"_ _8\"></span>saranno disponibili <span class=\"_ _8\"></span>in futuro <span class=\"_ _8\"></span>sufficienti imponibili <span class=\"_ _8\"></span>fiscali da <span class=\"_ _8\"></span>perm<span class=\"_ _0\"></span>ettere <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>tutto <span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>in parte <span class=\"_ _8\"></span>l\u2019utiliz<span class=\"_ _0\"></span><span class=\"ff4\">zo <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>tale <span class=\"_ _2\"></span>credito. Le <span class=\"_ _8\"></span>imposte<span class=\"_ _75\"> </span></span>differite <span class=\"_ _0\"></span>attive <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>riesam<span class=\"_ _0\"></span>inate <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>misura <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _0\"></span>diventa <span class=\"_ _0\"></span>probabile<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>redditi<span class=\"_ _75\"> </span>fiscali saranno sufficienti a co<span class=\"_ _0\"></span>nsentire il recupe<span class=\"_ _0\"></span>ro di tali imposte diff<span class=\"_ _0\"></span>erite attive<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Le imposte differite attive e passive sono misurate in base alle aliquote fiscali che si attende sarann<span class=\"_ _0\"></span>o applicate nell\u2019eserc<span class=\"_ _0\"></span><span class=\"ff4\">izio in cui tali<span class=\"_ _75\"> </span></span>attivit\u00e0 si realizzeranno o <span class=\"_ _2\"></span>tali passivit\u00e0 si estingueranno, consideran<span class=\"_ _0\"></span>do le aliquote in <span class=\"_ _2\"></span>vigore e quelle gi\u00e0 emana<span class=\"_ _0\"></span>te, o sostanzialmente in<span class=\"_ _75\"> </span>vigore, alla data di bilancio.<span class=\"_ _75\"> </span>Le imposte differite relative ad<span class=\"_ _0\"></span> elementi rilevati al di fuori del conto economico sono anch\u2019esse r<span class=\"_ _0\"></span>ilevate al di fuor<span class=\"_ _0\"></span>i del co<span class=\"_ _0\"></span><span class=\"ff4\">nto econo<span class=\"_ _0\"></span>mico<span class=\"_ _75\"> </span></span>e, quindi, nel patrimonio ne<span class=\"_ _0\"></span>tto o nel conto eco<span class=\"_ _0\"></span>nomico complessivo, <span class=\"_ _0\"></span>coerentemen<span class=\"_ _0\"></span>te con l\u2019elemento cui si r<span class=\"_ _0\"></span>iferiscono.<span class=\"_ _75\"> </span>I benefici <span class=\"_ _0\"></span>fiscali acqu<span class=\"_ _0\"></span>isiti a segu<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>di un\u2019agg<span class=\"_ _0\"></span>regazione azien<span class=\"_ _0\"></span>dale, <span class=\"_ _0\"></span>ma che <span class=\"_ _0\"></span>non soddisfan<span class=\"_ _0\"></span>o i <span class=\"_ _0\"></span>criteri p<span class=\"_ _0\"></span>er la <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>separ<span class=\"_ _3\"></span><span class=\"ff4\">ata alla <span class=\"_ _0\"></span>data<span class=\"_ _75\"> </span></span>di <span class=\"_ _6\"> </span>acquisizione, <span class=\"_ _6\"> </span>sono <span class=\"_ _6\"> </span>eve<span class=\"_ _0\"></span>ntualmente <span class=\"_ _f\"> </span>riconosciuti  succe<span class=\"_ _0\"></span>ssivamente, <span class=\"_ _6\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _6\"> </span>momento <span class=\"_ _6\"> </span>in <span class=\"_ _6\"> </span>cui <span class=\"_ _6\"> </span>si <span class=\"_ _6\"> </span>ot<span class=\"_ _0\"></span>tengono <span class=\"_ _6\"> </span>nuove <span class=\"_ _6\"> </span>infor<span class=\"_ _0\"></span>mazioni <span class=\"_ _f\"> </span>sui<span class=\"_ _75\"> </span>cambiamenti <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>fatti <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>circ<span class=\"_ _0\"></span>ostanze. <span class=\"_ _3\"></span>L\u2019aggiustamento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>riconosciuto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>riduzione <span class=\"_ _3\"></span>dell\u2019avviamen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>(fino <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>concorrenza <span class=\"_ _3\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>valore<span class=\"_ _75\"> </span></span>dell\u2019avviamento), <span class=\"_ _f\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _f\"> </span>caso <span class=\"_ _10\"> </span>in <span class=\"_ _f\"> </span>cui <span class=\"_ _10\"> </span>sia <span class=\"_ _f\"> </span>rilevato <span class=\"_ _10\"> </span>durante <span class=\"_ _f\"> </span>il <span class=\"_ _10\"> </span>periodo <span class=\"_ _f\"> </span>di <span class=\"_ _10\"> </span>misurazione, <span class=\"_ _10\"> </span>ovvero <span class=\"_ _f\"> </span>nel <span class=\"_ _10\"> </span>conto <span class=\"_ _f\"> </span>econom<span class=\"_ _0\"></span>ico, <span class=\"_ _f\"> </span>se <span class=\"_ _f\"> </span>rilev<span class=\"_ _0\"></span>a<span class=\"_ _3\"></span><span class=\"ff4\">to<span class=\"_ _75\"> </span></span>successivamente.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>compensa imposte <span class=\"_ _8\"></span>differite <span class=\"_ _8\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _8\"></span>ed <span class=\"_ _2\"></span>imposte <span class=\"_ _2\"></span>differite <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _8\"></span>se <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>solo se <span class=\"_ _8\"></span>esiste <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>diritto <span class=\"_ _2\"></span>legale <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>consente di <span class=\"_ _2\"></span>compensare<span class=\"_ _75\"> </span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>imposte <span class=\"_ _3\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>ssive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>imposte <span class=\"_ _4\"></span>differite <span class=\"_ _4\"></span>attive <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>passive <span class=\"_ _3\"></span>facciano <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>imp<span class=\"_ _3\"></span>oste <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>reddito<span class=\"_ _75\"> </span>dovute alla stessa autorit\u00e0 fiscale <span class=\"_ _8\"></span>dallo stesso soggetto contribuente o da soggetti <span class=\"_ _2\"></span>contribuenti diversi che intendono saldare le attivit\u00e0<span class=\"_ _75\"> </span>e <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>fiscali <span class=\"_ _4\"></span>correnti <span class=\"_ _4\"></span>su <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>netta <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>realizzare <span class=\"_ _4\"></span>l\u2019attivit\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>sa<span class=\"_ _0\"></span>ldare <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _4\"></span>contempor<span class=\"_ _3\"></span><span class=\"ff4\">aneamente, <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>riferimento <span class=\"_ _4\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ogni<span class=\"_ _75\"> </span></span>periodo futuro nel qua<span class=\"_ _0\"></span>le ci si attende che le at<span class=\"_ _0\"></span>tivit\u00e0 e passivit\u00e0 per <span class=\"_ _0\"></span>imposte differite siano sa<span class=\"_ _0\"></span>ldate o recupe<span class=\"_ _0\"></span>rate.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-328": {
   "value": "1.4.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Operazioni e<span class=\"_ _0\"></span> saldi in va<span class=\"_ _0\"></span>luta estera<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le operazioni <span class=\"_ _2\"></span>in valuta <span class=\"_ _2\"></span>estera, se presenti, sono <span class=\"_ _2\"></span>rilevate<span class=\"_ _0\"></span> inizialmente <span class=\"_ _2\"></span>nella valuta funzionale, applicando <span class=\"_ _2\"></span>il tasso <span class=\"_ _2\"></span>di cambio a <span class=\"_ _8\"></span>pron<span class=\"_ _0\"></span>ti alla<span class=\"_ _75\"> </span> data dell\u2019operazione. <span class=\"ff4 ls0\"> </span>Le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>passivit\u00e0 m<span class=\"_ _0\"></span>onetarie, de<span class=\"_ _0\"></span>nominate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>estera, <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertite <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>valuta <span class=\"_ _0\"></span>funzionale <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>cambio <span class=\"_ _0\"></span>al<span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>data del<span class=\"_ _75\"> </span> bilancio.<span class=\"_ _75\"> </span> Le <span class=\"_ _4\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>cambio <span class=\"_ _5\"></span>realizzat<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>quelle <span class=\"_ _5\"></span>derivanti <span class=\"_ _5\"></span>dalla <span class=\"_ _5\"></span>conversione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>poste <span class=\"_ _4\"></span>m<span class=\"_ _0\"></span>onetarie <span class=\"_ _5\"></span>sono <span class=\"_ _4\"></span>ri<span class=\"_ _0\"></span>levate <span class=\"_ _4\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico.<span class=\"_ _4\"></span> <span class=\"_ _4\"></span><span class=\"ls3\">Le<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>imposte <span class=\"_ _6\"> </span>attribuibili  alle <span class=\"_ _6\"> </span>differenze <span class=\"_ _6\"> </span>cambio <span class=\"_ _6\"> </span>sugli <span class=\"_ _6\"> </span>elementi <span class=\"_ _6\"> </span>monetari  sono <span class=\"_ _6\"> </span>anch\u2019esse <span class=\"_ _6\"> </span>rilevate <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>prospetto <span class=\"_ _6\"> </span>di  conto <span class=\"_ _6\"> </span>economico<span class=\"_ _75\"> </span> co<span class=\"ls0\">mplessivo. Le <span class=\"_ _8\"></span>poste<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>non monetarie <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>al costo <span class=\"_ _2\"></span>storico in <span class=\"_ _8\"></span>val<span class=\"_ _0\"></span>uta <span class=\"_ _2\"></span>estera sono <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>vertite <span class=\"_ _2\"></span>ai tassi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>cambio <span class=\"_ _2\"></span>alla data <span class=\"_ _2\"></span>di rilevazione<span class=\"_ _75\"> </span></span><span class=\"ls0\"><span class=\"_ _0\"></span> </span>iniziale de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>transazione. <span class=\"_ _0\"></span>Le<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>moneta<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>iscritte <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>in valuta<span class=\"_ _0\"></span> e<span class=\"_ _0\"></span>stera <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>convertit<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>tasso <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>cambio <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> determinazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>valore. <span class=\"_ _0\"></span>L\u2019utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>perdita <span class=\"_ _3\"></span><span class=\"ff4\">che em<span class=\"_ _0\"></span>erge da<span class=\"_ _0\"></span>lla conversione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>poste <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>monetarie<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>trattato <span class=\"_ _0\"></span>coeren<span class=\"_ _0\"></span>temente con<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>la rilevazione degli ut<span class=\"_ _0\"></span>ili e de<span class=\"_ _0\"></span>lle perdite relative alla<span class=\"_ _0\"></span> variazione<span class=\"_ _0\"></span> del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>delle suddette po<span class=\"_ _0\"></span>ste (i.e. <span class=\"_ _0\"></span>le differenze d<span class=\"_ _0\"></span>i conversione <span class=\"_ _0\"></span>sulle<span class=\"_ _75\"> </span> voci la cui <span class=\"_ _0\"></span>variazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>\u00e8 rilevata<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico com<span class=\"_ _0\"></span>plessivo o <span class=\"_ _0\"></span>nel conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>sono rilevate, <span class=\"_ _0\"></span>rispettivamente,<span class=\"_ _75\"> </span> nel conto economico comples<span class=\"_ _0\"></span>sivo o nel cont<span class=\"_ _0\"></span>o economico).<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-327": {
   "value": "1.4.6<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Dividendi<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>La <span class=\"_ _9\"> </span><span class=\"ls0\">Societ\u00e0 <span class=\"_ _9\"> </span>Capogruppo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>rileva <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>pa<span class=\"_ _0\"></span>ssivit\u00e0 <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>fronte <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>paga<span class=\"_ _0\"></span>mento <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un <span class=\"_ _9\"> </span>dividendo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>quando <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>distribuzione <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>adeguatam<span class=\"_ _0\"></span>ente<span class=\"_ _75\"> </span></span><span class=\"ls0\"> </span>autorizzata <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>discrezione <span class=\"_ _4\"></span>della <span class=\"_ _5\"></span>Societ\u00e0. <span class=\"_ _4\"></span>In <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>iritto <span class=\"_ _4\"></span>societario <span class=\"_ _4\"></span>vigente <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>Europa, <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>distribuzione <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>autorizzat<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span> quando <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>approvata <span class=\"_ _3\"></span>dagli <span class=\"_ _3\"></span>azionis<span class=\"_ _0\"></span>ti. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>passi<span class=\"_ _0\"></span>vo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>come <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>opartita <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>riduzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>patr<span class=\"_ _0\"></span>imonio <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>alla <span class=\"_ _5\"></span>riserva<span class=\"_ _75\"> </span> indicata dal verbale assemblear<span class=\"_ _0\"></span>e.",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-329": {
   "value": "1.4.7<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Immobili im<span class=\"_ _0\"></span>pianti e macchinari<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Gli <span class=\"_ _3\"></span>immobili <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>costruz<span class=\"_ _0\"></span>ione <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>orico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>eventuali <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Gli <span class=\"_ _4\"></span>Immobili, <span class=\"_ _3\"></span>imp<span class=\"_ _0\"></span>ianti <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span> macchinari <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>sto <span class=\"_ _3\"></span>storico, <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>netto <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>relativo <span class=\"_ _4\"></span>fondo <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>amm<span class=\"_ _0\"></span>ortamento <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>cumulate. <span class=\"_ _3\"></span>Ta<span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>costo<span class=\"_ _75\"> </span> include <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>costi <span class=\"_ _2\"></span>per la <span class=\"_ _8\"></span>sostituzione di <span class=\"_ _8\"></span>parte <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>mac<span class=\"_ _0\"></span>chinar<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>impianti <span class=\"_ _2\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>mom<span class=\"_ _0\"></span>ento <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>sostenuti,<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>s<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>confor<span class=\"_ _0\"></span>mi <span class=\"_ _8\"></span>ai criteri <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>ri<span class=\"_ _0\"></span>levazione.<span class=\"_ _75\"> </span> Laddove sia necessar<span class=\"_ _0\"></span>ia la so<span class=\"_ _0\"></span>stituzione per<span class=\"_ _0\"></span>iodica<span class=\"_ _0\"></span> di parti signif<span class=\"_ _0\"></span>icative di <span class=\"_ _0\"></span>impianti e<span class=\"_ _0\"></span> macchinari<span class=\"lsa\">, </span>il Gruppo<span class=\"_ _0\"></span> li ammortiz<span class=\"_ _0\"></span>za separatamente<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> in <span class=\"_ _2\"></span>base <span class=\"_ _2\"></span>alla <span class=\"_ _2\"></span><span class=\"ff6\">specifica <span class=\"_ _2\"></span>vita <span class=\"_ _2\"></span>utile. Allo <span class=\"_ _8\"></span>stesso modo, <span class=\"_ _8\"></span>in occasione <span class=\"_ _8\"></span>di revisioni <span class=\"_ _8\"></span>impor<span class=\"_ _0\"></span>tanti, <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _2\"></span>incluso nel <span class=\"_ _8\"></span>valore contabile <span class=\"_ _8\"></span>dell\u2019im<span class=\"_ _0\"></span><span class=\"ff4\">piant<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>o del <span class=\"_ _8\"></span>macchin<span class=\"_ _0\"></span>ario come <span class=\"_ _2\"></span>nel caso della <span class=\"_ _8\"></span>sostitu<span class=\"_ _0\"></span>zione, laddove <span class=\"_ _2\"></span>sia soddisfatto il <span class=\"_ _8\"></span>criter<span class=\"_ _0\"></span>io per <span class=\"_ _8\"></span>la rilevazion<span class=\"_ _0\"></span>e. Tutti <span class=\"_ _2\"></span>gli <span class=\"_ _2\"></span>altri costi di riparazione<span class=\"_ _75\"> </span> e <span class=\"_ _3\"></span>man<span class=\"_ _0\"></span>utenzione <span class=\"_ _3\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>rilevati<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>conto <span class=\"_ _3\"></span>economico <span class=\"_ _4\"></span>quando <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>stenu<span class=\"_ _0\"></span>ti. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>valore <span class=\"_ _3\"></span>attuale <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>costo <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>smantellamento <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>rimozione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> bene al termine del suo utilizzo \u00e8 <span class=\"_ _0\"></span>incluso nel costo <span class=\"_ _0\"></span>del be<span class=\"_ _0\"></span>ne, se sono soddisfat<span class=\"_ _0\"></span>ti i criteri di rilevazion<span class=\"_ _0\"></span>e per un accanto<span class=\"_ _0\"></span>namento<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> L\u2019ammortamento \u00e8 ca<span class=\"_ _0\"></span>lcolato a quote costa<span class=\"_ _0\"></span>nti sulla vita utile stimata<span class=\"_ _0\"></span> del bene come se<span class=\"_ _0\"></span>gue:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><table class=\"s w317 h270\" id=\"_cbd3e37c-4486-4878-9073-096710be6f01\"><tr><td class=\"c x195 y1614 w1c6 h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Tabella delle aliquote di ammortamento </div></td><td class=\"c x1d4 y1615 w1c9 h39\"><div class=\"t m0 x6b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d5 y1615 w1ca h39\"><div class=\"t m0 x66 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1c5 y1615 w1cb h39\"><div class=\"t m0 x6a h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td></tr><tr><td class=\"c x195 y1616 w1c8 h1d0\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Fabbricati industriali, secondo la tipologia </div></td><td class=\"c x1d4 y1616 w1c9 h1d0\"><div class=\"t m0 x76 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">3%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1616 w1ca h1d0\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">5,50% </div></td><td class=\"c x1c5 y1616 w1cb h1d0\"><div class=\"t m0 x51 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">5.5% </div></td></tr><tr><td class=\"c x195 y1617 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Costruzioni leggere </div></td><td class=\"c x1d4 y1617 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1617 w1ca h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1618 w1c8 h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti generici, secondo la tipologia </div></td><td class=\"c x1d4 y1618 w1c9 h39\"><div class=\"t m0 x56 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">7,50% </div></td><td class=\"c x1d5 y1618 w1ca h39\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y1618 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">10%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1619 w318 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Impianti <span class=\"_ _10\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _1c\"> </span>macchinari <span class=\"_ _1c\"> </span>specifici, <span class=\"_ _1c\"> </span>secondo <span class=\"_ _1c\"> </span>la<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161a w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">14%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161a w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161a w1cb hb1\"><div class=\"t m0 x56 h7 y7ee ff4 fs2 fc1 sc0 ls0 ws0\">12.5% </div></td></tr><tr><td class=\"c x197 y161b w319 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y161c w31a h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Attrezzature <span class=\"_ _4\"></span>industriali <span class=\"_ _5\"></span>e <span class=\"_ _4\"></span>commerciali, <span class=\"_ _4\"></span>secondo<span class=\"_ _75\"> </span></div></td><td class=\"c x1d4 y161d w1c9 hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161d w1ca hb1\"><div class=\"t m0 x31 h7 y2c0 ff4 fs2 fc1 sc0 ls13 ws0\">40%<span class=\"ls0\"> </span></div></td><td class=\"c x1c5 y161d w1cb hb1\"><div class=\"t m0 x31 h7 y7ee ff4 fs2 fc1 sc0 ls13 ws0\">35%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y161e w31b h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">la tipologia<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y161f w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Mobili e arredi </div></td><td class=\"c x1d4 y161f w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y161f w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y161f w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">12%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1620 w1c8 h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Macchine elettroniche di ufficio </div></td><td class=\"c x1d4 y1620 w1c9 h39\"><div class=\"t m0 x31 h7 y6e5 ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1620 w1ca h39\"><div class=\"t m0 x72 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1620 w1cb h39\"><div class=\"t m0 x31 h7 y2cd ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1621 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autoveicoli da trasporto </div></td><td class=\"c x1d4 y1621 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1621 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1621 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">20%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1622 w1c8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Altri beni: Autovetture </div></td><td class=\"c x1d4 y1622 w1c9 h1b8\"><div class=\"t m0 x31 h7 y50c ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1622 w1ca h1b8\"><div class=\"t m0 x72 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1c5 y1622 w1cb h1b8\"><div class=\"t m0 x31 h7 y2cb ff4 fs2 fc1 sc0 ls13 ws0\">25%<span class=\"ls0\"> </span></div></td></tr></table>Il valore contabile di un elemen<span class=\"_ _0\"></span>to di immobili, impianti e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>ed ogni componente<span class=\"_ _0\"></span> significativo <span class=\"_ _0\"></span>inizialmente rilevato <span class=\"_ _3\"></span>\u00e8 eliminato <span class=\"_ _0\"></span> al m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>eventuale <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>smissione <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>quando <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>i si <span class=\"_ _0\"></span>attend<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alcun <span class=\"_ _0\"></span>beneficio <span class=\"_ _0\"></span>econom<span class=\"_ _0\"></span>ico <span class=\"_ _0\"></span>futuro <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>suo <span class=\"_ _0\"></span>utilizzo <span class=\"_ _0\"></span>o<span class=\"_ _0\"></span> dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span> L\u2019utile/perdita <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>erge <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>momento <span class=\"_ _4\"></span>dell\u2019eliminazione <span class=\"_ _3\"></span>contabile <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019attivit\u00e0 <span class=\"_ _3\"></span>(calcolato <span class=\"_ _3\"></span>come <span class=\"_ _4\"></span>differenza <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>nett<span class=\"_ _0\"></span><span class=\"ff4\">o <span class=\"_ _3\"></span>contabile<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>dell\u2019attivit\u00e0 ed il corr<span class=\"_ _0\"></span>ispettivo percepito)<span class=\"_ _0\"></span> \u00e8 rilevato a conto econom<span class=\"_ _0\"></span>ico quando l\u2019elemen<span class=\"_ _0\"></span>to \u00e8 eliminato con<span class=\"_ _0\"></span>tabilmente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>I valori <span class=\"_ _0\"></span>residui, <span class=\"_ _0\"></span>le v<span class=\"_ _0\"></span>ite utili <span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>todi di <span class=\"_ _0\"></span>ammortam<span class=\"_ _0\"></span>ento di<span class=\"_ _0\"></span> immobili<span class=\"_ _0\"></span>, impianti <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>sono r<span class=\"_ _0\"></span>ivisti ad <span class=\"_ _0\"></span>ogni <span class=\"_ _0\"></span>chiusura <span class=\"_ _4\"></span>di esercizio<span class=\"_ _0\"></span> e,<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ove appropriato, corr<span class=\"_ _0\"></span>etti prospetticamente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-330": {
   "value": "1.4.8<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Leas</span></span>es<span class=\"_ _75\"> </span><span class=\"ls0\"> </span>Il Gruppo alla stipula di ogni contratto, verifica se lo stesso soddisfa la definizione di leasing prevista dal principio. La definizione<span class=\"_ _0\"></span> di un<span class=\"_ _75\"> </span> accordo <span class=\"_ _2\"></span>contrattuale come <span class=\"_ _8\"></span>oper<span class=\"_ _0\"></span>azione <span class=\"_ _8\"></span>di leasing <span class=\"_ _8\"></span>(o contenente <span class=\"_ _2\"></span>un\u2019operazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>leasing) <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>basa <span class=\"_ _2\"></span>sulla <span class=\"_ _2\"></span>sostanza dell\u2019accor<span class=\"ff4\">do e <span class=\"_ _8\"></span>richiede<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>di <span class=\"_ _4\"></span>valutare <span class=\"_ _4\"></span>se <span class=\"_ _3\"></span>l\u2019adem<span class=\"_ _0\"></span>pimento <span class=\"_ _4\"></span>dell\u2019accordo <span class=\"_ _4\"></span>stesso <span class=\"_ _4\"></span>dipenda <span class=\"_ _4\"></span>dall\u2019utilizzo <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>una <span class=\"_ _4\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>specifiche <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>se <span class=\"_ _4\"></span>l\u2019accordo <span class=\"_ _4\"></span>trasfe<span class=\"_ _0\"></span><span class=\"ff4\">r<span class=\"_ _0\"></span>isca <span class=\"_ _4\"></span>alla<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>controparte tutti i bene<span class=\"_ _0\"></span>fici economici derivanti d<span class=\"_ _0\"></span>all\u2019utilizzo dello ste<span class=\"_ _0\"></span>sso.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Il Gruppo in veste di locatar<span class=\"_ _0\"></span>io<span class=\"_ _75\"> </span> Per <span class=\"_ _8\"></span>ogni <span class=\"_ _2\"></span>contratto <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>sod<span class=\"_ _0\"></span>disfa <span class=\"_ _8\"></span>la <span class=\"_ _2\"></span>definizione <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>o che <span class=\"_ _8\"></span>contiene <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>leasing, il <span class=\"_ _8\"></span>Gruppo <span class=\"_ _2\"></span>contabili<span class=\"ff6\">zza <span class=\"_ _8\"></span>un <span class=\"_ _2\"></span>Diritto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>una <span class=\"_ _2\"></span><span class=\"ff4\">Passivit\u00e0<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>finanziaria, pari al valore attuale dei pagamenti futuri del leasing pi\u00f9 i <span class=\"_ _2\"></span>costi iniziali diretti, obbligazioni a riportare il bene alle sue iniziali<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> condizioni meno qualsia<span class=\"_ _0\"></span>si incentivo pagato al for<span class=\"_ _0\"></span>nitore. <span class=\"_ _0\"></span> Gli oneri finanziari sono imputat<span class=\"_ _0\"></span>i al conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> I beni in leasing sono ammor<span class=\"_ _0\"></span>tizzati sulla base della dur<span class=\"_ _0\"></span>ata del contratt<span class=\"_ _0\"></span>o di locazione. <span class=\"_ _0\"></span> Il Gruppo riconoscer<span class=\"_ _0\"></span>\u00e0 nel proprio bilancio:<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">una <span class=\"_ _2\"></span>passivit\u00e0 finanziaria, pari al <span class=\"_ _2\"></span>valore attuale dei <span class=\"_ _2\"></span>pagamenti futuri residui alla <span class=\"_ _2\"></span>data di transizione, <span class=\"_ _2\"></span>attua<span class=\"_ _0\"></span>lizzati <span class=\"_ _2\"></span>utilizz<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>do per<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>ciascun contratto il tasso d<span class=\"_ _0\"></span>i finanziamento <span class=\"_ _0\"></span>marginale (incremen<span class=\"_ _0\"></span>tal borrowing rate) ap<span class=\"_ _0\"></span>plicabile alla data di tr<span class=\"_ _0\"></span>ansizione;<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">un <span class=\"_ _8\"></span>dir<span class=\"_ _0\"></span>itto <span class=\"_ _2\"></span>d\u2019uso <span class=\"_ _2\"></span>pari <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>della <span class=\"_ _8\"></span>passivit\u00e0 finanziaria <span class=\"_ _8\"></span>al netto <span class=\"_ _8\"></span>di eventuali <span class=\"_ _8\"></span>rate<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>risconti <span class=\"_ _2\"></span>attivi/passivi riferiti <span class=\"_ _8\"></span>al<span class=\"_ _0\"></span><span class=\"ff4\"> lease <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>rilevati<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff6\"><span class=\"ff4\"> </span></span></span>nello stato patrimoniale alla data<span class=\"_ _0\"></span> di chiusura del p<span class=\"_ _0\"></span>resente bilancio<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Pur <span class=\"_ _4\"></span>presentando <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>valore <span class=\"_ _4\"></span>trasc<span class=\"_ _0\"></span>urabile, <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _4\"></span>provveduto<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ad <span class=\"_ _4\"></span>iscrivere <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>spese <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>opere <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>miglioramento <span class=\"_ _4\"></span>effettuate <span class=\"_ _4\"></span>sugl<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> immobili in <span class=\"_ _8\"></span>loca<span class=\"_ _0\"></span>zione, quando <span class=\"_ _2\"></span>hanno<span class=\"_ _0\"></span> i <span class=\"_ _8\"></span>requisiti per essere <span class=\"_ _2\"></span>capitalizzati, all\u2019interno del <span class=\"_ _2\"></span>diritto d\u2019uso <span class=\"_ _2\"></span>amm<span class=\"_ _0\"></span>ortizzandoli sulla<span class=\"ff4\"> base della <span class=\"_ _2\"></span>vita<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>utile residua di ogni singolo <span class=\"_ _0\"></span>contratto.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Nell\u2019adottare <span class=\"_ _4\"></span>l\u2019IFRS <span class=\"_ _3\"></span>16<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span><span class=\"ff4\">il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span></span>ha <span class=\"_ _4\"></span>deciso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>avvalersi <span class=\"_ _4\"></span>dell\u2019esenzione <span class=\"_ _4\"></span>concessa <span class=\"_ _4\"></span>dal <span class=\"_ _4\"></span>principio <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>relazion<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>relativamente <span class=\"_ _4\"></span>ai <span class=\"_ _4\"></span>meglio<span class=\"_ _75\"> </span> conosciuti <span class=\"_ _0\"></span>short-term<span class=\"_ _0\"></span> lease<span class=\"_ _0\"></span>s (<span class=\"_ _0\"></span>contratti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>durata <span class=\"_ _0\"></span>inferiore <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>12 <span class=\"_ _0\"></span>mesi) pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>tutte <span class=\"_ _0\"></span>classi di <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 e <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>-value <span class=\"_ _0\"></span>asset, <span class=\"_ _0\"></span>ossia <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span> lease per i quali il valore u<span class=\"_ _0\"></span>nitario dei beni sot<span class=\"_ _0\"></span>tostanti non \u00e8 superio<span class=\"_ _0\"></span>re a 5 migliaia di euro q<span class=\"_ _0\"></span>uando nuovi. <span class=\"_ _0\"></span> I <span class=\"_ _3\"></span>contratti <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _0\"></span>stat<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>appli<span class=\"_ _0\"></span>cata <span class=\"_ _3\"></span>l\u2019esenzione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricadono <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>incipalmente <span class=\"_ _4\"></span>all\u2019interno <span class=\"_ _4\"></span><span class=\"ff4\">della <span class=\"_ _3\"></span>catego<span class=\"_ _0\"></span>ria <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>carrelli <span class=\"_ _3\"></span>elevatori, <span class=\"_ _4\"></span>in <span class=\"_ _0\"></span>quan<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>acquistati nel corso del 2019 e <span class=\"_ _0\"></span>consider<span class=\"_ _0\"></span>ati pertanto contratti di br<span class=\"_ _0\"></span>eve durata.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Per tali <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>atti <span class=\"_ _0\"></span>l\u2019adozione<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019IFRS <span class=\"_ _0\"></span>16 <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>compor<span class=\"_ _0\"></span>ter\u00e0 <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>rilevazi<span class=\"_ _0\"></span>one <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>lease <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>relativo<span class=\"_ _4\"></span><span class=\"ff4\"> </span>diritto <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>\u2019uso,<span class=\"_ _75\"> </span> ma i canoni di locazione <span class=\"_ _0\"></span>saranno rilevati a conto eco<span class=\"_ _0\"></span>nomico su bas<span class=\"_ _0\"></span>e lineare per la d<span class=\"_ _0\"></span>urata dei rispettivi contratt<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gruppo in veste di locator<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span> I contratti <span class=\"_ _0\"></span>di leasing <span class=\"_ _0\"></span>che sostanzi<span class=\"_ _0\"></span>almente <span class=\"_ _0\"></span>lasciano in <span class=\"_ _0\"></span>capo alla <span class=\"_ _3\"></span>Societ\u00e0<span class=\"_ _0\"></span> tutti <span class=\"_ _0\"></span>i rischi <span class=\"_ _0\"></span>e benefici <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>propriet\u00e0 <span class=\"_ _0\"></span>del bene <span class=\"_ _0\"></span>sono classificat<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span> come leasing operati<span class=\"_ _0\"></span>vi. I proventi <span class=\"_ _0\"></span>da leasing derivant<span class=\"_ _0\"></span>i da leasing<span class=\"_ _0\"></span> operativi sono r<span class=\"_ _0\"></span>ilevati in<span class=\"_ _0\"></span> quote costanti lun<span class=\"_ _0\"></span>go la durata<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>leasing, e<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> sono inclus<span class=\"_ _0\"></span>i tra <span class=\"_ _0\"></span>gli altr<span class=\"_ _0\"></span>i rica<span class=\"_ _0\"></span>vi nel <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>onomico<span class=\"_ _0\"></span> data <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>loro nat<span class=\"_ _0\"></span>ura op<span class=\"_ _0\"></span>erativa. I <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>iniziali <span class=\"_ _0\"></span>di ne<span class=\"_ _0\"></span>goziazione <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>aggiunti <span class=\"_ _0\"></span>al va<span class=\"_ _0\"></span>lore<span class=\"_ _75\"> </span> contabile del bene locato e rile<span class=\"_ _0\"></span>vati in base a<span class=\"_ _0\"></span>lla durata del contratto <span class=\"_ _0\"></span>sulla medesima ba<span class=\"_ _3\"></span>se dei proventi da<span class=\"_ _0\"></span> locazione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-332": {
   "value": "1.4.9<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Oneri finan<span class=\"_ _0\"></span>ziari<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Gli <span class=\"_ _4\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _5\"></span>finanziari <span class=\"_ _5\"></span>direttam<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>imputabili <span class=\"_ _5\"></span>all\u2019acquisizione, <span class=\"_ _9\"> </span>alla <span class=\"_ _4\"></span>co<span class=\"_ _0\"></span>struzione <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>pr<span class=\"_ _0\"></span>oduzione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>bene <span class=\"_ _5\"></span>che <span class=\"_ _5\"></span>richiede <span class=\"_ _5\"> </span>un <span class=\"_ _7\"> </span><span class=\"ff4\">periodo<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>abbastanza <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>prima <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>disponibile <span class=\"_ _3\"></span>all\u2019uso, <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>cap<span class=\"_ _0\"></span>italizzati <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>costo <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ne <span class=\"_ _0\"></span>stesso<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>Tutti <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>altr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>eri <span class=\"_ _0\"></span>f<span class=\"_ _3\"></span><span class=\"ff4\">inanziari <span class=\"_ _3\"></span>sono<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>rilevati <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>competen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sostenuti. <span class=\"_ _0\"></span>Gli <span class=\"_ _0\"></span>oner<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>finanziari <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>stituiti <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>interessi<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dagli <span class=\"_ _0\"></span>altri <span class=\"_ _0\"></span>cost<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>che un\u2019entit\u00e0 sostiene in rela<span class=\"_ _0\"></span>zione all\u2019ottenime<span class=\"_ _0\"></span>nto di finanziament<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-331": {
   "value": "1.4.10<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Attivit\u00e0 im<span class=\"_ _0\"></span>materiali<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>inizial<span class=\"_ _0\"></span>mente rilevate <span class=\"_ _8\"></span>al costo<span class=\"ls4\">. </span>Dopo <span class=\"_ _8\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rilevazione iniziale, <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>iscritte al <span class=\"_ _2\"></span>costo <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>netto<span class=\"_ _75\"> </span> dell\u2019ammortamento accumulato <span class=\"_ _2\"></span>e di <span class=\"_ _8\"></span>eventuali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>perdite di <span class=\"_ _8\"></span>valore<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>accumulat<span class=\"_ _0\"></span>e. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>attivit\u00e0 immateriali <span class=\"_ _2\"></span>prodotte<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>internamente, ad <span class=\"_ _8\"></span>e<span class=\"_ _3\"></span><span class=\"ff4\">ccezione<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>dei <span class=\"_ _2\"></span>costi <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>sviluppo che <span class=\"_ _8\"></span>soddisfan<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>specifici <span class=\"_ _2\"></span>requisiti cos\u00ec <span class=\"_ _8\"></span>definiti dallo <span class=\"_ _8\"></span>IAS 38, <span class=\"_ _2\"></span>non <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>capitalizzate e <span class=\"_ _2\"></span>si <span class=\"_ _2\"></span>rilevano <span class=\"_ _2\"></span>nel <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> dell\u2019esercizio in cui sono state so<span class=\"_ _0\"></span>stenute.<span class=\"_ _75\"> </span>La vita utile delle attivit\u00e0 im<span class=\"_ _0\"></span>materiali \u00e8 valutata <span class=\"_ _0\"></span>come definita o <span class=\"_ _0\"></span>indefinita.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>imm<span class=\"_ _0\"></span>ateriali <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>definita <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>ammortizzate <span class=\"_ _3\"></span>lungo <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>loro <span class=\"_ _3\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>sottoposte <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>verifica <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>congruit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span> valore<span class=\"ls4\">, </span>ogni volta che <span class=\"_ _2\"></span>vi siano indicazioni di una <span class=\"_ _2\"></span>possibile perdita di valore. Il periodo di <span class=\"_ _2\"></span>ammortamento ed il metodo di <span class=\"_ _2\"></span>ammortamen<span class=\"_ _3\"></span><span class=\"ls38\">to<span class=\"_ _75\"> </span></span><span class=\"ls38\"> </span>di un\u2019attivit\u00e0 immateriale a vita utile definita \u00e8 riconsiderato almeno ad ogni chiusura d\u2019esercizio. I cambiamenti nella vit<span class=\"_ _0\"></span><span class=\"ff4\">a utile attesa o<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>delle modalit\u00e0 con cui i benefici econom<span class=\"_ _0\"></span>ici futuri legati all\u2019attivit\u00e0 si rea<span class=\"_ _0\"></span>lizzeranno sono r<span class=\"_ _0\"></span><span class=\"ff4\">ilevati attrave<span class=\"_ _0\"></span>rso il cambiamento del per<span class=\"_ _0\"></span>iodo o<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>del metodo di ammortamento, a seconda dei <span class=\"_ _2\"></span>casi, e sono considerati cambiamenti di stime contabili. Le quote di <span class=\"_ _2\"></span>ammortam<span class=\"_ _0\"></span>ento d<span class=\"_ _0\"></span>elle<span class=\"_ _75\"> </span> attivit\u00e0 immateriali a vita utile defi<span class=\"_ _0\"></span>nita sono rilevate nel pr<span class=\"_ _0\"></span>ospetto dell\u2019ut<span class=\"_ _0\"></span>ile/(perdita) d\u2019eser<span class=\"_ _0\"></span>cizio nella categoria di costo<span class=\"_ _0\"></span> coerente con la<span class=\"_ _75\"> </span> funzione dell\u2019attivit\u00e0 imm<span class=\"_ _0\"></span>ateriale.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Le <span class=\"_ _2\"></span>attivit\u00e0 <span class=\"_ _2\"></span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>con <span class=\"_ _2\"></span>vita utile <span class=\"_ _8\"></span>indefinita non <span class=\"_ _8\"></span>sono<span class=\"_ _0\"></span> ammortizzate, <span class=\"_ _2\"></span>ma <span class=\"_ _2\"></span>sono sottoposte <span class=\"_ _8\"></span>annua<span class=\"_ _0\"></span>lmente alla <span class=\"_ _8\"></span>verifica<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>perd<span class=\"_ _0\"></span>ita di <span class=\"_ _2\"></span>valore,<span class=\"_ _75\"> </span> sia <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _4\"></span>individuale <span class=\"_ _3\"></span>sia <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>unit\u00e0 <span class=\"_ _3\"></span>gene<span class=\"_ _0\"></span>ratrice <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>cassa<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>(IA<span class=\"_ _0\"></span>S <span class=\"_ _3\"></span>36)<span class=\"_ _0\"></span>. <span class=\"_ _3\"></span>La <span class=\"_ _4\"></span>valutazione <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>vita <span class=\"_ _3\"></span>utile <span class=\"_ _4\"></span>indefinita <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>rivista<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> annualmente <span class=\"_ _0\"></span>per deter<span class=\"_ _0\"></span>minare se tale <span class=\"_ _0\"></span>attribuzione <span class=\"_ _0\"></span>continua ad<span class=\"_ _0\"></span> esse<span class=\"_ _0\"></span>re sostenibile<span class=\"_ _3\"></span>, altrimenti, <span class=\"_ _0\"></span>il cambi<span class=\"_ _0\"></span>amento <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span><span class=\"ff6\">\u201c</span>vita utile <span class=\"_ _0\"></span>indefinita<span class=\"ff6\">\u201d</span> <span class=\"_ _0\"></span><span class=\"ls9\">a<span class=\"_ _75\"> </span></span><span class=\"ls9\"> </span>\u201c<span class=\"ff4\">vita utile definita</span>\u201d<span class=\"ff4\"> si app<span class=\"_ _0\"></span>lica su base<span class=\"_ _0\"></span> prospettica. </span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>Un'attivit\u00e0 <span class=\"_ _2\"></span>immateriale viene <span class=\"_ _8\"></span>elimina<span class=\"_ _0\"></span>ta <span class=\"_ _2\"></span>al <span class=\"_ _2\"></span>momento della <span class=\"_ _8\"></span>dismissione (ossia, <span class=\"_ _8\"></span>alla data <span class=\"_ _8\"></span>in cui <span class=\"_ _8\"></span>l\u2019acquirente ne <span class=\"_ _8\"></span>ottiene il <span class=\"_ _8\"></span>cont<span class=\"_ _0\"></span><span class=\"ff4\">rollo) o <span class=\"_ _8\"></span>quando<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>non ci si attendono benefici e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ici futuri dal suo utilizzo o dism<span class=\"_ _0\"></span>issione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Qualsiasi utile <span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>dita <span class=\"_ _0\"></span>derivante <span class=\"_ _0\"></span>dall\u2019eliminazione <span class=\"_ _0\"></span>dell<span class=\"_ _0\"></span>'attivit\u00e0 <span class=\"_ _0\"></span>(calcolata <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>diffe<span class=\"_ _0\"></span>renza <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>corrispettivo <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\">la <span class=\"_ _0\"></span>dismissione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>il valore contabile dell'attivit\u00e0)<span class=\"_ _0\"></span> \u00e8 inclusa nel conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> I <span class=\"ff6 ls0\">Diritti di brevetto industriale e dir<span class=\"_ _0\"></span>itti di utilizza<span class=\"_ _0\"></span>zione delle opere dell<span class=\"_ _0\"></span>'ingegno sono ammor<span class=\"_ _0\"></span>tizzati con un\u2019aliquota an<span class=\"_ _0\"></span>nua d<span class=\"_ _0\"></span><span class=\"ff4\">el 20<span class=\"_ _0\"></span>%.</span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-333": {
   "value": "1.4.11<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Strument<span class=\"_ _0\"></span>i finanziari <span class=\"_ _0\"></span><span class=\"ff19\">\u2013</span> Rilevazione e valutazio<span class=\"_ _0\"></span>ne<span class=\"_ _75\"> </span></span></span>Uno strumen<span class=\"_ _0\"></span>to finanziario <span class=\"_ _0\"></span>\u00e8 quals<span class=\"_ _0\"></span>iasi contratt<span class=\"_ _0\"></span>o che <span class=\"_ _0\"></span>d\u00e0 origine <span class=\"_ _0\"></span>a un<span class=\"_ _0\"></span>\u2019attivit\u00e0 fina<span class=\"_ _0\"></span>nziaria per <span class=\"_ _0\"></span>un\u2019entit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ad una <span class=\"_ _0\"></span>passivit\u00e0 fin<span class=\"_ _3\"></span><span class=\"ff4\">anziaria <span class=\"_ _0\"></span>o ad<span class=\"_ _75\"> </span></span>uno strumento rappr<span class=\"_ _0\"></span>esentativo di capitale per un<span class=\"_ _0\"></span>\u2019altra entit\u00e0.<span class=\"_ _75\"> </span>i) Attivit\u00e0 finanziarie<span class=\"_ _0\"></span> Rilevazione iniziale e<span class=\"_ _0\"></span> valutazione<span class=\"_ _75\"> </span>Al <span class=\"_ _0\"></span>momento <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>rile<span class=\"_ _0\"></span>vazione <span class=\"_ _3\"></span>iniziale, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>finanziarie <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificate, <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>seconda<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>casi, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _0\"></span>alle <span class=\"_ _3\"></span>successive<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>modalit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span>misurazione, cio\u00e8 al<span class=\"_ _0\"></span> costo ammor<span class=\"_ _0\"></span>tizzato, al <span class=\"ff3\">fair<span class=\"_ _0\"></span> value</span> rilevato<span class=\"_ _0\"></span> nel con<span class=\"_ _0\"></span>to economico comples<span class=\"_ _0\"></span>sivo (di seguito an<span class=\"_ _0\"></span>che OCI) e al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _75\"> </span></span>rilevato nel conto economico. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anziarie <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>omento <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>rilevazione <span class=\"_ _3\"></span>iniziale<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>dalla <span class=\"_ _3\"></span>natura <span class=\"_ _3\"></span>dello <span class=\"_ _0\"></span>strumen<span class=\"_ _0\"></span>to, <span class=\"_ _3\"></span>dipende <span class=\"_ _0\"></span>dalle<span class=\"_ _75\"> </span>caratteristiche <span class=\"_ _0\"></span>dei flussi di <span class=\"_ _0\"></span>cassa con<span class=\"_ _0\"></span>trattuali delle <span class=\"_ _0\"></span>attivit\u00e0 finanziar<span class=\"_ _0\"></span>ie e <span class=\"_ _0\"></span>dal modello <span class=\"_ _3\"></span>di bu<span class=\"_ _0\"></span>siness che <span class=\"_ _0\"></span>il Gruppo <span class=\"_ _0\"></span>usa per la <span class=\"_ _0\"></span>loro gestione.<span class=\"_ _75\"> </span>Ad <span class=\"_ _0\"></span>eccezione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commer<span class=\"_ _0\"></span>ciali<span class=\"ls4\">, <span class=\"_ _3\"></span></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>inizialmente <span class=\"_ _3\"></span>valut<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un'attivit\u00e0 <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>suo <span class=\"_ _3\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>value</span> <span class=\"_ _3\"></span>oltre <span class=\"_ _3\"></span>agli <span class=\"_ _3\"></span>eventuali <span class=\"_ _3\"></span>cost<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>transazione. I crediti comm<span class=\"_ _0\"></span>erciali sono valutati al pr<span class=\"_ _0\"></span>ezzo dell\u2019operazione d<span class=\"_ _0\"></span>eterminato seco<span class=\"_ _0\"></span><span class=\"ff4\">nd<span class=\"_ _0\"></span>o l'IFRS 15. </span>Affinch\u00e9 un'attivit\u00e0 finanziaria pos<span class=\"_ _0\"></span>sa essere classificata e <span class=\"_ _0\"></span>valutata a<span class=\"_ _0\"></span>l costo ammortizzato o al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> r<span class=\"_ _0\"></span>ilevato in OCI, deve generare<span class=\"_ _75\"> </span>flussi <span class=\"_ _8\"></span>finanziari <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>dipendono <span class=\"_ _8\"></span>solam<span class=\"_ _0\"></span>ente <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>capitale <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>gli <span class=\"_ _8\"></span>interessi <span class=\"_ _8\"></span>sull\u2019impo<span class=\"_ _0\"></span>rto <span class=\"_ _8\"></span>del capitale <span class=\"_ _8\"></span>da <span class=\"_ _8\"></span>restituire<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>(cosiddetto \u2018<span class=\"ff3\">solely <span class=\"_ _2\"></span>payments<span class=\"_ _75\"> </span></span>of principal and interest<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"ff6\">(SPPI)\u2019). Questa <span class=\"_ _0\"></span>valutazione \u00e8 indicata <span class=\"_ _0\"></span>come test SPPI e viene ese<span class=\"_ _0\"></span>guita a li<span class=\"_ _0\"></span>vello di strumento.<span class=\"_ _75\"> </span></span></span>Le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>ie <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span>flussi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>soddisfano <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>equisiti <span class=\"_ _0\"></span>sopr<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>indicati <span class=\"_ _3\"></span>(e.g. <span class=\"_ _3\"></span>SPPI) <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>classificati <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>misurati <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _3\"></span>value<span class=\"_ _75\"> </span></span>rilevato a conto economico<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Il <span class=\"_ _2\"></span>modello <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>business del <span class=\"_ _2\"></span>Gruppo per <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>delle attivit\u00e0 <span class=\"_ _8\"></span>finanz<span class=\"_ _0\"></span>iarie si <span class=\"_ _8\"></span>riferisce al <span class=\"_ _8\"></span>mod<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>in cui <span class=\"_ _8\"></span>gestisce le <span class=\"_ _8\"></span>propr<span class=\"_ _0\"></span>ie <span class=\"_ _2\"></span>attivit\u00e0 finanziarie<span class=\"_ _75\"> </span>al <span class=\"_ _3\"></span>fine <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>generare <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanzia<span class=\"_ _0\"></span>ri. <span class=\"_ _3\"></span>Il <span class=\"_ _3\"></span>modello<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aziendale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>determin<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _3\"></span>deriverann<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>accolta <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>fl<span class=\"_ _3\"></span>ussi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>finanziari<span class=\"_ _75\"> </span>co<span class=\"ls0\">ntrattuali, dalla vendita de<span class=\"_ _0\"></span>lle attivit\u00e0 fina<span class=\"_ _0\"></span>nziarie o da entrambi.<span class=\"_ _75\"> </span></span>Valutazione successiva<span class=\"_ _75\"> </span>Ai fini della valutazione su<span class=\"_ _0\"></span>ccessiva, <span class=\"_ _0\"></span>le attivit\u00e0 finanziarie sono <span class=\"_ _0\"></span>classificate in quattro ca<span class=\"_ _0\"></span>tegorie:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al costo ammor<span class=\"_ _0\"></span>tizzato (strumen<span class=\"_ _0\"></span>ti di debito);<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _9\"> </span>finanziarie <span class=\"_ _9\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _9\"> </span>value</span> <span class=\"_ _9\"> </span>rilevato <span class=\"_ _9\"> </span>nel <span class=\"_ _9\"> </span>conto <span class=\"_ _9\"> </span>eco<span class=\"_ _0\"></span>nomico <span class=\"_ _9\"> </span>complessivo <span class=\"_ _9\"> </span>con <span class=\"_ _9\"> </span>riclassifica <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>gli <span class=\"_ _9\"> </span>utili <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>perdite <span class=\"_ _9\"> </span>cumulate<span class=\"_ _75\"> </span></span></span>(strumenti di debito)<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 <span class=\"_ _5\"></span>finanziarie <span class=\"_ _5\"> </span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _5\"> </span>value<span class=\"_ _0\"></span></span> <span class=\"_ _5\"> </span>ri<span class=\"_ _0\"></span>levato <span class=\"_ _5\"> </span>ne<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>conto <span class=\"_ _9\"> </span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _9\"> </span>senza <span class=\"_ _5\"></span>rigiro <span class=\"_ _9\"> </span>degli <span class=\"_ _5\"></span>utili <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>pe<span class=\"_ _0\"></span>rdite <span class=\"_ _5\"></span>cumulate <span class=\"_ _9\"> </span>nel<span class=\"_ _75\"> </span></span></span>momento dell\u2019eliminazione (str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi di capitale);<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Attivit\u00e0 finanziarie al <span class=\"ff3\">fair value<span class=\"_ _0\"></span></span> rilevato a conto <span class=\"_ _0\"></span>economico.<span class=\"_ _75\"> </span></span></span>Attivit\u00e0 finanziarie al costo amm<span class=\"_ _0\"></span>ortizzato (str<span class=\"_ _0\"></span>umenti di debito)<span class=\"_ _75\"> </span>Il Gruppo valuta le attivit\u00e0 fin<span class=\"_ _0\"></span>anziar<span class=\"_ _0\"></span>ie al costo ammortizzato se ent<span class=\"_ _0\"></span>rambi i seguenti r<span class=\"_ _0\"></span>equisiti sono soddisfatti:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l'attivit\u00e0 <span class=\"_ _4\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _5\"></span>possedu<span class=\"_ _0\"></span>ta <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>quad<span class=\"_ _0\"></span>ro <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>modello <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>busine<span class=\"_ _0\"></span>ss <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>cui <span class=\"_ _5\"></span>obiettivo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>po<span class=\"_ _0\"></span>ssesso <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _5\"></span>finanziari<span class=\"_ _3\"></span><span class=\"ls9\">e<span class=\"_ _75\"> </span></span></span></span>finalizzato alla raccolta d<span class=\"_ _0\"></span>ei flussi finan<span class=\"_ _0\"></span>ziari contrattuali<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti <span class=\"_ _9\"> </span>del <span class=\"_ _5\"></span>capitale <span class=\"_ _5\"></span>e <span class=\"_ _9\"> </span>dell'interesse <span class=\"_ _9\"> </span>sull'importo <span class=\"_ _5\"></span>del <span class=\"_ _9\"> </span>capitale <span class=\"_ _5\"> </span>da<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>restituire<span class=\"_ _0\"></span>, <span class=\"_ _9\"> </span>meglio <span class=\"_ _5\"></span>conosciuto<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>SPPI <span class=\"_ _9\"> </span>test <span class=\"_ _5\"></span>(solely<span class=\"_ _75\"> </span>payments of principal and<span class=\"_ _0\"></span> interest).<span class=\"_ _75\"> </span>Le <span class=\"_ _8\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziarie <span class=\"_ _8\"></span>a<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>cost<span class=\"_ _0\"></span>o <span class=\"_ _8\"></span>am<span class=\"_ _0\"></span>mortizzato sono <span class=\"_ _8\"></span>successivam<span class=\"_ _0\"></span>ente <span class=\"_ _2\"></span>valutate <span class=\"_ _2\"></span>utilizzando il <span class=\"_ _8\"></span>criterio <span class=\"_ _2\"></span>dell\u2019interesse effettivo <span class=\"_ _2\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>sono soggette<span class=\"_ _75\"> </span></span>ad <span class=\"ff3 ls0\">impairment<span class=\"ff4\">. Gli utili e le per<span class=\"_ _0\"></span>dite sono r<span class=\"_ _0\"></span>ilevati <span class=\"ff6\">a conto economico<span class=\"_ _0\"></span> quando l\u2019attivit\u00e0 \u00e8 eliminat<span class=\"_ _0\"></span>a, modificata o r<span class=\"_ _0\"></span>ivalutata.<span class=\"_ _75\"> </span></span></span></span>Attivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato in OCI <span class=\"_ _0\"></span>(strumenti di debito)<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>valuta <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _5\"></span>strumenti <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>debito <span class=\"_ _4\"></span>al <span class=\"_ _9\"> </span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _5\"></span>rilevato <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>conto <span class=\"_ _5\"></span>economico <span class=\"_ _5\"></span>complessivo <span class=\"_ _5\"></span>se <span class=\"_ _4\"></span>en<span class=\"_ _0\"></span>trambe <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>seguenti<span class=\"_ _75\"> </span>condizioni sono soddisfatte<span class=\"_ _0\"></span>:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">l'attivit\u00e0 finanziaria \u00e8 po<span class=\"_ _0\"></span>sseduta nel q<span class=\"_ _0\"></span>uadro di un mode<span class=\"_ _0\"></span>llo di busine<span class=\"_ _0\"></span>ss il cui obietti<span class=\"_ _0\"></span>vo \u00e8 conse<span class=\"_ _0\"></span>guito sia<span class=\"_ _0\"></span> mediante l\u2019incasso <span class=\"_ _3\"></span><span class=\"ff4\">dei<span class=\"_ _75\"> </span></span></span></span>flussi finanziari contrattual<span class=\"_ _0\"></span>i che mediant<span class=\"_ _0\"></span>e la vendita delle attivit\u00e0 fin<span class=\"_ _0\"></span>anziarie<span class=\"_ _75\"> </span>e<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i <span class=\"_ _9\"> </span>termini <span class=\"_ _9\"> </span>contrattuali <span class=\"_ _9\"> </span>dell'attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>evedono <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>terminate <span class=\"_ _9\"> </span>date <span class=\"_ _9\"> </span>flussi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanziari <span class=\"_ _9\"> </span>rappr<span class=\"_ _0\"></span>esentati <span class=\"_ _9\"> </span>unicamente <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span></span></span>pagamenti del capitale ed inter<span class=\"_ _0\"></span>essi determinat<span class=\"_ _0\"></span>i sull'importo del cap<span class=\"_ _0\"></span>itale da restituire.<span class=\"_ _75\"> </span>Per <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>umenti <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>bito <span class=\"_ _3\"></span>valuta<span class=\"_ _0\"></span>ti <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span><span class=\"ff3\">fair <span class=\"_ _4\"></span>value</span> <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ilevato <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>OCI, <span class=\"_ _4\"></span>gli <span class=\"_ _4\"></span>interessi <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivi, <span class=\"_ _4\"></span>le <span class=\"_ _3\"></span>variazion<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>differenze <span class=\"_ _4\"></span>cambio <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>le<span class=\"_ _75\"> </span>perdite <span class=\"_ _8\"></span>di valore, <span class=\"_ _8\"></span>insieme <span class=\"_ _8\"></span>alle riprese, <span class=\"_ _8\"></span>sono <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ilevati <span class=\"_ _8\"></span>a <span class=\"_ _2\"></span>conto <span class=\"_ _2\"></span>economico <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>sono calcolati <span class=\"_ _8\"></span>allo <span class=\"_ _8\"></span>stesso <span class=\"_ _2\"></span>modo delle <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _8\"></span>fin<span class=\"_ _0\"></span>anziarie valutate<span class=\"_ _75\"> </span>al <span class=\"_ _8\"></span>costo <span class=\"_ _8\"></span>ammor<span class=\"_ _0\"></span>tizzato. <span class=\"_ _8\"></span>Le <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>imane<span class=\"_ _0\"></span>nti <span class=\"_ _8\"></span>variazioni <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span><span class=\"ff3\">fair <span class=\"_ _8\"></span>va<span class=\"_ _0\"></span>lue<span class=\"ff4\"> <span class=\"_ _8\"></span>sono <span class=\"_ _2\"></span>rilevate <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>OCI. <span class=\"_ _8\"></span>A<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>momento <span class=\"_ _8\"></span>dell<span class=\"_ _0\"></span>'eliminazione, <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>variazione <span class=\"_ _2\"></span>cumulativa<span class=\"_ _75\"> </span></span></span>del <span class=\"ff3\">fair value</span> rilevata in O<span class=\"_ _0\"></span>CI viene r<span class=\"_ _0\"></span>iclassificata nel conto econo<span class=\"_ _0\"></span>mico.<span class=\"_ _75\"> </span>Le attivit\u00e0<span class=\"_ _0\"></span> da <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di de<span class=\"_ _0\"></span>bito <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span><span class=\"ls7\">la</span> So<span class=\"_ _0\"></span>ciet\u00e0 va<span class=\"_ _0\"></span>lutati a<span class=\"_ _0\"></span>l <span class=\"ff3\">fair <span class=\"_ _0\"></span>value<span class=\"_ _0\"></span></span> r<span class=\"_ _0\"></span>ilevato in <span class=\"_ _0\"></span>OCI <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>strumenti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>debito<span class=\"_ _75\"> </span>quotati inclusi nelle altre a<span class=\"_ _0\"></span>ttivit\u00e0 finanziarie non<span class=\"_ _0\"></span> correnti.<span class=\"_ _75\"> </span>Investimenti in strumenti r<span class=\"_ _0\"></span>appresentat<span class=\"_ _0\"></span>ivi di capitale<span class=\"_ _75\"> </span>All'atto de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>pu\u00f2 <span class=\"_ _0\"></span>irrevocabilmente <span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>egliere <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>classificare <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i inve<span class=\"_ _0\"></span>stimenti <span class=\"_ _0\"></span>azionari <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>strum<span class=\"_ _0\"></span>enti<span class=\"_ _75\"> </span>rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>rilevati al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>in OCI <span class=\"_ _0\"></span>quando soddisfano <span class=\"_ _0\"></span>la definizione <span class=\"_ _0\"></span>di strum<span class=\"_ _0\"></span>enti rappresentativi <span class=\"_ _0\"></span>di capitale <span class=\"_ _0\"></span>ai sensi<span class=\"_ _75\"> </span>dello IAS 32 <span class=\"_ _0\"></span>\u201cStrumenti <span class=\"_ _0\"></span>finanziari:<span class=\"_ _0\"></span> Presentazione\u201d <span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>n sono <span class=\"_ _0\"></span>detenuti per<span class=\"_ _0\"></span> la <span class=\"_ _0\"></span>negoziazione. La <span class=\"_ _0\"></span>classificazione <span class=\"_ _0\"></span>\u00e8 deter<span class=\"_ _0\"></span>minata <span class=\"_ _3\"></span><span class=\"ff4\">per<span class=\"_ _0\"></span> ogni<span class=\"_ _75\"> </span></span>singolo strumento.<span class=\"_ _75\"> </span>Gli utili<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>consegu<span class=\"_ _0\"></span>ite <span class=\"_ _0\"></span>su <span class=\"_ _0\"></span>tali <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>fina<span class=\"_ _0\"></span>nz<span class=\"_ _0\"></span>iarie <span class=\"_ _0\"></span>non <span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _0\"></span>mai <span class=\"_ _0\"></span>rigirati <span class=\"_ _0\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economi<span class=\"_ _0\"></span>co. <span class=\"_ _0\"></span>I <span class=\"_ _0\"></span>dividendi <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rilevati <span class=\"_ _0\"></span>come<span class=\"_ _75\"> </span>altri ricavi <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>conto e<span class=\"_ _0\"></span>conomico q<span class=\"_ _0\"></span>uando <span class=\"_ _0\"></span>il diritto<span class=\"_ _0\"></span> al <span class=\"_ _0\"></span>pagamento <span class=\"_ _0\"></span>\u00e8 st<span class=\"_ _0\"></span>ato <span class=\"_ _0\"></span>deliberato<span class=\"_ _0\"></span><span class=\"ls4\">. <span class=\"_ _0\"></span></span>Gli str<span class=\"_ _0\"></span>umenti rap<span class=\"_ _0\"></span>presentativi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>capitale <span class=\"_ _0\"></span>iscritti <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _75\"> </span></span>value<span class=\"ff4\"> rilevato in OCI non <span class=\"_ _0\"></span>sono soggett<span class=\"_ _0\"></span>i a </span>impairmen<span class=\"_ _0\"></span>t<span class=\"ff4\"> test.<span class=\"_ _75\"> </span></span>Cancellazione<span class=\"_ _75\"> </span>Un\u2019attivit\u00e0 finanziaria <span class=\"_ _0\"></span>(o, ove<span class=\"_ _0\"></span> applicabile, <span class=\"_ _0\"></span>parte di <span class=\"_ _0\"></span>un\u2019attivit\u00e0 <span class=\"_ _0\"></span>finanziaria o <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span><span class=\"ff4\">grup<span class=\"_ _0\"></span>po di attivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>simili) \u00e8 <span class=\"_ _0\"></span>cancellata in<span class=\"_ _75\"> </span></span>primo luogo (es. rimossa d<span class=\"_ _0\"></span>al prospetto della situazione patr<span class=\"_ _0\"></span>imoniale<span class=\"_ _0\"></span>-finanziar<span class=\"_ _0\"></span>ia del Gruppo)<span class=\"_ _0\"></span> quando:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff6\">i diritti a ricevere flussi finanziar<span class=\"_ _0\"></span>i dall\u2019attivit\u00e0 sono e<span class=\"_ _0\"></span>stinti, o<span class=\"_ _75\"> </span></span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">il Gruppo <span class=\"ff6\">ha trasferito ad una<span class=\"_ _0\"></span> terza parte il diritto a ricevere flussi finan<span class=\"_ _0\"></span>ziari dall\u2019attivit\u00e0 o ha assunto l<span class=\"_ _0\"></span>\u2019obbligo contrattuale di<span class=\"_ _75\"> </span></span></span></span>corrisponderli interamente e senza ritardi e (a) ha <span class=\"_ _2\"></span>trasferito sostanzialmente tutti i <span class=\"_ _2\"></span>rischi e benefici della propriet\u00e0 dell<span class=\"_ _0\"></span><span class=\"ff6\">\u2019att</span>ivit\u00e0<span class=\"_ _75\"> </span>finanziaria, <span class=\"_ _3\"></span>oppure <span class=\"_ _3\"></span>(b) <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasferito <span class=\"_ _3\"></span>n\u00e9 <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _3\"></span>tutti <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>dell\u2019atti<span class=\"_ _0\"></span>vit\u00e0, <span class=\"_ _0\"></span>ma <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>trasfe<span class=\"_ _3\"></span><span class=\"ff4\">rito <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span></span>controllo della stessa.<span class=\"_ _75\"> </span>Nei <span class=\"_ _3\"></span>casi <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>cui <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ff6\">abbia <span class=\"_ _4\"></span>trasferito <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>flussi <span class=\"_ _3\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>un\u2019attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>abbia<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>siglato <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>accordo <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>base <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>quale<span class=\"_ _75\"> </span></span>mantiene <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>diritti <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>trattuali <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>ricevere <span class=\"_ _4\"></span>i <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>finanziari <span class=\"_ _4\"></span>dell\u2019attivit\u00e0 <span class=\"_ _4\"></span>finanziaria, <span class=\"_ _4\"></span>ma <span class=\"_ _4\"></span>assume <span class=\"_ _4\"></span>un\u2019obbligazione <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>attu<span class=\"_ _0\"></span><span class=\"ff4\">ale <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>pagare <span class=\"_ _4\"></span>i<span class=\"_ _75\"> </span></span>flussi <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>uno <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _3\"></span>beneficiar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span><span class=\"ff3\">pass-thr<span class=\"_ _0\"></span>ough</span>), <span class=\"_ _3\"></span>esso <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>misur<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>attenuto <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>benefici <span class=\"_ _4\"></span>inerent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>al<span class=\"_ _75\"> </span>possesso. <span class=\"_ _3\"></span>Nel <span class=\"_ _0\"></span>caso <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>bia <span class=\"_ _0\"></span>n\u00e9 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>n\u00e9<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>tratt<span class=\"_ _0\"></span>enuto <span class=\"_ _3\"></span>sostanzialmente <span class=\"_ _0\"></span>tut<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>chi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>benefici <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>abbia <span class=\"_ _3\"></span>perso <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>trollo<span class=\"_ _75\"> </span>sulla <span class=\"_ _8\"></span>stessa, <span class=\"_ _2\"></span>l\u2019attivit\u00e0 <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>tinua <span class=\"_ _8\"></span>ad essere <span class=\"_ _8\"></span>rilevata <span class=\"_ _8\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>bilancio <span class=\"ff4\">del <span class=\"_ _8\"></span>Gruppo <span class=\"_ _8\"></span><span class=\"ff6\">nella <span class=\"_ _2\"></span>misura <span class=\"_ _2\"></span>del <span class=\"_ _8\"></span>suo coinvolgimento <span class=\"_ _8\"></span>residuo <span class=\"_ _2\"></span>nell\u2019att<span class=\"ff4\">ivit\u00e0 <span class=\"_ _2\"></span>stessa.<span class=\"_ _75\"> </span></span></span></span>In <span class=\"_ _0\"></span>questo <span class=\"_ _0\"></span>caso, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span><span class=\"ff6\">riconosce <span class=\"_ _0\"></span>inoltre <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata. <span class=\"_ _0\"></span>L\u2019attivit\u00e0 <span class=\"_ _0\"></span>trasferita <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>associata <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>valutate <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>modo<span class=\"_ _75\"> </span></span>da riflettere i diritti e le obbligazio<span class=\"_ _0\"></span>ni che rimangon<span class=\"_ _0\"></span>o di pertinenza <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _75\"> </span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>coinvolgimen<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>esiduo <span class=\"_ _3\"></span>dell\u2019entit\u00e0 <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>garan<span class=\"_ _0\"></span>zia <span class=\"_ _0\"></span>sull\u2019attivit\u00e0 <span class=\"_ _3\"></span>trasfer<span class=\"_ _0\"></span>ita, <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>coinvolgimento <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>misurato <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>inore<span class=\"_ _75\"> </span></span>tra l\u2019importo dell\u2019attivit\u00e0 e l\u2019<span class=\"_ _0\"></span>importo massimo del cor<span class=\"_ _0\"></span>rispettivo ricevuto che<span class=\"_ _0\"></span> l\u2019entit\u00e0 potrebbe dover<span class=\"_ _0\"></span> ripagare.<span class=\"_ _75\"> </span>Il Gruppo<span class=\"_ _0\"></span> alla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>presente b<span class=\"_ _0\"></span>ilancio <span class=\"_ _0\"></span>detiene<span class=\"_ _0\"></span> un <span class=\"_ _0\"></span>portafoglio<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>investimen<span class=\"_ _0\"></span>to che<span class=\"_ _0\"></span> include<span class=\"_ _0\"></span> strumenti <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>i e <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>liquidit\u00e0., <span class=\"_ _0\"></span>conferiti<span class=\"_ _75\"> </span>e gestiti per mezzo di un primario Istituto di Credito<span class=\"ls4\">, </span>valorizzati<span class=\"_ _0\"></span> al fair value tramite conto economico. Per maggiori dettag<span class=\"_ _0\"></span>li sii rimanda<span class=\"_ _75\"> </span>al paragrafo <span class=\"ls3\">3.</span>1<span class=\"_ _0\"></span><span class=\"ls3\">2 <span class=\"ff6 ls5\">\u201cA</span></span>ttivit\u00e0 finanziare correnti<span class=\"_ _0\"></span><span class=\"ff6\">\u201d</span>.<span class=\"_ _75\"> </span>ii) Passivit\u00e0 finanziarie<span class=\"_ _75\"> </span>Rilevazione e valutazione ini<span class=\"_ _0\"></span>ziale Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie sono <span class=\"_ _0\"></span>clas<span class=\"_ _0\"></span>sificate, al <span class=\"_ _0\"></span>momento <span class=\"_ _0\"></span>della rilevazi<span class=\"_ _0\"></span>one iniziale, <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>rilevato <span class=\"_ _0\"></span>a conto<span class=\"_ _75\"> </span>economico, tra i mutui e finan<span class=\"_ _0\"></span>ziamenti, o tra i d<span class=\"_ _0\"></span>erivati designati com<span class=\"_ _0\"></span>e strumenti di copertur<span class=\"_ _0\"></span>a.  Tutte le <span class=\"_ _0\"></span>passivit\u00e0 finan<span class=\"_ _0\"></span>ziarie son<span class=\"_ _0\"></span>o r<span class=\"_ _0\"></span>ilevate inizialmente <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair value</span> <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>si aggiungo<span class=\"_ _0\"></span>no, nel<span class=\"_ _0\"></span> caso <span class=\"_ _0\"></span>di mu<span class=\"_ _0\"></span>tui, finanziamen<span class=\"_ _0\"></span>ti e de<span class=\"_ _0\"></span>biti, <span class=\"_ _0\"></span>i costi<span class=\"_ _75\"> </span>di transazione ad essi direttam<span class=\"_ _0\"></span>ente attr<span class=\"_ _0\"></span>ibuibili.<span class=\"_ _75\"> </span>Le passivit\u00e0 finanziarie <span class=\"_ _0\"></span>del Grupp<span class=\"_ _0\"></span>o comprendono<span class=\"_ _0\"></span> mutui e finanziam<span class=\"_ _0\"></span>enti, e strum<span class=\"_ _0\"></span>enti finanziari deriv<span class=\"_ _0\"></span>ati.<span class=\"_ _75\"> </span>Valutazione successiva<span class=\"_ _75\"> </span>La valutazione delle pas<span class=\"_ _0\"></span>sivit\u00e0 finanziarie dipen<span class=\"_ _0\"></span>de dalla lor<span class=\"_ _0\"></span>o classificazione<span class=\"_ _0\"></span>, come di seguito descritto:<span class=\"_ _75\"> </span>Passivit\u00e0 finanziarie al fair<span class=\"_ _0\"></span> value rilevato a <span class=\"_ _0\"></span>conto economico<span class=\"_ _75\"> </span>Le passivit\u00e0 <span class=\"_ _0\"></span>finanziarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con variazioni <span class=\"_ _0\"></span>rilevate a <span class=\"_ _0\"></span>conto economico <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> passivit\u00e0 <span class=\"_ _0\"></span>detenute <span class=\"_ _0\"></span>per la <span class=\"_ _0\"></span>negoziazione <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span>passivit\u00e0 finanziarie r<span class=\"_ _0\"></span>ilevate inizialmente al <span class=\"_ _0\"></span><span class=\"ff3\">fair value</span> con var<span class=\"_ _0\"></span>iazioni r<span class=\"_ _0\"></span>ilevate a conto economico. Le passivit\u00e0 detenute<span class=\"_ _0\"></span> per la nego<span class=\"_ _0\"></span>ziazione sono tutte<span class=\"_ _0\"></span> quelle assunt<span class=\"_ _0\"></span>e con l\u2019intento d<span class=\"_ _0\"></span>i estinguerle o tr<span class=\"_ _0\"></span>asferirle nel breve ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span><span class=\"ff4\">ine. Questa<span class=\"_ _75\"> </span></span>categoria include inoltre gli <span class=\"_ _2\"></span>strumenti finanziari derivati sottoscritti dal<span class=\"_ _0\"></span><span class=\"ls7\">la</span> Societ\u00e0 che <span class=\"_ _2\"></span>non sono designati come strumenti di copertura in<span class=\"_ _75\"> </span>una <span class=\"_ _9\"> </span>relazione <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>cop<span class=\"_ _0\"></span>ertura <span class=\"_ _9\"> </span>definita <span class=\"_ _9\"> </span>dallo <span class=\"_ _9\"> </span>IFRS <span class=\"_ _9\"> </span>9. <span class=\"_ _5\"></span>I<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>derivati <span class=\"_ _5\"> </span>i<span class=\"_ _0\"></span>ncorporati, <span class=\"_ _9\"> </span>scorporati <span class=\"_ _9\"> </span>dal <span class=\"_ _9\"> </span>contratto <span class=\"_ _9\"> </span>principale, <span class=\"_ _9\"> </span>sono <span class=\"_ _9\"> </span>classific<span class=\"_ _3\"></span>ati <span class=\"_ _9\"> </span>come<span class=\"_ _75\"> </span>strumenti finanziari deten<span class=\"_ _0\"></span>uti per la negoziazion<span class=\"_ _0\"></span>e salvo che non sia<span class=\"_ _3\"></span>no designati come strum<span class=\"_ _0\"></span>enti di co<span class=\"_ _0\"></span>pertura efficaci.<span class=\"_ _75\"> </span>Gli utili o le perdite sulle pa<span class=\"_ _0\"></span>ssivit\u00e0 deten<span class=\"_ _0\"></span>ute per la negoziazione so<span class=\"_ _0\"></span>no rilevati nel prosp<span class=\"_ _0\"></span>etto dell\u2019utile/(per<span class=\"_ _0\"></span>dita) d\u2019eserci<span class=\"_ _0\"></span><span class=\"ff4\">zio.<span class=\"_ _75\"> </span></span>Le <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziarie <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>designate <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span><span class=\"ff3\">fair <span class=\"_ _0\"></span>value</span> <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>variazioni <span class=\"_ _0\"></span>rilevate <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>economico <span class=\"_ _0\"></span>dalla <span class=\"_ _0\"></span>data <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>prima <span class=\"_ _0\"></span>iscrizione, <span class=\"_ _0\"></span>solo <span class=\"_ _0\"></span>se <span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span>criteri dell\u2019IFRS <span class=\"_ _0\"></span>9 <span class=\"_ _0\"></span>sono soddisfatti<span class=\"_ _0\"></span>. Al m<span class=\"_ _0\"></span>oment<span class=\"_ _0\"></span><span class=\"ff4\">o della <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>iniziale, <span class=\"_ _0\"></span>il Gr<span class=\"_ _0\"></span>uppo non <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>designato <span class=\"_ _0\"></span>passivit\u00e0 finanz<span class=\"_ _0\"></span>iarie al <span class=\"_ _0\"></span><span class=\"ff3\">fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>con variazioni rilevate a conto e<span class=\"_ _0\"></span>conom<span class=\"_ _0\"></span>ico.<span class=\"_ _75\"> </span>Finanziamenti e crediti<span class=\"_ _75\"> </span>Dopo la rilevazione iniz<span class=\"_ _0\"></span>iale, i fina<span class=\"_ _0\"></span>nziamenti sono va<span class=\"_ _0\"></span>lutati con il crite<span class=\"_ _0\"></span>rio del costo amm<span class=\"_ _0\"></span>ortizzato usand<span class=\"_ _0\"></span>o il metodo de<span class=\"_ _0\"></span>l tasso<span class=\"_ _3\"></span> di interesse<span class=\"_ _75\"> </span>effettivo. Gli<span class=\"_ _0\"></span> utili <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>le per<span class=\"_ _0\"></span>dite son<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tabilizzati ne<span class=\"_ _0\"></span>l conto<span class=\"_ _0\"></span> econo<span class=\"_ _0\"></span>mico <span class=\"_ _0\"></span>quando la<span class=\"_ _0\"></span> passi<span class=\"_ _0\"></span>vit\u00e0 \u00e8<span class=\"_ _0\"></span> estinta, <span class=\"_ _0\"></span>oltre <span class=\"_ _0\"></span>che at<span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>averso <span class=\"_ _0\"></span>il proces<span class=\"_ _0\"></span>so di<span class=\"_ _75\"> </span>ammortamento.<span class=\"_ _75\"> </span>Il <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>mortizzato <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>calco<span class=\"_ _0\"></span>lato <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ilevando <span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>sconto <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>emio <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ull\u2019acquisizione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>onorari <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>costi <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fanno <span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>rte <span class=\"_ _3\"></span>int<span class=\"_ _0\"></span><span class=\"ff4\">eg<span class=\"_ _0\"></span>rante <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span></span>tasso <span class=\"_ _6\"> </span>di  interesse <span class=\"_ _6\"> </span>effettivo. <span class=\"_ _6\"> </span>L\u2019am<span class=\"_ _0\"></span>mortamento <span class=\"_ _6\"> </span>al <span class=\"_ _6\"> </span>tasso  di <span class=\"_ _6\"> </span>interesse <span class=\"_ _6\"> </span>effettivo <span class=\"_ _6\"> </span>\u00e8 <span class=\"_ _6\"> </span>compreso <span class=\"_ _6\"> </span>tra <span class=\"_ _6\"> </span>gli  oneri <span class=\"_ _6\"> </span>finanziari <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>pr<span class=\"_ _3\"></span><span class=\"ff4\">ospetto<span class=\"_ _75\"> </span></span>dell\u2019util<span class=\"ff4 ls3\">e/<span class=\"ls0\">(perdita).<span class=\"_ _75\"> </span></span></span>Cancellazione<span class=\"_ _75\"> </span>Una <span class=\"_ _9\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iaria <span class=\"_ _9\"> </span>viene<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>cancellata <span class=\"_ _9\"> </span>quando<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>l\u2019obbliga<span class=\"_ _0\"></span>zione <span class=\"_ _7\"> </span>sottostante <span class=\"_ _9\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>passi<span class=\"_ _0\"></span>vit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _7\"> </span>estinta, <span class=\"_ _7\"> </span>annullata <span class=\"_ _9\"> </span>ov<span class=\"_ _0\"></span>vero <span class=\"_ _7\"> </span>adempiu<span class=\"_ _0\"></span><span class=\"ff4 ls4\">ta.<span class=\"_ _75\"> </span></span>Laddove <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>passivit\u00e0 <span class=\"_ _0\"></span>finanziaria <span class=\"_ _0\"></span>esistente <span class=\"_ _0\"></span>fosse<span class=\"_ _0\"></span> sostitu<span class=\"_ _0\"></span>ita da<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>\u2019altra <span class=\"_ _0\"></span>dello <span class=\"_ _0\"></span>stesso <span class=\"_ _0\"></span>prestator<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>condizioni <span class=\"_ _0\"></span>sostanzialment<span class=\"_ _3\"></span><span class=\"ff4 ls3\">e <span class=\"ls0\">di<span class=\"_ _0\"></span>verse,<span class=\"_ _75\"> </span></span></span>oppure le condizioni di una passivit\u00e0 esistente <span class=\"_ _2\"></span>venissero sostanzia<span class=\"_ _0\"></span>lmente modificate, tale scambio o modifica viene trattato <span class=\"_ _0\"></span>come una<span class=\"_ _75\"> </span>cancellazione <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>pas<span class=\"_ _0\"></span>sivit\u00e0 <span class=\"_ _0\"></span>originale, <span class=\"_ _0\"></span>accompagnata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>rilevazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>nuova <span class=\"_ _0\"></span>passivit\u00e0, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>isc<span class=\"_ _3\"></span>rizione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>prospetto<span class=\"_ _75\"> </span>dell\u2019utile/(perdita) d\u2019esercizio di e<span class=\"_ _0\"></span>ventuali differenze t<span class=\"_ _0\"></span>ra i valori contab<span class=\"_ _0\"></span>ili.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-334": {
   "value": "1.4.12<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rimanenze<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Le <span class=\"_ _2\"></span>rimanenze sono <span class=\"_ _8\"></span>valutate al <span class=\"_ _8\"></span>minore fra <span class=\"_ _8\"></span>il costo <span class=\"_ _8\"></span>e il <span class=\"_ _8\"></span>valore di <span class=\"_ _8\"></span>presumibile netto <span class=\"_ _8\"></span>realizzo.<span class=\"_ _0\"></span> <span class=\"ls4\">Il</span> <span class=\"_ _8\"></span>criterio di <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>izzazione <span class=\"_ _2\"></span>adottato \u00e8 <span class=\"_ _8\"></span>il metodo<span class=\"_ _75\"> </span> del<span class=\"ls0\"> costo medio ponderato<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span><span class=\"ls0\"> </span>I costi sostenuti per portar<span class=\"_ _0\"></span>e ciascun bene ne<span class=\"_ _0\"></span>l luogo e nelle condizi<span class=\"_ _0\"></span>oni attuali sono rilevati com<span class=\"_ _0\"></span>e seg<span class=\"_ _0\"></span>ue:<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Materie <span class=\"_ _2\"></span>prime: costo <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>acquisto calcolato <span class=\"_ _8\"></span>con il <span class=\"_ _8\"></span>metodo del <span class=\"_ _8\"></span>costo medio <span class=\"_ _2\"></span>ponderato<span class=\"_ _0\"></span><span class=\"ff6\">, eventualmente <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ettificato <span class=\"_ _2\"></span>qualora l\u2019ultimo<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ff6\"> </span></span></span>prezzo di acquisto sia inferiore a<span class=\"_ _0\"></span>l valore di mer<span class=\"_ _0\"></span>cato della materia prima ste<span class=\"_ _0\"></span>ssa.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Prodotti finiti <span class=\"_ _2\"></span>e semilavorati: costo dirett<span class=\"_ _0\"></span>o dei materiali e <span class=\"_ _2\"></span>del lavoro pi\u00f9 una quota delle spese <span class=\"_ _2\"></span>generali di produzione, definita<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>in base alla normale capacit\u00e0 pr<span class=\"_ _0\"></span>oduttiva, escludendo<span class=\"_ _0\"></span> gli oneri finan<span class=\"_ _0\"></span>ziari, attraverso u<span class=\"_ _0\"></span>na distinta base;<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> Il valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>presumibile <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>realizzo \u00e8 <span class=\"_ _0\"></span>costitu<span class=\"_ _0\"></span>ito da<span class=\"_ _0\"></span>l no<span class=\"_ _0\"></span>rmale <span class=\"_ _0\"></span>prezzo <span class=\"_ _0\"></span>stimato <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>vendita <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>normale <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>attivit\u00e0, <span class=\"_ _4\"></span>dedotti i <span class=\"_ _0\"></span>costi<span class=\"_ _75\"> </span> stimati di completamento e i co<span class=\"_ _0\"></span>sti st<span class=\"_ _0\"></span>imati per realizzare la ven<span class=\"_ _0\"></span>dita.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-337": {
   "value": "1.4.13<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Perdita di v<span class=\"_ _0\"></span>alore di attivit\u00e0 non<span class=\"_ _0\"></span> finanziarie<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Ad ogni <span class=\"_ _0\"></span>chiusura<span class=\"_ _0\"></span> di bi<span class=\"_ _0\"></span>lancio <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"ff6\">valuta <span class=\"_ _0\"></span>l\u2019eventuale<span class=\"_ _0\"></span> esistenza<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di indicator<span class=\"_ _0\"></span>i di <span class=\"_ _0\"></span>perdita<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>In ta<span class=\"_ _0\"></span>l ca<span class=\"_ _0\"></span>so, o<span class=\"_ _0\"></span> nei <span class=\"_ _0\"></span>casi<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>in cui \u00e8 <span class=\"_ _2\"></span>richiesta una verifica annuale <span class=\"_ _2\"></span>sulla perdita di valore, il Grup<span class=\"_ _2\"></span>po <span class=\"ls3\">effettua una <span class=\"_ _2\"></span>stima del<span class=\"_ _2\"></span> valore r<span class=\"_ _2\"></span>ecuperabile. Il <span class=\"_ _2\"></span>valore recuperabile<span class=\"_ _75\"> </span></span><span class=\"ls3\"><span class=\"_ _2\"></span> </span>\u00e8 il <span class=\"_ _8\"></span>maggior<span class=\"_ _0\"></span>e fra <span class=\"_ _2\"></span>il <span class=\"ff3\">fair <span class=\"_ _2\"></span>value<span class=\"ff4\"> <span class=\"ff6\">dell\u2019attivit\u00e0 o <span class=\"_ _2\"></span>unit\u00e0 generatrice di <span class=\"_ _2\"></span>flussi finanziari, al <span class=\"_ _8\"></span>netto<span class=\"_ _0\"></span> dei <span class=\"_ _2\"></span>costi di <span class=\"_ _2\"></span>vendita, e il <span class=\"_ _8\"></span>suo<span class=\"_ _0\"></span> valore <span class=\"_ _2\"></span>d\u2019uso. Il <span class=\"_ _2\"></span>valore<span class=\"_ _75\"> </span></span></span></span><span class=\"ff3\"><span class=\"ff4\"><span class=\"ff6\"><span class=\"_ _0\"></span> </span></span></span>recuperabile <span class=\"_ _9\"> </span>viene <span class=\"_ _5\"></span>determinato<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>per <span class=\"_ _5\"></span>singola <span class=\"_ _9\"> </span>attivit\u00e0, <span class=\"_ _5\"></span>tran<span class=\"_ _0\"></span>ne <span class=\"_ _5\"></span>quan<span class=\"_ _0\"></span>do <span class=\"_ _5\"> </span>tale <span class=\"_ _9\"> </span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _9\"> </span>generi <span class=\"_ _5\"> </span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _9\"> </span>finanziari <span class=\"_ _5\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sono <span class=\"_ _9\"> </span>ampiamente<span class=\"_ _75\"> </span> indipendenti <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>quelli <span class=\"_ _9\"> </span>generati <span class=\"_ _9\"> </span>d<span class=\"_ _0\"></span>a <span class=\"_ _9\"> </span>altre <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>grup<span class=\"_ _0\"></span>pi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>attivit\u00e0. <span class=\"_ _9\"> </span>Se <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>valore <span class=\"_ _9\"> </span>contab<span class=\"_ _0\"></span>ile <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>un\u2019attivit\u00e0 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>super<span class=\"_ _0\"></span>iore <span class=\"_ _9\"> </span>al  <span class=\"ff4\">suo <span class=\"_ _9\"> </span>valore<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>recuperabile, tale attivit\u00e0 ha subit<span class=\"_ _0\"></span>o una perdita<span class=\"_ _0\"></span> di valore ed \u00e8 <span class=\"_ _0\"></span>conseg<span class=\"_ _0\"></span>uentemente svalutata fino a <span class=\"_ _0\"></span>riportar<span class=\"_ _0\"></span>la al valore recuperabile. <span class=\"_ _0\"></span> Nel <span class=\"_ _8\"></span><span class=\"ff6\">deter<span class=\"_ _0\"></span>minare <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>d\u2019uso, <span class=\"ff4\">il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>scont<span class=\"_ _0\"></span>a <span class=\"_ _8\"></span>al <span class=\"_ _2\"></span>valore attuale <span class=\"_ _8\"></span>i <span class=\"_ _8\"></span>f<span class=\"_ _0\"></span>lussi <span class=\"_ _8\"></span>fina<span class=\"_ _0\"></span>nziari <span class=\"_ _2\"></span>stimati <span class=\"_ _8\"></span>futur<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>sando <span class=\"_ _2\"></span>un <span class=\"_ _2\"></span>tasso <span class=\"_ _8\"></span>di sconto <span class=\"_ _8\"></span>ante<span class=\"_ _0\"></span>-imposte,<span class=\"_ _75\"> </span></span></span><span class=\"ff6\"><span class=\"ff4\"> </span></span>che riflette le valutazioni <span class=\"_ _2\"></span>di mercato del valore attuale del denaro e <span class=\"_ _2\"></span>i rischi specifici <span class=\"_ _2\"></span>dell\u2019attivit\u00e0. Nel deter<span class=\"_ _0\"></span>minare il <span class=\"ff3\">fair value<span class=\"ff4\"> al netto dei<span class=\"_ _75\"> </span></span></span><span class=\"ff3\"><span class=\"ff4\"> </span></span>costi <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>vendita <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>tiene <span class=\"_ _3\"></span>conto <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>transazioni <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>centi <span class=\"_ _4\"></span>intervenute <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>mercato. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>basa <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _3\"></span>test <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span><span class=\"ff3\">impair<span class=\"_ _0\"></span>ment</span> <span class=\"_ _4\"></span>su <span class=\"_ _3\"></span>budget<span class=\"_ _75\"> </span> dettagliati e <span class=\"_ _0\"></span>calcoli previsionali, <span class=\"_ _0\"></span>pred<span class=\"_ _0\"></span>isposti separatam<span class=\"_ _0\"></span>ente sull\u2019unit<span class=\"_ _0\"></span>\u00e0 gener<span class=\"_ _0\"></span>atrice di <span class=\"_ _0\"></span>flussi di <span class=\"_ _0\"></span>cassa <span class=\"_ _0\"></span><span class=\"ff4\">del <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>cui sono <span class=\"_ _0\"></span>allocati att<span class=\"_ _0\"></span>ivit\u00e0<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>individuali. Questi bud<span class=\"_ _0\"></span>get e calcol<span class=\"_ _0\"></span>i previsionali cop<span class=\"_ _0\"></span>rono generalmen<span class=\"_ _0\"></span>te un periodo<span class=\"_ _0\"></span> di quattro a<span class=\"_ _0\"></span>nni.  <span class=\"_ _0\"></span>Per proiettare i futuri f<span class=\"_ _4\"></span>lussi di cassa<span class=\"_ _75\"> </span> oltre il quinto anno viene calc<span class=\"_ _0\"></span>olato un t<span class=\"_ _0\"></span>asso di crescita a lungo ter<span class=\"_ _0\"></span>mine (<span class=\"_ _0\"></span><span class=\"ff3\">terminal va<span class=\"_ _0\"></span>lue</span><span class=\"ls5\">).<span class=\"_ _75\"> </span></span> Le <span class=\"_ _8\"></span>per<span class=\"_ _0\"></span>dite <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>valore <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>attivit\u00e0 <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>fun<span class=\"_ _0\"></span>zionamento <span class=\"_ _2\"></span>sono <span class=\"_ _8\"></span>rilevate nel <span class=\"_ _8\"></span>prospetto <span class=\"_ _8\"></span>dell\u2019utile/(<span class=\"_ _0\"></span>perdita) <span class=\"_ _2\"></span>d\u2019esercizio <span class=\"_ _2\"></span>nelle <span class=\"_ _8\"></span>catego<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span><span class=\"ff4\">e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>costo <span class=\"_ _2\"></span>coerenti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>con <span class=\"_ _7\"> </span>la <span class=\"_ _9\"> </span>destinaz<span class=\"_ _0\"></span>ione <span class=\"_ _7\"> </span>dell\u2019attivit\u00e0  che <span class=\"_ _9\"> </span>ha <span class=\"_ _7\"> </span>evidenziato <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>perdita <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>valore. <span class=\"_ _7\"> </span>Fanno <span class=\"_ _7\"> </span>eccezione <span class=\"_ _7\"> </span>le <span class=\"_ _7\"> </span>immobilizzazioni<span class=\"_ _0\"></span>  <span class=\"ff4\">precedentemente<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>rivalutate, laddove la rivalutazione \u00e8 stata contabilizzata<span class=\"_ _0\"></span> tra le altre componenti di conto economico complessivo. In tali c<span class=\"_ _0\"></span>asi la perdita<span class=\"_ _75\"> </span> di valore <span class=\"_ _8\"></span>\u00e8 a sua <span class=\"_ _2\"></span>volta rilevata <span class=\"_ _8\"></span>tr<span class=\"_ _0\"></span>a le <span class=\"_ _8\"></span>altre componenti conto <span class=\"_ _2\"></span>economico complessivo <span class=\"_ _2\"></span>fino a <span class=\"_ _2\"></span>concorre<span class=\"_ _0\"></span>nza della precedente <span class=\"_ _2\"></span>rivalutazione.<span class=\"_ _75\"> </span> Per le attivit\u00e0 diverse dall\u2019avviamento,<span class=\"ff4\"> a ogni chiusura di bilancio, il Gruppo </span>valuta l\u2019eventuale esistenza<span class=\"_ _0\"></span> di indicatori del <span class=\"_ _2\"></span>venir meno (o<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> della riduzione) di perdite di va<span class=\"_ _0\"></span>lore precede<span class=\"_ _0\"></span>ntemente rilevate e, qu<span class=\"_ _0\"></span>alora tali indicatori esistano,<span class=\"_ _0\"></span> stima il valore r<span class=\"_ _0\"></span>ecuperab<span class=\"_ _3\"></span><span class=\"ff6\">ile dell\u2019attivit<span class=\"_ _0\"></span>\u00e0<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>o <span class=\"_ _8\"></span>della <span class=\"_ _2\"></span>CGU. <span class=\"_ _8\"></span>Il valore <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>un\u2019attivit\u00e0 precedentemen<span class=\"ff4\">te <span class=\"_ _2\"></span>svalutata <span class=\"_ _8\"></span>pu\u00f2 essere <span class=\"_ _8\"></span>ripristinato<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>solo <span class=\"_ _2\"></span>se <span class=\"_ _8\"></span>vi sono <span class=\"_ _8\"></span>stati <span class=\"_ _2\"></span>cambiamenti <span class=\"_ _2\"></span>delle <span class=\"_ _8\"></span>assun<span class=\"_ _0\"></span>zioni<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>su <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>basava <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>calcolo <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>recuperabile <span class=\"_ _3\"></span>determinato, <span class=\"_ _4\"></span>successivi <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>rilevazi<span class=\"_ _0\"></span><span class=\"ff6\">on<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>dell\u2019ultim<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>perdita <span class=\"_ _4\"></span>di <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e. <span class=\"_ _3\"></span>La <span class=\"_ _3\"></span>ripresa<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>valore <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>pu<span class=\"_ _0\"></span>\u00f2 <span class=\"_ _3\"></span>eccedere <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>carico <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sareb<span class=\"_ _0\"></span>be <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>det<span class=\"_ _0\"></span>erminato, <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>netto <span class=\"_ _3\"></span>degli <span class=\"_ _3\"></span>ammorta<span class=\"_ _0\"></span>menti, <span class=\"_ _3\"></span>nell\u2019ipotesi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>cui<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>n<span class=\"_ _3\"></span><span class=\"ff4\">essuna<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>perdita di valore fosse <span class=\"_ _2\"></span>stata rilevata in esercizi precedenti. Tale ripresa<span class=\"_ _0\"></span> <span class=\"ff6\">\u00e8 rilevata nel <span class=\"_ _2\"></span>prospetto dell\u2019utile/(perdita<span class=\"_ _0\"></span>) d\u2019esercizio salvo che<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>l\u2019immobilizzazione non sia contab<span class=\"_ _0\"></span>ilizzata a valore r<span class=\"_ _0\"></span>ivalutato, nel qu<span class=\"_ _0\"></span>al caso la ripresa \u00e8 tr<span class=\"_ _0\"></span>attata come <span class=\"_ _0\"></span>un incremento da r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span><span class=\"ff4\">lutazione.<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-336": {
   "value": "1.4.14<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Disponibilit<span class=\"_ _0\"></span>\u00e0 liquide e depo<span class=\"_ _0\"></span>siti a breve termine<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le disponibilit\u00e0 liquide e i depositi a <span class=\"_ _2\"></span>breve termine comprendono il denaro in cassa, sia in valuta nazionale che estera, i valori bollati e<span class=\"_ _75\"> </span> le giacenze monetarie risultan<span class=\"_ _0\"></span>ti dai conti intratten<span class=\"_ _0\"></span>uti dal Gr<span class=\"_ _0\"></span>uppo con e<span class=\"_ _0\"></span>nti creditizi. Sono tutt<span class=\"_ _0\"></span>i espressi al loro va<span class=\"_ _0\"></span>lore nominale.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Ai <span class=\"_ _8\"></span>fini della <span class=\"_ _8\"></span>rappr<span class=\"_ _0\"></span>esentazione nel <span class=\"_ _8\"></span>rendicon<span class=\"_ _0\"></span>to <span class=\"_ _2\"></span>finanziario, <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>disponibil<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _2\"></span>liquide <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>mezzi equivalenti <span class=\"_ _8\"></span>son<span class=\"_ _0\"></span>o <span class=\"_ _2\"></span>rappresentati da<span class=\"_ _0\"></span>lle <span class=\"_ _2\"></span>disponibilit\u00e0<span class=\"_ _75\"> </span> liquide come definite sopra.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-335": {
   "value": "1.4.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Azioni Propr<span class=\"_ _0\"></span>ie<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Le <span class=\"_ _7\"> </span>azioni <span class=\"_ _7\"> </span>proprie<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>riacquistate  sono  rilevate <span class=\"_ _9\"> </span>al<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>costo  e <span class=\"_ _9\"> </span>po<span class=\"_ _0\"></span>rtate  in <span class=\"_ _9\"> </span>diminuzion<span class=\"_ _0\"></span>e  del <span class=\"_ _9\"> </span>patrimonio<span class=\"_ _0\"></span>  netto.<span class=\"_ _0\"></span>  <span class=\"ff6\">L\u2019acquisto, <span class=\"_ _7\"> </span>la <span class=\"_ _7\"> </span>vendita  o <span class=\"_ _7\"> </span>la<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>cancellazione <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>azioni <span class=\"_ _2\"></span>proprie non <span class=\"_ _2\"></span>danno <span class=\"_ _2\"></span>origine a <span class=\"_ _8\"></span>nessun profitto <span class=\"_ _8\"></span>o <span class=\"_ _2\"></span>perdita nel <span class=\"_ _8\"></span>conto economico. <span class=\"_ _8\"></span> L<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>differenza tra <span class=\"_ _8\"></span>il valore di <span class=\"_ _8\"></span>acquisto<span class=\"_ _75\"> </span> e il corrispettivo, in caso d<span class=\"_ _0\"></span>i riemissione, \u00e8 r<span class=\"_ _0\"></span>ilevata nella riserva so<span class=\"_ _0\"></span>vraprezzo azioni.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-339": {
   "value": "1.4.16<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Fondi r<span class=\"_ _0\"></span>ischi<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>fondi <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rischi <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>oneri <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>effettuati <span class=\"_ _4\"></span>quando <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span><span class=\"ff6\">deve <span class=\"_ _4\"></span>far <span class=\"_ _4\"></span>fronte <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>un\u2019obbligazione <span class=\"_ _4\"></span>attuale <span class=\"_ _4\"></span>(legale <span class=\"_ _4\"></span>o<span class=\"_ _75\"> </span></span><span class=\"ff6\"><span class=\"_ _0\"></span> </span>implicita) risultante da<span class=\"_ _0\"></span> un evento pa<span class=\"_ _0\"></span>ssato, \u00e8 probabile un e<span class=\"_ _0\"></span>sborso <span class=\"_ _0\"></span>di risorse per far fr<span class=\"_ _0\"></span>onte a tale obbl<span class=\"_ _0\"></span>igazione ed \u00e8 possibi<span class=\"_ _3\"></span>le effettuar<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span> una <span class=\"_ _0\"></span>stima <span class=\"_ _3\"></span>affidabile <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>suo <span class=\"_ _0\"></span>ammontare. <span class=\"_ _3\"></span>Quando <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ritiene <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>accantonamento <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>oneri <span class=\"_ _0\"></span>sar<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>del<span class=\"_ _75\"> </span> tutto <span class=\"_ _4\"></span>rimborsato, <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>esempio <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>caso <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>rischi <span class=\"_ _4\"></span>coperti <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>poliz<span class=\"_ _0\"></span>ze <span class=\"_ _4\"></span>assicurative, <span class=\"_ _4\"></span>l\u2019indenni<span class=\"_ _0\"></span>zzo <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>rilevato <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>modo <span class=\"_ _4\"></span>distinto <span class=\"_ _4\"></span>e <span class=\"_ _9\"> </span><span class=\"ff4\">separato<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>nell\u2019attivo se, e solo se, esso <span class=\"_ _2\"></span>risul<span class=\"_ _0\"></span>ta pratica<span class=\"ff4\">mente c</span>erto. In tal caso, il costo dell\u2019eventuale accantonam<span class=\"_ _0\"></span>ento \u00e8 presentato nel prospetto<span class=\"_ _75\"> </span> dell\u2019utile/(perdita) d\u2019esercizio al n<span class=\"_ _0\"></span>etto dell\u2019ammon<span class=\"_ _0\"></span>tare rilevato per l\u2019i<span class=\"_ _0\"></span>ndennizzo.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Se <span class=\"_ _3\"></span>l\u2019effetto <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>naro <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>tempo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>significativo, <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>accantonamenti <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>attualizzati <span class=\"_ _4\"></span>utilizzando <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sc<span class=\"_ _0\"></span><span class=\"ff4\">onto <span class=\"_ _4\"></span>ante<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>imposte <span class=\"_ _10\"> </span>che <span class=\"_ _1c\"> </span>riflette,<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>ove<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>adeg<span class=\"_ _0\"></span>uato, <span class=\"_ _1c\"> </span>i <span class=\"_ _10\"> </span>risch<span class=\"_ _0\"></span>i <span class=\"_ _10\"> </span>specifici <span class=\"_ _1c\"> </span>delle <span class=\"_ _1c\"> </span>passivit\u00e0. <span class=\"_ _39\"> </span>Quando <span class=\"_ _10\"> </span>la<span class=\"_ _0\"></span> <span class=\"_ _10\"> </span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _1c\"> </span>viene <span class=\"_ _10\"> </span>attua<span class=\"_ _0\"></span>lizzata, <span class=\"_ _1c\"> </span>l\u2019increme<span class=\"_ _3\"></span><span class=\"ff4 ls3\">nto<span class=\"_ _75\"> </span></span><span class=\"ff4 ls3\"> </span>dell\u2019accantonamento dovuto al t<span class=\"_ _0\"></span>rascorrer<span class=\"_ _0\"></span>e del tempo \u00e8 rilevato com<span class=\"_ _0\"></span>e onere finanziario. <span class=\"_ _3\"></span><span class=\"ff4\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-338": {
   "value": "1.4.17<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Passivit\u00e0 per<span class=\"_ _0\"></span> benefici a dip<span class=\"_ _0\"></span>endenti<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il costo dei benefici previsti ai sen<span class=\"_ _0\"></span>si del piano a benefici definiti \u00e8 d<span class=\"_ _0\"></span>eterminato usan<span class=\"_ _0\"></span>do il metodo attuariale della p<span class=\"_ _0\"></span>roiezi<span class=\"_ _0\"></span>one unitar<span class=\"_ _0\"></span>ia del<span class=\"_ _75\"> </span> credito.<span class=\"_ _75\"> </span>Le rivalutazioni, che <span class=\"_ _0\"></span>comprendono<span class=\"_ _0\"></span> gli utili e le p<span class=\"_ _0\"></span>erdite attua<span class=\"_ _0\"></span>riali, le <span class=\"_ _0\"></span>variazioni nell\u2019effetto de<span class=\"_ _0\"></span>l massima<span class=\"_ _0\"></span>le delle attivit\u00e0,<span class=\"_ _3\"></span><span class=\"ff4\"> esclusi<span class=\"_ _0\"></span> gli importi<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>compresi <span class=\"_ _4\"></span>negli <span class=\"_ _3\"></span>interessi <span class=\"_ _4\"></span>netti <span class=\"_ _3\"></span>sull<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>passivit\u00e0 <span class=\"_ _3\"></span>netta <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>benefi<span class=\"_ _0\"></span>ci <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>initi <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>rendimento <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>vizio <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>piano <span class=\"_ _4\"></span>(esclusi <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>li<span class=\"_ _75\"> </span> importi <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>presi <span class=\"_ _5\"></span>negli <span class=\"_ _9\"> </span>interessi <span class=\"_ _9\"> </span>netti <span class=\"_ _5\"></span>sulla <span class=\"_ _5\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _5\"></span>netta<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>per <span class=\"_ _9\"> </span>benefici <span class=\"_ _5\"></span>definiti), <span class=\"_ _9\"> </span>sono <span class=\"_ _5\"></span>rilevate <span class=\"_ _9\"> </span>immediatamente <span class=\"_ _9\"> </span>nel <span class=\"_ _5\"></span>prospet<span class=\"_ _3\"></span>to <span class=\"_ _9\"> </span>della<span class=\"_ _75\"> </span> situazione  patrimoniale-finanziar<span class=\"_ _0\"></span>ia  addebitando  o <span class=\"_ _7\"> </span>accreditando<span class=\"_ _0\"></span>  gli <span class=\"_ _7\"> </span>utili  portati  a <span class=\"_ _7\"> </span>nuovo  at<span class=\"_ _0\"></span>traverso  le <span class=\"_ _7\"> </span>altre  componenti  di  conto<span class=\"_ _75\"> </span> economico complessivo n<span class=\"_ _0\"></span>ell\u2019esercizio in cui s<span class=\"_ _0\"></span>i manifestano. <span class=\"_ _0\"></span><span class=\"ff4\"> </span>Le rivalutazioni non sono ricla<span class=\"_ _0\"></span>ssificate a conto <span class=\"_ _0\"></span>economico negli ese<span class=\"_ _0\"></span>rcizi successivi.  <span class=\"_ _3\"></span> Il costo relativo alle prestaz<span class=\"_ _0\"></span>ioni di lavoro p<span class=\"_ _0\"></span>assate \u00e8 rilevato a conto <span class=\"_ _0\"></span>economico alla data pi\u00f9 r<span class=\"_ _0\"></span>emota tra le<span class=\"_ _0\"></span> seguenti: <span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la data in cui si verifica una mod<span class=\"_ _0\"></span>ifica o la riduzione del p<span class=\"_ _0\"></span>iano; e </span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">la <span class=\"_ _8\"></span>data in <span class=\"_ _2\"></span>cui la <span class=\"_ _8\"></span>Societ\u00e0<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>rileva <span class=\"_ _2\"></span>i costi <span class=\"_ _8\"></span>di ristrutturazione correlati <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>benefici dovuti <span class=\"_ _2\"></span>ai <span class=\"_ _2\"></span>dipendenti per <span class=\"_ _2\"></span>la cessazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>rapporto<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>di lavoro.<span class=\"_ _75\"> </span> Gli <span class=\"_ _0\"></span>interessi <span class=\"_ _3\"></span>netti <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>passivit\u00e0 <span class=\"_ _3\"></span>/<span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>tta <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>nefici <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finiti <span class=\"_ _3\"></span>devono <span class=\"_ _3\"></span>essere <span class=\"_ _3\"></span>determinati <span class=\"_ _3\"></span>moltiplicando <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>passivit<span class=\"_ _3\"></span>\u00e0 <span class=\"_ _0\"></span>/at<span class=\"_ _0\"></span>tivit\u00e0 <span class=\"_ _3\"></span><span class=\"ls3\">netta<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>per <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>tasso <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sconto. <span class=\"_ _3\"></span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span><span class=\"ff6\">r<span class=\"_ _0\"></span>ileva <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>seguenti<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>variazioni <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ll\u2019obbligazione <span class=\"_ _4\"></span>netta <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>benefic<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>definiti <span class=\"_ _4\"></span>nel <span class=\"_ _0\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>ven<span class=\"_ _0\"></span>duto, <span class=\"_ _3\"></span>nelle<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>spese amministrative e nei co<span class=\"_ _0\"></span>sti di vendita e <span class=\"_ _0\"></span>distribuzione nel con<span class=\"_ _0\"></span>to economico (<span class=\"_ _0\"></span>per natura): <span class=\"_ _3\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Costi per prestazioni di lavoro, comprensivi di costi per prestazioni di lavoro correnti<span class=\"_ _0\"></span> e passate, utili e perdite su riduzi<span class=\"_ _0\"></span>oni ed<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>estinzioni non di routine; <span class=\"_ _0\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Interessi attivi o passivi netti<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-285": {
   "value": " <span class=\"_ _6f\"> </span><span class=\"ff5\">Settori operativi: infor<span class=\"_ _2\"></span>mativa<span class=\"_ _75\"> </span></span>Ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>gestionali <span class=\"_ _4\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oduttivi, <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>organizzato <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>business <span class=\"_ _4\"></span>units <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>base <span class=\"_ _4\"></span>ai <span class=\"_ _3\"></span>prodotti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vizi <span class=\"_ _3\"></span>forniti <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _4\"></span>tre <span class=\"_ _3\"></span>settori <span class=\"_ _3\"></span>oper<span class=\"_ _0\"></span>ativi,<span class=\"_ _75\"> </span>illustrati di seguito:<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _6c\"> </span><span class=\"ff4\">il settore Pharma: Fine Foods &amp; <span class=\"_ _0\"></span>Pharmaceuticals <span class=\"_ _0\"></span>NTM S.p.A. produce far<span class=\"_ _0\"></span>maci nello stabilimento d<span class=\"_ _0\"></span>i Brembate, in pr<span class=\"_ _0\"></span>ovincia<span class=\"_ _75\"> </span></span></span>di Bergamo su un\u2019area com<span class=\"_ _0\"></span>plessiva di 26.100 mq. <span class=\"_ _0\"></span>Lo stabilimento pr<span class=\"_ _0\"></span>oduce polveri e granuli, com<span class=\"_ _0\"></span>presse, compresse<span class=\"_ _75\"> </span>filmate e capsule di gelatina <span class=\"_ _0\"></span>dura, confezionati in <span class=\"_ _0\"></span>bustine, blister e <span class=\"_ _0\"></span>pilloliere.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _6c\"> </span><span class=\"ff6\">il settore Nutra: Fine Foods &amp; Ph<span class=\"_ _0\"></span>armaceuticals NTM S.p.<span class=\"_ _0\"></span>A. produce n<span class=\"_ _0\"></span>utraceutici nell\u2019impianto d<span class=\"_ _0\"></span>i Zingonia, in pr<span class=\"_ _0\"></span>ovincia di<span class=\"_ _75\"> </span></span></span>Bergamo, su un\u2019area complessiv<span class=\"_ _0\"></span>a di 45.600 mq. <span class=\"_ _0\"></span>Lo stabilimento di Z<span class=\"_ _0\"></span>ingonia produce polveri e g<span class=\"_ _0\"></span>ranulati solubili ed<span class=\"_ _75\"> </span>effervescenti, compr<span class=\"_ _0\"></span>esse solubili, ef<span class=\"_ _0\"></span>fervescenti e masticabil<span class=\"_ _0\"></span>i, compresse filma<span class=\"_ _0\"></span>te e capsule di gelatin<span class=\"_ _0\"></span>a dura, confezion<span class=\"_ _0\"></span>ati in<span class=\"_ _75\"> </span>buste, stick, bustine, barattoli<span class=\"_ _0\"></span>, pilloliere, blister<span class=\"_ _0\"></span> e strip.<span class=\"_ _75\"> </span>-<span class=\"ff9\"> <span class=\"_ _58\"> </span><span class=\"ff4 fs0\">il settor<span class=\"_ _0\"></span>e Cosmetica: la contr<span class=\"_ _0\"></span>ollata Fine Cosm<span class=\"_ _0\"></span>etics svolge la propr<span class=\"_ _0\"></span>ia attivit\u00e0 nel settore della prod<span class=\"_ _0\"></span>uzione conto ter<span class=\"_ _0\"></span>zi e del<span class=\"_ _75\"> </span></span></span>commercio di prodotti cosm<span class=\"_ _0\"></span>etici (hair car<span class=\"_ _0\"></span>e, skin care e oral care)<span class=\"_ _0\"></span> presso lo stabilimento di T<span class=\"_ _0\"></span>renzano, in pr<span class=\"_ _0\"></span>ovincia di<span class=\"_ _75\"> </span>Brescia.<span class=\"_ _75\"> </span>Gli <span class=\"_ _9\"> </span>amministratori <span class=\"_ _9\"> </span>monitoran<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>sep<span class=\"_ _0\"></span>aratamente <span class=\"_ _9\"> </span>i <span class=\"_ _9\"> </span>risultati <span class=\"_ _7\"> </span>conseguiti <span class=\"_ _9\"> </span>dalle <span class=\"_ _9\"> </span>bu<span class=\"_ _0\"></span>siness <span class=\"_ _9\"> </span>unit <span class=\"_ _9\"> </span>allo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>scopo <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>pren<span class=\"_ _0\"></span>dere <span class=\"_ _9\"> </span>decisioni <span class=\"_ _9\"> </span>in<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>me<span class=\"_ _3\"></span>rito<span class=\"_ _75\"> </span>all\u2019allocazione <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>risorse<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>alla<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>verifica <span class=\"_ _3\"></span>della <span class=\"_ _0\"></span>perform<span class=\"_ _0\"></span>ance. <span class=\"_ _0\"></span>La<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>per<span class=\"_ _0\"></span>formance <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>settori <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>valutata <span class=\"_ _4\"></span><span class=\"ff4\">sulla <span class=\"_ _0\"></span>base <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>risultato <span class=\"_ _3\"></span>operativo.<span class=\"_ _75\"> </span></span>La gestione finanziaria e le im<span class=\"_ _0\"></span>poste sul reddito<span class=\"_ _0\"></span> sono gestiti a livello <span class=\"_ _0\"></span>di Societ\u00e0<span class=\"_ _0\"></span> e non sono a<span class=\"_ _0\"></span>llocati ai sett<span class=\"_ _0\"></span>ori operativi.<table class=\"s w31c h271\" id=\"_19154678-97af-475f-9652-d860f97654cf\"><tr><td class=\"c x195 y1623 w1cc h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>25<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1623 w1cd h1bc\"><div class=\"t m0 x5d h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d6 y1623 w1ce h1bc\"><div class=\"t m0 x69 h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1d7 y1623 w1cf h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1d8 y1623 w1d0 h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Totale settori </div></td></tr><tr><td class=\"c x195 y1624 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Ricavi e proventi </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1625 w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Ricavi da contratti con clienti </div></td><td class=\"c x1d5 y1625 w1cd h19c\"><div class=\"t m0 x90 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 136.106.591  </div></td><td class=\"c x1d6 y1625 w1ce h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 85.166.931  </div></td><td class=\"c x1d7 y1625 w1cf h19c\"><div class=\"t m0 x67 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 30.785.345  </div></td><td class=\"c x1d8 y1625 w1d0 h19c\"><div class=\"t m0 x69 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 252.058.868  </div></td></tr><tr><td class=\"c x195 y1626 w1cc h1bc\"><div class=\"t m0 x2b h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">Altri proventi </div></td><td class=\"c x1d5 y1626 w1cd h1bc\"><div class=\"t m0 x11e h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 655.751  </div></td><td class=\"c x1d6 y1626 w1ce h1bc\"><div class=\"t m0 x51 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 440.882  </div></td><td class=\"c x1d7 y1626 w1cf h1bc\"><div class=\"t m0 x50 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 307.402  </div></td><td class=\"c x1d8 y1626 w1d0 h1bc\"><div class=\"t m0 x66 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.404.036  </div></td></tr><tr><td class=\"c x195 y1627 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Totale ricavi </div></td><td class=\"c x1d5 y1627 w1cd h19c\"><div class=\"t m0 x90 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 136.762.343  </div></td><td class=\"c x1d6 y1627 w1ce h19c\"><div class=\"t m0 x6a h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 85.607.814  </div></td><td class=\"c x1d7 y1627 w1cf h19c\"><div class=\"t m0 x67 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.092.747  </div></td><td class=\"c x1d8 y1627 w1d0 h19c\"><div class=\"t m0 x69 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\"> 253.462.904  </div></td></tr><tr><td class=\"c x195 y1628 w1cc h1d5\"><div class=\"t m0 x2b h35 y55d ff5 fs2 fc1 sc0 ls0 ws0\">Costi operativi </div></td><td class=\"c x1d5 y1629 w1cd hab\"><div class=\"t m0 x3b h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 81.945.250  </div></td><td class=\"c x1d6 y1629 w1ce hab\"><div class=\"t m0 x6a h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 39.480.605  </div></td><td class=\"c x1d7 y1629 w1cf hab\"><div class=\"t m0 x67 h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 17.814.156  </div></td><td class=\"c x1d8 y1629 w1d0 hab\"><div class=\"t m0 x69 h7 ya74 ff4 fs2 fc1 sc0 ls0 ws0\"> 139.240.012  </div></td></tr><tr><td class=\"c x197 y162a w31d h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Costi per consumo materie prime, variazione delle rimanenze dei<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y162b w31e h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">prodotti finiti e dei prodotti in corso di lavorazione<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y162c w1cc h1d6\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi del personale </div></td><td class=\"c x1d5 y162c w1cd h1d6\"><div class=\"t m0 x3b h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 21.613.176  </div></td><td class=\"c x1d6 y162c w1ce h1d6\"><div class=\"t m0 x6a h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 23.753.144  </div></td><td class=\"c x1d7 y162c w1cf h1d6\"><div class=\"t m0 x69 h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 7.102.227  </div></td><td class=\"c x1d8 y162c w1d0 h1d6\"><div class=\"t m0 x6a h7 y10e9 ff4 fs2 fc1 sc0 ls0 ws0\"> 52.468.547  </div></td></tr><tr><td class=\"c x195 y162d w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi per servizi </div></td><td class=\"c x1d5 y162d w1cd h19c\"><div class=\"t m0 x3b h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.287.790  </div></td><td class=\"c x1d6 y162d w1ce h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.899.206  </div></td><td class=\"c x1d7 y162d w1cf h19c\"><div class=\"t m0 x69 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.620.038  </div></td><td class=\"c x1d8 y162d w1d0 h19c\"><div class=\"t m0 x6a h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 25.807.034  </div></td></tr><tr><td class=\"c x195 y162e w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Altri costi operativi </div></td><td class=\"c x1d5 y162e w1cd h19c\"><div class=\"t m0 x11e h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 484.265  </div></td><td class=\"c x1d6 y162e w1ce h19c\"><div class=\"t m0 x51 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 712.215  </div></td><td class=\"c x1d7 y162e w1cf h19c\"><div class=\"t m0 x50 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 318.165  </div></td><td class=\"c x1d8 y162e w1d0 h19c\"><div class=\"t m0 x66 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.514.645  </div></td></tr><tr><td class=\"c x195 y162f w1cc h1bb\"><div class=\"t m0 x2b h7 yf9b ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamenti e svalutazioni </div></td><td class=\"c x1d5 y162f w1cd h1bb\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 7.003.309  </div></td><td class=\"c x1d6 y162f w1ce h1bb\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.403.801  </div></td><td class=\"c x1d7 y162f w1cf h1bb\"><div class=\"t m0 x69 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.609.231  </div></td><td class=\"c x1d8 y162f w1d0 h1bb\"><div class=\"t m0 x6a h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 18.016.341  </div></td></tr><tr><td class=\"c x195 y1630 w1cc h1d7\"><div class=\"t m0 x2b h35 y87e ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi operativi </div></td><td class=\"c x1d5 y1630 w1cd h1d7\"><div class=\"t m0 x90 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 121.333.790  </div></td><td class=\"c x1d6 y1630 w1ce h1d7\"><div class=\"t m0 x6a h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 83.248.972  </div></td><td class=\"c x1d7 y1630 w1cf h1d7\"><div class=\"t m0 x67 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 32.463.817  </div></td><td class=\"c x1d8 y1630 w1d0 h1d7\"><div class=\"t m0 x69 h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\"> 237.046.579  </div></td></tr><tr><td class=\"c x195 y1631 w1cc h1bc\"><div class=\"t m0 x2b h35 y503 ff5 fs2 fc1 sc0 ls0 ws0\">RISULTATO OPERATIVO </div></td><td class=\"c x1d5 y1631 w1cd h1bc\"><div class=\"t m0 x3b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 15.428.553  </div></td><td class=\"c x1d6 y1631 w1ce h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.358.842  </div></td><td class=\"c x1d7 y1631 w1cf h1bc\"><div class=\"t m0 x90 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">(1.371.070)  </div></td><td class=\"c x1d8 y1631 w1d0 h1bc\"><div class=\"t m0 x6a h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 16.416.325  </div></td></tr></table><table class=\"s w31f h272\" id=\"_0b59e4a6-3111-4fc5-9e7e-aaefd2d5961e\"><tr><td class=\"c x195 y1632 w1cc h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>24<span class=\"ls0\"> </span></div></td><td class=\"c x1d5 y1632 w1cd h1bb\"><div class=\"t m0 x5d h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1d6 y1632 w1ce h1bb\"><div class=\"t m0 x69 h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1d7 y1632 w1cf h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1d8 y1632 w1d0 h1bb\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">Totale settori </div></td></tr><tr><td class=\"c x195 y1633 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Ricavi e proventi </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1634 w1cc h1d7\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Ricavi da contratti con clienti </div></td><td class=\"c x1d5 y1634 w1cd h1d7\"><div class=\"t m0 x68 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">142.206.355 </div></td><td class=\"c x1d6 y1634 w1ce h1d7\"><div class=\"t m0 x100 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">75.765.229 </div></td><td class=\"c x1d7 y1634 w1cf h1d7\"><div class=\"t m0 x68 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">25.781.247 </div></td><td class=\"c x1d8 y1634 w1d0 h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">243.752.830 </div></td></tr><tr><td class=\"c x195 y1635 w1cc h1bc\"><div class=\"t m0 x2b h7 yf9b ff4 fs2 fc1 sc0 ls0 ws0\">Altri proventi </div></td><td class=\"c x1d5 y1635 w1cd h1bc\"><div class=\"t m0 x6b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">641.100 </div></td><td class=\"c x1d6 y1635 w1ce h1bc\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">422.587 </div></td><td class=\"c x1d7 y1635 w1cf h1bc\"><div class=\"t m0 x79 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">253.754 </div></td><td class=\"c x1d8 y1635 w1d0 h1bc\"><div class=\"t m0 x11e h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">1.317.440 </div></td></tr><tr><td class=\"c x195 y1636 w1cc h1d6\"><div class=\"t m0 x2b h35 y10ed ff5 fs2 fc1 sc0 ls0 ws0\">Totale ricavi </div></td><td class=\"c x1d5 y1636 w1cd h1d6\"><div class=\"t m0 x68 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">142.847.455 </div></td><td class=\"c x1d6 y1636 w1ce h1d6\"><div class=\"t m0 x100 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">76.187.815 </div></td><td class=\"c x1d7 y1636 w1cf h1d6\"><div class=\"t m0 x68 h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">26.035.000 </div></td><td class=\"c x1d8 y1636 w1d0 h1d6\"><div class=\"t m0 x5d h35 y10ee ff5 fs2 fc1 sc0 ls0 ws0\">245.070.270 </div></td></tr><tr><td class=\"c x195 y1637 w1cc h1d5\"><div class=\"t m0 x2b h35 y55d ff5 fs2 fc1 sc0 ls0 ws0\">Costi operativi </div></td><td></td><td></td><td></td><td></td></tr></table><table class=\"s w321 h274\" id=\"_ff83a44e-6142-4dc9-9d92-5ae5da4083d9\"><tr><td class=\"c x197 y164c w31d h262\"><div class=\"t m0 x196 h7 y164b ff4 fs2 fc1 sc0 ls0 ws0\">Costi per consumo materie prime, variazione delle rimanenze dei<span class=\"_ _75\"> </span></div></td><td class=\"c x1d5 y164d w1cd h1d9\"><div class=\"t m0 x5d h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">87.839.874 </div></td><td class=\"c x1d6 y164d w1ce h1d9\"><div class=\"t m0 x100 h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">37.130.624 </div></td><td class=\"c x1d7 y164d w1cf h1d9\"><div class=\"t m0 x68 h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">16.336.165 </div></td><td class=\"c x1d8 y164d w1d0 h1d9\"><div class=\"t m0 x5d h7 y61c ff4 fs2 fc1 sc0 ls0 ws0\">141.306.663 </div></td></tr><tr><td class=\"c x197 y164e w31e h262\"><div class=\"t m0 x196 h7 y164b ff4 fs2 fc1 sc0 ls0 ws0\">prodotti finiti e dei prodotti in corso di lavorazione<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y164f w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi del personale </div></td><td class=\"c x1d5 y164f w1cd h19c\"><div class=\"t m0 x5d h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">20.874.588 </div></td><td class=\"c x1d6 y164f w1ce h19c\"><div class=\"t m0 x100 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">20.587.059 </div></td><td class=\"c x1d7 y164f w1cf h19c\"><div class=\"t m0 x5d h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">6.162.151 </div></td><td class=\"c x1d8 y164f w1d0 h19c\"><div class=\"t m0 x50 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">47.623.798 </div></td></tr><tr><td class=\"c x195 y1650 w1cc h1d7\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Costi per servizi </div></td><td class=\"c x1d5 y1650 w1cd h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">11.070.916 </div></td><td class=\"c x1d6 y1650 w1ce h1d7\"><div class=\"t m0 x66 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">8.845.063 </div></td><td class=\"c x1d7 y1650 w1cf h1d7\"><div class=\"t m0 x5d h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">3.685.231 </div></td><td class=\"c x1d8 y1650 w1d0 h1d7\"><div class=\"t m0 x50 h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">23.601.211 </div></td></tr><tr><td class=\"c x195 y1651 w1cc h19c\"><div class=\"t m0 x2b h7 y889 ff4 fs2 fc1 sc0 ls0 ws0\">Altri costi operativi </div></td><td class=\"c x1d5 y1651 w1cd h19c\"><div class=\"t m0 x6b h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">779.708 </div></td><td class=\"c x1d6 y1651 w1ce h19c\"><div class=\"t m0 x66 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">1.030.647 </div></td><td class=\"c x1d7 y1651 w1cf h19c\"><div class=\"t m0 x79 h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">307.869 </div></td><td class=\"c x1d8 y1651 w1d0 h19c\"><div class=\"t m0 x11e h7 y508 ff4 fs2 fc1 sc0 ls0 ws0\">2.118.224 </div></td></tr><tr><td class=\"c x195 y1652 w1cc h1bc\"><div class=\"t m0 x2b h7 y503 ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamenti e svalutazioni </div></td><td class=\"c x1d5 y1652 w1cd h1bc\"><div class=\"t m0 x60 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">7.011.143 </div></td><td class=\"c x1d6 y1652 w1ce h1bc\"><div class=\"t m0 x66 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">6.301.074 </div></td><td class=\"c x1d7 y1652 w1cf h1bc\"><div class=\"t m0 x5d h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">2.464.154 </div></td><td class=\"c x1d8 y1652 w1d0 h1bc\"><div class=\"t m0 x50 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">15.776.371 </div></td></tr><tr><td class=\"c x195 y1653 w1cc h19c\"><div class=\"t m0 x2b h35 y889 ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi operativi </div></td><td class=\"c x1d5 y1653 w1cd h19c\"><div class=\"t m0 x68 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">127.576.230 </div></td><td class=\"c x1d6 y1653 w1ce h19c\"><div class=\"t m0 x100 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">73.894.468 </div></td><td class=\"c x1d7 y1653 w1cf h19c\"><div class=\"t m0 x68 h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">28.955.570 </div></td><td class=\"c x1d8 y1653 w1d0 h19c\"><div class=\"t m0 x5d h35 y508 ff5 fs2 fc1 sc0 ls0 ws0\">230.426.267 </div></td></tr><tr><td class=\"c x195 y1654 w1cc h1bc\"><div class=\"t m0 x2b h35 yf9b ff5 fs2 fc1 sc0 ls0 ws0\">RISULTATO OPERATIVO </div></td><td class=\"c x1d5 y1654 w1cd h1bc\"><div class=\"t m0 x3b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 15.271.225  </div></td><td class=\"c x1d6 y1654 w1ce h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.293.348  </div></td><td class=\"c x1d7 y1654 w1cf h1bc\"><div class=\"t m0 x90 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">(2.920.570) </div></td><td class=\"c x1d8 y1654 w1d0 h1bc\"><div class=\"t m0 x60 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">14.644.003  </div></td></tr></table><table class=\"s w320 h273\" id=\"_f12fbcab-8092-4126-a4cd-caf924e439d0\"><tr><td class=\"c x195 y1638 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>25<span class=\"ls0\"> </span></div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"c x1d9 y1639 w1d2 h1db\"><div class=\"t m0 x1c h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1da y1639 w1d3 h1db\"><div class=\"t m0 x6b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1db y1639 w1d2 h1db\"><div class=\"t m0 x79 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1dc y1639 w1d4 h1db\"><div class=\"t m0 x68 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Non di settore </div></td><td class=\"c x1dd y1639 w1d5 h1db\"><div class=\"t m0 x1c h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td></tr><tr><td class=\"c x195 y163a w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y163b w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y163c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Immobili, impianti e macchinari </div></td><td class=\"c x1d9 y163c w1d2 h3b\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 45.080.528  </div></td><td class=\"c x1da y163c w1d3 h3b\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 83.040.515  </div></td><td class=\"c x1db y163c w1d2 h3b\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.142.387  </div></td><td class=\"c x1dc y163c w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 894.359  </div></td><td class=\"c x1dd y163c w1d5 h3b\"><div class=\"t m0 x100 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 144.157.789  </div></td></tr><tr><td class=\"c x195 y163d w1d1 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Avviamento </div></td><td class=\"c x1d9 y163d w1d2 h1c0\"><div class=\"t m0 x34 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y163d w1d3 h1c0\"><div class=\"t m0 x3f h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y163d w1d2 h1c0\"><div class=\"t m0 x60 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td><td class=\"c x1dc y163d w1d4 h1c0\"><div class=\"t m0 x53 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163d w1d5 h1c0\"><div class=\"t m0 x66 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td></tr><tr><td class=\"c x195 y163e w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre immobilizzazioni immateriali </div></td><td class=\"c x1d9 y163e w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.034.271  </div></td><td class=\"c x1da y163e w1d3 h1b7\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 724.993  </div></td><td class=\"c x1db y163e w1d2 h1b7\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 165.035  </div></td><td class=\"c x1dc y163e w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163e w1d5 h1b7\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.924.298  </div></td></tr><tr><td class=\"c x195 y163f w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Diritti d'uso </div></td><td class=\"c x1d9 y163f w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 334.036  </div></td><td class=\"c x1da y163f w1d3 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 140.424  </div></td><td class=\"c x1db y163f w1d2 h3b\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.420.190  </div></td><td class=\"c x1dc y163f w1d4 h3b\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y163f w1d5 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.894.651  </div></td></tr><tr><td class=\"c x195 y1640 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1640 w1d2 h1b7\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1640 w1d3 h1b7\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1640 w1d2 h1b7\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1640 w1d4 h1b7\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 324.052  </div></td><td class=\"c x1dd y1640 w1d5 h1b7\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 324.052  </div></td></tr><tr><td class=\"c x195 y1641 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 per imposte differite </div></td><td class=\"c x1d9 y1641 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1641 w1d3 h1da\"><div class=\"t m0 x3f h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1641 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1641 w1d4 h1da\"><div class=\"t m0 x51 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.864.403  </div></td><td class=\"c x1dd y1641 w1d5 h1da\"><div class=\"t m0 x51 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.864.403  </div></td></tr><tr><td class=\"c x195 y1642 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1642 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 46.448.835  </div></td><td class=\"c x1da y1642 w1d3 h36\"><div class=\"t m0 x3b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 83.905.932  </div></td><td class=\"c x1db y1642 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 29.235.566  </div></td><td class=\"c x1dc y1642 w1d4 h36\"><div class=\"t m0 x51 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 3.082.814  </div></td><td class=\"c x1dd y1642 w1d5 h36\"><div class=\"t m0 x100 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 162.673.147  </div></td></tr><tr><td class=\"c x195 y1643 w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1644 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Rimanenze </div></td><td class=\"c x1d9 y1644 w1d2 h1b7\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.092.563  </div></td><td class=\"c x1da y1644 w1d3 h1b7\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 14.951.187  </div></td><td class=\"c x1db y1644 w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.910.876  </div></td><td class=\"c x1dc y1644 w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1644 w1d5 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 34.954.626  </div></td></tr><tr><td class=\"c x195 y1645 w1d1 h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti commerciali </div></td><td class=\"c x1d9 y1645 w1d2 h3a\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.339.517  </div></td><td class=\"c x1da y1645 w1d3 h3a\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 14.416.075  </div></td><td class=\"c x1db y1645 w1d2 h3a\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.851.075  </div></td><td class=\"c x1dc y1645 w1d4 h3a\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1645 w1d5 h3a\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.606.666  </div></td></tr><tr><td class=\"c x195 y1646 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti tributari </div></td><td class=\"c x1d9 y1646 w1d2 h1b7\"><div class=\"t m0 x34 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1646 w1d3 h1b7\"><div class=\"t m0 x3f h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1646 w1d2 h1b7\"><div class=\"t m0 x34 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1646 w1d4 h1b7\"><div class=\"t m0 x49 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 47.368  </div></td><td class=\"c x1dd y1646 w1d5 h1b7\"><div class=\"t m0 x49 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 47.368  </div></td></tr><tr><td class=\"c x195 y1647 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1647 w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 470.418  </div></td><td class=\"c x1da y1647 w1d3 h3b\"><div class=\"t m0 x56 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 354.157  </div></td><td class=\"c x1db y1647 w1d2 h3b\"><div class=\"t m0 x76 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 187.284  </div></td><td class=\"c x1dc y1647 w1d4 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.847.528  </div></td><td class=\"c x1dd y1647 w1d5 h3b\"><div class=\"t m0 x51 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 6.859.387  </div></td></tr><tr><td class=\"c x195 y1648 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1d9 y1648 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1648 w1d3 h1da\"><div class=\"t m0 x3f h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1648 w1d2 h1da\"><div class=\"t m0 x34 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1648 w1d4 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td><td class=\"c x1dd y1648 w1d5 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 38.882.901  </div></td></tr><tr><td class=\"c x195 y1649 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1649 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.902.498  </div></td><td class=\"c x1da y1649 w1d3 h1da\"><div class=\"t m0 x3b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 29.721.419  </div></td><td class=\"c x1db y1649 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 10.949.234  </div></td><td class=\"c x1dc y1649 w1d4 h1da\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 44.777.797  </div></td><td class=\"c x1dd y1649 w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 117.350.948  </div></td></tr><tr><td class=\"c x195 y164a w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 </div></td><td class=\"c x1d9 y164a w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 78.351.333  </div></td><td class=\"c x1da y164a w1d3 h1da\"><div class=\"t m0 x90 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 113.627.351  </div></td><td class=\"c x1db y164a w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 40.184.800  </div></td><td class=\"c x1dc y164a w1d4 h1da\"><div class=\"t m0 x66 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 47.860.611  </div></td><td class=\"c x1dd y164a w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 280.024.095  </div></td></tr></table>Patrimonio netto<span class=\"_ _75\"> </span>Capitale sociale 22.770.445  22.770.445<span class=\"_ _75\"> </span>Altre riserve 106.946.489  106.946.489<span class=\"_ _75\"> </span>Riserva per benefici ai dipendenti 251.002  251.002<span class=\"_ _75\"> </span>Riserva FTA<span class=\"_ _75\"> </span>(6.669.789) (6.669.789)<span class=\"_ _75\"> </span>Utili a nuovo 810.290  810.290<span class=\"_ _75\"> </span>Utile/(perdita) d\u2019esercizio  10.097.286  10.097.286<span class=\"_ _75\"> </span>Totale patrimonio netto<span class=\"_ _75\"> </span>-<span class=\"_ _75\"> </span>-<span class=\"_ _75\"> </span>- 134.205.722  134.205.722<span class=\"_ _75\"> </span>Passivit\u00e0 non correnti<span class=\"_ _75\"> </span>Debiti verso banche non correnti -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span>  72.736.116<span class=\"_ _75\"> </span>72.736.116<span class=\"_ _75\"> </span>Benefici ai dipendenti 352.809  314.698  1.254.850  -<span class=\"ls17\">  </span> 1.922.357<span class=\"_ _75\"> </span>Fondi rischi e oneri 1.433.075  1.277.730  -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> 2.710.805<span class=\"_ _75\"> </span>Fondo imposte differite -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> 303.792  303.792<span class=\"_ _75\"> </span>Debiti per lease non correnti 248.941  104.434  546.291  -<span class=\"ls17\">  </span> 899.666<span class=\"_ _75\"> </span>Totale Passivit\u00e0 non correnti 2.034.825  1.696.862  1.801.141  73.039.908  78.572.737<span class=\"_ _75\"> </span>Passivit\u00e0 correnti<span class=\"_ _75\"> </span>Debiti verso banche correnti -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> -<span class=\"ls17\">  </span> 12.752.615  12.752.615<table class=\"s w322 h278\" id=\"_e65c268c-9b9b-4ea6-8db7-21690a46f6fc\"><tr><td class=\"c x195 y1681 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti commerciali </div></td><td class=\"c x1d9 y1681 w1d2 h1b7\"><div class=\"t m0 x60 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.778.052  </div></td><td class=\"c x1da y1681 w1d3 h1b7\"><div class=\"t m0 x3b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.150.774  </div></td><td class=\"c x1db y1681 w1d2 h1b7\"><div class=\"t m0 x11e h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.423.144  </div></td><td class=\"c x1dc y1681 w1d4 h1b7\"><div class=\"t m0 x53 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1681 w1d5 h1b7\"><div class=\"t m0 x66 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.351.971  </div></td></tr><tr><td class=\"c x195 y1682 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti tributari </div></td><td class=\"c x1d9 y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1682 w1d3 h3b\"><div class=\"t m0 x3f h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1682 w1d4 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 995.522  </div></td><td class=\"c x1dd y1682 w1d5 h3b\"><div class=\"t m0 x15 h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\"> 995.522  </div></td></tr><tr><td class=\"c x195 y1683 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1d9 y1683 w1d2 h1b7\"><div class=\"t m0 x2f h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 88.183  </div></td><td class=\"c x1da y1683 w1d3 h1b7\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 37.655  </div></td><td class=\"c x1db y1683 w1d2 h1b7\"><div class=\"t m0 x76 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 264.751  </div></td><td class=\"c x1dc y1683 w1d4 h1b7\"><div class=\"t m0 x53 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1683 w1d5 h1b7\"><div class=\"t m0 x15 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 390.589  </div></td></tr><tr><td class=\"c x195 y1684 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Altre passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 6.743.626  </div></td><td class=\"c x1da y1684 w1d3 h1da\"><div class=\"t m0 x100 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.583.548  </div></td><td class=\"c x1db y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.427.765  </div></td><td class=\"c x1dc y1684 w1d4 h1da\"><div class=\"t m0 x53 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1684 w1d5 h1da\"><div class=\"t m0 x66 h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.754.939  </div></td></tr><tr><td class=\"c x195 y1685 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1685 w1d2 h36\"><div class=\"t m0 x60 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 22.609.861  </div></td><td class=\"c x1da y1685 w1d3 h36\"><div class=\"t m0 x3b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 23.771.978  </div></td><td class=\"c x1db y1685 w1d2 h36\"><div class=\"t m0 x11e h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 7.115.661  </div></td><td class=\"c x1dc y1685 w1d4 h36\"><div class=\"t m0 x66 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 13.748.137  </div></td><td class=\"c x1dd y1685 w1d5 h36\"><div class=\"t m0 x66 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\"> 67.245.636  </div></td></tr><tr><td class=\"c x195 y1686 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Patrimonio Netto e Passivit\u00e0 </div></td><td class=\"c x1d9 y1686 w1d2 h1da\"><div class=\"t m0 x60 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 24.644.686  </div></td><td class=\"c x1da y1686 w1d3 h1da\"><div class=\"t m0 x3b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 25.468.840  </div></td><td class=\"c x1db y1686 w1d2 h1da\"><div class=\"t m0 x11e h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 8.916.802  </div></td><td class=\"c x1dc y1686 w1d4 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 220.993.768  </div></td><td class=\"c x1dd y1686 w1d5 h1da\"><div class=\"t m0 x100 h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\"> 280.024.095  </div></td></tr></table><table class=\"s w320 h276\" id=\"_3f1585d4-1a63-44a0-bafb-63ec04fffea8\"><tr><td class=\"c x195 y1666 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls13 ws0\">31<span class=\"ls0\">-dic-</span>24<span class=\"ls0\"> </span></div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"c x1d9 y1667 w1d2 h1e2\"><div class=\"t m0 x50 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Nutra </div></td><td class=\"c x1da y1667 w1d3 h1e2\"><div class=\"t m0 x69 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Pharma </div></td><td class=\"c x1db y1667 w1d2 h1e2\"><div class=\"t m0 x90 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Cosmetica </div></td><td class=\"c x1dc y1667 w1d4 h1e2\"><div class=\"t m0 x96 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Non di settore </div></td><td class=\"c x1dd y1667 w1d5 h1e2\"><div class=\"t m0 x50 h35 yf94 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td></tr><tr><td class=\"c x195 y1668 w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1669 w1d1 h1dd\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y166a w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Immobili, impianti e macchinari </div></td><td class=\"c x1d9 y166a w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 48.030.175  </div></td><td class=\"c x1da y166a w1d3 h1b7\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 61.708.822  </div></td><td class=\"c x1db y166a w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.343.136  </div></td><td class=\"c x1dc y166a w1d4 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.057.806  </div></td><td class=\"c x1dd y166a w1d5 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 126.139.938  </div></td></tr><tr><td class=\"c x195 y166b w1d1 h1c0\"><div class=\"t m0 x2b h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\">Avviamento </div></td><td class=\"c x1d9 y166b w1d2 h1c0\"><div class=\"t m0 x34 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166b w1d3 h1c0\"><div class=\"t m0 x3f h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166b w1d2 h1c0\"><div class=\"t m0 x60 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td><td class=\"c x1dc y166b w1d4 h1c0\"><div class=\"t m0 x53 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166b w1d5 h1c0\"><div class=\"t m0 x66 h7 y6e4 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.507.954  </div></td></tr><tr><td class=\"c x195 y166c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre immobilizzazioni immateriali </div></td><td class=\"c x1d9 y166c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 860.675  </div></td><td class=\"c x1da y166c w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 445.753  </div></td><td class=\"c x1db y166c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 249.654  </div></td><td class=\"c x1dc y166c w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166c w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 1.556.083  </div></td></tr><tr><td class=\"c x195 y166d w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Diritti d'uso </div></td><td class=\"c x1d9 y166d w1d2 h1b7\"><div class=\"t m0 x2f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 99.171  </div></td><td class=\"c x1da y166d w1d3 h1b7\"><div class=\"t m0 x31 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 44.562  </div></td><td class=\"c x1db y166d w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.762.628  </div></td><td class=\"c x1dc y166d w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y166d w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.906.361  </div></td></tr><tr><td class=\"c x195 y166e w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y166e w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166e w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166e w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y166e w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 597.853  </div></td><td class=\"c x1dd y166e w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 597.853  </div></td></tr><tr><td class=\"c x195 y166f w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 per imposte differite </div></td><td class=\"c x1d9 y166f w1d2 h1da\"><div class=\"t m0 x34 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y166f w1d3 h1da\"><div class=\"t m0 x3f h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y166f w1d2 h1da\"><div class=\"t m0 x34 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y166f w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.451.347  </div></td><td class=\"c x1dd y166f w1d5 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.451.347  </div></td></tr><tr><td class=\"c x195 y1670 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 non correnti </div></td><td class=\"c x1d9 y1670 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 48.990.022  </div></td><td class=\"c x1da y1670 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 62.199.137  </div></td><td class=\"c x1db y1670 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 29.863.372  </div></td><td class=\"c x1dc y1670 w1d4 h1da\"><div class=\"t m0 x51 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.107.006  </div></td><td class=\"c x1dd y1670 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 146.159.536  </div></td></tr><tr><td class=\"c x195 y1671 w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Attivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1672 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Rimanenze </div></td><td class=\"c x1d9 y1672 w1d2 h3b\"><div class=\"t m0 x60 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 14.762.030  </div></td><td class=\"c x1da y1672 w1d3 h3b\"><div class=\"t m0 x3b h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 12.935.039  </div></td><td class=\"c x1db y1672 w1d2 h3b\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 4.211.543  </div></td><td class=\"c x1dc y1672 w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1672 w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 31.908.612  </div></td></tr><tr><td class=\"c x195 y1673 w1d1 h1df\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti commerciali </div></td><td class=\"c x1d9 y1673 w1d2 h1df\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.278.745  </div></td><td class=\"c x1da y1673 w1d3 h1df\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 13.365.900  </div></td><td class=\"c x1db y1673 w1d2 h1df\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.891.832  </div></td><td class=\"c x1dc y1673 w1d4 h1df\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1673 w1d5 h1df\"><div class=\"t m0 x66 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 37.536.476  </div></td></tr><tr><td class=\"c x195 y1674 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti tributari </div></td><td class=\"c x1d9 y1674 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1674 w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1674 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1674 w1d4 h3b\"><div class=\"t m0 x49 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 17.998  </div></td><td class=\"c x1dd y1674 w1d5 h3b\"><div class=\"t m0 x49 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 17.998  </div></td></tr><tr><td class=\"c x195 y1675 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Altre attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1675 w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 295.001  </div></td><td class=\"c x1da y1675 w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 171.612  </div></td><td class=\"c x1db y1675 w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 171.417  </div></td><td class=\"c x1dc y1675 w1d4 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 7.120.275  </div></td><td class=\"c x1dd y1675 w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 7.758.304  </div></td></tr><tr><td class=\"c x195 y1676 w1d1 h36\"><div class=\"t m0 x2b h7 y31b ff4 fs2 fc1 sc0 ls0 ws0\">Cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x1d9 y1676 w1d2 h36\"><div class=\"t m0 x34 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1676 w1d3 h36\"><div class=\"t m0 x3f h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1676 w1d2 h36\"><div class=\"t m0 x34 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1676 w1d4 h36\"><div class=\"t m0 x66 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.210.213  </div></td><td class=\"c x1dd y1676 w1d5 h36\"><div class=\"t m0 x66 h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.210.213  </div></td></tr><tr><td class=\"c x195 y1677 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 correnti </div></td><td class=\"c x1d9 y1677 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 34.335.775  </div></td><td class=\"c x1da y1677 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 26.472.551  </div></td><td class=\"c x1db y1677 w1d2 h1da\"><div class=\"t m0 x11e h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 9.274.792  </div></td><td class=\"c x1dc y1677 w1d4 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 26.348.486  </div></td><td class=\"c x1dd y1677 w1d5 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 96.431.604  </div></td></tr></table><table class=\"s w322 h277\" id=\"_3c06a2d1-9f91-45d6-af1b-4728b72bffb7\"><tr><td class=\"c x195 y1678 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale attivit\u00e0 </div></td><td class=\"c x1d9 y1678 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 83.325.797  </div></td><td class=\"c x1da y1678 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 88.671.688  </div></td><td class=\"c x1db y1678 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 39.138.163  </div></td><td class=\"c x1dc y1678 w1d4 h1da\"><div class=\"t m0 x66 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 31.455.492  </div></td><td class=\"c x1dd y1678 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 242.591.140  </div></td></tr><tr><td class=\"c x195 y1679 w1d1 h1dc\"><div class=\"t m0 x2b h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Patrimonio netto </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y167a w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Capitale sociale </div></td><td class=\"c x1d9 y167a w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167a w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167a w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167a w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445  </div></td><td class=\"c x1dd y167a w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 22.770.445  </div></td></tr><tr><td class=\"c x195 y167b w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Altre riserve </div></td><td class=\"c x1d9 y167b w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167b w1d3 h1b7\"><div class=\"t m0 xf h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167b w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167b w1d4 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 102.919.409  </div></td><td class=\"c x1dd y167b w1d5 h1b7\"><div class=\"t m0 x100 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 102.919.409  </div></td></tr><tr><td class=\"c x195 y167c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva per benefici ai dipendenti </div></td><td class=\"c x1d9 y167c w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167c w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167c w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167c w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 191.928  </div></td><td class=\"c x1dd y167c w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 191.928  </div></td></tr><tr><td class=\"c x195 y167d w1d1 h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva FTA </div></td><td class=\"c x1d9 y167d w1d2 h3a\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167d w1d3 h3a\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167d w1d2 h3a\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167d w1d4 h3a\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)  </div></td><td class=\"c x1dd y167d w1d5 h3a\"><div class=\"t m0 x11e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">(6.669.789)  </div></td></tr><tr><td class=\"c x195 y167e w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Utili a nuovo </div></td><td class=\"c x1d9 y167e w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167e w1d3 h1b7\"><div class=\"t m0 xf h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167e w1d2 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167e w1d4 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.691.909  </div></td><td class=\"c x1dd y167e w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.691.909  </div></td></tr><tr><td class=\"c x195 y167f w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff6 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) d\u2019esercizio <span class=\"ff4\"> </span></div></td><td class=\"c x1d9 y167f w1d2 h1da\"><div class=\"t m0 x53 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y167f w1d3 h1da\"><div class=\"t m0 xf h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y167f w1d2 h1da\"><div class=\"t m0 x53 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y167f w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.155.879  </div></td><td class=\"c x1dd y167f w1d5 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 8.155.879  </div></td></tr><tr><td class=\"c x195 y1680 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale patrimonio netto </div></td><td class=\"c x1d9 y1680 w1d2 h36\"><div class=\"t m0 x53 h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1da y1680 w1d3 h36\"><div class=\"t m0 xf h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1db y1680 w1d2 h36\"><div class=\"t m0 x53 h35 y216 ff4 fs2 fc1 sc0 ls0 ws0\">-<span class=\"ff5\"> </span></div></td><td class=\"c x1dc y1680 w1d4 h36\"><div class=\"t m0 x100 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 132.059.779  </div></td><td class=\"c x1dd y1680 w1d5 h36\"><div class=\"t m0 x100 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 132.059.779  </div></td></tr></table><table class=\"s w322 h279\" id=\"_db106239-b86e-445a-bc55-67aad3614bc1\"><tr><td class=\"c x195 y1687 w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 non correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1688 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1d9 y1688 w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1da y1688 w1d3 h3b\"><div class=\"t m0 xf h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1db y1688 w1d2 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dc y1688 w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td><td class=\"c x1dd y1688 w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td></tr><tr><td class=\"c x195 y1689 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Benefici ai dipendenti </div></td><td class=\"c x1d9 y1689 w1d2 h1b7\"><div class=\"t m0 x76 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 391.428  </div></td><td class=\"c x1da y1689 w1d3 h1b7\"><div class=\"t m0 x56 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 397.007  </div></td><td class=\"c x1db y1689 w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.355.191  </div></td><td class=\"c x1dc y1689 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1689 w1d5 h1b7\"><div class=\"t m0 x51 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.143.626  </div></td></tr><tr><td class=\"c x195 y168a w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Fondi rischi e oneri </div></td><td class=\"c x1d9 y168a w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 833.638  </div></td><td class=\"c x1da y168a w1d3 h3b\"><div class=\"t m0 x56 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 766.362  </div></td><td class=\"c x1db y168a w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168a w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y168a w1d5 h3b\"><div class=\"t m0 x51 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 1.600.000  </div></td></tr><tr><td class=\"c x195 y168b w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Fondo imposte differite </div></td><td class=\"c x1d9 y168b w1d2 h1b7\"><div class=\"t m0 x34 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y168b w1d3 h1b7\"><div class=\"t m0 x3f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y168b w1d2 h1b7\"><div class=\"t m0 x34 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168b w1d4 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 284.042  </div></td><td class=\"c x1dd y168b w1d5 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 284.042  </div></td></tr><tr><td class=\"c x195 y168c w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1d9 y168c w1d2 h3b\"><div class=\"t m0 x2f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 67.109  </div></td><td class=\"c x1da y168c w1d3 h3b\"><div class=\"t m0 x31 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 30.155  </div></td><td class=\"c x1db y168c w1d2 h3b\"><div class=\"t m0 x76 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 750.249  </div></td><td class=\"c x1dc y168c w1d4 h3b\"><div class=\"t m0 x53 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y168c w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 847.512  </div></td></tr><tr><td class=\"c x195 y168d w1d1 h1c1\"><div class=\"t m0 x2b h35 yfc0 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 non correnti </div></td><td class=\"c x1d9 y168d w1d2 h1c1\"><div class=\"t m0 x11e h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.292.175  </div></td><td class=\"c x1da y168d w1d3 h1c1\"><div class=\"t m0 x100 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.193.523  </div></td><td class=\"c x1db y168d w1d2 h1c1\"><div class=\"t m0 x11e h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.105.440  </div></td><td class=\"c x1dc y168d w1d4 h1c1\"><div class=\"t m0 x66 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 35.271.819  </div></td><td class=\"c x1dd y168d w1d5 h1c1\"><div class=\"t m0 x66 h35 y1122 ff5 fs2 fc1 sc0 ls0 ws0\"> 39.862.958  </div></td></tr><tr><td class=\"c x195 y168e w1d1 h1dc\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 correnti </div></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y168f w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1d9 y168f w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y168f w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y168f w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y168f w1d4 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1dd y168f w1d5 h3b\"><div class=\"t m0 x66 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td></tr></table><table class=\"s w322 h27b\" id=\"_68b082f4-0e2b-4595-b35e-2640c1722f20\"><tr><td class=\"c x195 y1681 w1d1 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti commerciali </div></td><td class=\"c x1d9 y1681 w1d2 h1b7\"><div class=\"t m0 x60 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.166.964  </div></td><td class=\"c x1da y1681 w1d3 h1b7\"><div class=\"t m0 x3b h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.897.288  </div></td><td class=\"c x1db y1681 w1d2 h1b7\"><div class=\"t m0 x11e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.490.892  </div></td><td class=\"c x1dc y1681 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1681 w1d5 h1b7\"><div class=\"t m0 x66 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 36.555.144  </div></td></tr><tr><td class=\"c x195 y1682 w1d1 h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti tributari </div></td><td class=\"c x1d9 y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1da y1682 w1d3 h3b\"><div class=\"t m0 x3f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1db y1682 w1d2 h3b\"><div class=\"t m0 x34 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dc y1682 w1d4 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 219.112  </div></td><td class=\"c x1dd y1682 w1d5 h3b\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 219.112  </div></td></tr><tr><td class=\"c x195 y1683 w1d1 h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1d9 y1683 w1d2 h1b7\"><div class=\"t m0 x2f h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 33.871  </div></td><td class=\"c x1da y1683 w1d3 h1b7\"><div class=\"t m0 x31 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.219  </div></td><td class=\"c x1db y1683 w1d2 h1b7\"><div class=\"t m0 x76 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 276.140  </div></td><td class=\"c x1dc y1683 w1d4 h1b7\"><div class=\"t m0 x53 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1dd y1683 w1d5 h1b7\"><div class=\"t m0 x15 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td></tr><tr><td class=\"c x195 y1684 w1d1 h1da\"><div class=\"t m0 x2b h7 y584 ff4 fs2 fc1 sc0 ls0 ws0\">Altre passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.626.936  </div></td><td class=\"c x1da y1684 w1d3 h1da\"><div class=\"t m0 x100 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.319.003  </div></td><td class=\"c x1db y1684 w1d2 h1da\"><div class=\"t m0 x11e h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.363.865  </div></td><td class=\"c x1dc y1684 w1d4 h1da\"><div class=\"t m0 x51 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.891.744  </div></td><td class=\"c x1dd y1684 w1d5 h1da\"><div class=\"t m0 x66 h7 y320 ff4 fs2 fc1 sc0 ls0 ws0\"> 15.201.547  </div></td></tr><tr><td class=\"c x195 y1685 w1d1 h36\"><div class=\"t m0 x2b h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">Totale Passivit\u00e0 correnti </div></td><td class=\"c x1d9 y1685 w1d2 h36\"><div class=\"t m0 x60 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 21.827.770  </div></td><td class=\"c x1da y1685 w1d3 h36\"><div class=\"t m0 x3b h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 21.231.511  </div></td><td class=\"c x1db y1685 w1d2 h36\"><div class=\"t m0 x11e h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.130.897  </div></td><td class=\"c x1dc y1685 w1d4 h36\"><div class=\"t m0 x66 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 22.478.226  </div></td><td class=\"c x1dd y1685 w1d5 h36\"><div class=\"t m0 x66 h35 y216 ff5 fs2 fc1 sc0 ls0 ws0\"> 70.668.403  </div></td></tr><tr><td class=\"c x195 y1686 w1d1 h1da\"><div class=\"t m0 x2b h35 y584 ff5 fs2 fc1 sc0 ls0 ws0\">Totale Patrimonio Netto e Passivit\u00e0 </div></td><td class=\"c x1d9 y1686 w1d2 h1da\"><div class=\"t m0 x60 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 23.119.945  </div></td><td class=\"c x1da y1686 w1d3 h1da\"><div class=\"t m0 x3b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 22.425.034  </div></td><td class=\"c x1db y1686 w1d2 h1da\"><div class=\"t m0 x11e h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 7.236.337  </div></td><td class=\"c x1dc y1686 w1d4 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 189.809.824  </div></td><td class=\"c x1dd y1686 w1d5 h1da\"><div class=\"t m0 x100 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\"> 242.591.140  </div></td></tr></table>Si <span class=\"_ _3\"></span>precisa <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>non <span class=\"_ _4\"></span>si <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ende <span class=\"_ _3\"></span>necessaria <span class=\"_ _4\"></span>una <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iconciliazione <span class=\"_ _3\"></span>tra <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>valori <span class=\"_ _0\"></span>di <span class=\"_ _4\"></span>Ricavi <span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>Risultato <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erativo <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>iportati <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>bilancio<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>con <span class=\"_ _4\"></span>quanto<span class=\"_ _75\"> </span> indicato nell\u2019informativa d<span class=\"_ _0\"></span>i settore po<span class=\"_ _0\"></span>ich\u00e9 non vi sono poste in ri<span class=\"_ _0\"></span>conciliazione.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span><span class=\"ff4\"> </span>Per <span class=\"_ _4\"></span>quanto <span class=\"_ _5\"></span>concerne <span class=\"_ _5\"></span>l\u2019aggregazione <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>ricavi <span class=\"_ _4\"></span>si <span class=\"_ _5\"></span>segnala <span class=\"_ _5\"></span>che <span class=\"_ _9\"> </span><span class=\"ff4\">il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>gener<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>una <span class=\"_ _5\"></span>parte <span class=\"_ _4\"></span>significativa <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>proprio <span class=\"_ _5\"></span>fatturato <span class=\"_ _5\"></span>da <span class=\"_ _4\"></span>un<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>numero <span class=\"_ _f\"> </span>circoscritto <span class=\"_ _6\"> </span>di <span class=\"_ _f\"> </span>clienti, <span class=\"_ _f\"> </span>in <span class=\"_ _6\"> </span>particolar<span class=\"_ _0\"></span>e <span class=\"_ _f\"> </span>i <span class=\"_ _6\"> </span><span class=\"ff6\">pr<span class=\"_ _0\"></span>imi <span class=\"_ _f\"> </span>cinque <span class=\"_ _6\"> </span>clienti, <span class=\"_ _f\"> </span>nell\u2019esercizio <span class=\"_ _f\"> </span>chiuso <span class=\"_ _6\"> </span>al <span class=\"_ _f\"> </span>31 <span class=\"_ _6\"> </span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _f\"> </span>20</span>25 <span class=\"_ _f\"> </span>rappresentano<span class=\"_ _75\"> </span> cumulativamente circa <span class=\"_ _0\"></span><span class=\"ls7\">il </span>60,8% d<span class=\"_ _0\"></span>el fatturato.<span class=\"_ _75\"> </span> Si <span class=\"ls3\">noti</span> infine che la suddivi<span class=\"_ _0\"></span>sione dei ricavi per ar<span class=\"_ _0\"></span>ea geografica \u00e8 ripor<span class=\"_ _0\"></span>tata nel paragrafo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ff6\">\u201c</span>2.1. Ricavi da contratti con <span class=\"_ _0\"></span>clienti<span class=\"ff6\">\u201d</span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-286": {
   "value": " <span class=\"_ _6f\"> </span><span class=\"ff5\">Gestione del capitale </span>Ai <span class=\"_ _4\"></span>fini <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>gestione <span class=\"_ _5\"></span>del <span class=\"_ _4\"></span>capitale<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>del <span class=\"_ _5\"></span>Gruppo, <span class=\"_ _4\"></span>si <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _5\"></span>definito <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _4\"></span>comprende <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>capitale <span class=\"_ _4\"></span>social<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>emesso, <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>azioni <span class=\"_ _5\"></span>privilegiate<span class=\"_ _75\"> </span>convertibili, la <span class=\"_ _8\"></span>riserva<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sovraprezzo<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>azioni e <span class=\"_ _8\"></span>tutte le <span class=\"_ _8\"></span>altre<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>riserve di <span class=\"_ _8\"></span>ca<span class=\"_ _0\"></span>pitale <span class=\"_ _2\"></span>attribuibili agli <span class=\"_ _2\"></span>azionisti <span class=\"_ _2\"></span>della<span class=\"_ _0\"></span> Societ\u00e0 Capogruppo<span class=\"ff6\">. L\u2019obiettivo<span class=\"_ _75\"> </span></span>principale della gestione del capitale \u00e8<span class=\"_ _0\"></span> massimizzare il valore per gli azionisti. <span class=\"_ _0\"></span><span class=\"ls3\">La </span>Societ\u00e0 gestisce la <span class=\"_ _0\"></span>struttura patrimoniale <span class=\"_ _0\"></span>ed effettua<span class=\"_ _75\"> </span>aggiustamenti <span class=\"_ _5\"></span>in <span class=\"_ _4\"></span>base <span class=\"_ _5\"></span>alle <span class=\"_ _5\"></span>condizioni <span class=\"_ _5\"></span>economiche <span class=\"_ _5\"></span>ed <span class=\"_ _4\"></span>ai <span class=\"_ _5\"></span>requisiti <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>covenants <span class=\"_ _5\"></span>finanziari. <span class=\"_ _5\"></span>Allo <span class=\"_ _5\"></span>scopo <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>man<span class=\"_ _0\"></span>tenere <span class=\"_ _5\"></span>o <span class=\"_ _4\"></span>rettific<span class=\"_ _3\"></span>are <span class=\"_ _5\"></span>la<span class=\"_ _75\"> </span>struttura <span class=\"_ _5\"></span>patr<span class=\"_ _0\"></span>imoniale, <span class=\"_ _5\"></span>la <span class=\"_ _5\"></span>Capogruppo <span class=\"_ _9\"> </span>potrebbe <span class=\"_ _5\"></span>intervenire <span class=\"_ _5\"></span>sui <span class=\"_ _5\"></span>dividendi <span class=\"_ _5\"></span>pagati <span class=\"_ _5\"></span>agli <span class=\"_ _5\"></span>azionisti, <span class=\"_ _5\"> </span>r<span class=\"_ _0\"></span>imborsare <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>capitale <span class=\"_ _5\"> </span>agli <span class=\"_ _5\"> </span>azion<span class=\"_ _0\"></span>isti <span class=\"_ _4\"></span>o<span class=\"_ _75\"> </span>emettere <span class=\"_ _0\"></span>nuove <span class=\"_ _0\"></span>azioni.<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">La</span> <span class=\"_ _0\"></span>Societ<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _0\"></span>Capogruppo <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>olla <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>patrimonio <span class=\"_ _0\"></span>utilizzand<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>gearing <span class=\"_ _0\"></span>ratio,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>costituito <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>rappor<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>tra <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>debito<span class=\"_ _75\"> </span>netto <span class=\"_ _0\"></span>ed <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>totale <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>cap<span class=\"_ _0\"></span>itale <span class=\"_ _0\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>debito <span class=\"_ _0\"></span>netto. <span class=\"_ _3\"></span>La <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>litica <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>consiste <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>antenere <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>esto <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _3\"></span>inferiore <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>40<span class=\"_ _0\"></span>%. <span class=\"_ _0\"></span>Nel<span class=\"_ _75\"> </span>202<span class=\"ls0\">5 tale rapporto <span class=\"_ _0\"></span>si attesta attorno al 2<span class=\"_ _0\"></span>6% (21% al 31 dicembr<span class=\"_ _0\"></span>e 2024<span class=\"_ _0\"></span><span class=\"ls5\">).</span></span><table class=\"s w323 h27a\" id=\"_24e44a67-e9ec-485f-8968-87fc8814d0fa\"><tr><td></td><td class=\"c x1de y1690 w1d7 h1e4\"><div class=\"t m0 x7d h5 y217 ff5 fs0 fc1 sc0 ls3 ws0\">202<span class=\"ls0\">5</span><span class=\"ls0\"> </span></div></td><td class=\"c x1df y1690 w1d8 h1e4\"><div class=\"t m0 x73 h5 y217 ff5 fs0 fc1 sc0 ls3 ws0\">202<span class=\"ls0\">4</span><span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1691 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Finanziamenti fruttifer<span class=\"_ _0\"></span>i e prestiti diversi da azion<span class=\"_ _0\"></span>i privilegiate conver<span class=\"_ _0\"></span>tibili <span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1691 w1d7 h3b\"><div class=\"t m0 x27 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">85.370.340 </span> </div></td><td class=\"c x1df y1691 w1d8 h3b\"><div class=\"t m0 x27 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">53.355.147</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1692 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per Lease<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1692 w1d7 h3b\"><div class=\"t m0 x95 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.290.256 </span> </div></td><td class=\"c x1df y1692 w1d8 h3b\"><div class=\"t m0 x95 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.172.743</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1693 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Meno: disponibilit\u00e0 liqu<span class=\"_ _0\"></span>ide e depositi a br<span class=\"_ _0\"></span>eve termine<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1693 w1d7 h3b\"><div class=\"t m0 x1c h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">38.882.901</span>)  </div></td><td class=\"c x1df y1693 w1d8 h3b\"><div class=\"t m0 x1c h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">19.210.213</span>)  </div></td></tr><tr><td class=\"c x195 y1694 w1d6 h3b\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Meno: attivit\u00e0 finanziarie cor<span class=\"_ _0\"></span>renti </div></td><td class=\"c x1de y1694 w1d7 h3b\"><div class=\"t m0 x4a h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1df y1694 w1d8 h3b\"><div class=\"t m0 x4a h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\"> </span><span class=\"ls4\">  </span> </div></td></tr><tr><td class=\"c x195 y1695 w1d6 h3b\"><div class=\"t m0 x2b h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">Debito netto </div></td><td class=\"c x1de y1695 w1d7 h3b\"><div class=\"t m0 x27 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">47.896.086</span>  </div></td><td class=\"c x1df y1695 w1d8 h3b\"><div class=\"t m0 x27 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">35.317.677</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1696 w1d6 h1e5\"><div class=\"t m0 x2b h4 yf9b ff4 fs0 fc1 sc0 ls0 ws0\">Patrimonio netto<span class=\"_ _0\"></span> </div></td><td class=\"c x1de y1696 w1d7 h1e5\"><div class=\"t m0 x40 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">134.205.722</span>  </div></td><td class=\"c x1df y1696 w1d8 h1e5\"><div class=\"t m0 x40 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">132.059.779</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1697 w1d6 h3a\"><div class=\"t m0 x2b h5 y1134 ff5 fs0 fc1 sc0 ls0 ws0\">Capitale e debit<span class=\"_ _0\"></span>o netto </div></td><td class=\"c x1de y1697 w1d7 h3a\"><div class=\"t m0 x40 h5 y1135 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">182.101.808 </span> </div></td><td class=\"c x1df y1697 w1d8 h3a\"><div class=\"t m0 x40 h5 y1135 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">167.377.456</span><span class=\"ls3\"> </span> </div></td></tr><tr><td class=\"c x195 y1698 w1d9 h15a\"><div class=\"t m0 x2b h4 yc68 ff4 fs0 fc1 sc0 ls0 ws0\">Gearing ratio </div></td><td class=\"c x1de y1698 w1d7 h15a\"><div class=\"t m0 x24 h4 ya69 ff4 fs0 fc1 sc0 ls3 ws0\">26%<span class=\"ls0\"> </span></div></td><td class=\"c x1df y1698 w1da h15a\"><div class=\"t m0 x24 h4 ya69 ff4 fs0 fc1 sc0 ls3 ws0\">21%<span class=\"ls0\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-287": {
   "value": "<div class=\"c w2 h0 gs83\"><div class=\"t m0 x0 h151 y1136 ff11 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x8d h5f y476 ffe fsf fc1 sc0 ls0 ws0\"> <span class=\"_ _6f\"> </span><span class=\"ff5\">Gestione dei rischi fi<span class=\"_ _2\"></span>nanziari<span class=\"_ _75\"> </span></span><span class=\"ff5\"> </span></div><div class=\"t m0 xa5 h11 y73a ff7 fs0 fc1 sc0 ls3 ws0\">1.7.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di liq<span class=\"_ _0\"></span>uidit\u00e0<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span></div><div class=\"t m0 x0 h4 y1a5 ff6 fs0 fc1 sc0 ls0 ws0\">Il Gruppo <span class=\"_ _2\"></span>monitora il <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ischio di <span class=\"_ _8\"></span>una carenza di <span class=\"_ _2\"></span>liquidit\u00e0 utilizzando <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>no strumento di <span class=\"_ _8\"></span>pianificazione<span class=\"_ _0\"></span> della <span class=\"_ _2\"></span>liquidit\u00e0.  <span class=\"_ _8\"></span>L\u2019obi<span class=\"_ _0\"></span><span class=\"ff4\">ett<span class=\"_ _0\"></span>ivo del <span class=\"_ _8\"></span>Grup<span class=\"_ _0\"></span>po<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y7b7 ff4 fs0 fc1 sc0 ls0 ws0\">\u00e8 quello di mantenere u<span class=\"_ _0\"></span>n equilibrio tra continuit\u00e0 nella disponibilit\u00e0 di fondi e flessibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo attrav<span class=\"_ _0\"></span><span class=\"ff6\">erso l\u2019utilizzo di strumen<span class=\"_ _0\"></span>ti quali<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span></div><div class=\"t m0 x0 h4 y1137 ff6 fs0 fc1 sc0 ls0 ws0\">affidamenti e <span class=\"_ _2\"></span>prestiti bancari, <span class=\"_ _2\"></span>mutui e <span class=\"_ _2\"></span>obbligazioni. La <span class=\"_ _2\"></span>politica del <span class=\"_ _2\"></span>Grup<span class=\"_ _0\"></span>po \u00e8 <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>ella di <span class=\"_ _8\"></span>manten<span class=\"_ _0\"></span>ere nell\u2019intorno del <span class=\"_ _8\"></span>60<span class=\"_ _0\"></span>% <span class=\"_ _2\"></span>il to<span class=\"ff4\">tale dei prestiti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y80a ff4 fs0 fc1 sc0 ls0 ws0\">in scadenza <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>prossimi 12 <span class=\"_ _0\"></span>mesi<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Al 31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5<span class=\"ls4\">, </span>il <span class=\"_ _0\"></span><span class=\"ls3\">15,1</span>% <span class=\"_ _0\"></span>del de<span class=\"_ _0\"></span>bito finan<span class=\"_ _0\"></span>ziario <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>inferiore ad<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span> anno<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m0 x0 h4 y1138 ff4 fs0 fc1 sc0 ls0 ws0\">(2024<span class=\"ls4\">: <span class=\"ls3\">34,3<span class=\"lsb\">%)</span></span></span>, calcolato<span class=\"_ _0\"></span> sulla ba<span class=\"_ _0\"></span>se del valore contabile dei deb<span class=\"_ _0\"></span>iti nella situazione<span class=\"_ _0\"></span> finanziaria consol<span class=\"_ _0\"></span>idata. <span class=\"_ _0\"></span> </div><div class=\"t m0 x0 h4 y1139 ff4 fs0 fc1 sc0 ls0 ws0\">La  tabella <span class=\"_ _7\"> </span>sottostante  riassume <span class=\"_ _7\"> </span>il  profilo <span class=\"_ _7\"> </span>di  scadenza <span class=\"_ _7\"> </span>delle  passivit\u00e0 <span class=\"_ _7\"> </span>finanziarie  del <span class=\"_ _7\"> </span>Gruppo  sulla  base <span class=\"_ _7\"> </span>dei <span class=\"_ _7\"> </span>pagamenti  previs<span class=\"_ _3\"></span>ti<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 ye7a ff4 fs0 fc1 sc0 ls0 ws0\">contrattualmente non a<span class=\"_ _0\"></span>ttualizzati.<span class=\"_ _0\"></span> </div><div class=\"t m0 x0 h4 ydee ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x0 h4 y113a ff4 fs0 fc1 sc0 ls0 ws0\"> </div></div><div class=\"gs85\"><table class=\"s w324 h27d\" id=\"_0fd408ed-b24b-4479-bc99-c0f5462a7c65\"><tr><td class=\"c x195 y16a0 w1db h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e0 y16a0 w1dc h24\"><div class=\"t m0 x95 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y16a0 w1dd h24\"><div class=\"t m0 x5d h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y16a0 w1dd h24\"><div class=\"t m0 x66 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 5 anni<span class=\"_ _0\"></span> </div></td><td class=\"c x1e2 y16a0 w34 h24\"><div class=\"t m0 x72 h151 y588 ff5 fs0 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y16a1 w1db hc\"><div class=\"t m0 x2b h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y16a2 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche non corr<span class=\"_ _0\"></span>enti </div></td><td class=\"c x1e0 y16a2 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.736.116 </span> </div></td><td class=\"c x1c8 y16a2 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a2 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">71.416.146 </span> </div></td><td class=\"c x1e2 y16a2 w34 hc\"><div class=\"t m0 x6b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.319.970 </span> </div></td></tr><tr><td class=\"c x195 y16a3 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a3 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1c8 y16a3 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1e1 y16a3 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a3 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a4 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease non corren<span class=\"_ _0\"></span>ti </div></td><td class=\"c x1e0 y16a4 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">899.666 </span> </div></td><td class=\"c x1c8 y16a4 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a4 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">858.556 </span> </div></td><td class=\"c x1e2 y16a4 w34 hc\"><div class=\"t m0 x49 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">41.110 </span> </div></td></tr><tr><td class=\"c x195 y16a5 w1db hc\"><div class=\"t m0 x2b h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a5 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1c8 y16a5 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1e1 y16a5 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a5 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a6 w1db h1d5\"><div class=\"t m0 x2b h5 yf9b ff5 fs0 fc1 sc0 ls0 ws0\">Totale passiv<span class=\"_ _0\"></span>it\u00e0 finanziarie </div></td><td class=\"c x1e0 y16a6 w1dc h1d5\"><div class=\"t m0 x31 h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">86.778.987 </span> </div></td><td class=\"c x1c8 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">13.143.204 </span> </div></td><td class=\"c x1e1 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.274.702 </span> </div></td><td class=\"c x1e2 y16a6 w34 h1d5\"><div class=\"t m0 x6b h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.361.081 </span> </div></td></tr></table></div><div class=\"gs86\"><table class=\"s w324 h27c\" id=\"_d799703f-4ef2-4f4f-94b9-cadcae40a408\"><tr><td class=\"c x195 y1699 w1db h29\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1e0 y1699 w1dc h29\"><div class=\"t m0 xf h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1699 w1dd h29\"><div class=\"t m0 x66 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y1699 w1dd h29\"><div class=\"t m0 x31 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 5 anni </div></td><td class=\"c x1e2 y1699 w34 h29\"><div class=\"t m0 x49 h171 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y169a w1db h3b\"><div class=\"t m0 x2b h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y169b w1db h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1e0 y169b w1dc h39\"><div class=\"t m0 x15 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td><td class=\"c x1c8 y169b w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169b w1dd h39\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 33.378.530  </div></td><td class=\"c x1e2 y169b w34 h39\"><div class=\"t m0 x76 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.609.247  </div></td></tr><tr><td class=\"c x195 y169c w1db h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1e0 y169c w1dc h3a\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1c8 y169c w1dd h3a\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1e1 y169c w1dd h3a\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169c w34 h3a\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169d w1db h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1e0 y169d w1dc h39\"><div class=\"t m0 x27 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 847.512  </div></td><td class=\"c x1c8 y169d w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169d w1dd h39\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 831.668  </div></td><td class=\"c x1e2 y169d w34 h39\"><div class=\"t m0 x4b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 15.844  </div></td></tr><tr><td class=\"c x195 y169e w1db h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1e0 y169e w1dc h3b\"><div class=\"t m0 x27 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1c8 y169e w1dd h3b\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1e1 y169e w1dd h3b\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169e w34 h3b\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169f w1db h1e5\"><div class=\"t m0 x2b h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1e0 y169f w1dc h1e5\"><div class=\"t m0 x15 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 54.527.890  </div></td><td class=\"c x1c8 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 18.692.600  </div></td><td class=\"c x1e1 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 34.210.198  </div></td><td class=\"c x1e2 y169f w34 h1e5\"><div class=\"t m0 x76 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 1.625.091  </div></td></tr></table></div><div class=\"c w2 h0 gs87\"><div class=\"t m0 x0 h4 ybb4 ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x0 h4 yd63 ff4 fs0 fc1 sc0 ls0 ws0\">Si segnala che, a <span class=\"_ _2\"></span>sostegno degli importan<span class=\"_ _0\"></span>ti investimenti in <span class=\"_ _2\"></span>corso, finanziati, per la parte sostenuta nel 2024, tramite la cassa generata<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 y556 ff4 fs0 fc1 sc0 ls0 ws0\">dalla gestione <span class=\"_ _0\"></span>operativa <span class=\"_ _0\"></span>del business, <span class=\"_ _0\"></span>la Capogr<span class=\"_ _0\"></span>uppo sta <span class=\"_ _0\"></span>valutando <span class=\"_ _0\"></span>la sottoscrizione <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span>nuovo fina<span class=\"_ _0\"></span>nziamento banca<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a coper<span class=\"_ _0\"></span>tura<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 y1145 ff4 fs0 fc1 sc0 ls0 ws0\">degli investimenti ancora da e<span class=\"_ _0\"></span>ffettuare<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> </div><div class=\"t m0 xa5 h11 yfa5 ff7 fs0 fc1 sc0 ls3 ws0\">1.7.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di tas<span class=\"_ _0\"></span>so di interesse </span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span></div><div class=\"t m0 x0 h4 y46a ff6 fs0 fc1 sc0 ls0 ws0\">Il rischio <span class=\"_ _0\"></span>di tasso <span class=\"_ _0\"></span>di intesse <span class=\"_ _0\"></span>\u00e8 funzione de<span class=\"_ _0\"></span>ll\u2019andamento dei <span class=\"_ _0\"></span>tassi di <span class=\"_ _0\"></span>interesse <span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>posizioni aziendali <span class=\"_ _0\"></span>ad esso <span class=\"_ _0\"></span>connesse, id<span class=\"_ _3\"></span><span class=\"ff4\">entificabili <span class=\"_ _0\"></span>in<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y46b ff6 fs0 fc1 sc0 ls0 ws0\">investimenti obbliga<span class=\"_ _0\"></span>zionari <span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>operazioni <span class=\"_ _0\"></span>di indebitam<span class=\"_ _0\"></span>ento. Il<span class=\"_ _0\"></span> rischio <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>costituito da<span class=\"_ _0\"></span>ll\u2019aumento degli<span class=\"_ _0\"></span> oner<span class=\"_ _0\"></span>i fina<span class=\"_ _3\"></span><span class=\"ff4\">nziari conne<span class=\"_ _0\"></span>ssi al <span class=\"_ _0\"></span>rialzo<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span></div><div class=\"t m0 x0 h4 y783 ff4 fs0 fc1 sc0 ls0 ws0\">dei tassi di interesse.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m0 x0 h4 yb9b ff4 fs0 fc1 sc0 ls0 ws0\">Tale rischio pu\u00f2 essere diver<span class=\"_ _0\"></span>samente indicato in<span class=\"_ _0\"></span> funzione del para<span class=\"_ _0\"></span>metro di valutazione:<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> </div><div class=\"t m0 x0 h4 y1146 ff6 fs0 fc1 sc0 ls0 ws0\">\u2022<span class=\"ff4\"> <span class=\"_ _1e\"> </span></span>Rischio Cash F<span class=\"_ _0\"></span>low: es<span class=\"_ _0\"></span>so \u00e8 <span class=\"_ _0\"></span>legato all\u2019eventualit\u00e0 <span class=\"_ _0\"></span>di rea<span class=\"_ _0\"></span>lizzare perdit<span class=\"_ _0\"></span>e conne<span class=\"_ _0\"></span>sse o <span class=\"_ _0\"></span>alla riduzione <span class=\"_ _0\"></span>degli incassi <span class=\"_ _0\"></span>previsti oppu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span><span class=\"ff4 ls9\">e<span class=\"_ _75\"> </span></span><span class=\"ff4 ls9\"> </span></div><div class=\"t m0 x0 h4 y7cf ff6 fs0 fc1 sc0 ls0 ws0\">all\u2019aumento <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>costi <span class=\"_ _0\"></span>previst<span class=\"_ _0\"></span>i. <span class=\"_ _0\"></span>Ess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>collega<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ste <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ofili <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>pagamento <span class=\"_ _0\"></span>indicizzati <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>tassi <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>mercato. <span class=\"_ _0\"></span>Al <span class=\"_ _3\"></span>variare<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _0\"></span><span class=\"ls3\">di</span> <span class=\"_ _0\"></span>tali <span class=\"_ _3\"></span>tassi,<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y1147 ff6 fs0 fc1 sc0 ls0 ws0\">varier\u00e0 la posizione dell\u2019a<span class=\"_ _0\"></span>zienda (fina<span class=\"_ _0\"></span>nziamento a tasso variabile)<span class=\"_ _75\"> </span><span class=\"_ _3\"></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y1148 ff6 fs0 fc1 sc0 ls0 ws0\">\u2022<span class=\"ff4\"> <span class=\"_ _1e\"> </span></span>Rischio F<span class=\"_ _0\"></span>air <span class=\"_ _0\"></span>Value: esso <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>lega<span class=\"_ _0\"></span>to <span class=\"_ _0\"></span>all\u2019eventualit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>perdite <span class=\"_ _0\"></span>connesse <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>variazione <span class=\"_ _0\"></span>inattesa <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _0\"></span>o <span class=\"_ _3\"></span><span class=\"ff4\">di<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y1149 ff4 fs0 fc1 sc0 ls0 ws0\">una passivit\u00e0 a seguito d<span class=\"_ _0\"></span>i una improvvisa va<span class=\"_ _0\"></span>riazione dei tassi. <span class=\"_ _3\"></span> </div><div class=\"t m0 x0 h4 y114a ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 xa5 h11 y433 ff7 fs0 fc1 sc0 ls3 ws0\">1.7.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di cr<span class=\"_ _0\"></span>edito<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span></div><div class=\"t m0 x0 h4 ye87 ff4 fs0 fc1 sc0 ls0 ws0\">\u00c8 <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rischio <span class=\"_ _9\"> </span>che <span class=\"_ _5\"></span>un <span class=\"_ _9\"> </span>cliente <span class=\"_ _5\"></span>o <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>contropar<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>uno <span class=\"_ _5\"></span>strumento <span class=\"_ _9\"> </span>finanziario <span class=\"_ _5\"></span>causi <span class=\"_ _9\"> </span>una <span class=\"_ _5\"></span>perdita <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _5\"></span>non <span class=\"_ _9\"> </span>adempiendo<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ls3\">ad<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span></div><div class=\"t m0 x0 h4 y45a ff6 fs0 fc1 sc0 ls0 ws0\">un\u2019obbligazione;<span class=\"ff4\"> il <span class=\"_ _8\"></span>rischio \u00e8 <span class=\"_ _2\"></span>insito principalmente <span class=\"_ _8\"></span>nel mancato <span class=\"_ _8\"></span>in<span class=\"_ _0\"></span>casso dei <span class=\"_ _8\"></span>crediti commerciali. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>principali controparti del <span class=\"_ _2\"></span>Gruppo sono<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span></div><div class=\"t m0 x0 h4 y272 ff4 fs0 fc1 sc0 ls0 ws0\">primarie <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _4\"></span>attive <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>settore <span class=\"_ _4\"></span>della <span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>traceutica <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>farmaceutica<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>multinazionali<span class=\"ls4\">. <span class=\"_ _4\"></span></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _4\"></span>inoltre, <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>attentam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>lo<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 y501 ff4 fs0 fc1 sc0 ls0 ws0\">standing <span class=\"_ _0\"></span>creditizio <span class=\"_ _0\"></span>della<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>propria <span class=\"_ _0\"></span>clientela <span class=\"_ _0\"></span>anche<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>considerando <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>natura <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rappor<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i cl<span class=\"_ _0\"></span>ienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> lung<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 y114b ff4 fs0 fc1 sc0 ls0 ws0\">periodo.<span class=\"_ _75\"> </span> </div><div class=\"t m0 xa5 h11 y114c ff7 fs0 fc1 sc0 ls3 ws0\">1.7.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di <span class=\"_ _0\"></span>prezzo<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span></div><div class=\"t m0 x0 h4 y10b0 ff4 fs0 fc1 sc0 ls0 ws0\">Viene <span class=\"_ _9\"> </span>mitigato <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>solida <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>ocedura <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>contabilit\u00e0 <span class=\"_ _9\"> </span>industriale <span class=\"_ _9\"> </span>utile <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>iden<span class=\"_ _0\"></span>tificare <span class=\"_ _9\"> </span>correttamente <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>costo <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>prod<span class=\"_ _3\"></span>uzione,<span class=\"_ _75\"> </span> </div><div class=\"t m0 x0 h4 y10b1 ff4 fs0 fc1 sc0 ls0 ws0\">attraverso il quale possono esse<span class=\"_ _0\"></span>re stabiliti e adottati p<span class=\"_ _0\"></span>rezzi remune<span class=\"_ _0\"></span>rativi e competitivi presso i<span class=\"_ _0\"></span>l cliente<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> </div><div class=\"t m0 xa5 h11 y671 ff7 fs0 fc1 sc0 ls3 ws0\">1.7.5<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di var<span class=\"_ _0\"></span>iazione dei flussi finanziar<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span></div><div class=\"t m0 x0 h4 yaa8 ff4 fs0 fc1 sc0 ls0 ws0\">Non <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>ritenuto<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>signifi<span class=\"_ _0\"></span>cativo <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsiderazione <span class=\"_ _4\"></span>della <span class=\"_ _3\"></span>struttura <span class=\"_ _4\"></span>patrimoniale <span class=\"_ _3\"></span>della<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Societ\u00e0. <span class=\"_ _4\"></span>Si <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>itiene <span class=\"_ _4\"></span>pertanto <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ischi <span class=\"_ _3\"></span>a<span class=\"_ _4\"></span> <span class=\"_ _3\"></span><span class=\"ff6\">cui <span class=\"_ _3\"></span>l\u2019attivit<span class=\"_ _0\"></span>\u00e0<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span></div><div class=\"t m0 x0 h4 y3f1 ff4 fs0 fc1 sc0 ls0 ws0\">aziendale \u00e8 esposta non siano <span class=\"_ _0\"></span>complessivam<span class=\"_ _0\"></span>ente superiori a que<span class=\"_ _0\"></span>lli fisiologicamente connes<span class=\"_ _0\"></span>si al complessivo r<span class=\"_ _0\"></span>ischio <span class=\"_ _0\"></span><span class=\"ff6\">d\u2019imp<span class=\"_ _0\"></span>resa</span>.<span class=\"_ _75\"> </span> </div></div>1.7.6<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi fiscali<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Le societ\u00e0 del Gruppo sono so<span class=\"_ _0\"></span>ggette al sistema di tassazione previsto dalla nor<span class=\"_ _0\"></span>mativa fiscale italiana vigente. Modifiche sf<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>vorevoli a<span class=\"_ _75\"> </span> tale <span class=\"_ _4\"></span>norm<span class=\"_ _0\"></span>ativa, <span class=\"_ _4\"></span>nonch\u00e9 <span class=\"_ _5\"></span>qualsia<span class=\"_ _0\"></span>si <span class=\"_ _4\"></span>or<span class=\"_ _0\"></span>ientamento <span class=\"_ _5\"></span>delle <span class=\"_ _4\"></span>autor<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _4\"></span>fisc<span class=\"_ _0\"></span>ali <span class=\"_ _4\"></span>italiane <span class=\"_ _5\"></span>o <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>giurisprudenz<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>con <span class=\"_ _5\"></span>riferimento<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>all<span class=\"_ _3\"></span>'applica<span class=\"_ _0\"></span>zione,<span class=\"_ _75\"> </span> interpretazione <span class=\"_ _5\"></span>della <span class=\"_ _5\"> </span>no<span class=\"_ _0\"></span>rmativa <span class=\"_ _5\"></span>fiscale <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>ordine <span class=\"_ _5\"></span>alla <span class=\"_ _5\"></span>determ<span class=\"_ _0\"></span>inazione <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>carico <span class=\"_ _5\"></span>fiscale <span class=\"_ _5\"> </span>(Im<span class=\"_ _0\"></span>posta <span class=\"_ _5\"></span>sul <span class=\"_ _4\"></span>Redd<span class=\"_ _0\"></span>ito <span class=\"_ _5\"></span>delle <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _5\"></span>\u201c<span class=\"_ _3\"></span>IRES\u201d,<span class=\"_ _75\"> </span> Imposta <span class=\"_ _3\"></span>Regionale <span class=\"_ _3\"></span>Attivit\u00e0 <span class=\"_ _0\"></span>Produ<span class=\"_ _0\"></span>ttive <span class=\"_ _3\"></span>\u201cIRAP\u201d) <span class=\"_ _0\"></span>nonch<span class=\"_ _0\"></span>\u00e9 <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>fini <span class=\"_ _3\"></span>dell\u2019Imposta <span class=\"_ _3\"></span>sul <span class=\"_ _3\"></span>Valore <span class=\"_ _3\"></span>Aggiunto <span class=\"_ _0\"></span>\u201c<span class=\"_ _0\"></span>IVA\u201d, <span class=\"_ _3\"></span>potrebbe<span class=\"_ _3\"></span><span class=\"ff4\">ro <span class=\"_ _3\"></span>avere <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>nega<span class=\"_ _0\"></span>tivi<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>rilevanti sulla situazione eco<span class=\"_ _0\"></span>nomica, patrimo<span class=\"_ _0\"></span>niale e finanziaria delle st<span class=\"_ _0\"></span>esse.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Nello <span class=\"_ _8\"></span>svolgimento della <span class=\"_ _8\"></span>propria <span class=\"_ _2\"></span>attivit\u00e0, <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"></span>\u00e8 esposto <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>l\u2019amministr<span class=\"_ _0\"></span>azione <span class=\"_ _8\"></span>finan<span class=\"_ _0\"></span>ziaria o <span class=\"_ _8\"></span>la <span class=\"_ _8\"></span>giurispruden<span class=\"_ _0\"></span>z<span class=\"_ _0\"></span><span class=\"ff4\">a <span class=\"_ _2\"></span>addivengano<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>\u2013<span class=\"ff4\"> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>relazione <span class=\"_ _4\"></span>alla <span class=\"_ _3\"></span>legislazione <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>materia <span class=\"_ _4\"></span>fiscale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>tributaria <span class=\"_ _4\"></span></span>\u2013<span class=\"ff4\"> <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>inte<span class=\"_ _0\"></span>rpretazioni <span class=\"_ _3\"></span>o <span class=\"_ _4\"></span>posizioni <span class=\"_ _0\"></span>diver<span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>rispetto <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>q<span class=\"_ _0\"></span>uelle <span class=\"_ _3\"></span>fatte <span class=\"_ _4\"></span>proprie <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>l<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>Gruppo  Fine <span class=\"_ _7\"> </span>Foods  nello <span class=\"_ _7\"> </span>svolgimento  della <span class=\"_ _7\"> </span>propria  attivit\u00e0.  La <span class=\"_ _7\"> </span>legislazione  fiscale <span class=\"_ _7\"> </span>e  tributaria, <span class=\"_ _7\"> </span>nonch\u00e9  la <span class=\"_ _7\"> </span>sua  interpretazio<span class=\"_ _3\"></span>ne,<span class=\"_ _75\"> </span> costituiscono elementi di particolare complessit\u00e0, anche a causa della continua <span class=\"_ _2\"></span>evoluzione della normat<span class=\"_ _0\"></span>iva stessa e della sua <span class=\"_ _2\"></span>esegesi<span class=\"_ _75\"> </span> da parte degli organi a<span class=\"_ _0\"></span>mministrativi e giurisdizional<span class=\"_ _0\"></span>i preposti.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _7\"> </span>sar\u00e0 <span class=\"_ _9\"> </span>periodicam<span class=\"_ _0\"></span>ente <span class=\"_ _7\"> </span>sottoposto <span class=\"_ _7\"> </span>ad <span class=\"_ _9\"> </span>accertamen<span class=\"_ _0\"></span>ti <span class=\"_ _9\"> </span>per<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>ver<span class=\"_ _0\"></span>ificare <span class=\"_ _9\"> </span>la <span class=\"_ _7\"> </span>corretta <span class=\"_ _9\"> </span>appl<span class=\"_ _0\"></span>icazione <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>tale <span class=\"_ _7\"> </span>normativa <span class=\"_ _7\"> </span>e <span class=\"_ _9\"> </span>il <span class=\"_ _7\"> </span>corre<span class=\"_ _3\"></span><span class=\"ls4\">tto<span class=\"_ _75\"> </span></span><span class=\"ls4\"> </span>pagamento <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>imposte. <span class=\"_ _4\"></span>In <span class=\"_ _4\"></span>caso <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>testazioni <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>autorit\u00e0 <span class=\"_ _4\"></span>tributarie <span class=\"_ _4\"></span>italiane <span class=\"_ _4\"></span>o <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>re, <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>potrebbe<span class=\"_ _0\"></span>ro<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>essere<span class=\"_ _75\"> </span> coinvolte in lunghi procedimenti, r<span class=\"_ _0\"></span>isultanti nel pagamen<span class=\"_ _0\"></span>to di penali o sanzioni, con possibili effetti ne<span class=\"_ _0\"></span>gativi rilevanti sul<span class=\"_ _3\"></span><span class=\"ff6\">l\u2019attivit\u00e0, nonch\u00e9<span class=\"_ _75\"> </span></span><span class=\"ff6\"><span class=\"_ _0\"></span> </span>sulla situazione econom<span class=\"_ _0\"></span>ica, patrimon<span class=\"_ _0\"></span>iale e finanziaria dello ste<span class=\"_ _0\"></span>sso.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> In <span class=\"_ _0\"></span>considerazione <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>complessit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>tinuo <span class=\"_ _0\"></span>mutamento <span class=\"_ _3\"></span>dell<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>normativa <span class=\"_ _3\"></span>fiscale <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>tributaria, <span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>sua <span class=\"_ _0\"></span>interpr<span class=\"_ _0\"></span>et<span class=\"_ _3\"></span>azione,<span class=\"_ _75\"> </span> non \u00e8 quindi possibile <span class=\"_ _2\"></span>escludere che l\u2019amministrazione finanziaria o la giurisprudenza possano in futuro addivenire a inter<span class=\"ff4\">pr<span class=\"_ _0\"></span>etazioni, o<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>assumere <span class=\"_ _4\"></span>posizioni, <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>contrasto <span class=\"_ _3\"></span>con <span class=\"_ _4\"></span>quelle <span class=\"_ _4\"></span><span class=\"ls3\">adottate <span class=\"_ _3\"></span>dal <span class=\"_ _4\"></span>Gruppo <span class=\"_ _3\"></span>nello <span class=\"_ _3\"></span>svolgimento <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>propria <span class=\"_ _4\"></span>attivit\u00e0, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>possibili <span class=\"_ _3\"></span>conseguenze<span class=\"_ _75\"> </span></span><span class=\"ls3\"><span class=\"_ _0\"></span> </span>negative sulla situazione eco<span class=\"_ _0\"></span>nomica, patr<span class=\"_ _0\"></span>imoniale e finanziaria dell<span class=\"_ _0\"></span>a stessa.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.7.7<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff19\">Rischi legati all\u2019a<span class=\"_ _0\"></span>ffidabilit\u00e0 del sistema i<span class=\"_ _0\"></span>nformativo<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff19\"><span class=\"_ _0\"></span><span class=\"ff7\"> </span></span></span>Il<span class=\"ls0\"> <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>esposto <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>verif<span class=\"_ _0\"></span>ichino <span class=\"_ _0\"></span>eventi <span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>cidentali <span class=\"_ _3\"></span>o <span class=\"_ _0\"></span>azioni <span class=\"_ _0\"></span>dolose <span class=\"_ _0\"></span>inerenti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>inform<span class=\"_ _0\"></span>atico <span class=\"_ _0\"></span>(hardware, <span class=\"_ _4\"></span>software,<span class=\"_ _75\"> </span></span><span class=\"ls0\"> </span>banche dati, etc.) che <span class=\"_ _2\"></span>ne impattino l'affidabilit\u00e0, con <span class=\"_ _2\"></span>potenziali effetti negativi sulla situazione <span class=\"_ _2\"></span>economica, patrimon<span class=\"_ _0\"></span>iale e finanziaria del<span class=\"_ _75\"> </span> Gruppo.<span class=\"_ _75\"> </span> Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>procedur<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>policy <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>sicurezza <span class=\"_ _3\"></span>atte <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rantire <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>corrett<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>gestione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>sistemi <span class=\"_ _3\"></span>informatici. <span class=\"_ _0\"></span>\u00c8 <span class=\"_ _3\"></span>inolt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dotato <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span> apparati <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>sicurezza <span class=\"_ _5\"></span>perimetrale <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>inte<span class=\"_ _0\"></span>rna. <span class=\"_ _4\"></span>Le <span class=\"_ _4\"></span>infrastrutture <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>equipagg<span class=\"_ _0\"></span>iate <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>sistemi <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>alta <span class=\"_ _4\"></span>affidab<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _4\"></span>per <span class=\"_ _9\"> </span>i <span class=\"_ _4\"></span>sistemi <span class=\"_ _4\"></span>critici <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span> vengono <span class=\"_ _8\"></span>ver<span class=\"_ _0\"></span>ificate <span class=\"_ _8\"></span>con frequenza <span class=\"_ _8\"></span>annuale. P<span class=\"_ _2\"></span>eriodicamente la <span class=\"_ _8\"></span>funzione <span class=\"_ _2\"></span>IT <span class=\"_ _2\"></span>effettua <span class=\"_ _2\"></span>simulazione <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>attacchi esterni <span class=\"_ _8\"></span>per <span class=\"_ _8\"></span>ver<span class=\"_ _0\"></span>ifica<span class=\"_ _0\"></span>re <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>tenuta<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> del <span class=\"_ _2\"></span>sistema <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>protezione. Dal <span class=\"_ _8\"></span>punto di <span class=\"_ _8\"></span>vista di <span class=\"_ _8\"></span>gestione dei <span class=\"_ _8\"></span>rischi, <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>un <span class=\"_ _2\"></span>piano di <span class=\"_ _8\"></span>dis<span class=\"_ _0\"></span>aster <span class=\"_ _8\"></span>recovery atto <span class=\"_ _8\"></span>a garantire <span class=\"_ _2\"></span>l'affidabilit\u00e0<span class=\"_ _75\"> </span> dei sistemi informatici, ino<span class=\"_ _0\"></span>ltre i sistemi IT<span class=\"_ _0\"></span> del Gruppo sono confor<span class=\"_ _0\"></span>mi alle normative GDPR per<span class=\"_ _0\"></span> la protezione d<span class=\"_ _0\"></span>ei dati.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> La <span class=\"_ _0\"></span>funzione <span class=\"_ _0\"></span>sistemi <span class=\"_ _0\"></span>informativi <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>soggetta, <span class=\"_ _0\"></span>inoltre, <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>audit <span class=\"_ _0\"></span>interni <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>funzione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Quality <span class=\"_ _0\"></span>Assurance <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>est<span class=\"_ _3\"></span>erni <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span> enti certificatori e clienti.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.7.8<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai conflitti geopolitici in co<span class=\"_ _0\"></span>rso<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il Gruppo <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>esposto a<span class=\"_ _0\"></span>l poss<span class=\"_ _0\"></span>ibile ri<span class=\"_ _0\"></span>schio di<span class=\"_ _0\"></span> cancella<span class=\"_ _0\"></span>zione o<span class=\"_ _0\"></span> sospens<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di ordini<span class=\"_ _0\"></span> per <span class=\"_ _0\"></span>prodotti <span class=\"_ _0\"></span>esportat<span class=\"_ _0\"></span>i in pa<span class=\"_ _0\"></span>esi in<span class=\"_ _0\"></span> guer<span class=\"_ _0\"></span>ra (<span class=\"_ _4\"></span>es. Conflitto<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Russia-Ucraina <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>zone <span class=\"_ _3\"></span>limitrofe) <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>impatti <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>BU <span class=\"_ _3\"></span>Nutra. <span class=\"_ _3\"></span>Il <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>monitora <span class=\"_ _3\"></span>tale <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>amite <span class=\"_ _3\"></span>continui <span class=\"_ _3\"></span>contatt<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>che<span class=\"_ _75\"> </span> esportano nelle zone inter<span class=\"_ _0\"></span>essate dal conflitto in m<span class=\"_ _0\"></span>odo da gestire pu<span class=\"_ _0\"></span>ntualmente le eventua<span class=\"_ _0\"></span>li criticit\u00e0.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> L\u2019evoluzione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>conflitti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>tensioni <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>corso <span class=\"_ _4\"></span>nell\u2019area <span class=\"_ _3\"></span>Medio<span class=\"_ _0\"></span><span class=\"ff4\">-<span class=\"_ _0\"></span>Orientale <span class=\"_ _4\"></span>potrebbe <span class=\"_ _3\"></span>deter<span class=\"_ _0\"></span>minare <span class=\"_ _3\"></span>una <span class=\"_ _4\"></span>crescente <span class=\"_ _4\"></span>instabilit\u00e0 <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>nuove<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>complessit\u00e0 geopolitiche. Fine <span class=\"_ _2\"></span>Foods ed <span class=\"_ _2\"></span>i suoi <span class=\"_ _2\"></span>clienti principali hanno <span class=\"_ _2\"></span>una esposizione molto <span class=\"_ _2\"></span>limitata nelle aree <span class=\"_ _2\"></span>ad oggi interessate dal<span class=\"_ _75\"> </span> conflitto; il Gruppo monitora co<span class=\"_ _0\"></span>stantemente <span class=\"_ _0\"></span>i potenziali effetti che lo<span class=\"_ _0\"></span> stesso potrebbe<span class=\"_ _0\"></span> avere sulle sue att<span class=\"_ _0\"></span>ivit\u00e0 operative.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> 1.7.9<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischi conn<span class=\"_ _0\"></span>essi alla concentr<span class=\"_ _0\"></span>azione dei ricavi del <span class=\"_ _0\"></span>Gruppo sui principali clienti<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Il Gruppo <span class=\"_ _0\"></span>storicamente <span class=\"_ _0\"></span>registra <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>significativa <span class=\"_ _0\"></span>concentrazione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>ricavi su<span class=\"_ _0\"></span>i principal<span class=\"_ _0\"></span>i client<span class=\"_ _0\"></span>i.  <span class=\"_ _0\"></span>Pert<span class=\"_ _0\"></span>anto, il <span class=\"_ _0\"></span>venir meno<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>uno o<span class=\"_ _0\"></span> pi\u00f9 <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span> tali <span class=\"_ _0\"></span>rap<span class=\"_ _0\"></span>porti <span class=\"_ _3\"></span>avrebbe <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>significativo <span class=\"_ _0\"></span>imp<span class=\"_ _0\"></span>atto <span class=\"_ _3\"></span>sui <span class=\"_ _0\"></span>ricavi <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>Gruppo. <span class=\"_ _3\"></span>Inoltre, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>norma, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>contratti <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>principa<span class=\"_ _3\"></span>li <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>non<span class=\"_ _75\"> </span> sempre <span class=\"_ _3\"></span>prevedo<span class=\"_ _0\"></span>no <span class=\"_ _3\"></span>quantitativi <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>nimi <span class=\"_ _3\"></span>garantiti. <span class=\"_ _4\"></span>Pertanto, <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>alcuna <span class=\"_ _3\"></span>certezza <span class=\"_ _3\"></span>che <span class=\"_ _5\"></span><span class=\"ff6\">\u2013</span> <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>costanz<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>tali <span class=\"_ _4\"></span>rapporti <span class=\"_ _3\"></span><span class=\"ff6\">\u2013</span> <span class=\"_ _4\"></span>negli <span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>cizi<span class=\"_ _75\"> </span> successivi l\u2019amm<span class=\"_ _0\"></span>ontare de<span class=\"_ _0\"></span>i ricavi ge<span class=\"_ _0\"></span>nerati dal <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>sia analogo o <span class=\"_ _0\"></span>superiore <span class=\"_ _0\"></span>a quelli <span class=\"_ _0\"></span>registra<span class=\"_ _3\"></span>ti negli esercizi <span class=\"_ _0\"></span>precedenti. <span class=\"_ _0\"></span>L\u2019eventuale<span class=\"_ _75\"> </span> verificarsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>tali circo<span class=\"_ _0\"></span>stanze <span class=\"_ _0\"></span>potrebbe <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>terminare <span class=\"_ _0\"></span>effetti <span class=\"_ _0\"></span>negativi <span class=\"_ _0\"></span>significativi <span class=\"_ _0\"></span>sull\u2019attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sulla <span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ituazione <span class=\"_ _0\"></span>economic<span class=\"_ _3\"></span><span class=\"ff4\">a, <span class=\"_ _0\"></span>patrimoniale <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>finanziaria <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>Gruppo. <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>mitiga <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>, cost<span class=\"_ _0\"></span>ruendo <span class=\"_ _0\"></span>relazioni <span class=\"_ _0\"></span>stabili <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>duratur<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>propri <span class=\"_ _0\"></span>clienti <span class=\"_ _0\"></span>volte <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>una<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> fortissima <span class=\"_ _3\"></span>fidelizzazion<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>degli <span class=\"_ _4\"></span>stessi, <span class=\"_ _3\"></span>dall'altro <span class=\"_ _4\"></span>lato <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>amite <span class=\"_ _3\"></span>attivit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>commer<span class=\"_ _0\"></span>ciali <span class=\"_ _3\"></span>volte <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>ll'acquisizione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>nuovi <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>M&amp;A<span class=\"_ _75\"> </span> volte all'indi<span class=\"_ _0\"></span>viduazione e<span class=\"_ _0\"></span> acquisiz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>di s<span class=\"_ _0\"></span>ociet\u00e0 targe<span class=\"_ _0\"></span>t. <span class=\"_ _0\"></span>Con la <span class=\"_ _0\"></span>crescita <span class=\"_ _0\"></span>dei client<span class=\"_ _0\"></span>i sia <span class=\"_ _0\"></span>Nutra <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>Pharma e <span class=\"_ _0\"></span>con l'acqui<span class=\"_ _0\"></span>sizione del<span class=\"_ _0\"></span>la BU<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> cosmetica, la concentrazione de<span class=\"_ _0\"></span>i ricavi, sep<span class=\"_ _0\"></span>pur ancora presente<span class=\"_ _0\"></span>, si \u00e8 diluita e sta dimin<span class=\"_ _0\"></span>uendo nel tem<span class=\"_ _0\"></span>po.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.7.10<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi con<span class=\"_ _0\"></span>nessi alla res<span class=\"_ _0\"></span>ponsabilit\u00e0 civile del pr<span class=\"_ _0\"></span>oduttore </span></span>Il Gruppo \u00e8 esposto ai rischi lega<span class=\"_ _0\"></span>ti a prodotti fab<span class=\"_ _0\"></span>bricati con qualit\u00e0 n<span class=\"_ _0\"></span>on conforme alle specifiche del <span class=\"_ _0\"></span>cliente e a<span class=\"_ _0\"></span> rischi co<span class=\"_ _0\"></span>nnessi a<span class=\"_ _0\"></span>i futuri obblighi <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>a<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>due <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ligence <span class=\"_ _3\"></span>lung<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>catena <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>fornitura, <span class=\"_ _3\"></span>esp<span class=\"_ _0\"></span>onendolo <span class=\"_ _4\"></span>ad <span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>possibile <span class=\"_ _4\"></span>azione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>responsa<span class=\"_ _3\"></span>bilit\u00e0 <span class=\"_ _4\"></span>e/o <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>prete<span class=\"_ _0\"></span>se risarcitorie, con potenziali effet<span class=\"_ _0\"></span>ti negativi sulla s<span class=\"_ _0\"></span>ituazione economic<span class=\"_ _0\"></span>a, finanziaria e patr<span class=\"_ _0\"></span>imoniale del Grup<span class=\"_ _0\"></span>po. I fornitori <span class=\"_ _3\"></span>di materie prime<span class=\"_ _0\"></span> e <span class=\"_ _0\"></span>packaging <span class=\"_ _3\"></span>vengono <span class=\"_ _0\"></span>sottoposti <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>un <span class=\"_ _3\"></span>processo <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>qualificazione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>monitoraggio <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>equisiti <span class=\"_ _0\"></span>ESG, <span class=\"_ _0\"></span>attivit\u00e0 <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>sar\u00e0 <span class=\"_ _3\"></span>estesa nel 2026 anche ai fornitor<span class=\"_ _0\"></span>i di servizi.<span class=\"_ _0\"></span> Inoltre la societ\u00e0 dispone di un <span class=\"_ _0\"></span>sistema d<span class=\"_ _0\"></span>i monitoraggio a livello <span class=\"_ _0\"></span>internazionale d<span class=\"_ _0\"></span>elle allerte e delle fr<span class=\"_ _0\"></span>odi in ambito alime<span class=\"_ _3\"></span>ntare.<span class=\"_ _0\"></span> Il Gruppo ha inoltre sottoscr<span class=\"_ _0\"></span>itto con una pr<span class=\"_ _0\"></span>imaria compagnia di assi<span class=\"_ _0\"></span>curazione una polizza as<span class=\"_ _0\"></span>sicurativa co<span class=\"_ _0\"></span>n un massimale di 20<span class=\"_ _3\"></span> milioni<span class=\"_ _0\"></span> di euro per ciascun evento<span class=\"_ _0\"></span> e per anno.<span class=\"_ _0\"></span> Un'ulteriore azione <span class=\"_ _2\"></span>di mitigazione di <span class=\"_ _8\"></span>tale rischio \u00e8 <span class=\"_ _8\"></span>inclusa nel B<span class=\"_ _2\"></span>usiness Continuity P<span class=\"_ _2\"></span>lan e riguarda <span class=\"_ _2\"></span>la fo<span class=\"_ _2\"></span>rmazione continua <span class=\"_ _2\"></span>d<span class=\"_ _0\"></span>el personale coinvolto nei processi di ap<span class=\"_ _0\"></span>provvigionamen<span class=\"_ _0\"></span>to, di verifica e di realiz<span class=\"_ _0\"></span>zazione dei prodotti.    <span class=\"_ _3\"></span> 1.7.11<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi <span class=\"ff19\">con<span class=\"_ _0\"></span>nessi all\u2019autorizzazio<span class=\"_ _0\"></span>ne alla produzio<span class=\"_ _0\"></span>ne</span> </span></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>esposto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>mancata <span class=\"_ _3\"></span>approvazione, <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>enti <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>istituzioni <span class=\"_ _3\"></span>go<span class=\"_ _0\"></span>vernative <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>sanitarie, <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>sing<span class=\"_ _3\"></span>ole <span class=\"_ _3\"></span>fas<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> produzione che <span class=\"_ _8\"></span>caratterizzano la <span class=\"_ _8\"></span>sua attivit\u00e0, <span class=\"_ _8\"></span>laddove fosse <span class=\"_ _8\"></span>rilevato<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>mancato rispetto <span class=\"_ _8\"></span>dei requisiti <span class=\"_ _8\"></span>normativi applicabili <span class=\"_ _2\"></span>agli <span class=\"_ _2\"></span>stabilimenti e <span class=\"_ _9\"> </span>alla <span class=\"_ _7\"> </span>produzione <span class=\"_ _9\"> </span>di <span class=\"_ _7\"> </span>farmaci <span class=\"_ _9\"> </span>e <span class=\"_ _7\"> </span>prodotti <span class=\"_ _7\"> </span>nutraceutici, <span class=\"_ _9\"> </span>con <span class=\"_ _7\"> </span>potenziali <span class=\"_ _7\"> </span>effetti <span class=\"_ _9\"> </span>negativ<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>sulla <span class=\"_ _9\"> </span>sua<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>situ<span class=\"_ _0\"></span>azione <span class=\"_ _9\"> </span>econo<span class=\"_ _0\"></span>mica, <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>i<span class=\"_ _3\"></span>aria <span class=\"_ _9\"> </span>e<span class=\"_ _0\"></span> patrimoniale. <span class=\"_ _2\"></span>Durante <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>numerosi <span class=\"_ _2\"></span>audit <span class=\"_ _2\"></span>svolti <span class=\"_ _2\"></span>da <span class=\"_ _8\"></span>c<span class=\"_ _0\"></span>lienti <span class=\"_ _8\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>au<span class=\"_ _0\"></span>torit\u00e0, <span class=\"_ _8\"></span>i<span class=\"_ _0\"></span>l <span class=\"_ _2\"></span>Gruppo <span class=\"_ _2\"></span>non <span class=\"_ _8\"></span>ha<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>mai<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>ricevuto<span class=\"_ _3\"></span> <span class=\"_ _8\"></span>segn<span class=\"_ _0\"></span>alazioni <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>non <span class=\"_ _8\"></span>confor<span class=\"_ _0\"></span>mit\u00e0 <span class=\"_ _2\"></span>critiche.<span class=\"_ _0\"></span> Ci\u00f2 pr<span class=\"_ _0\"></span>emesso, <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>compliance <span class=\"_ _0\"></span>GM<span class=\"_ _0\"></span>P <span class=\"_ _0\"></span>viene <span class=\"_ _0\"></span>garantita <span class=\"_ _0\"></span>mediante <span class=\"_ _0\"></span>l'ap<span class=\"_ _0\"></span>plicazione <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>rigorose <span class=\"_ _0\"></span>procedu<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>qualit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>periodici <span class=\"_ _0\"></span>audit<span class=\"_ _4\"></span> interni di tipo sistematico. <span class=\"_ _0\"></span> Il Gruppo inoltre dispone d<span class=\"_ _0\"></span>i una procedur<span class=\"_ _0\"></span>a per la rapida tratt<span class=\"_ _0\"></span>azione di eventuali osservazion<span class=\"_ _0\"></span>i o deviazioni r<span class=\"_ _0\"></span>iscontrate dalle<span class=\"_ _3\"></span> autorit\u00e0. 1.7.12<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi rela<span class=\"_ _0\"></span>tivi alla normativa<span class=\"_ _0\"></span> in materia di ambien<span class=\"_ _0\"></span>te, salute e sicurezza dei lav<span class=\"_ _0\"></span>oratori<span class=\"_ _0\"></span> </span></span>Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>esposto <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>rischio <span class=\"_ _0\"></span>scaturente <span class=\"_ _3\"></span>dall\u2019eventuale <span class=\"_ _0\"></span>contaminazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>accidentale <span class=\"_ _3\"></span>dell\u2019ambiente <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>erano <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>propri <span class=\"_ _0\"></span>dip<span class=\"_ _3\"></span><span class=\"ff4\">endenti, </span>nonch\u00e9 di possibili infortuni sul luogo di lavoro. <span class=\"_ _2\"></span>Inoltre, eventual<span class=\"_ _0\"></span>i violazioni della normativa ambientale, nonch\u00e9 l\u2019adoz<span class=\"_ _0\"></span><span class=\"ff4\">ione di sistemi di </span>prevenzione <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>protezione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>in <span class=\"_ _4\"></span>mater<span class=\"_ _0\"></span>ia <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>sicurezza <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>appropriato <span class=\"_ _3\"></span>alle <span class=\"_ _4\"></span>esigenze <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>Gruppo, <span class=\"_ _3\"></span>potre<span class=\"_ _0\"></span>bbe <span class=\"_ _4\"></span>comportare <span class=\"_ _4\"></span>l\u2019applicazione<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _4\"></span>di </span>sanzioni <span class=\"_ _5\"></span>amministrative <span class=\"_ _5\"></span>anche <span class=\"_ _9\"> </span>significative, <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>natur<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>monetaria <span class=\"_ _5\"></span>oppure <span class=\"_ _5\"> </span>inibitor<span class=\"_ _0\"></span>ia, <span class=\"_ _5\"></span>ivi <span class=\"_ _5\"></span>incluse <span class=\"_ _5\"></span>sospensioni <span class=\"_ _9\"> </span><span class=\"ff6\">o <span class=\"_ _5\"></span>interr<span class=\"_ _0\"></span>uzioni <span class=\"_ _5\"></span>dell\u2019attivit\u00e0 </span>produttiva, <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>tenziali <span class=\"_ _3\"></span>effetti <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>egativi <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>situa<span class=\"_ _0\"></span>zione <span class=\"_ _3\"></span>economic<span class=\"_ _0\"></span>a, <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>finanziaria <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>Gruppo.<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>Il <span class=\"_ _0\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _3\"></span>dispone <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>un robusto <span class=\"_ _2\"></span>sistema di <span class=\"_ _8\"></span>gestione<span class=\"_ _0\"></span> degli <span class=\"_ _2\"></span>standard di <span class=\"_ _8\"></span>salute e <span class=\"_ _8\"></span>s<span class=\"_ _0\"></span>icurezza <span class=\"_ _2\"></span>dei lavoratori <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>di tutela <span class=\"_ _8\"></span>ambien<span class=\"_ _0\"></span>tale del <span class=\"_ _8\"></span>contesto in <span class=\"_ _2\"></span>cui il Gruppo <span class=\"_ _8\"></span>op<span class=\"_ _0\"></span>era. Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _9\"> </span>in <span class=\"_ _9\"> </span>possesso <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>certificazioni <span class=\"_ _9\"> </span>quali <span class=\"_ _9\"> </span>la <span class=\"_ _5\"> </span>ISO<span class=\"_ _0\"></span>45001:2018<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>(S&amp;SL) <span class=\"_ _5\"></span>e <span class=\"_ _9\"> </span>ISO14001:2015 <span class=\"_ _9\"> </span>(amb<span class=\"_ _3\"></span>iente) <span class=\"_ _9\"> </span>che <span class=\"_ _9\"> </span>attestano <span class=\"_ _9\"> </span>la <span class=\"_ _5\"> </span>cor<span class=\"_ _0\"></span>retta strutturazione e applicazione<span class=\"_ _0\"></span> del sistema stesso.<span class=\"_ _0\"></span> Il Gruppo \u00e8 soggetto annu<span class=\"_ _0\"></span>almente ad a<span class=\"_ _0\"></span>udit da parte di enti certific<span class=\"_ _0\"></span>ati e, sempre ann<span class=\"_ _0\"></span>ualmente, vengono effettu<span class=\"_ _0\"></span>ati audit intern<span class=\"_ _3\"></span><span class=\"ls7\">i.</span> 1.7.13<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai cambiamenti climatici<span class=\"_ _0\"></span>: rischi fisici<span class=\"_ _0\"></span> </span></span>I cambiamenti climatici po<span class=\"_ _0\"></span>ssono prod<span class=\"_ _0\"></span>urre effetti sistemici che influis<span class=\"_ _0\"></span>cono negativamente <span class=\"_ _0\"></span>sulle attivit\u00e0 <span class=\"_ _0\"></span>economiche. <span class=\"_ _3\"></span> I <span class=\"_ _9\"> </span>rischi <span class=\"_ _5\"></span>fisici <span class=\"_ _9\"> </span>possono <span class=\"_ _9\"> </span>essere <span class=\"_ _9\"> </span>\"acuti\u201d, <span class=\"_ _9\"> </span>se <span class=\"_ _5\"></span>causati <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>eventi <span class=\"_ _9\"> </span>estremi <span class=\"_ _5\"> </span>qu<span class=\"_ _0\"></span>ali <span class=\"_ _9\"> </span>siccit\u00e0, <span class=\"_ _5\"></span>alluvion<span class=\"_ _0\"></span>i <span class=\"_ _5\"> </span>e <span class=\"_ _9\"> </span>tempeste, <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>\u201ccronici\u201d <span class=\"_ _9\"> </span>se <span class=\"_ _5\"> </span>pr<span class=\"_ _0\"></span>ov<span class=\"_ _3\"></span><span class=\"ff4\">ocati <span class=\"_ _9\"> </span>da </span>mutamenti progressivi qua<span class=\"_ _0\"></span>li aumento de<span class=\"_ _0\"></span>lle temperature, innalzam<span class=\"_ _0\"></span>ento del livello del mare, str<span class=\"_ _0\"></span>ess idrico e scarsit\u00e0 d<span class=\"_ _0\"></span>i riso<span class=\"_ _0\"></span>rse. <span class=\"_ _0\"></span> Il <span class=\"_ _0\"></span>Gruppo <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>esposto<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>verificarsi <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>mi <span class=\"_ _0\"></span>operativi<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>meteo <span class=\"_ _3\"></span>estremi <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>danno<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>infrastrutt<span class=\"_ _0\"></span>ure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ser<span class=\"_ _0\"></span>vizio, <span class=\"_ _4\"></span>stabi<span class=\"_ _0\"></span>limenti, impianti <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>macchinari, <span class=\"_ _9\"> </span>causando <span class=\"_ _9\"> </span>aum<span class=\"_ _0\"></span>enti <span class=\"_ _9\"> </span>nei <span class=\"_ _9\"> </span>costi <span class=\"_ _9\"> </span>operativi <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>riparazioni <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>manutenzione, <span class=\"_ _7\"> </span>oltre <span class=\"_ _9\"> </span>che <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>i <span class=\"_ _9\"> </span>fermi <span class=\"_ _9\"> </span>o <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>itardi <span class=\"_ _9\"> </span>nelle operazioni, comprom<span class=\"_ _0\"></span>ettendo la continu<span class=\"_ _0\"></span>it\u00e0 del business e influend<span class=\"_ _0\"></span>o negativamen<span class=\"_ _0\"></span>te sulla reputazione <span class=\"_ _0\"></span>e sulla redditivit\u00e0 dell'az<span class=\"_ _3\"></span>ienda. <span class=\"_ _0\"></span> Fenomeni come <span class=\"_ _2\"></span>piogge torrenziali e <span class=\"_ _8\"></span>alluvioni possono invece <span class=\"_ _2\"></span>comprometter<span class=\"_ _0\"></span>e la <span class=\"_ _8\"></span>salubr<span class=\"_ _0\"></span>it\u00e0 delle <span class=\"_ _8\"></span>acque<span class=\"_ _0\"></span> utilizzate <span class=\"_ _8\"></span>nei processi produttivo<span class=\"_ _0\"></span>, arrecando un aum<span class=\"_ _0\"></span>ento dei costi per la depur<span class=\"_ _0\"></span>azione. Il Gruppo \u00e8 <span class=\"_ _0\"></span>consapevole dei po<span class=\"_ _0\"></span>ssibili impatti<span class=\"_ _0\"></span> dei cam<span class=\"_ _0\"></span>biamenti clima<span class=\"_ _0\"></span>tici in atto sia<span class=\"_ _0\"></span> sulle infr<span class=\"_ _0\"></span>astrutture, <span class=\"_ _0\"></span>causati da eventi cata<span class=\"_ _0\"></span>strofic<span class=\"_ _3\"></span>i, sia relativamente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>possibile <span class=\"_ _3\"></span>aumen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>consum<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>dell'aumento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>temperatu<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sta <span class=\"_ _3\"></span>aggiornando <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>speci<span class=\"_ _3\"></span>fica<span class=\"_ _0\"></span> valutazione dei rischi in qu<span class=\"_ _0\"></span>esto senso. Il Gr<span class=\"_ _0\"></span>uppo ha inoltre attivato <span class=\"_ _0\"></span>coper<span class=\"_ _0\"></span>ture assicurative per \"rischi c<span class=\"_ _0\"></span>atastrofali\". Per q<span class=\"_ _3\"></span>uanto riguarda<span class=\"_ _0\"></span> la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>dei <span class=\"_ _2\"></span>\"rischi di <span class=\"_ _8\"></span>transizion<span class=\"_ _0\"></span>e\" <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>gruppo <span class=\"_ _2\"></span>aggiorna costantemente le <span class=\"_ _8\"></span>proprie conoscenze <span class=\"_ _8\"></span>e competenze, <span class=\"_ _2\"></span>an<span class=\"_ _0\"></span>che grazie <span class=\"_ _8\"></span>all'ades<span class=\"_ _0\"></span>ione a Farmindustr<span class=\"_ _0\"></span>ia, per l'adeguamen<span class=\"_ _0\"></span>to delle proprie pr<span class=\"_ _0\"></span>estazioni energetiche<span class=\"_ _0\"></span> ai migliori standard inter<span class=\"_ _0\"></span>nazionali.<span class=\"_ _0\"></span> Il <span class=\"_ _3\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>ha <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>prop<span class=\"_ _0\"></span>rio <span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>ganico <span class=\"_ _4\"></span>uno <span class=\"_ _3\"></span>specifico <span class=\"_ _4\"></span>team <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>lavoro, <span class=\"_ _4\"></span>coordinato <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>un <span class=\"_ _4\"></span>Energy <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>anager, <span class=\"_ _4\"></span>incaricato <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>porre <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>esser<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>le<span class=\"_ _0\"></span> opportune misure per<span class=\"_ _0\"></span> incrementare l'efficienza<span class=\"_ _0\"></span> energetica di tutti <span class=\"_ _0\"></span>i siti del gruppo. Per <span class=\"_ _2\"></span>quanto <span class=\"_ _2\"></span>riguarda gli <span class=\"_ _8\"></span>imp<span class=\"_ _0\"></span>atti <span class=\"_ _2\"></span>del climate <span class=\"_ _8\"></span>change sulle <span class=\"_ _2\"></span>risorse idriche, <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>costantemente in <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>so attivit\u00e0 <span class=\"_ _8\"></span>per permettere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>riduzione<span class=\"_ _75\"> </span>dei consumi idrici e una task force interna si riunisce periodicamente per monitorare i miglioramenti e l\u2019efficac<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span><span class=\"ff4\">elle misure messe in<span class=\"_ _75\"> </span></span>atto.<span class=\"_ _75\"> </span>1.7.14<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i ai cambiamenti climatici<span class=\"_ _0\"></span>: rischi di transizion<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span></span>I r<span class=\"_ _0\"></span>ischi di <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ansizione <span class=\"_ _0\"></span>indicano <span class=\"_ _0\"></span>la perdita <span class=\"_ _0\"></span>finanziar<span class=\"_ _0\"></span>ia <span class=\"_ _0\"></span>determinata <span class=\"_ _0\"></span>dal <span class=\"_ _0\"></span>processo <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>trasformazione <span class=\"_ _0\"></span>dell'attuale <span class=\"_ _0\"></span>mod<span class=\"_ _0\"></span>ello <span class=\"_ _0\"></span>econo<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ico ver<span class=\"_ _0\"></span>so<span class=\"_ _75\"> </span>un\u2019economia <span class=\"_ _9\"> </span>a <span class=\"_ _5\"></span>basse <span class=\"_ _9\"> </span>emissioni <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>carbonio <span class=\"_ _9\"> </span>e <span class=\"_ _5\"> </span>pi\u00f9 <span class=\"_ _9\"> </span>sostenibile<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sot<span class=\"_ _0\"></span>to <span class=\"_ _5\"></span>il <span class=\"_ _9\"> </span>profilo <span class=\"_ _5\"> </span>am<span class=\"_ _0\"></span>bientale. <span class=\"_ _5\"></span>Tale<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>situ<span class=\"_ _0\"></span>azione <span class=\"_ _5\"> </span>\u00e8 <span class=\"_ _9\"> </span>causata, <span class=\"_ _9\"> </span>ad <span class=\"_ _5\"></span>e<span class=\"_ _4\"></span><span class=\"ff4\">sempio,<span class=\"_ _75\"> </span></span>dall\u2019adozione di <span class=\"_ _0\"></span>Direttive e <span class=\"_ _0\"></span>Regolam<span class=\"_ _0\"></span>enti a <span class=\"_ _0\"></span>tutela del <span class=\"_ _0\"></span>clima, dal <span class=\"_ _0\"></span>progresso tecnolog<span class=\"_ _0\"></span>ico o <span class=\"_ _0\"></span>dal mutare d<span class=\"_ _0\"></span>ella fiducia <span class=\"_ _0\"></span>e delle <span class=\"_ _0\"></span>pre<span class=\"_ _3\"></span><span class=\"ff4\">ferenze dei<span class=\"_ _75\"> </span></span>mercati.<span class=\"_ _75\"> </span>L'assenza <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>investim<span class=\"_ _0\"></span>enti <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>rid<span class=\"_ _0\"></span>urre <span class=\"_ _4\"></span>l\u2019impatto <span class=\"_ _4\"></span>sul <span class=\"_ _4\"></span>cl<span class=\"_ _0\"></span>ima <span class=\"_ _4\"></span>attravers<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>riduzione <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>consumi <span class=\"_ _4\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _4\"></span>pu\u00f2 <span class=\"_ _4\"></span>com<span class=\"_ _0\"></span>portare <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>im<span class=\"_ _4\"></span><span class=\"ff4\">patto<span class=\"_ _75\"> </span></span>negativo sul <span class=\"_ _0\"></span>conto econo<span class=\"_ _0\"></span>mico <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo per <span class=\"_ _0\"></span>gli aum<span class=\"_ _0\"></span>enti dei <span class=\"_ _0\"></span>costi <span class=\"_ _0\"></span>operativi e <span class=\"_ _0\"></span>per l'espo<span class=\"_ _0\"></span>sizione a <span class=\"_ _0\"></span>fluttua<span class=\"_ _0\"></span>zioni dei <span class=\"_ _0\"></span>prezzi del<span class=\"_ _4\"></span><span class=\"ff6\">l\u2019energia e<span class=\"_ _75\"> </span></span>a eventuali interventi regolat<span class=\"_ _0\"></span>ori mirati ad e<span class=\"_ _0\"></span>sempio ad introdurre im<span class=\"_ _0\"></span>poste sulle emissioni di car<span class=\"_ _0\"></span>bonio. La <span class=\"_ _4\"></span>scarsa <span class=\"_ _4\"></span>disponibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>a<span class=\"_ _0\"></span>cqua <span class=\"_ _5\"></span>per <span class=\"_ _4\"></span>uso <span class=\"_ _4\"></span>industriale <span class=\"_ _5\"></span>in <span class=\"_ _4\"></span>seguito <span class=\"_ _4\"></span>a <span class=\"_ _5\"></span>periodi <span class=\"_ _4\"></span>prolungati <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>siccit\u00e0 <span class=\"_ _4\"></span>pu\u00f2 <span class=\"_ _4\"></span>ino<span class=\"_ _0\"></span>ltre <span class=\"_ _4\"></span>comprometter<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>l'e<span class=\"_ _3\"></span>fficienza<span class=\"_ _75\"> </span>produttiva, <span class=\"_ _0\"></span>cos\u00ec <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>l\u2019approvv<span class=\"_ _0\"></span>igionamento <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>prime <span class=\"_ _0\"></span>pu\u00f2 <span class=\"_ _0\"></span>risultare <span class=\"_ _0\"></span>pi\u00f9 <span class=\"_ _0\"></span>difficoltoso <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>causa <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>verificarsi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>fen<span class=\"_ _3\"></span><span class=\"ff4\">omeni <span class=\"_ _0\"></span>climat<span class=\"_ _0\"></span>ici<span class=\"_ _75\"> </span></span>estremi che possono compo<span class=\"_ _0\"></span>rtare l\u2019interruzione tota<span class=\"_ _0\"></span>le o parziale della caten<span class=\"_ _0\"></span>a di fornitura.<span class=\"_ _75\"> </span>Il Gruppo \u00e8 <span class=\"_ _0\"></span>consapevole dei po<span class=\"_ _0\"></span>ssibili impatti<span class=\"_ _0\"></span> dei cam<span class=\"_ _0\"></span>biamenti clima<span class=\"_ _0\"></span>tici in atto sia<span class=\"_ _0\"></span> sulle infr<span class=\"_ _0\"></span>astrutture, <span class=\"_ _0\"></span>causati da eventi cata<span class=\"_ _0\"></span>strofic<span class=\"_ _3\"></span>i, sia<span class=\"_ _75\"> </span>relativamente <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>possibile <span class=\"_ _3\"></span>aumen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>consum<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ener<span class=\"_ _0\"></span>getici <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>dell'aumento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>temperatu<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sta <span class=\"_ _3\"></span>aggiornando <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>speci<span class=\"_ _3\"></span>fica<span class=\"_ _75\"> </span>valutazione dei rischi in qu<span class=\"_ _0\"></span>esto senso. Il Gr<span class=\"_ _0\"></span>uppo ha inoltre attivato <span class=\"_ _0\"></span>coper<span class=\"_ _0\"></span>ture assicurative per \"rischi c<span class=\"_ _0\"></span>atastrofali\". Per q<span class=\"_ _3\"></span>uanto riguarda<span class=\"_ _75\"> </span>la <span class=\"_ _2\"></span>gestione <span class=\"_ _2\"></span>dei <span class=\"_ _2\"></span>\"rischi di <span class=\"_ _8\"></span>transizion<span class=\"_ _0\"></span>e\" <span class=\"_ _2\"></span>il <span class=\"_ _2\"></span>gruppo <span class=\"_ _2\"></span>aggiorna costantemente le <span class=\"_ _8\"></span>proprie conoscenze <span class=\"_ _8\"></span>e comp<span class=\"_ _0\"></span>etenze, <span class=\"_ _2\"></span>anche grazie <span class=\"_ _8\"></span>all'ades<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span>a Farmindustr<span class=\"_ _0\"></span>ia, per l'adeguamen<span class=\"_ _0\"></span>to delle proprie<span class=\"_ _0\"></span> prestazioni energetiche<span class=\"_ _0\"></span> ai migliori standard inter<span class=\"_ _0\"></span>nazionali.<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _4\"></span>proprio <span class=\"_ _4\"></span>organico <span class=\"_ _4\"></span>uno <span class=\"_ _4\"></span>specifico <span class=\"_ _4\"></span>team <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>lavoro, <span class=\"_ _4\"></span>coordinato <span class=\"_ _4\"></span>da <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>Energy <span class=\"_ _3\"></span>m<span class=\"_ _0\"></span>anager <span class=\"_ _4\"></span>incaricato <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>porre <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>essere<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>le<span class=\"_ _75\"> </span>opportune misure per<span class=\"_ _0\"></span> incrementare l'efficienza<span class=\"_ _0\"></span> energetica di tutti <span class=\"_ _0\"></span>i siti del gruppo. Per <span class=\"_ _2\"></span>quanto <span class=\"_ _2\"></span>riguarda gli <span class=\"_ _8\"></span>imp<span class=\"_ _0\"></span>atti <span class=\"_ _2\"></span>del climate <span class=\"_ _8\"></span>change sulle <span class=\"_ _2\"></span>risorse idriche, <span class=\"_ _2\"></span>sono <span class=\"_ _2\"></span>costantemente in <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>so attivit\u00e0 <span class=\"_ _8\"></span>per permettere<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>la <span class=\"_ _2\"></span>riduzione<span class=\"_ _75\"> </span>dei consumi idrici e una task force interna si riunisce periodicamente per monitorare i miglioramenti e l\u2019efficac<span class=\"_ _0\"></span>ia d<span class=\"_ _0\"></span><span class=\"ff4\">elle misure messe in<span class=\"_ _75\"> </span></span>atto.<span class=\"_ _75\"> </span>1.7.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio rela<span class=\"_ _0\"></span>tivo al costo dell<span class=\"_ _0\"></span>'energia<span class=\"_ _75\"> </span></span></span>Il costo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019energia <span class=\"_ _0\"></span>risulta <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>elevato <span class=\"_ _0\"></span>rispetto <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>storico, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>alta <span class=\"_ _0\"></span>volatilit\u00e0 <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>prezzi. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>fornitura <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>energ<span class=\"_ _3\"></span><span class=\"ff4\">ia disponibile <span class=\"_ _0\"></span>per<span class=\"_ _75\"> </span></span>il mer<span class=\"_ _0\"></span>cato <span class=\"_ _0\"></span>europeo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>nch\u00e9 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>stock <span class=\"_ _0\"></span>energe<span class=\"_ _0\"></span>tici <span class=\"_ _0\"></span>interni <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>motivi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>stima <span class=\"_ _0\"></span>degli <span class=\"_ _3\"></span>impatti <span class=\"_ _0\"></span>negativi <span class=\"_ _0\"></span>sul<span class=\"_ _4\"></span>la situa<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>economica,<span class=\"_ _75\"> </span>finanziaria <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Gruppo, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>probabilit\u00e0 <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>essi <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>verifichino,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>possano <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gradua<span class=\"_ _0\"></span>lmente <span class=\"_ _0\"></span>ridotti. <span class=\"_ _3\"></span>Al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span>predisposizione <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>presente <span class=\"_ _4\"></span>documento, <span class=\"_ _4\"></span>non <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>possono <span class=\"_ _3\"></span>ancora <span class=\"_ _4\"></span>stimare <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>possibili <span class=\"_ _3\"></span>impatti <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>b<span class=\"_ _3\"></span>usiness <span class=\"_ _3\"></span>derivanti <span class=\"_ _4\"></span>dai <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ecenti <span class=\"_ _3\"></span>eventi<span class=\"_ _75\"> </span>intercorsi in Medioriente tr<span class=\"_ _0\"></span>a le fine di febbr<span class=\"_ _0\"></span>aio e marzo 2026<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>ha <span class=\"_ _2\"></span>integrato <span class=\"_ _2\"></span>nel <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _2\"></span>organico <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>tea<span class=\"_ _0\"></span>m <span class=\"_ _8\"></span>coordina<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>da <span class=\"_ _2\"></span>un energy <span class=\"_ _8\"></span>manager <span class=\"_ _2\"></span>incaricato <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitorare <span class=\"_ _2\"></span>l'andamento <span class=\"_ _2\"></span>del mercato<span class=\"_ _75\"> </span>energetico <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>inimizzare<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l'impatto <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _5\"></span>dell'energia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>porr<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>opportun<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>misure <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>increm<span class=\"_ _4\"></span>entare<span class=\"_ _75\"> </span>l'efficienza energetica<span class=\"_ _0\"></span> dei siti pro<span class=\"_ _0\"></span>duttivi.  A tal prop<span class=\"_ _0\"></span>osito Fine Foo<span class=\"_ _0\"></span>ds ha installato<span class=\"_ _0\"></span> due cogenerato<span class=\"_ _0\"></span>ri per l'auto p<span class=\"_ _0\"></span>roduzione<span class=\"_ _3\"></span> di elettricit\u00e0 a<span class=\"_ _75\"> </span>partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>combustione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gas, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>azie <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>quali <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>eliminato <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sua <span class=\"_ _3\"></span>esposizione <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>fluttu<span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>componente <span class=\"_ _3\"></span>energia<span class=\"_ _75\"> </span>elettrica <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>ottimizzato <span class=\"_ _0\"></span>l'uso <span class=\"_ _0\"></span>efficiente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>calore <span class=\"_ _0\"></span>sviluppato <span class=\"_ _0\"></span>grazie <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>cogenerazion<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Inoltre, <span class=\"_ _3\"></span>presso <span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>stabilimenti <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>presenti<span class=\"_ _75\"> </span>altrettanti <span class=\"_ _0\"></span>impianti <span class=\"_ _3\"></span>fotovoltaici <span class=\"_ _3\"></span>complessivamen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>850<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Kw <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enza <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>coprire <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fabbisogno <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergetico <span class=\"_ _4\"></span>tramite <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span>produzione di energia elet<span class=\"_ _0\"></span>trica da fonti r<span class=\"_ _0\"></span>innovabili (pari a circa l'11,<span class=\"_ _0\"></span>8% dei consumi di ener<span class=\"_ _0\"></span>gia elettrica del Gr<span class=\"_ _0\"></span>uppo nel 20<span class=\"_ _3\"></span><span class=\"ls3\">25)</span>. Infine, <span class=\"_ _8\"></span>il Gruppo mitiga il <span class=\"_ _8\"></span>rischio a breve <span class=\"_ _2\"></span>termine anche <span class=\"_ _2\"></span>tramite l'acquisto di <span class=\"_ _2\"></span>contratti con <span class=\"_ _2\"></span>prezzi fissati come <span class=\"_ _2\"></span>strumento di hedging sulle<span class=\"_ _75\"> </span>fluttuazioni del costo var<span class=\"_ _0\"></span>iabile del mercato<span class=\"_ _0\"></span> del gas naturale.<span class=\"_ _75\"> </span>1.7.16<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _3\"></span>leg<span class=\"_ _0\"></span>ale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>eputazionale <span class=\"_ _3\"></span>der<span class=\"_ _0\"></span>ivante <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>gestione <span class=\"_ _4\"></span>scorretta <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>sostan<span class=\"_ _0\"></span>ze <span class=\"_ _3\"></span>chimiche<span class=\"_ _75\"> </span></span></span>preoccup<span class=\"_ _0\"></span>anti<span class=\"_ _75\"> </span>Il <span class=\"_ _4\"></span>superamento <span class=\"_ _4\"></span>dei <span class=\"_ _4\"></span>limiti <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>inqu<span class=\"_ _0\"></span>inamento <span class=\"_ _4\"></span>o <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>gestione <span class=\"_ _4\"></span>inadeguat<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>sosta<span class=\"_ _0\"></span>nze <span class=\"_ _4\"></span>chimiche <span class=\"_ _4\"></span>pericolos<span class=\"_ _0\"></span>e, <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>nno <span class=\"_ _4\"></span>effetti <span class=\"_ _4\"></span>cronici<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>sulla<span class=\"_ _75\"> </span>salute umana o sull'ambiente (come elencato nella lista delle sostanze candidate in REACH e nell'Allegato VI del Regolamento<span class=\"_ _0\"></span> CLP),<span class=\"_ _75\"> </span>pu\u00f2 <span class=\"_ _5\"></span>comportare <span class=\"_ _9\"> </span>non <span class=\"_ _4\"></span>solo <span class=\"_ _5\"></span>multe <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>restrizioni <span class=\"_ _5\"></span>oper<span class=\"_ _0\"></span>ative, <span class=\"_ _5\"></span>ma <span class=\"_ _5\"></span>anche <span class=\"_ _5\"></span>danni <span class=\"_ _5\"></span>all'immagine <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>F<span class=\"_ _0\"></span>ineFoods. <span class=\"_ _5\"></span>Inoltre, <span class=\"_ _5\"></span>l'uso <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>sostanze<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>c<span class=\"_ _3\"></span>he<span class=\"_ _75\"> </span>ostacolano <span class=\"_ _8\"></span>il<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>iciclo <span class=\"_ _8\"></span>di materiali <span class=\"_ _8\"></span>se<span class=\"_ _0\"></span>condari <span class=\"_ _8\"></span>sicuri e <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>alta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>alit\u00e0, <span class=\"_ _8\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>le sostanze <span class=\"_ _8\"></span>pi\u00f9 <span class=\"_ _2\"></span>nocive <span class=\"_ _2\"></span>elencate <span class=\"_ _2\"></span>nell'<span class=\"_ _0\"></span>ECHA, <span class=\"_ _8\"></span>pu\u00f2 ulter<span class=\"_ _0\"></span>iormente <span class=\"_ _2\"></span>esporre<span class=\"_ _75\"> </span>l'azienda <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>rischi <span class=\"_ _9\"> </span>legali <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>reputa<span class=\"_ _0\"></span>zionali. <span class=\"_ _9\"> </span>Questo <span class=\"_ _9\"> </span>ris<span class=\"_ _0\"></span>chio <span class=\"_ _9\"> </span>pu\u00f2 <span class=\"_ _9\"> </span>esse<span class=\"_ _0\"></span>re <span class=\"_ _9\"> </span>generato<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>sia <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>impatti <span class=\"_ _9\"> </span>diretti <span class=\"_ _9\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _9\"> </span>attivit\u00e0 <span class=\"_ _9\"> </span>aziendali<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>da<span class=\"_ _75\"> </span>dipendenze normative.<span class=\"_ _75\"> </span>Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dispone <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>robusto<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>sistema <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>gestione <span class=\"_ _2\"></span>degli <span class=\"_ _2\"></span>standard <span class=\"_ _8\"></span>di salute <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>sicurezza dei <span class=\"_ _8\"></span>lavoratori <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>ela <span class=\"_ _8\"></span>ambien<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>e <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _8\"></span>contesto<span class=\"_ _75\"> </span> in <span class=\"_ _8\"></span>cui <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _8\"></span>op<span class=\"_ _0\"></span>era. <span class=\"_ _8\"></span>Inoltre, <span class=\"_ _8\"></span>\u00e8 in <span class=\"_ _8\"></span>possesso <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>cer<span class=\"_ _0\"></span>tificazioni <span class=\"_ _8\"></span>qual<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>la <span class=\"_ _8\"></span>I<span class=\"_ _0\"></span>SO45001:2018 <span class=\"_ _8\"></span>(<span class=\"_ _0\"></span>S&amp;SL) <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>I<span class=\"_ _0\"></span>SO14001:20<span class=\"_ _0\"></span>15 <span class=\"_ _8\"></span>(ambi<span class=\"_ _0\"></span>ente)<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>che <span class=\"_ _8\"></span>attestano<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> la cor<span class=\"_ _0\"></span>retta <span class=\"_ _0\"></span>strutturazione <span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>applicazione <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>stesso<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>sogge<span class=\"_ _0\"></span>tto <span class=\"_ _0\"></span>annualmente <span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span> au<span class=\"_ _0\"></span>dit <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>parte <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>certificati <span class=\"_ _4\"></span>e, <span class=\"_ _0\"></span>sempre<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> annualmente, vengono effettuati audit interni.<span class=\"_ _0\"></span> L'obiettivo del Gruppo \u00e8 <span class=\"_ _2\"></span>di estendere le certificazioni ISO sopracitate per la totalit\u00e0 degli<span class=\"_ _75\"> </span> stabilimenti <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>Gruppo <span class=\"_ _4\"></span>(ad <span class=\"_ _3\"></span>og<span class=\"_ _0\"></span>gi, <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>sito <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Trenzano <span class=\"_ _4\"></span>non <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>certificato, <span class=\"_ _3\"></span>pu<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>applicando <span class=\"_ _4\"></span>Sistemi <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>Gestione <span class=\"_ _4\"></span>ambientale <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>s<span class=\"_ _0\"></span>alute <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span> sicurezza conformi agli Standard ISO). Infine, il Gruppo mitiga il rischio a breve termine anche <span class=\"_ _2\"></span>tramit<span class=\"_ _0\"></span>e l'acquisto di contratti con <span class=\"_ _2\"></span>prezzi<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> fissati come strumento di hed<span class=\"_ _0\"></span>ging sulle fluttuazioni de<span class=\"_ _0\"></span>l costo variabi<span class=\"_ _0\"></span>le del mercato del gas natur<span class=\"_ _0\"></span>ale.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.7.17<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio op<span class=\"_ _0\"></span>erativo legato al<span class=\"_ _0\"></span>la scarsit\u00e0 di mat<span class=\"_ _0\"></span>erie prime vergini<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Rischio <span class=\"_ _0\"></span>operativo <span class=\"_ _3\"></span>legato <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>scarsit\u00e0 <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>materie <span class=\"_ _3\"></span>prime <span class=\"_ _0\"></span>vergini, <span class=\"_ _3\"></span>come <span class=\"_ _0\"></span>olio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>palma, <span class=\"_ _3\"></span>caff\u00e8 <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>var<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>estratti <span class=\"_ _3\"></span>naturali, <span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>pu\u00f2 <span class=\"_ _4\"></span>portare <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>un<span class=\"_ _75\"> </span> aumento de<span class=\"_ _0\"></span>i costi op<span class=\"_ _0\"></span>erativi <span class=\"_ _0\"></span>per Fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span> Foods <span class=\"_ _0\"></span>a causa <span class=\"_ _0\"></span>della <span class=\"_ _0\"></span>competizion<span class=\"_ _0\"></span>e per <span class=\"_ _0\"></span>l'approvvigionamento. <span class=\"_ _0\"></span>Po<span class=\"_ _0\"></span>ich\u00e9 questi <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>sono sogge<span class=\"_ _0\"></span>tti a<span class=\"_ _75\"> </span> regolamentazioni <span class=\"_ _0\"></span>pi\u00f9 stringenti, <span class=\"_ _0\"></span>la lor<span class=\"_ _0\"></span>o disponibilit\u00e0 <span class=\"_ _0\"></span>limitata e <span class=\"_ _0\"></span>il cons<span class=\"_ _0\"></span>eguente au<span class=\"_ _0\"></span>mento dei <span class=\"_ _0\"></span>costi possono<span class=\"_ _0\"></span> influenzare <span class=\"_ _0\"></span>negati<span class=\"_ _3\"></span>vamente <span class=\"_ _0\"></span>la<span class=\"_ _75\"> </span> continuit\u00e0 produttiva e la<span class=\"_ _0\"></span> redditivit\u00e0 dell'aziend<span class=\"_ _0\"></span>a.<span class=\"_ _75\"> </span> Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rmalmente <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>possibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>adeguare <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>prezzi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>vendita <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aumenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>materie<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prime. <span class=\"_ _4\"></span>L'<span class=\"_ _0\"></span>uff<span class=\"_ _0\"></span>icio<span class=\"_ _75\"> </span> acquisti <span class=\"_ _5\"></span>informa <span class=\"_ _5\"></span>l'uff<span class=\"_ _0\"></span>icio <span class=\"_ _5\"></span>commerciale <span class=\"_ _9\"> </span>dell'incremento <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>prezzo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>materia <span class=\"_ _5\"></span>prima, <span class=\"_ _9\"> </span>l'ufficio <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>merciale <span class=\"_ _5\"></span>valuta <span class=\"_ _5\"></span>l'imp<span class=\"_ _0\"></span>at<span class=\"_ _3\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ta<span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span> incremento sul pricing dei pr<span class=\"_ _0\"></span>odotti che includono t<span class=\"_ _0\"></span>ale materia prima<span class=\"_ _0\"></span> e lo condivide con i<span class=\"_ _0\"></span>l cliente.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gruppo mantiene un live<span class=\"_ _0\"></span>llo di giacenze r<span class=\"_ _0\"></span>elativo a materie prime d<span class=\"_ _0\"></span>i uso continuativo<span class=\"_ _0\"></span> tale da sopperir<span class=\"_ _0\"></span>e ad un'improvvisa m<span class=\"_ _0\"></span>an<span class=\"_ _3\"></span>canza di<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> materiali <span class=\"_ _0\"></span>sul <span class=\"_ _0\"></span>mercato. <span class=\"_ _3\"></span>Anche <span class=\"_ _0\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>preve<span class=\"_ _0\"></span>nire <span class=\"_ _0\"></span>eventuali <span class=\"_ _0\"></span>impatti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>medi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>-lungo <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mine <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>ambito, <span class=\"_ _0\"></span>il<span class=\"_ _75\"> </span> Gruppo <span class=\"_ _4\"></span>valute<span class=\"_ _0\"></span>r\u00e0 <span class=\"_ _4\"></span>nel <span class=\"_ _5\"></span>corso <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>2026 <span class=\"_ _4\"></span>l'implementazione <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>eventuali <span class=\"_ _4\"></span>ap<span class=\"_ _0\"></span>plicativi <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>analisi <span class=\"_ _4\"></span>per <span class=\"_ _5\"></span>valutare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>categorie <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>materie<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>prime<span class=\"_ _75\"> </span> maggiormente <span class=\"_ _0\"></span>soggette a tale rischio, col fine di ado<span class=\"_ _0\"></span>ttare eventual<span class=\"_ _0\"></span>i ulteriori azioni mitigato<span class=\"_ _0\"></span>rie pro futu<span class=\"_ _3\"></span>ro.<span class=\"_ _75\"> </span> 1.7.18<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio eco<span class=\"_ _0\"></span>nomico e reputazionale d<span class=\"_ _0\"></span>erivante da infortuni e inciden<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>Eventuali <span class=\"_ _9\"> </span>inc<span class=\"_ _0\"></span>identi <span class=\"_ _7\"> </span>che <span class=\"_ _9\"> </span>coinvo<span class=\"_ _0\"></span>lgon<span class=\"_ _0\"></span>o <span class=\"_ _7\"> </span>i <span class=\"_ _9\"> </span>dipendenti  possono <span class=\"_ _9\"> </span>causare  sospensioni <span class=\"_ _9\"> </span>delle <span class=\"_ _7\"> </span>operazioni  aziendali <span class=\"_ _9\"> </span>e <span class=\"_ _7\"> </span>danni <span class=\"_ _9\"> </span>rep<span class=\"_ _0\"></span>utazionali<span class=\"_ _3\"></span><span class=\"lsa\">,<span class=\"_ _75\"> </span></span><span class=\"lsa\"> </span>rallentando <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"></span>operative. Se <span class=\"_ _8\"></span>tali <span class=\"_ _8\"></span>incidenti <span class=\"_ _8\"></span>compromett<span class=\"_ _0\"></span>essero <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>salute <span class=\"_ _8\"></span>e la <span class=\"_ _d\"></span>sicurez<span class=\"_ _0\"></span>za <span class=\"_ _8\"></span>dei <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>ipende<span class=\"_ _0\"></span>nti, <span class=\"_ _8\"></span>potrebbero <span class=\"_ _2\"></span>der<span class=\"_ _0\"></span>ivarne <span class=\"_ _2\"></span>reclami,<span class=\"_ _75\"> </span> risarcimenti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>sanzioni <span class=\"_ _4\"></span>legali <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>man<span class=\"_ _0\"></span>cato <span class=\"_ _3\"></span>rispett<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>normative <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>modelli <span class=\"_ _3\"></span>organizzativi <span class=\"_ _4\"></span>(MOG <span class=\"_ _4\"></span>231). <span class=\"_ _3\"></span>Ino<span class=\"_ _0\"></span>ltre, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>amb<span class=\"_ _3\"></span>iente <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span> lavoro <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _3\"></span>sicuro <span class=\"_ _4\"></span>potrebbe <span class=\"_ _4\"></span>ridurre <span class=\"_ _3\"></span>l'attrattivit\u00e0 <span class=\"_ _4\"></span>dell'azienda <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>finanziatori <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>diminuir<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _4\"></span>motivazione <span class=\"_ _4\"></span>d<span class=\"_ _0\"></span>ei <span class=\"_ _4\"></span>lavoratori, <span class=\"_ _3\"></span>aumentan<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>i<span class=\"_ _75\"> </span> tassi di turnover.<span class=\"_ _75\"> </span> Per <span class=\"_ _0\"></span>affr<span class=\"_ _0\"></span>ontare <span class=\"_ _3\"></span>tali <span class=\"_ _3\"></span>rischi, <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Grupp<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>dispone<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>obusto <span class=\"_ _3\"></span>sistema <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gestione <span class=\"_ _3\"></span>degl<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>standard <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>salute <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>sicurezza<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>vo<span class=\"_ _3\"></span>ratori <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span> tutela <span class=\"_ _9\"> </span>ambientale<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>con<span class=\"_ _0\"></span>testo <span class=\"_ _9\"> </span>in <span class=\"_ _7\"> </span>cui <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _7\"> </span>opera. <span class=\"_ _7\"> </span>Inoltre, <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>in <span class=\"_ _9\"> </span>possesso <span class=\"_ _7\"> </span>di <span class=\"_ _9\"> </span>certificazioni <span class=\"_ _7\"> </span>quali <span class=\"_ _9\"> </span>la <span class=\"_ _9\"> </span>ISO45001:2<span class=\"_ _0\"></span>018  (S&amp;SL) <span class=\"_ _9\"> </span>e<span class=\"_ _75\"> </span> ISO14001:2015 <span class=\"_ _0\"></span>(ambiente) <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>attesta<span class=\"_ _0\"></span>no <span class=\"_ _0\"></span>la cor<span class=\"_ _0\"></span>retta <span class=\"_ _0\"></span>strutturazione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>applicazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>sistema <span class=\"_ _0\"></span>stess<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>\u00e8 sog<span class=\"_ _0\"></span>getto <span class=\"_ _0\"></span>annualmente<span class=\"_ _3\"></span> <span class=\"_ _0\"></span><span class=\"ls19\">ad<span class=\"_ _75\"> </span></span><span class=\"ls19\"> </span>audit <span class=\"_ _5\"></span>da <span class=\"_ _5\"></span>parte <span class=\"_ _5\"> </span>di <span class=\"_ _5\"> </span>en<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>certificati <span class=\"_ _9\"> </span>e, <span class=\"_ _4\"></span>sem<span class=\"_ _0\"></span>pre <span class=\"_ _5\"></span>annualmente, <span class=\"_ _5\"> </span>ven<span class=\"_ _0\"></span>gono <span class=\"_ _5\"></span>effettua<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>audit <span class=\"_ _5\"></span>interni.<span class=\"_ _3\"></span> <span class=\"_ _5\"></span>L'obiettivo <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>este<span class=\"_ _0\"></span>ndere <span class=\"_ _5\"></span>le<span class=\"_ _75\"> </span> certificazioni <span class=\"_ _0\"></span>ISO sop<span class=\"_ _0\"></span>racitate <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>totalit\u00e0 <span class=\"_ _0\"></span>degli <span class=\"_ _0\"></span>stabilimenti <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>Gruppo <span class=\"_ _0\"></span>(ad <span class=\"_ _0\"></span>oggi, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>sito <span class=\"_ _0\"></span>di T<span class=\"_ _0\"></span>renzano non <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>certificato,<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>pur <span class=\"_ _0\"></span>applicando<span class=\"_ _75\"> </span> Sistemi di Gestione ambien<span class=\"_ _0\"></span>tale e di salute e sicur<span class=\"_ _0\"></span>ezza conformi ag<span class=\"_ _0\"></span>li Standard ISO).<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> 1.7.19<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi legat<span class=\"_ _0\"></span>i alla gestione del capitale<span class=\"_ _0\"></span> umano<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"><span class=\"_ _0\"></span> </span></span>La<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>cr<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>ce<span class=\"_ _8\"></span>nte<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>do<span class=\"_ _8\"></span>man<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span> del<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>mer<span class=\"_ _8\"></span>cato<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>l la<span class=\"_ _8\"></span>vor<span class=\"_ _2\"></span>o pe<span class=\"_ _8\"></span>r alc<span class=\"_ _2\"></span>un<span class=\"_ _8\"></span>i pro<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>te<span class=\"_ _2\"></span>cn<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>i e s<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>iz<span class=\"_ _8\"></span>zat<span class=\"_ _2\"></span>i re<span class=\"_ _8\"></span>nde<span class=\"_ _2\"></span> cer<span class=\"_ _8\"></span>ti pr<span class=\"_ _2\"></span>of<span class=\"_ _8\"></span>ili<span class=\"_ _2\"></span> mol<span class=\"_ _8\"></span>to ap<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>bili<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>e es<span class=\"_ _8\"></span>pon<span class=\"_ _2\"></span>e l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>end<span class=\"_ _8\"></span>a al<span class=\"_ _75\"> </span> ri<span class=\"_ _8\"></span>sch<span class=\"_ _8\"></span>io <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>tu<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>ov<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>gur<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>alt<span class=\"_ _8\"></span>ame<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>qua<span class=\"_ _8\"></span>lif<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ate<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> c<span class=\"_ _8\"></span>he <span class=\"_ _8\"></span>sca<span class=\"_ _2\"></span>rs<span class=\"_ _2\"></span>eg<span class=\"_ _8\"></span>gia<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span> m<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>cat<span class=\"_ _2\"></span>o.<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>La<span class=\"_ _8\"></span> m<span class=\"_ _2\"></span>anc<span class=\"_ _8\"></span>ata<span class=\"_ _8\"></span> c<span class=\"_ _2\"></span>ap<span class=\"_ _2\"></span>ac<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>\u00e0 <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>pl<span class=\"_ _8\"></span>em<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>nec<span class=\"_ _8\"></span>ess<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>ie<span class=\"_ _75\"> </span><span class=\"_ _2\"></span> pe<span class=\"_ _8\"></span>r g<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>cc<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>s<span class=\"_ _2\"></span>o i<span class=\"_ _8\"></span>l c<span class=\"_ _2\"></span>ap<span class=\"_ _8\"></span>ita<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span> um<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>pu<span class=\"_ _2\"></span>\u00f2 <span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>e u<span class=\"_ _2\"></span>n <span class=\"_ _2\"></span>im<span class=\"_ _8\"></span>pat<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>eg<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>o s<span class=\"_ _8\"></span>ul <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>eco<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>nan<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>o e<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>atr<span class=\"_ _2\"></span>im<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span>le<span class=\"_ _75\"> </span><span class=\"_ _8\"></span> P<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> af<span class=\"_ _2\"></span>fr<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>e t<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i r<span class=\"_ _8\"></span>isc<span class=\"_ _2\"></span>hi<span class=\"_ _2\"></span> \u00e8 n<span class=\"_ _2\"></span>ec<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>o a<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re n<span class=\"_ _2\"></span>uo<span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span> mo<span class=\"_ _2\"></span>del<span class=\"_ _8\"></span>li d<span class=\"_ _8\"></span>i bu<span class=\"_ _2\"></span>si<span class=\"_ _8\"></span>ness<span class=\"_ _8\"></span> pi\u00f9<span class=\"_ _2\"></span> in<span class=\"_ _2\"></span>cl<span class=\"_ _8\"></span>usi<span class=\"_ _2\"></span>vi<span class=\"_ _8\"></span>, po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e d<span class=\"_ _2\"></span>i v<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>izz<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e e<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>pr<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ne d<span class=\"_ _8\"></span>ei t<span class=\"_ _2\"></span>al<span class=\"_ _8\"></span>enti<span class=\"_ _8\"></span>. Pe<span class=\"_ _8\"></span>r<span class=\"_ _75\"> </span> qu<span class=\"_ _8\"></span>est<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>mo<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>vo<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>ie<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ha<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ado<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>pr<span class=\"_ _2\"></span>oc<span class=\"_ _2\"></span>ed<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>e <span class=\"_ _0\"></span>di ges<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _2\"></span>l <span class=\"_ _0\"></span>ca<span class=\"_ _2\"></span>pi<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>uma<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>in<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>gra<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>acc<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>pa<span class=\"_ _8\"></span>gna<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>la<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ris<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>lun<span class=\"_ _2\"></span>go<span class=\"_ _75\"> </span> l'<span class=\"_ _8\"></span>int<span class=\"_ _8\"></span>ero<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>cic<span class=\"_ _2\"></span>lo<span class=\"_ _8\"></span> d<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> i<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da,<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>pa<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>do<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>se<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span>, <span class=\"_ _8\"></span>all<span class=\"_ _8\"></span>'on<span class=\"_ _8\"></span>-b<span class=\"_ _2\"></span>oa<span class=\"_ _2\"></span>rd<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>g, <span class=\"_ _8\"></span>de<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>nen<span class=\"_ _8\"></span>do<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>rc<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>si <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>for<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>con<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>nu<span class=\"_ _2\"></span>a,<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>per<span class=\"_ _8\"></span>cor<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>c<span class=\"_ _2\"></span>res<span class=\"_ _8\"></span>cit<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>na<span class=\"_ _2\"></span>,<span class=\"_ _75\"> </span> mi<span class=\"_ _8\"></span>sur<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> w<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rk<span class=\"_ _2\"></span>-l<span class=\"_ _2\"></span>if<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>ba<span class=\"_ _8\"></span>lan<span class=\"_ _2\"></span>ce<span class=\"_ _8\"></span>, m<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>WH<span class=\"_ _2\"></span>P,<span class=\"_ _8\"></span> ol<span class=\"_ _2\"></span>tr<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>ad <span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>va<span class=\"_ _2\"></span>re<span class=\"_ _8\"></span> va<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>co<span class=\"_ _8\"></span>mun<span class=\"_ _8\"></span>icaz<span class=\"_ _8\"></span>ion<span class=\"_ _8\"></span>e i<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>na<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span> 1.7.20<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff19\">Rischi legat<span class=\"_ _0\"></span>i all\u2019avanzament<span class=\"_ _0\"></span>o di richieste di rimborso p<span class=\"_ _0\"></span>er differenze retribu<span class=\"_ _0\"></span>tive<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff19\"><span class=\"_ _0\"></span><span class=\"ff7\"> </span></span></span>Fine Foods sviluppa e pr<span class=\"_ _0\"></span>oduce per con<span class=\"_ _0\"></span>to terzi integratori alimenta<span class=\"_ _0\"></span>ri, prodotti nutraceutici e <span class=\"_ _0\"></span>farmaci ed o<span class=\"_ _0\"></span>ccupa pi\u00f9 di <span class=\"_ _0\"></span><span class=\"ls3\">700</span> dipe<span class=\"_ _0\"></span>ndenti ai<span class=\"_ _75\"> </span> quali <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>plicato <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>Ccnl <span class=\"_ _4\"></span>Alimentare <span class=\"_ _4\"></span>Industria. <span class=\"_ _4\"></span>I <span class=\"_ _4\"></span>lavoratori <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>operano <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>reparti <span class=\"_ _4\"></span>produttivi, <span class=\"_ _4\"></span>dopo <span class=\"_ _3\"></span>ave<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>timbrato <span class=\"_ _4\"></span>nei <span class=\"_ _4\"></span>torne<span class=\"_ _3\"></span>lli <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>rni,<span class=\"_ _75\"> </span> devono <span class=\"_ _3\"></span>raggiungere <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>spogliatoi <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>ivi <span class=\"_ _3\"></span>indossare <span class=\"_ _3\"></span>pantaloni, <span class=\"_ _3\"></span>casacc<span class=\"_ _0\"></span>a, <span class=\"_ _0\"></span>cuff<span class=\"_ _0\"></span>ietta, <span class=\"_ _0\"></span>scar<span class=\"_ _0\"></span>pe <span class=\"_ _3\"></span>ed, <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ntualmen<span class=\"_ _3\"></span>te, <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>copri <span class=\"_ _3\"></span>barba. <span class=\"_ _3\"></span>Una <span class=\"_ _3\"></span>volta<span class=\"_ _75\"> </span> indossati gli <span class=\"_ _8\"></span>indum<span class=\"_ _0\"></span>enti, i <span class=\"_ _8\"></span>lavorato<span class=\"_ _0\"></span>ri escono <span class=\"_ _2\"></span>dallo spogliatoio <span class=\"_ _2\"></span>ed effettuano la <span class=\"_ _2\"></span>timbratura d\u2019inizio <span class=\"_ _2\"></span>turn<span class=\"_ _0\"></span><span class=\"ff4\">o dopodich\u00e9 <span class=\"_ _2\"></span>si recano <span class=\"_ _2\"></span>in reparto <span class=\"_ _2\"></span>alla<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>propria postazione di lavoro; stesse <span class=\"_ _2\"></span>operazioni vengono poste in essere a fine <span class=\"_ _2\"></span>turno. Dagli ultimi mesi <span class=\"_ _2\"></span>del 2024, la Societ\u00e0 ha ricevuto<span class=\"_ _75\"> </span> talune <span class=\"_ _3\"></span>richieste <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>rimbor<span class=\"_ _0\"></span>so, <span class=\"_ _3\"></span>da <span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>arte, <span class=\"_ _3\"></span>principalmente, <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>personale<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>pi\u00f9 <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>forza <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>differen<span class=\"_ _0\"></span>ze <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>etributive <span class=\"_ _3\"></span>affere<span class=\"_ _3\"></span>nti <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>tempistiche<span class=\"_ _75\"> </span> necessarie <span class=\"_ _7\"> </span>per <span class=\"_ _7\"> </span>indossare <span class=\"_ _7\"> </span>e <span class=\"_ _9\"> </span>togl<span class=\"_ _0\"></span>iere, <span class=\"_ _7\"> </span>negli <span class=\"_ _7\"> </span>spogliatoi, <span class=\"_ _7\"> </span>l\u2019abbigliamento  aziendale; <span class=\"_ _9\"> </span>alcune <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>esse, <span class=\"_ _7\"> </span>in <span class=\"_ _7\"> </span>aggiunta, <span class=\"_ _7\"> </span>chiedono <span class=\"_ _9\"> </span>an<span class=\"_ _0\"></span>che<span class=\"_ _3\"></span><span class=\"ff4\"> <span class=\"_ _9\"> </span>il<span class=\"_ _75\"> </span></span><span class=\"ff4\"><span class=\"_ _0\"></span> </span>pagamento <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>differenze <span class=\"_ _3\"></span>retribut<span class=\"_ _0\"></span>ive <span class=\"_ _3\"></span>per <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>periodo <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>tempo <span class=\"_ _3\"></span>impieg<span class=\"_ _0\"></span>ato <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>percorrere <span class=\"_ _4\"></span>il <span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>agitto <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>tor<span class=\"_ _0\"></span>ne<span class=\"_ _3\"></span>lli <span class=\"_ _3\"></span>esterni <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>lo <span class=\"_ _4\"></span>spogliatoio <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> viceversa<span class=\"ls4\">. </span><span class=\"ff6\">In tale contesto, la Soc<span class=\"_ _0\"></span>iet\u00e0 \u00e8 giunta ad una co<span class=\"_ _0\"></span>nciliazione per tutte<span class=\"_ _0\"></span> le vertenze gi\u00e0 avviate e ha iniziato a<span class=\"_ _0\"></span> valutare l\u2019ipote<span class=\"_ _0\"></span></span>si di<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> intraprendere <span class=\"_ _0\"></span>una tr<span class=\"_ _0\"></span>attativa con <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e organizzazion<span class=\"_ _0\"></span>i sindacal<span class=\"_ _0\"></span>i per <span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ificare la <span class=\"_ _0\"></span>possibilit\u00e0<span class=\"_ _0\"></span> di un<span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>disciplina <span class=\"_ _0\"></span>concordata <span class=\"_ _0\"></span>che r<span class=\"_ _3\"></span><span class=\"ff6\">egol<span class=\"_ _0\"></span>i l\u2019att<span class=\"_ _0\"></span>ivit\u00e0<span class=\"_ _75\"> </span></span><span class=\"ff6\"> </span>di <span class=\"_ _5\"></span>vestizione <span class=\"_ _5\"></span>dei <span class=\"_ _5\"> </span>suoi<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>dipendenti<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>futuro <span class=\"_ _5\"> </span>e <span class=\"_ _5\"> </span>che<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>consenta <span class=\"_ _5\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>addiven<span class=\"_ _0\"></span>ire <span class=\"_ _5\"></span>ad <span class=\"_ _5\"></span>una <span class=\"_ _5\"></span>so<span class=\"_ _0\"></span>luzione <span class=\"_ _5\"></span>transattiva <span class=\"_ _9\"> </span>per <span class=\"_ _4\"></span>le <span class=\"_ _5\"> </span>e<span class=\"_ _0\"></span>ventuali <span class=\"_ _5\"></span>ul<span class=\"_ _3\"></span>ter<span class=\"_ _0\"></span>iori<span class=\"_ _75\"> </span> rivendicazioni <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>passato<span class=\"_ _0\"></span>. <span class=\"_ _4\"></span>Al <span class=\"_ _3\"></span>fine <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prepar<span class=\"_ _0\"></span>arsi <span class=\"_ _3\"></span>alla <span class=\"_ _4\"></span>direttiv<span class=\"_ _0\"></span>a <span class=\"_ _4\"></span>UE <span class=\"_ _3\"></span>sulla <span class=\"_ _4\"></span>trasparenza <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>etributiva, <span class=\"_ _4\"></span>recepita <span class=\"_ _3\"></span>a <span class=\"_ _4\"></span>livello <span class=\"_ _4\"></span>italiano <span class=\"_ _3\"></span>entro<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> giugno 2026, l'az<span class=\"_ _0\"></span>ienda ha avviato<span class=\"_ _0\"></span> il processo<span class=\"_ _0\"></span> di adeguamento<span class=\"_ _0\"></span> interno intr<span class=\"_ _0\"></span>aprendendo il percor<span class=\"_ _0\"></span>so verso la cer<span class=\"_ _0\"></span>tificazione del<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span> par<span class=\"_ _0\"></span>it\u00e0 di<span class=\"_ _75\"> </span> genere (UNI PdR 125).<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.7.21<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischi <span class=\"_ _10\"> </span>connessi <span class=\"_ _10\"> </span>ai <span class=\"_ _10\"> </span>rapporti <span class=\"_ _f\"> </span>con <span class=\"_ _10\"> </span>i <span class=\"_ _10\"> </span>fornitori: <span class=\"_ _f\"> </span>sh<span class=\"_ _0\"></span>ortage <span class=\"_ _f\"> </span>d<span class=\"_ _0\"></span>i <span class=\"_ _f\"> </span>mater<span class=\"_ _0\"></span>ie <span class=\"_ _f\"> </span>prim<span class=\"_ _0\"></span>e <span class=\"_ _10\"> </span>e <span class=\"_ _f\"> </span>materiali <span class=\"_ _10\"> </span>di<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>confezionam<span class=\"_ _0\"></span>ento.<span class=\"_ _75\"> </span> In <span class=\"_ _3\"></span>consider<span class=\"_ _0\"></span>azione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>comp<span class=\"_ _0\"></span>lessa <span class=\"_ _4\"></span>situazione <span class=\"_ _3\"></span>geop<span class=\"_ _0\"></span>olitica <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>rischi <span class=\"_ _3\"></span>climatici<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>che <span class=\"_ _4\"></span>possono <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>egiudicare <span class=\"_ _4\"></span>alcuni <span class=\"_ _3\"></span>raccolti, <span class=\"_ _4\"></span>anch<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 2025 <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>valuta <span class=\"_ _3\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>sia <span class=\"_ _4\"></span>esposto <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>rischio <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>dover <span class=\"_ _4\"></span>sostenere <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>incremen<span class=\"_ _0\"></span>to <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>costi <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>l'acquisto <span class=\"_ _3\"></span>delle <span class=\"_ _4\"></span>materi<span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>prime <span class=\"_ _3\"></span>e<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> materiali <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>confezionamento <span class=\"_ _3\"></span>necessar<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>allo <span class=\"_ _3\"></span>svolgimento <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>pria <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0, <span class=\"_ _0\"></span>unitamente<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>ritardo <span class=\"_ _3\"></span>nella <span class=\"_ _0\"></span>produzion<span class=\"_ _0\"></span>e, <span class=\"_ _0\"></span>dovut<span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>pi\u00f9<span class=\"_ _75\"> </span> difficile <span class=\"_ _0\"></span>rep<span class=\"_ _0\"></span>eribilit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>dette <span class=\"_ _3\"></span>materie <span class=\"_ _3\"></span>prime<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>mater<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con<span class=\"_ _0\"></span>fezionamento,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>con <span class=\"_ _3\"></span>potenziali<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>eff<span class=\"_ _0\"></span>etti <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>gativi <span class=\"_ _4\"></span><span class=\"ff6\">sull\u2019attivit\u00e0 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>situazione<span class=\"_ _75\"> </span></span><span class=\"ff6\"><span class=\"_ _0\"></span> </span>economica, patrimoniale e f<span class=\"_ _0\"></span>inanziar<span class=\"_ _0\"></span>ia del Gruppo. L\u2019attiv<span class=\"_ _0\"></span>it\u00e0 del Grupp<span class=\"_ _0\"></span>o \u00e8 caratterizzata, in a<span class=\"_ _0\"></span>lcuni cas<span class=\"_ _0\"></span>i, da una limitata<span class=\"_ _0\"></span> sos<span class=\"_ _0\"></span><span class=\"ff4\">tituib<span class=\"_ _0\"></span>ilit\u00e0 dei<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>fornitori, particolarmen<span class=\"_ _0\"></span>te nel settore farmace<span class=\"_ _0\"></span>utico.<span class=\"_ _75\"> </span> Fine <span class=\"_ _3\"></span>Foods <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>rmalmente <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>possibilit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>adeguare <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>prezzi <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>vendita <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>caso <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>aumenti <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>costo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>materie<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>prime. <span class=\"_ _4\"></span>L'<span class=\"_ _0\"></span>uff<span class=\"_ _0\"></span>icio<span class=\"_ _75\"> </span> acquisti <span class=\"_ _5\"></span>informa <span class=\"_ _5\"></span>l'uff<span class=\"_ _0\"></span>icio <span class=\"_ _5\"></span>commerciale <span class=\"_ _9\"> </span>dell'incremento <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>prezzo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"></span>materia <span class=\"_ _5\"></span>prima, <span class=\"_ _9\"> </span>l'ufficio <span class=\"_ _5\"></span>com<span class=\"_ _0\"></span>merciale <span class=\"_ _5\"></span>valuta <span class=\"_ _5\"></span>l'imp<span class=\"_ _0\"></span>at<span class=\"_ _3\"></span>to <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>ta<span class=\"_ _0\"></span>le<span class=\"_ _75\"> </span> incremento sul pricing dei pr<span class=\"_ _0\"></span>odotti che includono t<span class=\"_ _0\"></span>ale materia prima<span class=\"_ _0\"></span> e lo condivide con i<span class=\"_ _0\"></span>l cliente.  <span class=\"_ _0\"></span> Il Gruppo mantiene un live<span class=\"_ _0\"></span>llo di giacenze r<span class=\"_ _0\"></span>elativo a materie prime d<span class=\"_ _0\"></span>i uso continuativo<span class=\"_ _0\"></span> tale da sopperir<span class=\"_ _0\"></span>e ad un'improvvisa m<span class=\"_ _0\"></span>an<span class=\"_ _3\"></span>canza di<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> materiali <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>mercato. <span class=\"_ _4\"></span>Azioni <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mitigazione <span class=\"_ _4\"></span>sono <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>che <span class=\"_ _3\"></span>incluse <span class=\"_ _4\"></span>nel <span class=\"_ _3\"></span>Business <span class=\"_ _4\"></span>Continuity <span class=\"_ _4\"></span>Plan. <span class=\"_ _4\"></span>Anche <span class=\"_ _4\"></span>col <span class=\"_ _3\"></span>fine <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prevenire <span class=\"_ _3\"></span>eve<span class=\"_ _0\"></span>ntuali<span class=\"_ _75\"> </span> impatti <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>rischi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>sostenibilit\u00e0 <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>medio-lungo <span class=\"_ _4\"></span>termine <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>tale <span class=\"_ _4\"></span>ambito, <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _3\"></span>valuter<span class=\"_ _0\"></span>\u00e0 <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>corso <span class=\"_ _3\"></span>del <span class=\"_ _4\"></span>2026 <span class=\"_ _3\"></span>l'implemen<span class=\"_ _0\"></span>tazione <span class=\"_ _3\"></span>di<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> eventuali <span class=\"_ _0\"></span>applicativi <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>analisi <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>valutare <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>categorie <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>rie <span class=\"_ _0\"></span>prime e <span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iali <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>confezionamento <span class=\"_ _0\"></span>magg<span class=\"_ _0\"></span>iormente <span class=\"_ _0\"></span>soggetti <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale<span class=\"_ _75\"> </span> rischio, col fine di individuar<span class=\"_ _0\"></span>e i fornitor<span class=\"_ _0\"></span>i esposti e, di conseguen<span class=\"_ _0\"></span>za, adottar<span class=\"_ _0\"></span>e eventuali ulteriori azioni <span class=\"_ _0\"></span>mitigatorie pro f<span class=\"_ _3\"></span>uturo.<span class=\"_ _75\"> </span> 1.7.22<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio reputazionale<span class=\"_ _0\"></span> dov<span class=\"_ _2\"></span>uto al <span class=\"_ _2\"></span>mancato rispetto delle <span class=\"_ _2\"></span>leggi sulle pari <span class=\"_ _2\"></span>opportun<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _2\"></span>e diversit\u00e0<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>da parte d<span class=\"_ _0\"></span>ei fornitori<span class=\"_ _75\"> </span> La mancata <span class=\"_ _0\"></span>attenzione <span class=\"_ _0\"></span>in merito a<span class=\"_ _0\"></span>ll'osservanza di <span class=\"_ _0\"></span>principi di <span class=\"_ _0\"></span>diversit\u00e0 <span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>i opportunit\u00e0 <span class=\"_ _0\"></span>da parte <span class=\"_ _0\"></span>dei fornitori <span class=\"_ _0\"></span>tra tut<span class=\"_ _0\"></span>ti i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>loro <span class=\"_ _0\"></span>dipendenti,<span class=\"_ _75\"> </span> in <span class=\"_ _4\"></span>termini <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>salar<span class=\"_ _0\"></span>i, <span class=\"_ _4\"></span>avanzamento <span class=\"_ _4\"></span>professionale, <span class=\"_ _4\"></span>ecc., <span class=\"_ _4\"></span>l'azienda <span class=\"_ _4\"></span>potreb<span class=\"_ _0\"></span>be <span class=\"_ _4\"></span>incorrere <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>un <span class=\"_ _3\"></span>calo <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>vendite <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>perdita <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span> fiducia da parte dei consumato<span class=\"_ _0\"></span>ri.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali<span class=\"_ _75\"> </span> ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere.<span class=\"_ _75\"> </span> Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: <span class=\"_ _3\"></span> 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e<span class=\"_ _75\"> </span></span></span><span class=\"ff9 ls0\"><span class=\"ff4\"> </span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; </span></span><span class=\"ff9 ls0\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore)<span class=\"_ _75\"> </span></span></span><span class=\"ff9 ls0\"><span class=\"ff4\"> </span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></span></span><span class=\"ff9 ls0\"><span class=\"ff4\"> </span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende<span class=\"_ _75\"> </span> aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea<span class=\"_ _75\"> </span> con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> 1.7.23<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _3\"></span>reputazion<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>leg<span class=\"_ _0\"></span>ale <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuto <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>violazion<span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>diritti <span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ani <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>lavorato<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>lungo <span class=\"_ _3\"></span>la </span></span>catena del valo<span class=\"_ _0\"></span>re R<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span> rep<span class=\"_ _2\"></span>ut<span class=\"_ _8\"></span>azio<span class=\"_ _8\"></span>nal<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span> le<span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> ev<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> cas<span class=\"_ _8\"></span>i d<span class=\"_ _2\"></span>i v<span class=\"_ _8\"></span>iol<span class=\"_ _2\"></span>azi<span class=\"_ _8\"></span>one<span class=\"_ _8\"></span> dei<span class=\"_ _8\"></span> di<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>uma<span class=\"_ _8\"></span>ni <span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>i f<span class=\"_ _8\"></span>orn<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>i l<span class=\"_ _2\"></span>un<span class=\"_ _2\"></span>go <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>e d<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>rse<span class=\"_ _8\"></span> va<span class=\"_ _8\"></span>lue<span class=\"_ _8\"></span> cha<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span> del<span class=\"_ _2\"></span> G<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>o.<span class=\"_ _2\"></span> In<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>ca<span class=\"_ _2\"></span>so<span class=\"_ _2\"></span> di m<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span> tu<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span> de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>a sa<span class=\"_ _8\"></span>lute<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>e d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>la s<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ure<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a de<span class=\"_ _8\"></span>i pro<span class=\"_ _8\"></span>pri l<span class=\"_ _8\"></span>avo<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>ri e d<span class=\"_ _2\"></span>ei d<span class=\"_ _8\"></span>iri<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i fo<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span> del<span class=\"_ _8\"></span>l'u<span class=\"_ _2\"></span>om<span class=\"_ _8\"></span>o e de<span class=\"_ _2\"></span>l la<span class=\"_ _8\"></span>vor<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>e, i f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>ri de<span class=\"_ _2\"></span>l Gr<span class=\"_ _8\"></span>upp<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>pot<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>bb<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span> s<span class=\"_ _2\"></span>ubi<span class=\"_ _8\"></span>re<span class=\"_ _2\"></span> ma<span class=\"_ _8\"></span>ggi<span class=\"_ _8\"></span>ori <span class=\"_ _8\"></span>ric<span class=\"_ _2\"></span>hi<span class=\"_ _8\"></span>est<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>rci<span class=\"_ _8\"></span>men<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>os<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> le<span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> a <span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>le<span class=\"_ _8\"></span>gali<span class=\"_ _8\"></span> pe<span class=\"_ _8\"></span>r n<span class=\"_ _8\"></span>on <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>nf<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>t<span class=\"_ _2\"></span>\u00e0 n<span class=\"_ _8\"></span>orm<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a.<span class=\"_ _8\"></span> In<span class=\"_ _8\"></span>ol<span class=\"_ _2\"></span>tr<span class=\"_ _2\"></span>e,<span class=\"_ _2\"></span> q<span class=\"_ _8\"></span>ues<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span> ev<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> po<span class=\"_ _8\"></span>tre<span class=\"_ _2\"></span>bb<span class=\"_ _8\"></span>ero<span class=\"_ _2\"></span> me<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>re <span class=\"_ _2\"></span>a r<span class=\"_ _8\"></span>epe<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>ag<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>o l<span class=\"_ _8\"></span>'op<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>it\u00e0<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> fo<span class=\"_ _8\"></span>rni<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> e <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> Fi<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>e F<span class=\"_ _8\"></span>ood<span class=\"_ _2\"></span>s,<span class=\"_ _2\"></span> ch<span class=\"_ _8\"></span>e po<span class=\"_ _2\"></span>tr<span class=\"_ _8\"></span>ebb<span class=\"_ _2\"></span>e e<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>e co<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ret<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span> a <span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e i<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> con<span class=\"_ _2\"></span> il<span class=\"_ _2\"></span> f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>re e,<span class=\"_ _8\"></span> qu<span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> r<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>ne <span class=\"_ _2\"></span>le<span class=\"_ _2\"></span> o<span class=\"_ _2\"></span>pe<span class=\"_ _8\"></span>rat<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>.<span class=\"_ _2\"></span> Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _0\"></span> e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere. Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _0\"></span> e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: <span class=\"_ _3\"></span> 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e </span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _0\"></span> 2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; <span class=\"_ _0\"></span> </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore) </span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i </span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _3\"></span> 1.7.24<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _9\"> </span>econ<span class=\"_ _0\"></span>omico <span class=\"_ _9\"> </span>e <span class=\"_ _9\"> </span>reputazionale <span class=\"_ _9\"> </span>legat<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>alla <span class=\"_ _9\"> </span>violazione <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>condizio<span class=\"_ _0\"></span>ni <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>sicurezza <span class=\"_ _9\"> </span>per <span class=\"_ _9\"> </span>i </span></span>lavorativi lu<span class=\"_ _0\"></span>ngo la catena del valore<span class=\"_ _0\"></span> La<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>viol<span class=\"_ _8\"></span>azi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>del<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>co<span class=\"_ _8\"></span>ndi<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>sic<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>ezz<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>l<span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>lun<span class=\"_ _8\"></span>go <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>cat<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>del<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>va<span class=\"_ _2\"></span>lo<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ra<span class=\"_ _2\"></span>pp<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>a <span class=\"_ _3\"></span>un<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>ris<span class=\"_ _2\"></span>ch<span class=\"_ _8\"></span>io <span class=\"_ _0\"></span>sig<span class=\"_ _2\"></span>ni<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _8\"></span>o <span class=\"_ _3\"></span>pe<span class=\"_ _2\"></span>r <span class=\"_ _3\"></span>il<span class=\"_ _2\"></span> <span class=\"_ _3\"></span>Gr<span class=\"_ _2\"></span>up<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>. <span class=\"_ _0\"></span>La ma<span class=\"_ _8\"></span>nca<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>ad<span class=\"_ _2\"></span>oz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>ade<span class=\"_ _8\"></span>gua<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>mis<span class=\"_ _8\"></span>ure<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>si<span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a da par<span class=\"_ _8\"></span>te <span class=\"_ _0\"></span>de<span class=\"_ _2\"></span>i fo<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dei<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>su<span class=\"_ _2\"></span>ba<span class=\"_ _8\"></span>ppal<span class=\"_ _8\"></span>tat<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> <span class=\"_ _0\"></span>pu\u00f2<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>po<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e a <span class=\"_ _0\"></span>in<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>i sul<span class=\"_ _8\"></span> <span class=\"_ _3\"></span>la<span class=\"_ _2\"></span>vo<span class=\"_ _2\"></span>ro<span class=\"_ _2\"></span>, int<span class=\"_ _8\"></span>err<span class=\"_ _2\"></span>uz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ni op<span class=\"_ _8\"></span>era<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _2\"></span> e<span class=\"_ _8\"></span> sa<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ni l<span class=\"_ _8\"></span>ega<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> pe<span class=\"_ _2\"></span>r <span class=\"_ _2\"></span>qu<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ent<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>t\u00e0.<span class=\"_ _8\"></span> Qu<span class=\"_ _8\"></span>esti<span class=\"_ _8\"></span> fa<span class=\"_ _8\"></span>tto<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>osso<span class=\"_ _8\"></span>no <span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>us<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>e r<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span>ll<span class=\"_ _8\"></span>e co<span class=\"_ _8\"></span>nse<span class=\"_ _2\"></span>gn<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>aum<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>co<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>pp<span class=\"_ _2\"></span>ro<span class=\"_ _2\"></span>vv<span class=\"_ _2\"></span>ig<span class=\"_ _8\"></span>ion<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span> e <span class=\"_ _2\"></span>di <span class=\"_ _2\"></span>ge<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ne d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> pr<span class=\"_ _8\"></span>oge<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i p<span class=\"_ _8\"></span>er i<span class=\"_ _2\"></span>l G<span class=\"_ _8\"></span>rupp<span class=\"_ _8\"></span>o, i<span class=\"_ _8\"></span>nfl<span class=\"_ _2\"></span>ue<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>do n<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _8\"></span>ame<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>rep<span class=\"_ _8\"></span>uta<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one <span class=\"_ _8\"></span>del<span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da <span class=\"_ _2\"></span>e r<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>ucen<span class=\"_ _8\"></span>do l<span class=\"_ _2\"></span>a f<span class=\"_ _8\"></span>idu<span class=\"_ _8\"></span>cia <span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>gl<span class=\"_ _2\"></span>i s<span class=\"_ _8\"></span>tak<span class=\"_ _2\"></span>eh<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>r,<span class=\"_ _2\"></span> co<span class=\"_ _2\"></span>n co<span class=\"_ _8\"></span>nse<span class=\"_ _2\"></span>gu<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>erd<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>fi<span class=\"_ _8\"></span>nan<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>ari<span class=\"_ _2\"></span>e.<span class=\"_ _2\"></span> Il Gr<span class=\"_ _0\"></span>uppo <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>adottato <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>proce<span class=\"_ _0\"></span>dure <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>selezione <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>valutaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>tempo <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>fornitor<span class=\"_ _0\"></span>i basate<span class=\"_ _0\"></span> su <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>iteri <span class=\"_ _0\"></span>ESG <span class=\"_ _0\"></span>(prestazioni <span class=\"_ _0\"></span>ambien<span class=\"_ _0\"></span>tali ed <span class=\"_ _8\"></span>etico<span class=\"_ _0\"></span>-sociali, <span class=\"_ _2\"></span>conformit\u00e0 <span class=\"_ _2\"></span>alle <span class=\"_ _2\"></span>normative in <span class=\"_ _8\"></span>materia <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>salute,<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>sicurezza <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>diritt<span class=\"_ _0\"></span>i <span class=\"_ _8\"></span>um<span class=\"_ _0\"></span>ani) <span class=\"_ _8\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>valuta<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>attra<span class=\"_ _0\"></span>verso <span class=\"_ _2\"></span>audit, <span class=\"_ _8\"></span>an<span class=\"_ _0\"></span>alisi<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>documentale<span class=\"_ _0\"></span> e compilazione di questionari a <span class=\"_ _0\"></span>seconda d<span class=\"_ _0\"></span>el livello di rischio spec<span class=\"_ _0\"></span>ifico applicato sul fo<span class=\"_ _0\"></span>rnitore in base <span class=\"_ _0\"></span>alla procedura in es<span class=\"_ _3\"></span>sere. Il Gruppo, <span class=\"_ _2\"></span>pi\u00f9 in <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ale, si <span class=\"_ _2\"></span>\u00e8 dotato di <span class=\"_ _8\"></span>un Codice Condotta <span class=\"_ _2\"></span>Fornito<span class=\"_ _0\"></span>ri che <span class=\"_ _8\"></span>viene<span class=\"_ _0\"></span> fatto <span class=\"_ _2\"></span>sottoscrivere alla firma <span class=\"_ _2\"></span>del contratto commerciale<span class=\"_ _0\"></span> e un sistema di monitorag<span class=\"_ _0\"></span>gio del mantenime<span class=\"_ _0\"></span>nto dei requisiti che si <span class=\"_ _0\"></span>basa su quattro fasi: <span class=\"_ _3\"></span> 1)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Valutazione annuale del risch<span class=\"_ _0\"></span>io, attraverso la costruzione d<span class=\"_ _0\"></span>i tre diverse matrici di r<span class=\"_ _0\"></span>ischio (fornitori di chemicals, packagi<span class=\"_ _3\"></span>ng e </span></span>servizi) per assegnare a<span class=\"_ _0\"></span> ciascun fornitor<span class=\"_ _0\"></span>e un indice di criticit\u00e0;<span class=\"_ _0\"></span> 2)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Pianificazione e realizzaz<span class=\"_ _0\"></span>ione audit di m<span class=\"_ _0\"></span>onitoraggio, laddove nece<span class=\"_ _0\"></span>ssario; <span class=\"_ _0\"></span> </span></span>3)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">Invio <span class=\"_ _8\"></span>questionario <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>giornamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>dati, <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitoraggio <span class=\"_ _8\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>requisiti <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>(in <span class=\"_ _8\"></span>base<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>rischio <span class=\"_ _2\"></span>inerente <span class=\"_ _2\"></span>ESG <span class=\"_ _8\"></span>del <span class=\"_ _8\"></span>for<span class=\"_ _0\"></span>nit<span class=\"_ _0\"></span>ore) </span></span>4)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">valutazione delle prestazion<span class=\"_ _0\"></span>i </span></span>Anche <span class=\"_ _2\"></span>in considerazione <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _2\"></span>recenti aggiornamenti <span class=\"_ _2\"></span>normativi <span class=\"_ _2\"></span>in tema <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>della <span class=\"_ _2\"></span>strategia di <span class=\"_ _8\"></span>sostenib<span class=\"_ _0\"></span>ilit\u00e0 a <span class=\"_ _8\"></span>medio termine <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>Gr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ppo intende aggiornare <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>requisiti <span class=\"_ _3\"></span>ESG <span class=\"_ _0\"></span>lungo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>corso <span class=\"_ _0\"></span>del <span class=\"_ _3\"></span>2026 <span class=\"_ _3\"></span>col <span class=\"_ _0\"></span>fine <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mantener<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>presidio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>applicare <span class=\"_ _3\"></span>il <span class=\"_ _0\"></span>prin<span class=\"_ _0\"></span>cipio <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>vuta<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>diligen<span class=\"_ _0\"></span>za <span class=\"_ _0\"></span>in<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>linea con i pi\u00f9 recenti standard e<span class=\"_ _0\"></span> best practice in am<span class=\"_ _0\"></span>bito di gestione del<span class=\"_ _0\"></span>la catena del valore.<span class=\"_ _3\"></span> 1.7.25<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio legali<span class=\"_ _0\"></span> e reputazionali legati a danni alla salut<span class=\"_ _0\"></span>e e sicurezza degli utilizzatori a<span class=\"_ _0\"></span> causa di </span></span>prodotti non sicu<span class=\"_ _0\"></span>ri Il<span class=\"_ _8\"></span> G<span class=\"_ _8\"></span>rup<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>aff<span class=\"_ _2\"></span>ro<span class=\"_ _8\"></span>nta <span class=\"_ _8\"></span>r<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>si<span class=\"_ _2\"></span>gni<span class=\"_ _8\"></span>fic<span class=\"_ _8\"></span>ati<span class=\"_ _2\"></span>vi<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>leg<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>la<span class=\"_ _8\"></span> s<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>ut<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>si<span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>de<span class=\"_ _8\"></span>gli <span class=\"_ _8\"></span>u<span class=\"_ _2\"></span>til<span class=\"_ _8\"></span>izz<span class=\"_ _8\"></span>ato<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>der<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>an<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>da <span class=\"_ _8\"></span>pr<span class=\"_ _2\"></span>od<span class=\"_ _8\"></span>otti<span class=\"_ _8\"></span> <span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>n <span class=\"_ _8\"></span>sic<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>i. <span class=\"_ _8\"></span>L<span class=\"_ _8\"></span>a <span class=\"_ _8\"></span>dist<span class=\"_ _8\"></span>ri<span class=\"_ _2\"></span>buz<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>one<span class=\"_ _8\"></span> d<span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>pr<span class=\"_ _8\"></span>odo<span class=\"_ _2\"></span>tt<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>ch<span class=\"_ _2\"></span>e no<span class=\"_ _8\"></span>n ri<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>no gl<span class=\"_ _8\"></span>i st<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>dar<span class=\"_ _2\"></span>d d<span class=\"_ _2\"></span>i si<span class=\"_ _8\"></span>cure<span class=\"_ _8\"></span>zza<span class=\"_ _2\"></span> pu<span class=\"_ _2\"></span>\u00f2 c<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>re da<span class=\"_ _8\"></span>nni<span class=\"_ _2\"></span> fi<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span> <span class=\"_ _0\"></span>o al<span class=\"_ _8\"></span>la s<span class=\"_ _8\"></span>alu<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> de<span class=\"_ _2\"></span>gl<span class=\"_ _2\"></span>i u<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>z<span class=\"_ _2\"></span>za<span class=\"_ _2\"></span>to<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>,<span class=\"_ _2\"></span> esp<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span>nd<span class=\"_ _2\"></span>o i<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span> Gru<span class=\"_ _2\"></span>pp<span class=\"_ _8\"></span>o a po<span class=\"_ _8\"></span>ten<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i a<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>oni<span class=\"_ _2\"></span> leg<span class=\"_ _8\"></span>ali<span class=\"_ _8\"></span>, ri<span class=\"_ _8\"></span>chi<span class=\"_ _8\"></span>ami <span class=\"_ _8\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>pro<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>e s<span class=\"_ _2\"></span>an<span class=\"_ _8\"></span>zio<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>go<span class=\"_ _2\"></span>lam<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>i. <span class=\"_ _2\"></span>Q<span class=\"_ _2\"></span>ues<span class=\"_ _8\"></span>ti <span class=\"_ _8\"></span>ev<span class=\"_ _2\"></span>ent<span class=\"_ _8\"></span>i <span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>ss<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>com<span class=\"_ _2\"></span>po<span class=\"_ _8\"></span>rta<span class=\"_ _2\"></span>re <span class=\"_ _8\"></span>co<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>el<span class=\"_ _2\"></span>ev<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>sa<span class=\"_ _8\"></span>rcim<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i<span class=\"_ _8\"></span>, o<span class=\"_ _8\"></span>ltr<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>a <span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i op<span class=\"_ _8\"></span>era<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _8\"></span>. I<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>lt<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>, l<span class=\"_ _8\"></span>a p<span class=\"_ _2\"></span>erc<span class=\"_ _8\"></span>ezi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e ne<span class=\"_ _2\"></span>ga<span class=\"_ _8\"></span>tiv<span class=\"_ _2\"></span>a d<span class=\"_ _8\"></span>a pa<span class=\"_ _8\"></span>rte<span class=\"_ _2\"></span> de<span class=\"_ _8\"></span>l p<span class=\"_ _2\"></span>ubb<span class=\"_ _8\"></span>lic<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>e d<span class=\"_ _8\"></span>egli<span class=\"_ _8\"></span> st<span class=\"_ _2\"></span>ak<span class=\"_ _2\"></span>eh<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>r p<span class=\"_ _8\"></span>u\u00f2<span class=\"_ _2\"></span> da<span class=\"_ _2\"></span>nn<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>gi<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span> gr<span class=\"_ _2\"></span>av<span class=\"_ _2\"></span>em<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>rep<span class=\"_ _8\"></span>uta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> del<span class=\"_ _2\"></span>l'<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>da,<span class=\"_ _75\"> </span> ri<span class=\"_ _8\"></span>duc<span class=\"_ _2\"></span>e<span class=\"_ _2\"></span>ndo<span class=\"_ _8\"></span> la<span class=\"_ _2\"></span> f<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>ucia<span class=\"_ _8\"></span> de<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>egli<span class=\"_ _8\"></span> in<span class=\"_ _2\"></span>ve<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ito<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nfl<span class=\"_ _8\"></span>uen<span class=\"_ _8\"></span>zan<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _8\"></span> i <span class=\"_ _8\"></span>rica<span class=\"_ _8\"></span>vi <span class=\"_ _8\"></span>e la<span class=\"_ _8\"></span> po<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>zi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>merc<span class=\"_ _8\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>del<span class=\"_ _8\"></span> Gr<span class=\"_ _2\"></span>up<span class=\"_ _2\"></span>po<span class=\"_ _2\"></span>.<span class=\"_ _75\"> </span> Il<span class=\"_ _8\"></span> Gr<span class=\"_ _8\"></span>upp<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e d<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>un<span class=\"_ _2\"></span> r<span class=\"_ _8\"></span>obu<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>st<span class=\"_ _2\"></span>em<span class=\"_ _8\"></span>a d<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>qu<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span>t\u00e0<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>um<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ose<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>tifi<span class=\"_ _8\"></span>caz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> c<span class=\"_ _8\"></span>he <span class=\"_ _2\"></span>ga<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>isc<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>il<span class=\"_ _8\"></span> ri<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>no<span class=\"_ _8\"></span>rme<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>buo<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>fab<span class=\"_ _2\"></span>br<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span> Tu<span class=\"_ _8\"></span>tti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>pro<span class=\"_ _8\"></span>dot<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> e<span class=\"_ _8\"></span> le <span class=\"_ _8\"></span>ma<span class=\"_ _2\"></span>ter<span class=\"_ _8\"></span>ie <span class=\"_ _8\"></span>pri<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span> v<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>go<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span> s<span class=\"_ _2\"></span>cr<span class=\"_ _8\"></span>upo<span class=\"_ _2\"></span>lo<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span>me<span class=\"_ _8\"></span>nte<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span>na<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>att<span class=\"_ _2\"></span>es<span class=\"_ _8\"></span>tar<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> l<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>co<span class=\"_ _8\"></span>nfo<span class=\"_ _2\"></span>rm<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>\u00e0 al<span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>spe<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>i<span class=\"_ _8\"></span> ri<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span>sc<span class=\"_ _8\"></span>io.<span class=\"_ _75\"> </span> 1.7.26<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>utilizzo <span class=\"_ _9\"> </span>impro<span class=\"_ _0\"></span>prio, <span class=\"_ _5\"></span>non<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>autorizzato <span class=\"_ _9\"> </span>o <span class=\"_ _5\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _9\"> </span>competente <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>dat<span class=\"_ _0\"></span>i <span class=\"_ _9\"> </span>aziendali, <span class=\"_ _9\"> </span>tramite<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>strumenti di In<span class=\"_ _0\"></span>telligenza Artificiale (IA) g<span class=\"_ _0\"></span>enerativa da par<span class=\"_ _0\"></span>te del personale<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Il<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span>sc<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>i<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>ie<span class=\"_ _8\"></span>go <span class=\"_ _3\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>st<span class=\"_ _2\"></span>ru<span class=\"_ _2\"></span>me<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _8\"></span>lli<span class=\"_ _2\"></span>ge<span class=\"_ _2\"></span>nz<span class=\"_ _8\"></span>a <span class=\"_ _4\"></span>a<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>if<span class=\"_ _8\"></span>ici<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>(I<span class=\"_ _2\"></span>A)<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>ge<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span>rat<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a,<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>no<span class=\"_ _2\"></span>n <span class=\"_ _0\"></span>pre<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>am<span class=\"_ _8\"></span>bito<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>az<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>end<span class=\"_ _2\"></span>al<span class=\"_ _8\"></span>e, <span class=\"_ _3\"></span>pu<span class=\"_ _8\"></span>\u00f2 <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>om<span class=\"_ _2\"></span>po<span class=\"_ _8\"></span>rta<span class=\"_ _2\"></span>re<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>l<span class=\"_ _2\"></span>a <span class=\"_ _0\"></span>per<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _75\"> </span> in<span class=\"_ _8\"></span>for<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i ri<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>rv<span class=\"_ _2\"></span>at<span class=\"_ _8\"></span>e, e<span class=\"_ _2\"></span>sp<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>en<span class=\"_ _8\"></span>do i<span class=\"_ _2\"></span>l <span class=\"_ _2\"></span>Gru<span class=\"_ _8\"></span>ppo <span class=\"_ _2\"></span>a p<span class=\"_ _8\"></span>ote<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ann<span class=\"_ _8\"></span>i ec<span class=\"_ _8\"></span>ono<span class=\"_ _2\"></span>mi<span class=\"_ _2\"></span>ci<span class=\"_ _2\"></span> e r<span class=\"_ _8\"></span>epu<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>ali<span class=\"_ _2\"></span>. T<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>i s<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>tua<span class=\"_ _8\"></span>zio<span class=\"_ _8\"></span>ni si<span class=\"_ _2\"></span> ma<span class=\"_ _8\"></span>ni<span class=\"_ _2\"></span>fe<span class=\"_ _2\"></span>st<span class=\"_ _8\"></span>ano<span class=\"_ _2\"></span> a c<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>sa<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>as<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>a<span class=\"_ _75\"> </span> di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>pre<span class=\"_ _8\"></span>sid<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>e/o<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>lin<span class=\"_ _2\"></span>ee<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>g<span class=\"_ _2\"></span>ui<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _8\"></span>ter<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> <span class=\"_ _5\"></span>sp<span class=\"_ _8\"></span>eci<span class=\"_ _2\"></span>fi<span class=\"_ _2\"></span>ch<span class=\"_ _8\"></span>e <span class=\"_ _4\"></span>su<span class=\"_ _2\"></span>l <span class=\"_ _3\"></span>te<span class=\"_ _2\"></span>ma <span class=\"_ _3\"></span>IA<span class=\"_ _2\"></span>, <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>da<span class=\"_ _8\"></span>ll'<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>adeg<span class=\"_ _8\"></span>uat<span class=\"_ _2\"></span>a <span class=\"_ _3\"></span>co<span class=\"_ _2\"></span>mpr<span class=\"_ _8\"></span>ensi<span class=\"_ _8\"></span>one<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>li<span class=\"_ _8\"></span>mit<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>ta<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>si<span class=\"_ _8\"></span>ste<span class=\"_ _8\"></span>mi <span class=\"_ _3\"></span>da <span class=\"_ _3\"></span>pa<span class=\"_ _2\"></span>rte<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>del<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>p<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span>so<span class=\"_ _2\"></span>nal<span class=\"_ _8\"></span>e<span class=\"_ _75\"> </span> di<span class=\"_ _8\"></span>pen<span class=\"_ _2\"></span>de<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>che<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>pu<span class=\"_ _8\"></span>\u00f2 fa<span class=\"_ _8\"></span>r <span class=\"_ _2\"></span>us<span class=\"_ _2\"></span>o i<span class=\"_ _8\"></span>mpro<span class=\"_ _8\"></span>pri<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>men<span class=\"_ _8\"></span>te.<span class=\"_ _75\"> </span><span class=\"_ _2\"></span> C<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>il<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>r<span class=\"_ _2\"></span>eg<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>am<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>EU <span class=\"_ _d\"></span>202<span class=\"_ _8\"></span>4/1<span class=\"_ _2\"></span>68<span class=\"_ _2\"></span>9 <span class=\"_ _8\"></span>su<span class=\"_ _8\"></span>ll'<span class=\"_ _8\"></span>Int<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>gen<span class=\"_ _2\"></span>za<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>Ar<span class=\"_ _8\"></span>tif<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>iale<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>(A<span class=\"_ _2\"></span>I <span class=\"_ _8\"></span>A<span class=\"_ _2\"></span>ct<span class=\"_ _8\"></span>), <span class=\"_ _8\"></span>l<span class=\"_ _8\"></span>a <span class=\"_ _8\"></span>Co<span class=\"_ _8\"></span>mmis<span class=\"_ _8\"></span>sio<span class=\"_ _8\"></span>ne <span class=\"_ _8\"></span>E<span class=\"_ _2\"></span>ur<span class=\"_ _8\"></span>ope<span class=\"_ _2\"></span>a <span class=\"_ _8\"></span>h<span class=\"_ _2\"></span>a <span class=\"_ _d\"></span>sta<span class=\"_ _2\"></span>bi<span class=\"_ _2\"></span>l<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>un<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>nu<span class=\"_ _2\"></span>ov<span class=\"_ _2\"></span>o <span class=\"_ _8\"></span>q<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>dr<span class=\"_ _8\"></span>o <span class=\"_ _8\"></span>n<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rma<span class=\"_ _8\"></span>tiv<span class=\"_ _2\"></span>o <span class=\"_ _d\"></span>ded<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>to<span class=\"_ _75\"> </span> al<span class=\"_ _8\"></span>le <span class=\"_ _8\"></span>piat<span class=\"_ _8\"></span>taf<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>rme<span class=\"_ _8\"></span> IA<span class=\"_ _2\"></span> g<span class=\"_ _8\"></span>ene<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ve<span class=\"_ _8\"></span>, p<span class=\"_ _2\"></span>er<span class=\"_ _2\"></span> o<span class=\"_ _2\"></span>vv<span class=\"_ _2\"></span>ia<span class=\"_ _8\"></span>re <span class=\"_ _2\"></span>a:<span class=\"_ _75\"> </span><span class=\"_ _2\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">i<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>er<span class=\"_ _8\"></span>ime<span class=\"_ _2\"></span>nt<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>di<span class=\"_ _8\"></span> da<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> n<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>uto<span class=\"_ _2\"></span>ri<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i,<span class=\"_ _2\"></span> e<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span>bo<span class=\"_ _8\"></span>raz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>eff<span class=\"_ _8\"></span>ica<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span> o <span class=\"_ _8\"></span>erra<span class=\"_ _8\"></span>te,<span class=\"_ _8\"></span> con<span class=\"_ _2\"></span>di<span class=\"_ _8\"></span>vis<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _8\"></span> di<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>ns<span class=\"_ _2\"></span>ib<span class=\"_ _8\"></span>ili<span class=\"_ _2\"></span> o<span class=\"_ _8\"></span> so<span class=\"_ _2\"></span>gg<span class=\"_ _2\"></span>et<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span> p<span class=\"_ _8\"></span>riv<span class=\"_ _8\"></span>acy;<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _8\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">u<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>o <span class=\"_ _d\"></span>fr<span class=\"_ _2\"></span>au<span class=\"_ _2\"></span>do<span class=\"_ _2\"></span>le<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>o <span class=\"_ _8\"></span>de<span class=\"_ _2\"></span>ll<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>ris<span class=\"_ _8\"></span>ors<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>azi<span class=\"_ _2\"></span>en<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>, <span class=\"_ _8\"></span>ma<span class=\"_ _8\"></span>nipo<span class=\"_ _8\"></span>laz<span class=\"_ _2\"></span>io<span class=\"_ _8\"></span>ne <span class=\"_ _d\"></span>di <span class=\"_ _d\"></span>ban<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>e <span class=\"_ _d\"></span>dat<span class=\"_ _8\"></span>i, <span class=\"_ _8\"></span>v<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>cop<span class=\"_ _2\"></span>yr<span class=\"_ _2\"></span>ig<span class=\"_ _8\"></span>ht,<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>cr<span class=\"_ _8\"></span>eaz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _2\"></span> <span class=\"_ _8\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>nuo<span class=\"_ _2\"></span>vi<span class=\"_ _8\"></span> <span class=\"_ _8\"></span>bus<span class=\"_ _2\"></span>in<span class=\"_ _8\"></span>es<span class=\"_ _2\"></span>s <span class=\"_ _d\"></span>dan<span class=\"_ _8\"></span>nos<span class=\"_ _2\"></span>i.<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _8\"></span> </span></span>Ta<span class=\"_ _8\"></span>le at<span class=\"_ _8\"></span>to s<span class=\"_ _2\"></span>i in<span class=\"_ _8\"></span>ser<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span> in u<span class=\"_ _8\"></span>na pi<span class=\"_ _2\"></span>\u00f9 a<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>ia<span class=\"_ _2\"></span> st<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>gi<span class=\"_ _2\"></span>a e<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>ope<span class=\"_ _8\"></span>a ch<span class=\"_ _2\"></span>e ri<span class=\"_ _2\"></span>c<span class=\"_ _2\"></span>ono<span class=\"_ _8\"></span>sce<span class=\"_ _2\"></span> la r<span class=\"_ _2\"></span>il<span class=\"_ _8\"></span>eva<span class=\"_ _2\"></span>nz<span class=\"_ _2\"></span>a d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>la t<span class=\"_ _8\"></span>ema<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span> e la<span class=\"_ _2\"></span> ne<span class=\"_ _2\"></span>ce<span class=\"_ _2\"></span>ss<span class=\"_ _8\"></span>it\u00e0 d<span class=\"_ _2\"></span>i g<span class=\"_ _2\"></span>ar<span class=\"_ _8\"></span>anti<span class=\"_ _8\"></span>rn<span class=\"_ _2\"></span>e il<span class=\"_ _2\"></span> pr<span class=\"_ _2\"></span>es<span class=\"_ _2\"></span>id<span class=\"_ _8\"></span>io pe<span class=\"_ _8\"></span>r<span class=\"_ _75\"> </span> ga<span class=\"_ _8\"></span>ran<span class=\"_ _2\"></span>ti<span class=\"_ _8\"></span>re l<span class=\"_ _8\"></span>a t<span class=\"_ _8\"></span>ute<span class=\"_ _2\"></span>la<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>ell<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>pr<span class=\"_ _2\"></span>iv<span class=\"_ _2\"></span>a<span class=\"_ _2\"></span>cy<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ei<span class=\"_ _2\"></span> c<span class=\"_ _2\"></span>it<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>dini<span class=\"_ _8\"></span> e <span class=\"_ _8\"></span>del<span class=\"_ _2\"></span> k<span class=\"_ _2\"></span>no<span class=\"_ _2\"></span>w<span class=\"_ _2\"></span>-h<span class=\"_ _2\"></span>ow<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>el<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span> azi<span class=\"_ _8\"></span>end<span class=\"_ _8\"></span>e e<span class=\"_ _2\"></span>ur<span class=\"_ _2\"></span>o<span class=\"_ _2\"></span>pee<span class=\"_ _8\"></span>.<span class=\"_ _75\"> </span> P<span class=\"_ _2\"></span>er <span class=\"_ _8\"></span>aff<span class=\"_ _8\"></span>ron<span class=\"_ _2\"></span>ta<span class=\"_ _8\"></span>re i<span class=\"_ _8\"></span> ris<span class=\"_ _8\"></span>chi<span class=\"_ _8\"></span> del<span class=\"_ _8\"></span>l'I<span class=\"_ _8\"></span>ntel<span class=\"_ _8\"></span>lig<span class=\"_ _8\"></span>enza<span class=\"_ _8\"></span> Ar<span class=\"_ _8\"></span>tif<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>ia<span class=\"_ _8\"></span>le g<span class=\"_ _8\"></span>ene<span class=\"_ _2\"></span>ra<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span>va<span class=\"_ _8\"></span>, e<span class=\"_ _2\"></span> d<span class=\"_ _2\"></span>ar<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>se<span class=\"_ _2\"></span>gu<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>o ai<span class=\"_ _8\"></span> pr<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span>nc<span class=\"_ _2\"></span>\u00ecp<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>di<span class=\"_ _2\"></span>ca<span class=\"_ _2\"></span>ti<span class=\"_ _2\"></span> d<span class=\"_ _8\"></span>al R<span class=\"_ _8\"></span>ego<span class=\"_ _2\"></span>la<span class=\"_ _8\"></span>ment<span class=\"_ _8\"></span>o E<span class=\"_ _2\"></span>U <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>ll<span class=\"_ _8\"></span>'A<span class=\"_ _2\"></span>I <span class=\"_ _2\"></span>20<span class=\"_ _2\"></span>24/<span class=\"_ _8\"></span>168<span class=\"_ _2\"></span>9<span class=\"_ _2\"></span>, <span class=\"_ _2\"></span>l'<span class=\"_ _2\"></span>az<span class=\"_ _2\"></span>ie<span class=\"_ _2\"></span>nd<span class=\"_ _2\"></span>a<span class=\"_ _75\"> </span> st<span class=\"_ _8\"></span>a v<span class=\"_ _8\"></span>alut<span class=\"_ _8\"></span>and<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>un<span class=\"_ _8\"></span>a o<span class=\"_ _2\"></span> p<span class=\"_ _2\"></span>i\u00f9<span class=\"_ _2\"></span> a<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i m<span class=\"_ _2\"></span>it<span class=\"_ _8\"></span>igat<span class=\"_ _8\"></span>ori<span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>de<span class=\"_ _8\"></span>l r<span class=\"_ _2\"></span>is<span class=\"_ _8\"></span>chio<span class=\"_ _8\"></span>, t<span class=\"_ _8\"></span>ra <span class=\"_ _2\"></span>cu<span class=\"_ _2\"></span>i:<span class=\"_ _8\"></span>  -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l<span class=\"_ _2\"></span>'i<span class=\"_ _2\"></span>mp<span class=\"_ _2\"></span>le<span class=\"_ _8\"></span>men<span class=\"_ _2\"></span>ta<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>e <span class=\"_ _8\"></span>di P<span class=\"_ _8\"></span>roo<span class=\"_ _8\"></span>f-<span class=\"lse\">of</span>-C<span class=\"_ _8\"></span>onc<span class=\"_ _2\"></span>ep<span class=\"_ _8\"></span>t (<span class=\"_ _2\"></span>POC<span class=\"_ _8\"></span>) <span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>cn<span class=\"_ _2\"></span>ol<span class=\"_ _2\"></span>og<span class=\"_ _2\"></span>ic<span class=\"_ _2\"></span>i,<span class=\"_ _8\"></span> a <span class=\"_ _2\"></span>pa<span class=\"_ _2\"></span>rt<span class=\"_ _2\"></span>ir<span class=\"_ _8\"></span>e d<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>so<span class=\"_ _8\"></span>luz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ni<span class=\"_ _8\"></span> en<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>rpi<span class=\"_ _8\"></span>se <span class=\"_ _8\"></span>per<span class=\"_ _2\"></span> g<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span> a<span class=\"_ _8\"></span>cco<span class=\"_ _2\"></span>un<span class=\"_ _2\"></span>t a<span class=\"_ _8\"></span>zie<span class=\"_ _8\"></span>nda<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>;<span class=\"_ _2\"></span> </span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">l<span class=\"_ _2\"></span>'i<span class=\"_ _2\"></span>nt<span class=\"_ _8\"></span>rod<span class=\"_ _2\"></span>uz<span class=\"_ _2\"></span>io<span class=\"_ _2\"></span>ne<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>una<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>po<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>cy <span class=\"_ _4\"></span>IA<span class=\"_ _8\"></span> <span class=\"_ _4\"></span>in<span class=\"_ _2\"></span>te<span class=\"_ _2\"></span>rn<span class=\"_ _2\"></span>a <span class=\"_ _4\"></span>c<span class=\"_ _2\"></span>he<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span>sci<span class=\"_ _2\"></span>pl<span class=\"_ _2\"></span>in<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>l'e<span class=\"_ _8\"></span>ven<span class=\"_ _2\"></span>tu<span class=\"_ _2\"></span>al<span class=\"_ _2\"></span>e <span class=\"_ _3\"></span>uti<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>zzo <span class=\"_ _3\"></span>di<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>ap<span class=\"_ _2\"></span>pl<span class=\"_ _2\"></span>ic<span class=\"_ _8\"></span>ativ<span class=\"_ _8\"></span>i <span class=\"_ _4\"></span>di<span class=\"_ _8\"></span> <span class=\"_ _5\"></span>IA<span class=\"_ _2\"></span>, <span class=\"_ _3\"></span>com<span class=\"_ _8\"></span>pre<span class=\"_ _2\"></span>se<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>mo<span class=\"_ _2\"></span>da<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span>t\u00e0 <span class=\"_ _4\"></span>d<span class=\"_ _2\"></span>i <span class=\"_ _3\"></span>con<span class=\"_ _2\"></span>su<span class=\"_ _8\"></span>ltaz<span class=\"_ _8\"></span>ion<span class=\"_ _8\"></span>e,<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>ev<span class=\"_ _8\"></span>ent<span class=\"_ _2\"></span>ua<span class=\"_ _2\"></span>li<span class=\"_ _8\"></span> au<span class=\"_ _2\"></span>to<span class=\"_ _8\"></span>rizz<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>i e<span class=\"_ _2\"></span> li<span class=\"_ _8\"></span>mit<span class=\"_ _8\"></span>azi<span class=\"_ _2\"></span>on<span class=\"_ _2\"></span>i;<span class=\"_ _75\"> </span><span class=\"_ _8\"></span> -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">f<span class=\"_ _2\"></span>or<span class=\"_ _2\"></span>ma<span class=\"_ _2\"></span>zi<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>e s<span class=\"_ _2\"></span>pe<span class=\"_ _2\"></span>ci<span class=\"_ _8\"></span>fic<span class=\"_ _2\"></span>a <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>pe<span class=\"_ _8\"></span>riod<span class=\"_ _8\"></span>ica<span class=\"_ _8\"></span> che<span class=\"_ _8\"></span> se<span class=\"_ _2\"></span>n<span class=\"_ _2\"></span>si<span class=\"_ _2\"></span>bi<span class=\"_ _2\"></span>li<span class=\"_ _2\"></span>zz<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>il<span class=\"_ _8\"></span> pe<span class=\"_ _2\"></span>rs<span class=\"_ _2\"></span>on<span class=\"_ _8\"></span>ale <span class=\"_ _8\"></span>aut<span class=\"_ _2\"></span>or<span class=\"_ _8\"></span>izz<span class=\"_ _2\"></span>at<span class=\"_ _2\"></span>o <span class=\"_ _2\"></span>su<span class=\"_ _2\"></span>i<span class=\"_ _2\"></span> r<span class=\"_ _2\"></span>is<span class=\"_ _2\"></span>ch<span class=\"_ _2\"></span>i <span class=\"_ _2\"></span>di<span class=\"_ _8\"></span> uti<span class=\"_ _8\"></span>liz<span class=\"_ _2\"></span>zo<span class=\"_ _8\"></span> im<span class=\"_ _8\"></span>pro<span class=\"_ _2\"></span>pri<span class=\"_ _8\"></span>o d<span class=\"_ _8\"></span>ell'<span class=\"_ _8\"></span>IA<span class=\"_ _75\"> </span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-340": {
   "value": "1.7.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di liq<span class=\"_ _0\"></span>uidit\u00e0<span class=\"_ _75\"> </span></span></span>Il Gruppo <span class=\"_ _2\"></span>monitora il <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>ischio di <span class=\"_ _8\"></span>una carenza di <span class=\"_ _2\"></span>liquidit\u00e0 utilizzando <span class=\"_ _8\"></span>u<span class=\"_ _0\"></span>no strumento di <span class=\"_ _8\"></span>pianificazione<span class=\"_ _0\"></span> della <span class=\"_ _2\"></span>liquidit\u00e0.  <span class=\"_ _8\"></span>L\u2019obi<span class=\"_ _0\"></span><span class=\"ff4\">ett<span class=\"_ _0\"></span>ivo del <span class=\"_ _8\"></span>Grup<span class=\"_ _0\"></span>po<span class=\"_ _75\"> </span></span>\u00e8 quello di mantenere u<span class=\"_ _0\"></span>n equilibrio tra continuit\u00e0 nella disponibilit\u00e0 di fondi e flessibilit\u00e0 d<span class=\"_ _0\"></span>i utilizzo attrav<span class=\"_ _0\"></span><span class=\"ff6\">erso l\u2019utilizzo di strumen<span class=\"_ _0\"></span>ti quali<span class=\"_ _75\"> </span></span>affidamenti e <span class=\"_ _2\"></span>prestiti bancari, <span class=\"_ _2\"></span>mutui e <span class=\"_ _2\"></span>obbligazioni. La <span class=\"_ _2\"></span>politica del <span class=\"_ _2\"></span>Grup<span class=\"_ _0\"></span>po \u00e8 <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>ella di <span class=\"_ _8\"></span>manten<span class=\"_ _0\"></span>ere nell\u2019intorno del <span class=\"_ _8\"></span>60<span class=\"_ _0\"></span>% <span class=\"_ _2\"></span>il to<span class=\"ff4\">tale dei prestiti<span class=\"_ _75\"> </span></span>in scadenza <span class=\"_ _0\"></span>nei <span class=\"_ _0\"></span>prossimi 12 <span class=\"_ _0\"></span>mesi<span class=\"_ _0\"></span>. <span class=\"_ _0\"></span>Al 31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5<span class=\"ls4\">, </span>il <span class=\"_ _0\"></span><span class=\"ls3\">15,1</span>% <span class=\"_ _0\"></span>del de<span class=\"_ _0\"></span>bito finan<span class=\"_ _0\"></span>ziario <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>inferiore ad<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span> anno<span class=\"_ _75\"> </span>(2024<span class=\"ls4\">: <span class=\"ls3\">34,3<span class=\"lsb\">%)</span></span></span>, calcolato<span class=\"_ _0\"></span> sulla ba<span class=\"_ _0\"></span>se del valore contabile dei deb<span class=\"_ _0\"></span>iti nella situazione<span class=\"_ _0\"></span> finanziaria consol<span class=\"_ _0\"></span>idata. La  tabella <span class=\"_ _7\"> </span>sottostante  riassume <span class=\"_ _7\"> </span>il  profilo <span class=\"_ _7\"> </span>di  scadenza <span class=\"_ _7\"> </span>delle  passivit\u00e0 <span class=\"_ _7\"> </span>finanziarie  del <span class=\"_ _7\"> </span>Gruppo  sulla  base <span class=\"_ _7\"> </span>dei <span class=\"_ _7\"> </span>pagamenti  previs<span class=\"_ _3\"></span>ti<span class=\"_ _75\"> </span>contrattualmente non a<span class=\"_ _0\"></span>ttualizzati.<table class=\"s w324 h27d\" id=\"_0fd408ed-b24b-4479-bc99-c0f5462a7c65\"><tr><td class=\"c x195 y16a0 w1db h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e0 y16a0 w1dc h24\"><div class=\"t m0 x95 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y16a0 w1dd h24\"><div class=\"t m0 x5d h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y16a0 w1dd h24\"><div class=\"t m0 x66 h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Da 1 a 5 anni<span class=\"_ _0\"></span> </div></td><td class=\"c x1e2 y16a0 w34 h24\"><div class=\"t m0 x72 h151 y588 ff5 fs0 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y16a1 w1db hc\"><div class=\"t m0 x2b h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y16a2 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche non corr<span class=\"_ _0\"></span>enti </div></td><td class=\"c x1e0 y16a2 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.736.116 </span> </div></td><td class=\"c x1c8 y16a2 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a2 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">71.416.146 </span> </div></td><td class=\"c x1e2 y16a2 w34 hc\"><div class=\"t m0 x6b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.319.970 </span> </div></td></tr><tr><td class=\"c x195 y16a3 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti verso banche correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a3 w1dc hc\"><div class=\"t m0 x31 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1c8 y16a3 w1dd hc\"><div class=\"t m0 x4d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.752.615 </span> </div></td><td class=\"c x1e1 y16a3 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a3 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a4 w1db hc\"><div class=\"t m0 x2b h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease non corren<span class=\"_ _0\"></span>ti </div></td><td class=\"c x1e0 y16a4 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">899.666 </span> </div></td><td class=\"c x1c8 y16a4 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e1 y16a4 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">858.556 </span> </div></td><td class=\"c x1e2 y16a4 w34 hc\"><div class=\"t m0 x49 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">41.110 </span> </div></td></tr><tr><td class=\"c x195 y16a5 w1db hc\"><div class=\"t m0 x2b h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">Debiti per lease correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x1e0 y16a5 w1dc hc\"><div class=\"t m0 x1c h4 y2b7 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1c8 y16a5 w1dd hc\"><div class=\"t m0 x4b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td><td class=\"c x1e1 y16a5 w1dd hc\"><div class=\"t m0 x7d h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td><td class=\"c x1e2 y16a5 w34 hc\"><div class=\"t m0 x7e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">  </span><span class=\"ls4\"> </span> </div></td></tr><tr><td class=\"c x195 y16a6 w1db h1d5\"><div class=\"t m0 x2b h5 yf9b ff5 fs0 fc1 sc0 ls0 ws0\">Totale passiv<span class=\"_ _0\"></span>it\u00e0 finanziarie </div></td><td class=\"c x1e0 y16a6 w1dc h1d5\"><div class=\"t m0 x31 h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">86.778.987 </span> </div></td><td class=\"c x1c8 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">13.143.204 </span> </div></td><td class=\"c x1e1 y16a6 w1dd h1d5\"><div class=\"t m0 x4d h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">72.274.702 </span> </div></td><td class=\"c x1e2 y16a6 w34 h1d5\"><div class=\"t m0 x6b h5 y50c ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.361.081 </span> </div></td></tr></table><table class=\"s w324 h27c\" id=\"_d799703f-4ef2-4f4f-94b9-cadcae40a408\"><tr><td class=\"c x195 y1699 w1db h29\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x1e0 y1699 w1dc h29\"><div class=\"t m0 xf h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x1c8 y1699 w1dd h29\"><div class=\"t m0 x66 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 12 mesi </div></td><td class=\"c x1e1 y1699 w1dd h29\"><div class=\"t m0 x31 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Da 1 a 5 anni </div></td><td class=\"c x1e2 y1699 w34 h29\"><div class=\"t m0 x49 h171 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">&gt; 5 anni<span class=\"ff11\"> </span></div></td></tr><tr><td class=\"c x195 y169a w1db h3b\"><div class=\"t m0 x2b h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziarie </div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y169b w1db h39\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche non correnti </div></td><td class=\"c x1e0 y169b w1dc h39\"><div class=\"t m0 x15 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td><td class=\"c x1c8 y169b w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169b w1dd h39\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 33.378.530  </div></td><td class=\"c x1e2 y169b w34 h39\"><div class=\"t m0 x76 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.609.247  </div></td></tr><tr><td class=\"c x195 y169c w1db h3a\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso banche correnti </div></td><td class=\"c x1e0 y169c w1dc h3a\"><div class=\"t m0 x15 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1c8 y169c w1dd h3a\"><div class=\"t m0 x72 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 18.367.370  </div></td><td class=\"c x1e1 y169c w1dd h3a\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169c w34 h3a\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169d w1db h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease non correnti </div></td><td class=\"c x1e0 y169d w1dc h39\"><div class=\"t m0 x27 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 847.512  </div></td><td class=\"c x1c8 y169d w1dd h39\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e1 y169d w1dd h39\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 831.668  </div></td><td class=\"c x1e2 y169d w34 h39\"><div class=\"t m0 x4b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 15.844  </div></td></tr><tr><td class=\"c x195 y169e w1db h3b\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per lease correnti </div></td><td class=\"c x1e0 y169e w1dc h3b\"><div class=\"t m0 x27 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1c8 y169e w1dd h3b\"><div class=\"t m0 x47 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 325.230  </div></td><td class=\"c x1e1 y169e w1dd h3b\"><div class=\"t m0 x73 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">  </span><span class=\"ls17\"> </span> </div></td><td class=\"c x1e2 y169e w34 h3b\"><div class=\"t m0 x8f h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\"> </span><span class=\"ls17\">  </span> </div></td></tr><tr><td class=\"c x195 y169f w1db h1e5\"><div class=\"t m0 x2b h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale passivit\u00e0 finanziarie </div></td><td class=\"c x1e0 y169f w1dc h1e5\"><div class=\"t m0 x15 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 54.527.890  </div></td><td class=\"c x1c8 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 18.692.600  </div></td><td class=\"c x1e1 y169f w1dd h1e5\"><div class=\"t m0 x72 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 34.210.198  </div></td><td class=\"c x1e2 y169f w34 h1e5\"><div class=\"t m0 x76 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\"> 1.625.091  </div></td></tr></table>Si segnala che, a <span class=\"_ _2\"></span>sostegno degli importan<span class=\"_ _0\"></span>ti investimenti in <span class=\"_ _2\"></span>corso, finanziati, per la parte sostenuta nel 2024, tramite la cassa generata<span class=\"_ _75\"> </span>dalla gestione <span class=\"_ _0\"></span>operativa <span class=\"_ _0\"></span>del business, <span class=\"_ _0\"></span>la Capogr<span class=\"_ _0\"></span>uppo sta <span class=\"_ _0\"></span>valutando <span class=\"_ _0\"></span>la sottoscrizione <span class=\"_ _0\"></span>di un <span class=\"_ _0\"></span>nuovo fina<span class=\"_ _0\"></span>nziamento banca<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a coper<span class=\"_ _0\"></span>tura<span class=\"_ _75\"> </span>degli investimenti ancora da e<span class=\"_ _0\"></span>ffettuare<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-341": {
   "value": "1.7.3<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di cr<span class=\"_ _0\"></span>edito<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>\u00c8 <span class=\"_ _5\"></span>il <span class=\"_ _5\"></span>rischio <span class=\"_ _9\"> </span>che <span class=\"_ _5\"></span>un <span class=\"_ _9\"> </span>cliente <span class=\"_ _5\"></span>o <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lle <span class=\"_ _5\"></span>contropar<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>uno <span class=\"_ _5\"></span>strumento <span class=\"_ _9\"> </span>finanziario <span class=\"_ _5\"></span>causi <span class=\"_ _9\"> </span>una <span class=\"_ _5\"></span>perdita <span class=\"_ _9\"> </span>finanziaria <span class=\"_ _5\"></span>non <span class=\"_ _9\"> </span>adempiendo<span class=\"_ _3\"></span> <span class=\"_ _9\"> </span><span class=\"ls3\">ad<span class=\"_ _75\"> </span></span><span class=\"ls3\"> </span>un\u2019obbligazione;<span class=\"ff4\"> il <span class=\"_ _8\"></span>rischio \u00e8 <span class=\"_ _2\"></span>insito principalmente <span class=\"_ _8\"></span>nel mancato <span class=\"_ _8\"></span>in<span class=\"_ _0\"></span>casso dei <span class=\"_ _8\"></span>crediti commerciali. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>principali controparti del <span class=\"_ _2\"></span>Gruppo sono<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>primarie <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _4\"></span>attive <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>settore <span class=\"_ _4\"></span>della <span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>traceutica <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _3\"></span>farmaceutica<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>multinazionali<span class=\"ls4\">. <span class=\"_ _4\"></span></span>Il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po, <span class=\"_ _4\"></span>inoltre, <span class=\"_ _3\"></span>valuta <span class=\"_ _3\"></span>attentam<span class=\"_ _0\"></span>ente <span class=\"_ _3\"></span>lo<span class=\"_ _75\"> </span> standing <span class=\"_ _0\"></span>creditizio <span class=\"_ _0\"></span>della<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>propria <span class=\"_ _0\"></span>clientela <span class=\"_ _0\"></span>anche<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>considerando <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>natura <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>bus<span class=\"_ _0\"></span>iness <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>rappor<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>i<span class=\"_ _3\"></span> <span class=\"_ _0\"></span>propr<span class=\"_ _0\"></span>i cl<span class=\"_ _0\"></span>ienti <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> lung<span class=\"_ _0\"></span>o<span class=\"_ _75\"> </span> periodo.<span class=\"_ _75\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-342": {
   "value": "1.7.4<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Rischio di <span class=\"_ _0\"></span>prezzo<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Viene <span class=\"_ _9\"> </span>mitigato <span class=\"_ _9\"> </span>attraverso <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>solida <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>ocedura <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>contabilit\u00e0 <span class=\"_ _9\"> </span>industriale <span class=\"_ _9\"> </span>utile <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>iden<span class=\"_ _0\"></span>tificare <span class=\"_ _9\"> </span>correttamente <span class=\"_ _9\"> </span>il <span class=\"_ _9\"> </span>costo <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>prod<span class=\"_ _3\"></span>uzione,<span class=\"_ _75\"> </span> attraverso il quale possono esse<span class=\"_ _0\"></span>re stabiliti e adottati p<span class=\"_ _0\"></span>rezzi remune<span class=\"_ _0\"></span>rativi e competitivi presso i<span class=\"_ _0\"></span>l cliente<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span>1.7.15<span class=\"ff1e ls0\"> <span class=\"_ _25\"> </span><span class=\"ff7\">Rischio rela<span class=\"_ _0\"></span>tivo al costo dell<span class=\"_ _0\"></span>'energia<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Il costo<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ll\u2019energia <span class=\"_ _0\"></span>risulta <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>elevato <span class=\"_ _0\"></span>rispetto <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>costo <span class=\"_ _0\"></span>storico, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>alta <span class=\"_ _0\"></span>volatilit\u00e0 <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>prezzi. <span class=\"_ _0\"></span>La <span class=\"_ _0\"></span>fornitura <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>energ<span class=\"_ _3\"></span><span class=\"ff4\">ia disponibile <span class=\"_ _0\"></span>per<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>il mer<span class=\"_ _0\"></span>cato <span class=\"_ _0\"></span>europeo<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>nch\u00e9 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>stock <span class=\"_ _0\"></span>energe<span class=\"_ _0\"></span>tici <span class=\"_ _0\"></span>interni <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>motivi <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>stima <span class=\"_ _0\"></span>degli <span class=\"_ _3\"></span>impatti <span class=\"_ _0\"></span>negativi <span class=\"_ _0\"></span>sul<span class=\"_ _4\"></span>la situa<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>economica,<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> finanziaria <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>patrimoniale <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>Gruppo, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>probabilit\u00e0 <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>essi <span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>verifichino,<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>possano <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>gradua<span class=\"_ _0\"></span>lmente <span class=\"_ _0\"></span>ridotti. <span class=\"_ _3\"></span>Al<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>data <span class=\"_ _0\"></span>di<span class=\"_ _75\"> </span> predisposizione <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>presente <span class=\"_ _4\"></span>documento, <span class=\"_ _4\"></span>non <span class=\"_ _3\"></span>si <span class=\"_ _4\"></span>possono <span class=\"_ _3\"></span>ancora <span class=\"_ _4\"></span>stimare <span class=\"_ _3\"></span>i <span class=\"_ _4\"></span>possibili <span class=\"_ _3\"></span>impatti <span class=\"_ _4\"></span>sul <span class=\"_ _3\"></span>b<span class=\"_ _3\"></span>usiness <span class=\"_ _3\"></span>derivanti <span class=\"_ _4\"></span>dai <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>ecenti <span class=\"_ _3\"></span>eventi<span class=\"_ _75\"> </span> intercorsi in Medioriente tr<span class=\"_ _0\"></span>a le fine di febbr<span class=\"_ _0\"></span>aio e marzo 2026<span class=\"_ _0\"></span>.<span class=\"_ _75\"> </span> Il <span class=\"_ _8\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>ha <span class=\"_ _2\"></span>integrato <span class=\"_ _2\"></span>nel <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>oprio <span class=\"_ _2\"></span>organico <span class=\"_ _2\"></span>un <span class=\"_ _8\"></span>tea<span class=\"_ _0\"></span>m <span class=\"_ _8\"></span>coordina<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>da <span class=\"_ _2\"></span>un energy <span class=\"_ _8\"></span>manager <span class=\"_ _2\"></span>incaricato <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>onitorare <span class=\"_ _2\"></span>l'andamento <span class=\"_ _2\"></span>del mercato<span class=\"_ _75\"> </span> energetico <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>fine <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>m<span class=\"_ _0\"></span>inimizzare<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>l'impatto <span class=\"_ _5\"></span>dei <span class=\"_ _5\"></span>co<span class=\"_ _0\"></span>sti <span class=\"_ _5\"></span>dell'energia <span class=\"_ _5\"> </span>n<span class=\"_ _0\"></span>onch\u00e9 <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>porr<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>essere <span class=\"_ _5\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>opportun<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>misure <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>increm<span class=\"_ _4\"></span>entare<span class=\"_ _75\"> </span> l'efficienza energetica<span class=\"_ _0\"></span> dei siti pro<span class=\"_ _0\"></span>duttivi.  A tal prop<span class=\"_ _0\"></span>osito Fine Foo<span class=\"_ _0\"></span>ds ha installato<span class=\"_ _0\"></span> due cogenerato<span class=\"_ _0\"></span>ri per l'auto p<span class=\"_ _0\"></span>roduzione<span class=\"_ _3\"></span> di elettricit\u00e0 a<span class=\"_ _75\"> </span> partire <span class=\"_ _3\"></span>dalla <span class=\"_ _3\"></span>combustione <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>gas, <span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>azie <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>quali <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>eliminato <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>sua <span class=\"_ _3\"></span>esposizione <span class=\"_ _3\"></span>dal <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ischio <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>fluttu<span class=\"_ _0\"></span>azi<span class=\"_ _0\"></span>oni <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>componente <span class=\"_ _3\"></span>energia<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> elettrica <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>ottimizzato <span class=\"_ _0\"></span>l'uso <span class=\"_ _0\"></span>efficiente <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>calore <span class=\"_ _0\"></span>sviluppato <span class=\"_ _0\"></span>grazie <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>cogenerazion<span class=\"_ _0\"></span>e. <span class=\"_ _0\"></span>Inoltre, <span class=\"_ _3\"></span>presso <span class=\"_ _0\"></span>tre <span class=\"_ _0\"></span>stabilimenti <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>presenti<span class=\"_ _75\"> </span> altrettanti <span class=\"_ _0\"></span>impianti <span class=\"_ _3\"></span>fotovoltaici <span class=\"_ _3\"></span>complessivamen<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>850<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Kw <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>pot<span class=\"_ _0\"></span>enza <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>grado <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>coprire <span class=\"_ _0\"></span>parte <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>fabbisogno <span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ergetico <span class=\"_ _4\"></span>tramite <span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>a<span class=\"_ _75\"> </span> produzione di energia elet<span class=\"_ _0\"></span>trica da fonti r<span class=\"_ _0\"></span>innovabili (pari a circa l'11,<span class=\"_ _0\"></span>8% dei consumi di ener<span class=\"_ _0\"></span>gia elettrica del Gr<span class=\"_ _0\"></span>uppo nel 20<span class=\"_ _3\"></span><span class=\"ls3\">25)</span>.  Infine, <span class=\"_ _8\"></span>il Gruppo mitiga il <span class=\"_ _8\"></span>rischio a breve <span class=\"_ _2\"></span>termine anche <span class=\"_ _2\"></span>tramite l'acquisto di <span class=\"_ _2\"></span>contratti con <span class=\"_ _2\"></span>prezzi fissati come <span class=\"_ _2\"></span>strumento di hedging sulle<span class=\"_ _75\"> </span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-288": {
   "value": "<span class=\"ff5\">Valutazioni discrezion<span class=\"_ _2\"></span>ali e stime contabili significat<span class=\"_ _2\"></span>ive<span class=\"_ _75\"> </span></span><span class=\"ff5\"> </span>La <span class=\"_ _7\"> </span>preparazione  del <span class=\"_ _7\"> </span>bilancio <span class=\"_ _7\"> </span>del  Gruppo <span class=\"_ _7\"> </span>richiede <span class=\"_ _7\"> </span>agli <span class=\"_ _7\"> </span>amministrator<span class=\"_ _0\"></span>i <span class=\"_ _7\"> </span>di <span class=\"_ _7\"> </span>effettuare  valutazioni <span class=\"_ _9\"> </span>discrezion<span class=\"_ _0\"></span>ali, <span class=\"_ _7\"> </span>stime <span class=\"_ _7\"> </span>e  ipotesi <span class=\"_ _9\"> </span>che<span class=\"_ _75\"> </span> influenzano <span class=\"_ _4\"></span>i <span class=\"_ _5\"> </span>valor<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ricavi, <span class=\"_ _5\"></span>cos<span class=\"_ _0\"></span>ti, <span class=\"_ _4\"></span>attivit\u00e0 <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>l\u2019informativa <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>questi <span class=\"_ _5\"></span>relativa, <span class=\"_ _5\"></span>nonch\u00e9<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>l\u2019indicazione <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>passiv<span class=\"_ _3\"></span><span class=\"ff4\">it\u00e0<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>potenzial<span class=\"_ _0\"></span>i.<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>L\u2019incertezza <span class=\"_ _0\"></span>circa <span class=\"_ _0\"></span>tali <span class=\"_ _0\"></span>i<span class=\"ff4\">potesi <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>me <span class=\"_ _0\"></span>potrebbe <span class=\"_ _0\"></span>deter<span class=\"_ _0\"></span>minare <span class=\"_ _0\"></span>esiti <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>richiederanno, <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>futuro, <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>aggiusta<span class=\"_ _0\"></span>mento <span class=\"_ _0\"></span>significativo <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>valor<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>contabile di tali attivit\u00e0 e/o <span class=\"_ _0\"></span>passivit\u00e0.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> 1.8.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Valutazioni disc<span class=\"_ _0\"></span>rezionali<span class=\"_ _75\"> </span></span></span><span class=\"ff1e ls0\"><span class=\"ff7\"> </span></span>Nell\u2019a<span class=\"ff4\">pplicare i principi<span class=\"_ _0\"></span> contabili <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span>, gli ammin<span class=\"_ _0\"></span>istratori hanno<span class=\"_ _0\"></span> assunto decisioni basate<span class=\"_ _0\"></span> sulle seg<span class=\"_ _0\"></span>uenti valutazioni di<span class=\"_ _0\"></span>screzionali<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>(escluse quelle che comportan<span class=\"_ _0\"></span>o delle stime).<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> Giudizio significativo <span class=\"_ _2\"></span>nel determinare la <span class=\"_ _2\"></span>durata del <span class=\"_ _2\"></span>leasing dei <span class=\"_ _2\"></span>contratti che <span class=\"_ _2\"></span>contengono un\u2019opzione di <span class=\"_ _2\"></span>proroga \u2013<span class=\"_ _0\"></span><span class=\"ff3\"> Le <span class=\"_ _8\"></span>Societ\u00e0 del Gruppo<span class=\"_ _75\"> </span></span><span class=\"ff3\"> </span>come locatari<span class=\"_ _75\"> </span> Il <span class=\"_ _9\"> </span>Gruppo <span class=\"_ _9\"> </span>determina <span class=\"_ _9\"> </span>la <span class=\"_ _5\"></span>dur<span class=\"_ _0\"></span>ata <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>leasing <span class=\"_ _9\"> </span>come <span class=\"_ _9\"> </span>il <span class=\"_ _5\"> </span>p<span class=\"_ _0\"></span>eriodo <span class=\"_ _9\"> </span>non <span class=\"_ _9\"> </span>annullabile <span class=\"_ _9\"> </span>del <span class=\"_ _9\"> </span>leasing <span class=\"_ _9\"> </span>a <span class=\"_ _9\"> </span>cui <span class=\"_ _9\"> </span>vanno <span class=\"_ _9\"> </span>aggiunti <span class=\"_ _9\"> </span>sia <span class=\"_ _5\"> </span>i <span class=\"_ _9\"> </span>periodi<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>coperti<span class=\"_ _75\"> </span> dall\u2019opzione <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>este<span class=\"_ _0\"></span>nsione <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>leasing <span class=\"_ _3\"></span>stesso,<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>qu<span class=\"_ _0\"></span>alora <span class=\"_ _3\"></span>v<span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>sia<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>la <span class=\"_ _3\"></span>ragionevo<span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>certezza<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>eser<span class=\"_ _0\"></span>citare <span class=\"_ _4\"></span>tale <span class=\"_ _3\"></span>opzione, <span class=\"_ _4\"></span>sia <span class=\"_ _4\"></span>i <span class=\"_ _3\"></span>perio<span class=\"_ _4\"></span><span class=\"ff4\">di <span class=\"_ _3\"></span>coper<span class=\"_ _0\"></span>ti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>dall\u2019opzione di risoluzione de<span class=\"_ _0\"></span>l leasing qualor<span class=\"_ _0\"></span>a vi sia la ragionevole <span class=\"_ _0\"></span>certezza di non ese<span class=\"_ _0\"></span>rcitare tale op<span class=\"_ _0\"></span>zione.<span class=\"_ _75\"> </span><span class=\"_ _0\"></span><span class=\"ff4\"> </span>Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>ha <span class=\"_ _0\"></span>la <span class=\"_ _4\"></span>possibilit\u00e0, <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>alcuni <span class=\"_ _3\"></span>dei <span class=\"_ _4\"></span>suoi <span class=\"_ _0\"></span>leasing, <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>prolungare <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>o <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>concluder<span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>anticipatamente. <span class=\"_ _5\"></span>Il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _4\"></span>applica <span class=\"_ _3\"></span>il<span class=\"_ _75\"> </span> proprio <span class=\"_ _0\"></span>giudizio <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>valutare <span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>vi <span class=\"_ _3\"></span>sia <span class=\"_ _0\"></span>la <span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>ionevole <span class=\"_ _3\"></span>certezza <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>eser<span class=\"_ _0\"></span>citare <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>opzioni <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>rinnovo. <span class=\"_ _3\"></span>Ci\u00f2 <span class=\"_ _3\"></span>detto, <span class=\"_ _4\"></span>il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>considera <span class=\"_ _3\"></span>tutti <span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span><span class=\"_ _0\"></span> fattori rilevati <span class=\"_ _0\"></span>che possano<span class=\"_ _0\"></span> comportar<span class=\"_ _0\"></span>e un <span class=\"_ _0\"></span>incentivo econo<span class=\"_ _0\"></span>mico ad esercitar<span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>opzioni di <span class=\"_ _0\"></span>rinnovo o a <span class=\"_ _0\"></span>concludere <span class=\"_ _0\"></span>il contratt<span class=\"_ _3\"></span>o. <span class=\"_ _0\"></span>Dopo la<span class=\"_ _75\"> </span> data <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>decorrenza, <span class=\"_ _9\"> </span>il <span class=\"_ _4\"></span>Gruppo<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>rivede <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>stime<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>circa<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>durata<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _5\"></span>leasing <span class=\"_ _4\"></span>nel<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>caso <span class=\"_ _9\"> </span>in <span class=\"_ _4\"></span>cui <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>prese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti <span class=\"_ _4\"></span>un <span class=\"_ _5\"></span>significativo<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>eve<span class=\"_ _0\"></span>nto <span class=\"_ _4\"></span>o<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>una<span class=\"_ _75\"> </span> significativa <span class=\"_ _4\"></span>modifica <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>circostanze <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>sotto <span class=\"_ _3\"></span>il <span class=\"_ _4\"></span>proprio <span class=\"_ _4\"></span>controllo <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>che <span class=\"_ _4\"></span>possono <span class=\"_ _4\"></span>influire <span class=\"_ _4\"></span>sulla <span class=\"_ _4\"></span>capacit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>esercitar<span class=\"_ _0\"></span>e<span class=\"_ _3\"></span> <span class=\"_ _4\"></span>(o <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>non<span class=\"_ _75\"> </span> esercitare) <span class=\"_ _9\"> </span>l\u2019opzione <span class=\"_ _5\"></span>di <span class=\"_ _5\"> </span>rinno<span class=\"_ _0\"></span>vo <span class=\"_ _9\"> </span>o <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>cancellazione <span class=\"_ _5\"> </span>an<span class=\"_ _0\"></span>ticipata <span class=\"_ _9\"> </span>(ad <span class=\"_ _5\"></span>esempio,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>invest<span class=\"_ _0\"></span>imen<span class=\"_ _0\"></span><span class=\"ff4\">ti <span class=\"_ _9\"> </span>in <span class=\"_ _5\"></span>migliorie <span class=\"_ _9\"> </span>sui <span class=\"_ _5\"></span>beni <span class=\"_ _9\"> </span>in <span class=\"_ _5\"></span>leasing<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>o <span class=\"_ _9\"> </span>rilevanti<span class=\"_ _75\"> </span></span><span class=\"ff4\"> </span>modifiche specifiche sul be<span class=\"_ _0\"></span>ne in leasing)<span class=\"_ _0\"></span> (si veda par<span class=\"_ _0\"></span>agrafo 3.4 <span class=\"ff6\">\u201cLe<span class=\"_ _0\"></span>ases\u201d</span>).<span class=\"_ _75\"> </span> 1.8.2<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff7\">Stime e assunzio<span class=\"_ _0\"></span>ni </span></span>Sono di seg<span class=\"_ _0\"></span>uito <span class=\"_ _0\"></span>illustrate le<span class=\"_ _0\"></span> assu<span class=\"_ _0\"></span>nzioni principali<span class=\"_ _0\"></span> riguarda<span class=\"_ _0\"></span>nti il futur<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>e le <span class=\"_ _0\"></span>altre pr<span class=\"_ _0\"></span>incipali cause <span class=\"_ _0\"></span>d\u2019ince<span class=\"_ _0\"></span>rtezza <span class=\"_ _0\"></span>valutativa<span class=\"_ _3\"></span><span class=\"ff4\"> che,<span class=\"_ _0\"></span> alla da<span class=\"_ _0\"></span>ta di<span class=\"_ _0\"></span> </span>chiusura <span class=\"_ _0\"></span>dell\u2019eserci<span class=\"_ _0\"></span>zio, <span class=\"_ _0\"></span>presentan<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>rischio <span class=\"_ _0\"></span>rilevan<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r <span class=\"_ _0\"></span>luog<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>rettifiche <span class=\"_ _0\"></span>signifi<span class=\"_ _0\"></span>cative <span class=\"_ _0\"></span>dei<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>valori <span class=\"_ _3\"></span>cont<span class=\"_ _3\"></span><span class=\"ff4\">abili <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>passivit\u00e0<span class=\"_ _0\"></span> </span>entro <span class=\"_ _2\"></span>l\u2019esercizio successivo. <span class=\"_ _2\"></span><span class=\"ff4\">Il Gruppo <span class=\"_ _2\"></span>ha <span class=\"_ _2\"></span>basato <span class=\"_ _2\"></span>le proprie <span class=\"_ _8\"></span>stime ed <span class=\"_ _2\"></span>assunzioni <span class=\"_ _2\"></span>su parametri <span class=\"_ _2\"></span>disponibili al <span class=\"_ _8\"></span>momen<span class=\"_ _0\"></span>to <span class=\"_ _2\"></span>della preparazione </span>del <span class=\"_ _0\"></span>bilancio <span class=\"_ _3\"></span><span class=\"ff6\">d\u2019ese<span class=\"_ _0\"></span>rcizio</span>. <span class=\"_ _3\"></span>Tuttavia, <span class=\"_ _3\"></span>le <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>uali <span class=\"_ _0\"></span>circo<span class=\"_ _0\"></span>stanze <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>assunzioni <span class=\"_ _3\"></span>su <span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nti <span class=\"_ _3\"></span><span class=\"ls4\">futu</span>ri <span class=\"_ _3\"></span>potrebbero <span class=\"_ _3\"></span>modificarsi <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>causa <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cambiamenti<span class=\"_ _0\"></span> nel mercato <span class=\"_ _2\"></span>o di <span class=\"_ _8\"></span>ac<span class=\"_ _0\"></span>cadimenti non controllabili dal <span class=\"_ _2\"></span>Gruppo. Tali cambiamenti, qualora <span class=\"_ _2\"></span>avvengano, sono riflessi <span class=\"_ _2\"></span>nelle assunzioni quando avvengono. Accantonamento per perdite<span class=\"_ _0\"></span> attese su cred<span class=\"_ _0\"></span>iti commerciali<span class=\"_ _0\"></span> ed acca<span class=\"_ _0\"></span>ntonamento a fon<span class=\"_ _0\"></span>do svalutazione mag<span class=\"_ _0\"></span>azzino<span class=\"_ _0\"></span> Il <span class=\"_ _4\"></span>Gruppo <span class=\"_ _5\"> </span>utilizza <span class=\"_ _5\"></span>un <span class=\"_ _5\"></span>metodo <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>matrice <span class=\"_ _4\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _4\"></span>calcolare <span class=\"_ _5\"></span>le <span class=\"_ _5\"></span>ECL <span class=\"_ _4\"></span>per <span class=\"_ _5\"></span>i <span class=\"_ _4\"></span>cr<span class=\"_ _0\"></span>editi <span class=\"_ _4\"></span>commer<span class=\"_ _0\"></span>ciali. <span class=\"_ _4\"></span>Le <span class=\"_ _5\"></span>aliquote <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>accanton<span class=\"_ _0\"></span>amento <span class=\"_ _5\"></span>s<span class=\"_ _0\"></span><span class=\"ls3\">ono</span> <span class=\"_ _5\"></span>infatti determinate <span class=\"_ _9\"> </span>principalmente <span class=\"_ _5\"></span>sulle<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>prob<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>default <span class=\"_ _5\"> </span>del <span class=\"_ _9\"> </span>settore <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>riferimento <span class=\"_ _9\"> </span>ma <span class=\"_ _5\"></span>anche <span class=\"_ _9\"> </span>in <span class=\"_ _5\"> </span>ba<span class=\"_ _0\"></span>se <span class=\"_ _9\"> </span>al <span class=\"_ _5\"></span>tasso <span class=\"_ _5\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>insol<span class=\"_ _0\"></span>venza <span class=\"_ _5\"></span>st<span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>ico osservato dalle Soc<span class=\"_ _0\"></span>iet\u00e0 del Gruppo<span class=\"_ _0\"></span>. Ad ogni data di riferimento, i ta<span class=\"_ _0\"></span>ssi di insolvenza storici vengono a<span class=\"_ _0\"></span>ggiornati e ven<span class=\"_ _0\"></span>gono analizzati i cambiam<span class=\"_ _0\"></span>enti nelle stime <span class=\"_ _3\"></span>su elementi previsionali. La <span class=\"_ _8\"></span>valutazione<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>della <span class=\"_ _8\"></span>cor<span class=\"_ _0\"></span>relazione <span class=\"_ _8\"></span>tr<span class=\"_ _0\"></span>a <span class=\"_ _8\"></span>i <span class=\"_ _8\"></span>tassi <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>insolvenza<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>storici, <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>co<span class=\"_ _0\"></span>ndizioni <span class=\"_ _8\"></span>econom<span class=\"_ _0\"></span>iche <span class=\"_ _8\"></span>previsionali<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>ECL <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _8\"></span>una <span class=\"_ _8\"></span>sti<span class=\"_ _3\"></span>ma <span class=\"_ _8\"></span>significati<span class=\"_ _0\"></span>va. L\u2019ammontare <span class=\"_ _0\"></span>di ECL <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _0\"></span>sensibile <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>cambiamenti <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>circostanze <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>delle condi<span class=\"_ _0\"></span>zioni e<span class=\"_ _0\"></span>conomiche pr<span class=\"_ _0\"></span>eviste. <span class=\"_ _0\"></span>Anche l'e<span class=\"_ _4\"></span><span class=\"ff4\">sperienza storica </span>sull\u2019andamento <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>perdite <span class=\"_ _3\"></span>su <span class=\"_ _3\"></span>cred<span class=\"_ _0\"></span>ito <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll<span class=\"ff4\">e <span class=\"_ _3\"></span>Societ\u00e0 <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>previsione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _0\"></span>condi<span class=\"_ _0\"></span>zioni <span class=\"_ _3\"></span>economiche <span class=\"_ _3\"></span>future <span class=\"_ _3\"></span>potr<span class=\"_ _0\"></span>ebbero <span class=\"_ _3\"></span>non </span>essere rappresenta<span class=\"_ _0\"></span>tive dell\u2019insolvenza e<span class=\"_ _0\"></span>ffettiva del cliente in fu<span class=\"_ _0\"></span>turo.<span class=\"_ _0\"></span><span class=\"ff4\">  </span>Ad ogni da<span class=\"_ _0\"></span>ta di <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>il Gr<span class=\"_ _0\"></span>uppo pr<span class=\"_ _0\"></span>ovvede a <span class=\"_ _0\"></span>verificare <span class=\"_ _0\"></span>eventuali perdite<span class=\"_ _0\"></span> di valor<span class=\"_ _0\"></span>e relative <span class=\"_ _0\"></span>alle rima<span class=\"_ _0\"></span>nenze in <span class=\"_ _0\"></span>giacenza. Tale <span class=\"_ _0\"></span>attivit\u00e0 viene <span class=\"_ _0\"></span>eseguita <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>livello <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>lotto <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>produzione <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>fa <span class=\"_ _0\"></span>rifer<span class=\"_ _0\"></span>mento <span class=\"_ _0\"></span>oltre <span class=\"_ _3\"></span>che <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>scadenza <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>materiale <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>eventuali <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>c<span class=\"_ _3\"></span>onformit\u00e0<span class=\"_ _0\"></span> dei prodotti. Piani a benefici definiti (fondi p<span class=\"_ _0\"></span>ensione)<span class=\"_ _0\"></span> Il costo <span class=\"_ _8\"></span>dei piani pensionistici <span class=\"_ _8\"></span>a benefici definiti <span class=\"_ _8\"></span>e degli altri <span class=\"_ _2\"></span>benefici successivi <span class=\"_ _8\"></span>al rapporto di <span class=\"_ _2\"></span>lavoro ed <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>valor<span class=\"_ _0\"></span>e att<span class=\"ff6\">uale dell\u2019obbligazione </span>per  benefici <span class=\"_ _7\"> </span>definiti  sono  determinati <span class=\"_ _7\"> </span>utilizzando<span class=\"_ _0\"></span>  valutazioni <span class=\"_ _7\"> </span>attua<span class=\"_ _0\"></span>riali.  La <span class=\"_ _7\"> </span>valutazione  attuariale  richied<span class=\"_ _0\"></span><span class=\"ff6\">e  l\u2019elaborazione  di  varie </span>assunzioni <span class=\"_ _2\"></span>che <span class=\"_ _2\"></span>possono differire <span class=\"_ _8\"></span>d<span class=\"_ _0\"></span>agli <span class=\"_ _2\"></span>effettivi <span class=\"_ _2\"></span>sviluppi futuri. <span class=\"_ _8\"></span>Queste assunzioni <span class=\"_ _8\"></span>includono la <span class=\"_ _8\"></span>deter<span class=\"_ _0\"></span>minazione del <span class=\"_ _8\"></span>tasso di sconto, <span class=\"_ _8\"></span>i futuri incrementi <span class=\"_ _3\"></span>salariali, <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>tassi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mor<span class=\"_ _0\"></span>talit\u00e0 <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>futuro <span class=\"_ _4\"></span>incremento <span class=\"_ _0\"></span>delle <span class=\"_ _4\"></span>pensioni. <span class=\"_ _0\"></span>A <span class=\"_ _3\"></span>caus<span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>del<span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>complessit\u00e0 <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>valutazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>sua<span class=\"_ _0\"></span> natura <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>lungo <span class=\"_ _4\"></span>ter<span class=\"_ _0\"></span>mine, <span class=\"_ _4\"></span>tali <span class=\"_ _4\"></span>stim<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>estr<span class=\"_ _0\"></span>emante <span class=\"_ _4\"></span>sensib<span class=\"_ _0\"></span>ili <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>ca<span class=\"_ _0\"></span>mbiamenti <span class=\"_ _4\"></span>nelle <span class=\"_ _4\"></span>as<span class=\"_ _0\"></span>sunzioni. <span class=\"_ _9\"> </span>Tutte <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>assunzion<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>riv<span class=\"_ _0\"></span>iste <span class=\"_ _4\"></span>con periodicit\u00e0 annuale.<span class=\"_ _0\"></span> Imposte Le societ\u00e0 <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo sono <span class=\"_ _0\"></span>sottoposte <span class=\"_ _0\"></span>al regime <span class=\"_ _0\"></span>fiscale e <span class=\"_ _0\"></span>tributario italiano<span class=\"_ _0\"></span>. Gli <span class=\"_ _0\"></span>amministratori <span class=\"_ _0\"></span>nella de<span class=\"_ _0\"></span>finizione del <span class=\"_ _0\"></span>reddito impon<span class=\"_ _0\"></span>ibile e <span class=\"_ _2\"></span>quindi <span class=\"_ _2\"></span>nella <span class=\"_ _2\"></span>quantificazione<span class=\"_ _0\"></span> delle <span class=\"_ _8\"></span>imposte da <span class=\"_ _8\"></span>liqu<span class=\"_ _0\"></span>idare interpretano <span class=\"_ _8\"></span>tali normative. <span class=\"_ _2\"></span>Le <span class=\"_ _2\"></span>attivit\u00e0 fiscali <span class=\"_ _2\"></span>differite <span class=\"_ _2\"></span>sono rilevate per <span class=\"_ _8\"></span>le<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>perdite fiscali non utilizzate, nella misur<span class=\"_ _0\"></span>a in cui \u00e8 pro<span class=\"_ _0\"></span><span class=\"ff6\">babile che in futur<span class=\"_ _0\"></span>o vi sar\u00e0 un utile imponibile tale da<span class=\"_ _0\"></span> permettere l\u2019utilizzo delle pe<span class=\"_ _0\"></span>rdite. \u00c8 </span>richiesta un\u2019attivit\u00e0 di<span class=\"_ _0\"></span> stima r<span class=\"_ _0\"></span>ilevante da par<span class=\"_ _0\"></span>te della direzione<span class=\"_ _0\"></span> azien<span class=\"_ _0\"></span>dale per determinar<span class=\"_ _0\"></span>e l\u2019ammontar<span class=\"_ _0\"></span>e delle attivit\u00e0 f<span class=\"_ _0\"></span>iscal<span class=\"_ _0\"></span><span class=\"ff4\">i<span class=\"_ _0\"></span> che possono<span class=\"_ _0\"></span> </span>essere rilevate sulla base d<span class=\"_ _0\"></span>el livello di utili imponibili futuri, sulla tempistica della lor<span class=\"_ _0\"></span>o manifestazion<span class=\"_ _0\"></span>e e sulle strategie di pianificazione fiscale applicabili. <span class=\"_ _0\"></span> Riduzioni di valore di attivit\u00e0 no<span class=\"_ _0\"></span>n finanziarie<span class=\"_ _0\"></span> U<span class=\"ff6\">na riduzione <span class=\"_ _0\"></span>di valor<span class=\"_ _0\"></span>e si ver<span class=\"_ _0\"></span>ifica quando <span class=\"_ _0\"></span>il valore <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>di un\u2019attivit\u00e0 o <span class=\"_ _0\"></span>unit\u00e0 gene<span class=\"_ _0\"></span>ratrice di <span class=\"_ _0\"></span>flussi di cassa <span class=\"_ _0\"></span>eccede <span class=\"_ _0\"></span>il<span class=\"_ _0\"></span></span> pr<span class=\"_ _0\"></span>oprio valore recuperabile, che \u00e8 il maggiore tra il suo <span class=\"_ _2\"></span>fair value dedotti i costi di vendita e il suo valore d\u2019uso. Il calcolo del valore d\u2019uso \u00e8 basato su un modello di attualizzazione <span class=\"_ _2\"></span>dei flussi di cassa. <span class=\"_ _2\"></span>Il valore recuperabile dipende sensibilmente dal <span class=\"_ _2\"></span>tasso di sconto utilizzato nel modello di attualizzazione dei flussi di cas<span class=\"_ _0\"></span>sa, cos\u00ec come dai flussi di cassa attesi in futur<span class=\"_ _0\"></span>o <span class=\"ff6\">e d<span class=\"_ _0\"></span>al tasso di crescita utilizzato per l\u2019estrapolazione.<span class=\"_ _0\"></span> </span>Le <span class=\"_ _2\"></span>assunzioni <span class=\"_ _2\"></span>chiave <span class=\"_ _2\"></span>utilizzate per <span class=\"_ _2\"></span>determinare il <span class=\"_ _8\"></span>valore <span class=\"ff6\">recuperabile <span class=\"_ _2\"></span>per <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>diverse <span class=\"_ _2\"></span>unit\u00e0 generatrici <span class=\"_ _8\"></span>di flussi <span class=\"_ _8\"></span>di cassa, <span class=\"_ _8\"></span>inclusa un\u2019analisi </span>di <span class=\"_ _8\"></span>sensitiv<span class=\"_ _0\"></span>it\u00e0, <span class=\"_ _8\"></span>sono dettagliatamente <span class=\"_ _2\"></span>descritte <span class=\"_ _2\"></span>alla <span class=\"_ _8\"></span>nota<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>3.1 <span class=\"_ _2\"></span><span class=\"ff6\">\u201c<span class=\"ff3\">Immobili, impianti <span class=\"_ _8\"></span>e <span class=\"_ _8\"></span>macc<span class=\"_ _0\"></span>hinari<span class=\"ff6 ls5\">\u201d <span class=\"_ _2\"></span><span class=\"ls0\">ed <span class=\"_ _8\"></span>alla <span class=\"_ _2\"></span>nota 3.2 <span class=\"_ _8\"></span>\u201c<span class=\"ff3\">Avviamento</span><span class=\"ls5\">\u201d <span class=\"_ _2\"></span><span class=\"ff4 ls0\">delle <span class=\"_ _2\"></span>presenti </span></span></span></span></span></span>Note illustrative. Aggregazioni aziendali ed avviam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span><span class=\"ff4\"> </span>Cos\u00ec <span class=\"_ _8\"></span>come <span class=\"_ _8\"></span>pi\u00f9<span class=\"_ _0\"></span> <span class=\"_ _8\"></span>dettagliatamente <span class=\"_ _2\"></span>esposto <span class=\"_ _8\"></span>al <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ragrafo <span class=\"_ _2\"></span><span class=\"ls3\">1.4.<span class=\"ls0\">1 <span class=\"_ _8\"></span>inerente <span class=\"_ _2\"></span>il <span class=\"_ _8\"></span>trattamen<span class=\"_ _0\"></span>to <span class=\"_ _8\"></span>contabile <span class=\"_ _8\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _8\"></span>aggr<span class=\"_ _0\"></span>egazioni <span class=\"_ _8\"></span>aziendali <span class=\"_ _2\"></span>ed <span class=\"_ _8\"></span>avviamento,<span class=\"_ _0\"></span> </span></span>gli <span class=\"_ _0\"></span>amm<span class=\"_ _0\"></span>inistratori <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>sede <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>i) <span class=\"_ _3\"></span>allocazione <span class=\"_ _3\"></span>delle <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _0\"></span>nette<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>acqui<span class=\"_ _0\"></span>site <span class=\"_ _3\"></span>alle <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>elative<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>unit\u00e0 <span class=\"_ _3\"></span>generatrici <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cassa <span class=\"_ _0\"></span>(<span class=\"_ _0\"></span>CGU) <span class=\"_ _0\"></span>ii) <span class=\"_ _3\"></span>redazion<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>i piani <span class=\"_ _8\"></span>plurienn<span class=\"_ _0\"></span>ali <span class=\"_ _8\"></span>iii) <span class=\"_ _2\"></span>svolgimento <span class=\"_ _2\"></span>degli <span class=\"_ _2\"></span>impairment <span class=\"_ _2\"></span>test, <span class=\"_ _2\"></span>fanno <span class=\"_ _8\"></span>ricor<span class=\"_ _0\"></span>so <span class=\"_ _2\"></span>ad <span class=\"_ _8\"></span>assunzioni e <span class=\"_ _8\"></span>stime, <span class=\"_ _8\"></span>a volte <span class=\"_ _8\"></span>anche <span class=\"_ _2\"></span>complesse, <span class=\"_ _2\"></span>che <span class=\"_ _8\"></span>s<span class=\"_ _3\"></span>ono <span class=\"_ _8\"></span>sogge<span class=\"_ _0\"></span>tte<span class=\"_ _75\"> </span> al giudizio stesso degli am<span class=\"_ _0\"></span>ministratori. Le<span class=\"_ _0\"></span> principali assunzioni alla <span class=\"_ _0\"></span>base di tale attivit\u00e0 r<span class=\"_ _0\"></span>iguardano:<span class=\"_ _75\"> </span><span class=\"_ _3\"></span> \u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">allocazione dei valor<span class=\"_ _0\"></span>i contabili delle attivit\u00e0 e passi<span class=\"_ _0\"></span>vit\u00e0 alle singole <span class=\"_ _0\"></span>CGU<span class=\"ls4\">;  </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ls4\"><span class=\"_ _0\"></span></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">previsione dei flussi di cassa <span class=\"_ _0\"></span>futuri, per<span class=\"_ _0\"></span> il periodo esplicito del bu<span class=\"_ _0\"></span>siness plan di Gruppo<span class=\"_ _0\"></span><span class=\"ls4\">; </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"ls4\"><span class=\"_ _0\"></span></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei flussi di <span class=\"_ _0\"></span>cassa nor<span class=\"_ _0\"></span>malizzati alla base della stim<span class=\"_ _0\"></span>a del valore ter<span class=\"_ _0\"></span>minale<span class=\"_ _75\"> </span></span></span><span class=\"ff9\"><span class=\"ff4\"><span class=\"_ _0\"></span> </span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">determinazione dei tassi di cres<span class=\"_ _0\"></span>cita di lun<span class=\"_ _0\"></span>go periodo e di attualizza<span class=\"_ _0\"></span>zione applicati alle pr<span class=\"_ _0\"></span>evisioni dei flussi di cassa f<span class=\"_ _0\"></span>utu<span class=\"_ _0\"></span><span class=\"ls5\">ri<span class=\"_ _75\"> </span></span></span></span><span class=\"ff9\"><span class=\"ff4\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-290": {
   "value": " <span class=\"_ _1c\"> </span><span class=\"ff5\"> Ricavi der<span class=\"_ _0\"></span>ivanti da contr<span class=\"_ _0\"></span>atti con clienti </span>I <span class=\"_ _4\"></span>ricavi <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>31 <span class=\"_ _4\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>2025 <span class=\"_ _4\"></span>amm<span class=\"_ _0\"></span>ontano <span class=\"_ _4\"></span>ad <span class=\"_ _4\"></span>Euro <span class=\"_ _4\"></span><span class=\"ls3\">252.058.868</span>, <span class=\"_ _4\"></span>contro <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>Euro <span class=\"_ _5\"></span><span class=\"ls3\">243.752.830</span> <span class=\"_ _4\"></span><span class=\"ff6\">dell\u2019esercizio <span class=\"_ _4\"></span>precedente, <span class=\"_ _4\"></span>registrand<span class=\"_ _0\"></span>o </span>quindi un incremento<span class=\"_ _0\"></span> del 3,4%<span class=\"ls4\">. </span>Si for<span class=\"_ _0\"></span>nisce di seguito la suddivision<span class=\"_ _0\"></span>e per business u<span class=\"_ _0\"></span>nit e per area geogr<span class=\"_ _0\"></span>afica:<span class=\"_ _0\"></span> <table class=\"s w325 h27e\" id=\"_6b117000-19fe-4725-9ed4-487e303f89a1\"><tr><td class=\"c x195 y16a7 w1de h1e9\"><div class=\"t m0 x2b h2 y309 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x1d5 y16a7 w1df h1e9\"><div class=\"t m0 x27 h5 y309 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e3 y16a7 w1e0 h1e9\"><div class=\"t m0 x27 h5 y309 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x195 y16a8 w1de h1e9\"><div class=\"t m0 x2b h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\">Business Unit <span class=\"ff6\">\u2013</span> Nutra<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16a8 w1df h1e9\"><div class=\"t m0 x3e h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">136.106.591 </span> </div></td><td class=\"c x1e3 y16a8 w1e0 h1e9\"><div class=\"t m0 x3e h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">142.206.355 </span> </div></td></tr><tr><td class=\"c x195 y16a9 w1de h1ea\"><div class=\"t m0 x2b h4 y11ab ff4 fs0 fc1 sc0 ls0 ws0\">Business Unit - Pharma<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16a9 w1df h1ea\"><div class=\"t m0 x73 h4 y11ab ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">85.166.931 </span> </div></td><td class=\"c x1e3 y16a9 w1e0 h1ea\"><div class=\"t m0 x73 h4 y11ab ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">75.765.229 </span> </div></td></tr><tr><td class=\"c x195 y16aa w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Business Unit - Cosmetica<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16aa w1df hc\"><div class=\"t m0 x73 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">30.785.345 </span> </div></td><td class=\"c x1e3 y16aa w1e0 hc\"><div class=\"t m0 x73 h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">25.781.247 </span> </div></td></tr><tr><td class=\"c x195 y16ab w1de hc\"><div class=\"t m0 x2b h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">Totale ricavi <span class=\"_ _0\"></span>da contratti con clienti<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16ab w1df hc\"><div class=\"t m0 x3e h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">252.058.868 </span> </div></td><td class=\"c x1e3 y16ab w1e0 hc\"><div class=\"t m0 x3e h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">243.752.830 </span> </div></td></tr></table>Nel <span class=\"_ _5\"></span>corso <span class=\"_ _9\"> </span>del <span class=\"_ _5\"></span>2025 <span class=\"_ _9\"> </span>il <span class=\"_ _5\"></span>fatturato <span class=\"_ _9\"> </span>del <span class=\"_ _5\"></span>Gruppo <span class=\"_ _9\"> </span>nel <span class=\"_ _5\"></span>settore <span class=\"_ _9\"> </span>Nutra <span class=\"_ _9\"> </span>diminuisce, <span class=\"_ _5\"></span>passand<span class=\"_ _0\"></span>o <span class=\"_ _5\"></span>da <span class=\"_ _9\"> </span><span class=\"ls3\">142.206.355 <span class=\"_ _9\"> </span></span>Euro <span class=\"_ _5\"></span>al <span class=\"_ _5\"></span>31 <span class=\"_ _9\"> </span>dicembre <span class=\"_ _5\"> </span>202<span class=\"_ _0\"></span>4 <span class=\"_ _9\"> </span><span class=\"ls19\">a </span>136.106.591<span class=\"ls0\"> al <span class=\"_ _0\"></span>31 dicembr<span class=\"_ _0\"></span>e 2025, <span class=\"_ _0\"></span>registrando <span class=\"_ _0\"></span>un de<span class=\"_ _0\"></span>cremento de<span class=\"_ _0\"></span>l </span>4,3<span class=\"ls0\">%. Il <span class=\"_ _0\"></span>fatturato <span class=\"_ _0\"></span>della BU <span class=\"_ _0\"></span>Nutra <span class=\"_ _0\"></span>rappresenta<span class=\"_ _0\"></span> il <span class=\"_ _0\"></span>54% (2024: <span class=\"_ _0\"></span>58,3%) <span class=\"_ _0\"></span> </span>del fatturato complessivo del Gr<span class=\"_ _0\"></span>uppo.<span class=\"_ _0\"></span> Per quanto riguarda il <span class=\"_ _2\"></span>settore Pharma, che rappresenta il 33,8% <span class=\"_ _2\"></span>(2024: 31,1<span class=\"lsb\">%)</span> del fatturato complessivo, esso continua <span class=\"_ _2\"></span>a evidenziare una espansione <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>crescita<span class=\"_ _0\"></span> pari <span class=\"_ _0\"></span>al<span class=\"ff6 ls7\">l\u20191<span class=\"_ _0\"></span></span><span class=\"ls3\">2,4</span> %,<span class=\"_ _0\"></span> passando <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>75.<span class=\"_ _0\"></span>765.229 <span class=\"_ _0\"></span><span class=\"ff6\">Euro alla<span class=\"_ _0\"></span> chiusura <span class=\"_ _0\"></span>dell\u2019e<span class=\"_ _0\"></span>sercizio prece<span class=\"_ _0\"></span>dente a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span></span><span class=\"ls3\">85.166.931</span> Euro al 31 dicembre 202<span class=\"_ _0\"></span>5. Per quanto <span class=\"_ _0\"></span>riguarda <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ricavi della <span class=\"_ _0\"></span>Business <span class=\"_ _0\"></span>Unit Cosmeti<span class=\"_ _0\"></span>ca, <span class=\"_ _0\"></span>essi pa<span class=\"_ _0\"></span>ssano da<span class=\"_ _0\"></span> <span class=\"ls3\">25.781.247</span> <span class=\"_ _0\"></span>al 31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>2024<span class=\"_ _0\"></span> <span class=\"ls3\">a 30.785.345</span> <span class=\"_ _0\"></span>Euro alla data di chiusura dell\u2019eserci<span class=\"_ _0\"></span>zio<span class=\"ff4\">, re<span class=\"_ _0\"></span>gistrando una crescita de<span class=\"_ _0\"></span>l 19,4% <span class=\"_ _0\"></span> </span><table class=\"s w325 h27f\" id=\"_0f0e0374-73c6-42be-a04e-d878e38a5595\"><tr><td class=\"c x195 y16ac w1de hc\"><div class=\"t m0 x2b h2 y39 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x1d5 y16ac w1df hc\"><div class=\"t m0 x27 h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e3 y16ac w1e0 hc\"><div class=\"t m0 x27 h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x195 y16ad w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Ricavi Italia </div></td><td class=\"c x1d5 y16ad w1df hc\"><div class=\"t m0 x3e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">146.407.631 </span> </div></td><td class=\"c x1e3 y16ad w1e0 hc\"><div class=\"t m0 x3e h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">132.654.789 </span> </div></td></tr><tr><td class=\"c x195 y16ae w1de h1e9\"><div class=\"t m0 x2b h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\">Ricavi estero </div></td><td class=\"c x1d5 y16ae w1df h1e9\"><div class=\"t m0 x3e h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">105.651.237 </span> </div></td><td class=\"c x1e3 y16ae w1e0 h1e9\"><div class=\"t m0 x3e h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">111.098.041 </span> </div></td></tr><tr><td class=\"c x195 y16af w1de h1e9\"><div class=\"t m0 x2b h5 y309 ff5 fs0 fc1 sc0 ls0 ws0\">Totale ricavi <span class=\"_ _0\"></span>da contratti con clienti<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16af w1df h1e9\"><div class=\"t m0 x3e h5 y309 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">252.058.868 </span> </div></td><td class=\"c x1e3 y16af w1e0 h1e9\"><div class=\"t m0 x3e h5 y309 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">243.752.830 </span> </div></td></tr></table>Il <span class=\"_ _0\"></span>fatturato <span class=\"_ _3\"></span>del <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span><span class=\"ls3\">202</span>5 <span class=\"_ _3\"></span>risulta <span class=\"_ _0\"></span>ricond<span class=\"_ _0\"></span>ucibile <span class=\"_ _0\"></span>preva<span class=\"_ _0\"></span>lentemente <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>vendite <span class=\"_ _3\"></span>effettuate <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>confron<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>soggetti <span class=\"_ _3\"></span>aventi <span class=\"_ _3\"></span>Partita <span class=\"_ _0\"></span>Iva<span class=\"_ _0\"></span> italiana (5<span class=\"ls3\">8,1</span>%). ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-289": {
   "value": "Altri proventi<span class=\"ff7\"> </span>Al 31 dicem<span class=\"_ _0\"></span>bre 202<span class=\"_ _0\"></span>5 gl<span class=\"_ _0\"></span>i altri <span class=\"_ _0\"></span>proventi <span class=\"_ _0\"></span>del Gr<span class=\"_ _0\"></span>uppo amm<span class=\"_ _0\"></span>ontano ad <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span><span class=\"ls3\">1.404.036</span> contro <span class=\"_ _0\"></span>gli Euro <span class=\"_ _0\"></span>1.3<span class=\"_ _0\"></span>17.440 <span class=\"_ _0\"></span><span class=\"ff6\">dell\u2019esercizio </span>precede<span class=\"_ _0\"></span>nte<span class=\"lsa\">. </span>Di seguito se ne riporta un de<span class=\"_ _0\"></span>ttaglio:<span class=\"_ _0\"></span> <table class=\"s w326 h280\" id=\"_3d27ad3d-7475-4d3a-80d6-2ba66670446c\"><tr><td class=\"c x195 y16b0 w1de hc\"><div class=\"t m0 x2b h2 y39 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x1d5 y16b0 w1e1 hc\"><div class=\"t m0 x27 h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e3 y16b0 w1e2 hc\"><div class=\"t m0 x27 h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x195 y16b1 w1de h1e9\"><div class=\"t m0 x2b h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\">Certificati Bianchi<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16b1 w1e1 h1e9\"><div class=\"t m0 xea h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">385.605 </span> </div></td><td class=\"c x1e3 y16b1 w1e2 h1e9\"><div class=\"t m0 xea h4 y309 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">375.056 </span> </div></td></tr><tr><td class=\"c x195 y16b2 w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Altri proventi </div></td><td class=\"c x1d5 y16b2 w1e1 hc\"><div class=\"t m0 xea h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">533.745 </span> </div></td><td class=\"c x1e3 y16b2 w1e2 hc\"><div class=\"t m0 xea h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">604.146 </span> </div></td></tr><tr><td class=\"c x195 y16b3 w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Rettifiche svalutazione cred<span class=\"_ _0\"></span>iti e liqu<span class=\"_ _0\"></span>idit\u00e0 </div></td><td class=\"c x1d5 y16b3 w1e1 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">67.152 </span> </div></td><td class=\"c x1e3 y16b3 w1e2 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">25.673 </span> </div></td></tr><tr><td class=\"c x195 y16b4 w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Plusvalenze </div></td><td class=\"c x1d5 y16b4 w1e1 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">91.088 </span> </div></td><td class=\"c x1e3 y16b4 w1e2 hc\"><div class=\"t m0 xea h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">189.265 </span> </div></td></tr><tr><td class=\"c x195 y16b5 w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Risarcimento danno<span class=\"_ _0\"></span> </div></td><td class=\"c x1d5 y16b5 w1e1 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">12.494 </span> </div></td><td class=\"c x1e3 y16b5 w1e2 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">44.131 </span> </div></td></tr><tr><td class=\"c x195 y16b6 w1de hc\"><div class=\"t m0 x2b h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\">Sopravvenienze e abbuoni att<span class=\"_ _0\"></span>ivi </div></td><td class=\"c x1d5 y16b6 w1e1 hc\"><div class=\"t m0 xea h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">313.952 </span> </div></td><td class=\"c x1e3 y16b6 w1e2 hc\"><div class=\"t m0 xcf h4 y39 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">79.169 </span> </div></td></tr><tr><td class=\"c x195 y16b7 w1de hc\"><div class=\"t m0 x2b h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\">Totale altr<span class=\"_ _0\"></span>i proventi </div></td><td class=\"c x1d5 y16b7 w1e1 hc\"><div class=\"t m0 x2d h5 y39 ff5 fs0 fc1 sc0 ls3 ws0\">1.404.036<span class=\"ls0\"> </span></div></td><td class=\"c x1e3 y16b7 w1e2 hc\"><div class=\"t m0 x97 h5 y39 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.317.440 </span> </div></td></tr></table>I ricavi <span class=\"_ _0\"></span>da certificati <span class=\"_ _0\"></span>bianchi <span class=\"_ _0\"></span>derivano<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>principalmente <span class=\"_ _0\"></span><span class=\"ff6\">dall\u2019iscrizione<span class=\"_ _0\"></span> nell\u2019attivo <span class=\"_ _0\"></span>circolante de<span class=\"_ _0\"></span>i titoli <span class=\"_ _0\"></span>di ef<span class=\"_ _0\"></span>ficienza ener<span class=\"_ _0\"></span>getica matur<span class=\"_ _0\"></span>ati dalla </span>Societ\u00e0 <span class=\"_ _3\"></span>nel <span class=\"_ _4\"></span>2025 <span class=\"_ _4\"></span><span class=\"ff6\">in <span class=\"_ _3\"></span>seguito <span class=\"_ _4\"></span>all\u2019installazione <span class=\"_ _4\"></span>dei <span class=\"_ _3\"></span>cogenerato<span class=\"_ _0\"></span>ri <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>esso <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>stabilimenti <span class=\"_ _3\"></span>di <span class=\"_ _4\"></span>Verdellino <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>Brem<span class=\"_ _0\"></span>bate. <span class=\"_ _4\"></span></span>Il <span class=\"_ _4\"></span>numero <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>TEE <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l 202<span class=\"ls0\">5 \u00e8 stato quantitativamente stimato dalla Societ\u00e0, anche <span class=\"_ _2\"></span>con il supporto di consulenti esperti in <span class=\"_ _2\"></span>materia. Il valore assegnato ai <span class=\"_ _2\"></span>titoli </span>\u00e8 <span class=\"ls0\">pari al cosiddetto minimo g<span class=\"_ _0\"></span>arantito di r<span class=\"_ _0\"></span>itiro, cos\u00ec come disciplinato<span class=\"_ _0\"></span> dalla convenzione so<span class=\"_ _0\"></span>tto<span class=\"_ _0\"></span>scritta tra Fine <span class=\"_ _0\"></span>Foods ed il GSE. </span>Gli Altri proventi includono pr<span class=\"_ _0\"></span>incipalmente<span class=\"_ _0\"></span> <span class=\"ff6\">la quota di com<span class=\"_ _0\"></span>petenza dell\u2019esercizio dei<span class=\"_ _0\"></span></span> contr<span class=\"_ _0\"></span>ibuti ricevuti a titolo d<span class=\"_ _0\"></span>i credito di imposta.<span class=\"_ _0\"></span>  La <span class=\"_ _0\"></span>voce <span class=\"_ _3\"></span>\u201cSopravven<span class=\"_ _0\"></span>ienze <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>abbu<span class=\"_ _0\"></span>oni <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>ivi\u201d <span class=\"_ _0\"></span>\u00e8<span class=\"_ _0\"></span><span class=\"ff4\"> <span class=\"_ _3\"></span>riconducibile <span class=\"_ _3\"></span>principalmente <span class=\"_ _3\"></span>alla <span class=\"_ _3\"></span>controllata <span class=\"_ _3\"></span>Fine <span class=\"_ _3\"></span>Cosmetics <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>costituita <span class=\"_ _3\"></span>dallo <span class=\"_ _3\"></span>storno </span>integrale <span class=\"_ _2\"></span>del <span class=\"_ _8\"></span>\u201cfondo TFM <span class=\"_ _8\"></span>amministratore\u201d<span class=\"_ _0\"></span>. <span class=\"_ _8\"></span>Nel <span class=\"_ _2\"></span>corso <span class=\"_ _2\"></span>dell\u2019esercizio <span class=\"_ _8\"></span>20<span class=\"_ _0\"></span>25, <span class=\"_ _2\"></span>infatti, <span class=\"_ _8\"></span>il <span class=\"_ _2\"></span>\u201cfondo <span class=\"_ _2\"></span>TFM <span class=\"_ _8\"></span>am<span class=\"_ _0\"></span>ministratore\u201d <span class=\"_ _2\"></span>\u00e8 <span class=\"_ _2\"></span>stato <span class=\"_ _8\"></span>azzer<span class=\"_ _3\"></span><span class=\"ff4\">ato <span class=\"_ _2\"></span>in <span class=\"_ _8\"></span>quanto<span class=\"_ _0\"></span> </span>il <span class=\"_ _4\"></span>precedente<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>amministrato<span class=\"_ _0\"></span>re, <span class=\"_ _4\"></span>in <span class=\"_ _5\"></span>carica <span class=\"_ _5\"></span>fino <span class=\"_ _4\"></span>all\u2019acqu<span class=\"_ _0\"></span>isizione <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>Societ\u00e0 <span class=\"_ _4\"></span>da <span class=\"_ _5\"></span>parte <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>C<span class=\"_ _0\"></span><span class=\"ff4\">apogrup<span class=\"_ _0\"></span>po <span class=\"_ _4\"></span>F<span class=\"_ _0\"></span>ine <span class=\"_ _4\"></span>Foods, <span class=\"_ _5\"></span>ha <span class=\"_ _5\"></span>formalmente </span>rinunciato al proprio diritto a<span class=\"_ _0\"></span>ll\u2019indennit\u00e0 di fine man<span class=\"_ _0\"></span>dato maturata.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-291": {
   "value": "Costi per m<span class=\"_ _0\"></span>aterie prime, variazione dell<span class=\"_ _0\"></span>e rimanenze dei prod<span class=\"_ _0\"></span>otti finiti e dei prodot<span class=\"_ _0\"></span>ti in corso di lavorazione. <span class=\"_ _3\"></span> Al 31 dicembre 2025 i co<span class=\"_ _0\"></span>sti per mater<span class=\"_ _0\"></span>ie prime e materiale di consu<span class=\"_ _0\"></span>mo, al <span class=\"_ _0\"></span><span class=\"ls3\">netto della variazione delle rimanenze, ammontano ad Euro </span>139.240.012<span class=\"ls0\"> <span class=\"_ _7\"> </span>contro  gli <span class=\"_ _9\"> </span>Euro  </span>141.306<span class=\"ls4\">.6</span>63<span class=\"ls0\"> <span class=\"_ _9\"> </span><span class=\"ff6\">de<span class=\"_ _0\"></span>ll\u2019esercizio <span class=\"_ _7\"> </span>precedente<span class=\"_ _0\"></span>,  </span>registrando <span class=\"_ _7\"> </span>un <span class=\"_ _7\"> </span>decremento  </span>de<span class=\"ff6 ls0\">ll\u20191,5<span class=\"ff4\">%<span class=\"ls4\">. <span class=\"_ _9\"> </span></span></span>L\u2019inc<span class=\"_ _0\"></span>idenza <span class=\"_ _7\"> </span>dei <span class=\"_ _7\"> </span>costi </span>connessi all\u2019acquisto di mate<span class=\"_ _0\"></span>rie sui ricavi da contr<span class=\"_ _0\"></span>atti con clienti (5<span class=\"_ _3\"></span><span class=\"ff4\">5,2%) \u00e8 in calo rispetto al <span class=\"_ _0\"></span>valore registrato ne<span class=\"_ _0\"></span>l 2024<span class=\"_ _0\"></span> (<span class=\"ls3\">58</span>,0%).  </span>Di seguito se ne riporta la com<span class=\"_ _0\"></span>posizione:<span class=\"_ _0\"></span><span class=\"ff5\"> </span><table class=\"s w327 h281\" id=\"_e210fec5-d89f-4c3d-8ee6-4bab17a4b429\"><tr><td class=\"c x195 y16b8 w1e4 h3b\"><div class=\"t m0 x2b h4 y31b ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>)<span class=\"ff4\"> </span></div></td><td class=\"c x1e4 y16b8 w1e5 h3b\"><div class=\"t m0 x68 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x1e5 y16b8 w1e6 h3b\"><div class=\"t m0 x68 h5 y31b ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x195 y16b9 w1e4 h3b\"><div class=\"t m0 x2b h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">Acquisto merci </div></td><td class=\"c x1e4 y16b9 w1e5 h3b\"><div class=\"t m0 x27 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">138.403.444 </span> </div></td><td class=\"c x1e5 y16b9 w1e6 h3b\"><div class=\"t m0 x27 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">127.345.186 </span> </div></td></tr><tr><td class=\"c x195 y16ba w1e4 h3b\"><div class=\"t m0 x2b h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">Materie sussidiarie e mater<span class=\"_ _0\"></span>iale di consumo<span class=\"_ _0\"></span> </div></td><td class=\"c x1e4 y16ba w1e5 h3b\"><div class=\"t m0 x77 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">3.882.581 </span> </div></td><td class=\"c x1e5 y16ba w1e6 h3b\"><div class=\"t m0 x77 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">3.419.377 </span> </div></td></tr><tr><td class=\"c x195 y16bb w1e4 h3b\"><div class=\"t m0 x2b h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">Variazione rimanenze<span class=\"_ _0\"></span> </div></td><td class=\"c x1e4 y16bb w1e5 h3b\"><div class=\"t m0 xf h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">2.882.635</span>)  </div></td><td class=\"c x1e5 y16bb w1e6 h3b\"><div class=\"t m0 x3f h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">10.606.966 </span> </div></td></tr><tr><td class=\"c x195 y16bc w1e4 h3b\"><div class=\"t m0 x2b h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">Obsolescenza </div></td><td class=\"c x1e4 y16bc w1e5 h3b\"><div class=\"t m0 x53 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">163.379</span>)  </div></td><td class=\"c x1e5 y16bc w1e6 h3b\"><div class=\"t m0 x54 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">64.865</span>)  </div></td></tr><tr><td class=\"c x197 y16be w328 h282\"><div class=\"t m0 x196 h4 y16bd ff4 fs0 fc1 sc0 ls0 ws0\">Totale  costi <span class=\"_ _7\"> </span>per  consumo <span class=\"_ _7\"> </span>materie  prime, <span class=\"_ _7\"> </span>variazione  delle <span class=\"_ _7\"> </span>rimanenze  dei</div></td><td class=\"c x1e4 y16bf w1e5 h1ec\"><div class=\"t m0 x27 h5 y56e ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">139.240.012 </span> </div></td><td class=\"c x1e5 y16bf w1e6 h1ec\"><div class=\"t m0 x27 h5 y56e ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">141.306.663 </span> </div></td></tr><tr><td class=\"c x197 y16c0 w329 h283\"><div class=\"t m0 x196 h5 y15f5 ff4 fs0 fc1 sc0 ls0 ws0\">prodotti finiti e dei prodott<span class=\"_ _0\"></span>i in corso di lavor<span class=\"_ _0\"></span>azione<span class=\"_ _75\"> </span></div></td><td></td><td></td></tr></table>Si precisa che nella voce Variazione delle rimanenze di materie prime, sussidiarie e di consumo e merci sono inclusi gli effe<span class=\"_ _0\"></span>tti a conto economico della <span class=\"_ _2\"></span>movimentazione<span class=\"_ _0\"></span> del <span class=\"_ _2\"></span>fondo svalutazione di <span class=\"_ _2\"></span>magazzino<span class=\"_ _0\"></span> per la <span class=\"_ _8\"></span>cui movimentazione si rimanda a <span class=\"_ _8\"></span>qu<span class=\"_ _0\"></span>anto contenuto <span class=\"_ _2\"></span>nella nota \u201c3.8 Rimanenze\u201d<span class=\"_ _0\"></span><span class=\"ff4\">. </span> <span class=\"_ _71\"> </span><span class=\"ff5\"> Costi del per<span class=\"_ _0\"></span>sonale </span>Al <span class=\"_ _4\"></span>31 <span class=\"_ _5\"> </span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _5\"></span>2025<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>i <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span>sonale <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _5\"></span>ammontano <span class=\"_ _9\"> </span>ad <span class=\"_ _4\"></span>Euro <span class=\"_ _9\"> </span><span class=\"ls3\">52<span class=\"ls4\">.468.547</span></span> <span class=\"_ _5\"></span>contro <span class=\"_ _5\"></span>gli <span class=\"_ _5\"></span>Euro <span class=\"_ _9\"> </span><span class=\"ls3\">47.623.798</span> <span class=\"_ _4\"></span><span class=\"ff6\">dell\u2019eserci<span class=\"_ _0\"></span>zio </span>precedente, con un increm<span class=\"_ _0\"></span>ento del <span class=\"ls3\">10,2<span class=\"_ _0\"></span></span>%. Di seguito se ne riporta<span class=\"_ _0\"></span> un dettaglio:<span class=\"_ _0\"></span> <table class=\"s w32a h284\" id=\"_6eaa002e-ee87-4e67-9964-93d8bf18e247\"><tr><td class=\"c x195 y16c1 w1e7 h1b8\"><div class=\"t m0 x2b hb3 y50c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1e6 y16c1 w1e8 h1b8\"><div class=\"t m0 x60 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1e7 y16c1 w1e9 h1b8\"><div class=\"t m0 x60 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16c2 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Salari e stipendi </div></td><td class=\"c x1e6 y16c2 w1e8 h1b8\"><div class=\"t m0 x3e h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 31.793.625  </div></td><td class=\"c x1e7 y16c2 w1e9 h1b8\"><div class=\"t m0 x3e h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 28.901.526  </div></td></tr><tr><td class=\"c x195 y16c3 w1e7 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Oneri sociali </div></td><td class=\"c x1e6 y16c3 w1e8 h39\"><div class=\"t m0 x3e h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 10.343.429  </div></td><td class=\"c x1e7 y16c3 w1e9 h39\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 9.037.225  </div></td></tr><tr><td class=\"c x195 y16c4 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Trattamento di fine rapporto </div></td><td class=\"c x1e6 y16c4 w1e8 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 2.040.461  </div></td><td class=\"c x1e7 y16c4 w1e9 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.815.396  </div></td></tr><tr><td class=\"c x195 y16c5 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Manodopera esterna </div></td><td class=\"c x1e6 y16c5 w1e8 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 7.097.227  </div></td><td class=\"c x1e7 y16c5 w1e9 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 6.369.651  </div></td></tr><tr><td class=\"c x195 y16c6 w1e7 h1b9\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Stanziamento differenze retributive </div></td><td class=\"c x1e6 y16c6 w1e8 h1b9\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.193.805  </div></td><td class=\"c x1e7 y16c6 w1e9 h1b9\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.500.000  </div></td></tr><tr><td class=\"c x195 y16c7 w1e7 h1b8\"><div class=\"t m0 x2b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi del personale </div></td><td class=\"c x1e6 y16c7 w1e8 h1b8\"><div class=\"t m0 x3e h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 52.468.547  </div></td><td class=\"c x1e7 y16c7 w1e9 h1b8\"><div class=\"t m0 x3e h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 47.623.798  </div></td></tr></table>L\u2019aumento del costo del per<span class=\"_ _0\"></span>sonale deriva da<span class=\"_ _0\"></span>ll\u2019inserimento di nuovi <span class=\"_ _0\"></span>dipendenti<span class=\"_ _0\"></span><span class=\"ff4\"> e dal m<span class=\"_ _0\"></span>aggior ricorso <span class=\"_ _0\"></span>a personale somministrato<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </span>2.4.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff19\">Dati sull\u2019occu<span class=\"_ _0\"></span>pazione<span class=\"ff7\"> </span></span></span>Riportiamo di seguito il numer<span class=\"_ _0\"></span>o dei dipendenti <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span> suddivis<span class=\"_ _0\"></span>i per categoria:<span class=\"_ _0\"></span> <table class=\"s w32b h285\" id=\"_bb6e4bdb-262f-4e22-ae7b-43fe4cebcdf4\"><tr><td class=\"c x1e9 y16c8 w1ea h53\"><div class=\"t m0 x43 hb3 y588 fff fs2 fc1 sc0 ls0 ws0\">Dati sull\u2019 occupazione (espressi in unit\u00e0)<span class=\"ff3\"> </span></div></td><td class=\"c x1ea y16c8 w1eb h53\"><div class=\"t m0 x60 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1eb y16c8 w1ec h53\"><div class=\"t m0 x60 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y16c9 w1ea h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Dirigenti  </div></td><td class=\"c x1ea y16c9 w1eb h53\"><div class=\"t m0 x95 h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">22<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16c9 w1ec h53\"><div class=\"t m0 x95 h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">20<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16ca w1ea h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Impiegati </div></td><td class=\"c x1ea y16ca w1eb h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">316<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16ca w1ec h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">284<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16cb w1ea h1ed\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Operai </div></td><td class=\"c x1ea y16cb w1eb h1ed\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">501<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16cb w1ec h1ed\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">475<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16cc w1ea h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale dipendenti </div></td><td class=\"c x1ea y16cc w1eb h53\"><div class=\"t m0 x1a h35 y33c ff5 fs2 fc1 sc0 ls13 ws0\">839<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16cc w1ec h53\"><div class=\"t m0 x1a h35 y33c ff5 fs2 fc1 sc0 ls13 ws0\">779<span class=\"ls0\"> </span></div></td></tr></table>Costi per ser<span class=\"_ _0\"></span>vizi  Al <span class=\"_ _9\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>dicembre <span class=\"_ _7\"> </span>2025<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>i <span class=\"_ _7\"> </span>costi  per <span class=\"_ _9\"> </span>servizi  del <span class=\"_ _9\"> </span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _7\"> </span>ammontan<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>ad<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>Euro<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span><span class=\"ls3\">25.807.034</span> <span class=\"_ _7\"> </span>contro <span class=\"_ _7\"> </span>gli <span class=\"_ _7\"> </span>Euro  <span class=\"ls3\">23.601.211</span> <span class=\"_ _9\"> </span><span class=\"ff6\">dell\u2019eser<span class=\"_ _0\"></span>cizio </span>precedente, con un <span class=\"_ _0\"></span>incremento <span class=\"ls3\">de</span>l <span class=\"ls3\">9,3</span>%. Di <span class=\"_ _0\"></span>seguito se ne riporta l<span class=\"_ _0\"></span>a composizione:<span class=\"_ _0\"></span> <table class=\"s w32c h286\" id=\"_762c287c-a764-40fc-9203-3da0e5462a1b\"><tr><td class=\"c x195 y16cd w1ed h1b8\"><div class=\"t m0 x2b h7 y27c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0)<span class=\"ff4\"> </span></div></td><td class=\"c x1ec y16cd w1ee h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1c6 y16cd w1ef h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16ce w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Altri Costi </div></td><td class=\"c x1ec y16ce w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 774.075  </div></td><td class=\"c x1c6 y16ce w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 704.534  </div></td></tr><tr><td class=\"c x195 y16cf w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Analisi esterne e analisi ecologiche </div></td><td class=\"c x1ec y16cf w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 801.285  </div></td><td class=\"c x1c6 y16cf w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 882.271  </div></td></tr><tr><td class=\"c x195 y16d0 w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Assicurazioni </div></td><td class=\"c x1ec y16d0 w1ee h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 705.964  </div></td><td class=\"c x1c6 y16d0 w1ef h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 650.908  </div></td></tr><tr><td class=\"c x195 y16d1 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Canoni e manutenzioni EDP </div></td><td class=\"c x1ec y16d1 w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.054.673  </div></td><td class=\"c x1c6 y16d1 w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 835.956  </div></td></tr><tr><td class=\"c x195 y16d2 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Commissioni bancarie </div></td><td class=\"c x1ec y16d2 w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 124.612  </div></td><td class=\"c x1c6 y16d2 w1ef h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 92.034  </div></td></tr><tr><td class=\"c x195 y16d3 w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Compensi a sindaci e amministratori </div></td><td class=\"c x1ec y16d3 w1ee h39\"><div class=\"t m0 x8d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.176.558  </div></td><td class=\"c x1c6 y16d3 w1ef h39\"><div class=\"t m0 x8d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.567.847  </div></td></tr><tr><td class=\"c x195 y16d4 w1ed h1d0\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Costi per affitti, noleggio e varie </div></td><td class=\"c x1ec y16d4 w1ee h1d0\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 964.236  </div></td><td class=\"c x1c6 y16d4 w1ef h1d0\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 826.175  </div></td></tr><tr><td class=\"c x195 y16d5 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Costi per fiere e pubblicit\u00e0 </div></td><td class=\"c x1ec y16d5 w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 783.067  </div></td><td class=\"c x1c6 y16d5 w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 580.558  </div></td></tr><tr><td class=\"c x195 y16d6 w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Costi per lavorazione merci in conto terzi </div></td><td class=\"c x1ec y16d6 w1ee h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 356.816  </div></td><td class=\"c x1c6 y16d6 w1ef h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 785.289  </div></td></tr><tr><td class=\"c x195 y16d7 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Costi per manutenzioni ordinarie </div></td><td class=\"c x1ec y16d7 w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 4.971.478  </div></td><td class=\"c x1c6 y16d7 w1ef h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 3.798.672  </div></td></tr><tr><td class=\"c x195 y16d8 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Costi per pulizia, disinfestazione e sorveglianza </div></td><td class=\"c x1ec y16d8 w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 2.088.487  </div></td><td class=\"c x1c6 y16d8 w1ef h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.999.040  </div></td></tr><tr><td class=\"c x195 y16d9 w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Costi per trasporto, carburante e pedaggi </div></td><td class=\"c x1ec y16d9 w1ee h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 714.361  </div></td><td class=\"c x1c6 y16d9 w1ef h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 746.517  </div></td></tr><tr><td class=\"c x195 y16da w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Prestazione di lavoro interinale </div></td><td class=\"c x1ec y16da w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 866.754  </div></td><td class=\"c x1c6 y16da w1ef h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.085.037  </div></td></tr><tr><td class=\"c x195 y16db w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Provvigioni per vendite </div></td><td class=\"c x1ec y16db w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 272.664  </div></td><td class=\"c x1c6 y16db w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 291.413  </div></td></tr><tr><td class=\"c x195 y16dc w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Qualifiche e Taratura </div></td><td class=\"c x1ec y16dc w1ee h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 598.885  </div></td><td class=\"c x1c6 y16dc w1ef h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 213.866  </div></td></tr><tr><td class=\"c x195 y16dd w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Smaltimento rifiuti reflui e solidi </div></td><td class=\"c x1ec y16dd w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.684.539  </div></td><td class=\"c x1c6 y16dd w1ef h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.432.955  </div></td></tr><tr><td class=\"c x195 y16de w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Patto di non concorrenza </div></td><td class=\"c x1ec y16de w1ee h1b8\"><div class=\"t m0 x91 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x1c6 y16de w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 700.000  </div></td></tr><tr><td class=\"c x195 y16df w1ed h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Spese legali una tantum </div></td><td class=\"c x1ec y16df w1ee h39\"><div class=\"t m0 x91 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x1c6 y16df w1ef h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 100.000  </div></td></tr><tr><td class=\"c x195 y16e0 w1ed h1d0\"><div class=\"t m0 x2b h7 y11d1 ff4 fs2 fc1 sc0 ls0 ws0\">Spese per consulenze </div></td><td class=\"c x1ec y16e0 w1ee h1d0\"><div class=\"t m0 x8d h7 y11d1 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.716.062  </div></td><td class=\"c x1c6 y16e0 w1ef h1d0\"><div class=\"t m0 x8d h7 y11d1 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.345.344  </div></td></tr><tr><td class=\"c x195 y16e1 w1ed h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Ticket </div></td><td class=\"c x1ec y16e1 w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.039.144  </div></td><td class=\"c x1c6 y16e1 w1ef h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 850.206  </div></td></tr><tr><td class=\"c x195 y16e2 w1ed h1bc\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Utenze varie </div></td><td class=\"c x1ec y16e2 w1ee h1bc\"><div class=\"t m0 x8d h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.113.374  </div></td><td class=\"c x1c6 y16e2 w1ef h1bc\"><div class=\"t m0 x8d h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.112.588  </div></td></tr><tr><td class=\"c x195 y16e3 w1ed h39\"><div class=\"t m0 x2b h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi per servizi </div></td><td class=\"c x1ec y16e3 w1ee h39\"><div class=\"t m0 x54 h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\"> 25.807.034  </div></td><td class=\"c x1c6 y16e3 w1ef h39\"><div class=\"t m0 x54 h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\"> 23.601.211  </div></td></tr></table>La <span class=\"_ _0\"></span>voce <span class=\"_ _3\"></span>\u201cCosti <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>affitti, <span class=\"_ _3\"></span>noleggio <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>vari\u201d <span class=\"_ _3\"></span>riferisce <span class=\"_ _4\"></span><span class=\"ff4\">a <span class=\"_ _0\"></span>contratti <span class=\"_ _3\"></span>short <span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>-value <span class=\"_ _3\"></span>per <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>quali <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>Gruppo <span class=\"_ _3\"></span>si <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _0\"></span>avvals<span class=\"_ _0\"></span>o <span class=\"_ _0\"></span></span>de<span class=\"_ _0\"></span>ll\u2019esenzione concessa dal principio, <span class=\"_ _0\"></span>come riportat<span class=\"_ _0\"></span>o nel paragrafo \u201c<span class=\"_ _0\"></span><span class=\"ff4\">3.4<span class=\"_ _0\"></span> Leases</span><span class=\"ls5\">\u201d.</span><span class=\"ff4\">  </span>I <span class=\"_ _0\"></span>principali <span class=\"_ _0\"></span>incr<span class=\"_ _0\"></span>ementi <span class=\"_ _0\"></span>sono<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ricon<span class=\"_ _0\"></span>ducibili <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>osti <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>manutenzioni <span class=\"_ _3\"></span>ordinarie <span class=\"_ _3\"></span>(+1,2 <span class=\"_ _0\"></span>milioni <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ispetto <span class=\"_ _0\"></span>all\u2019eser<span class=\"_ _0\"></span>cizio <span class=\"_ _0\"></span>p<span class=\"_ _3\"></span><span class=\"ff4\">recedente) <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>i </span>costi per le utenze (+1,0 <span class=\"_ _0\"></span>milioni di Euro)<span class=\"_ _0\"></span> Sul 2024 si e<span class=\"_ _0\"></span>videnziano, inoltre, t<span class=\"_ _0\"></span>aluni costi un<span class=\"_ _0\"></span>a tantum, tr<span class=\"_ _0\"></span>a cui il p<span class=\"_ _0\"></span>atto di non concor<span class=\"_ _0\"></span>renza riconosc<span class=\"_ _0\"></span>iuto al precedente<span class=\"_ _0\"></span> Amm<span class=\"_ _3\"></span>inistratore<span class=\"_ _0\"></span> Delegato, dott. Ferrar<span class=\"_ _0\"></span>is",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-343": {
   "value": "Costi del per<span class=\"_ _0\"></span>sonale Al <span class=\"_ _4\"></span>31 <span class=\"_ _5\"> </span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _5\"></span>2025<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>i <span class=\"_ _5\"></span>costi <span class=\"_ _5\"></span>del <span class=\"_ _5\"> </span>per<span class=\"_ _0\"></span>sonale <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>Grup<span class=\"_ _0\"></span>po <span class=\"_ _5\"></span>ammontano <span class=\"_ _9\"> </span>ad <span class=\"_ _4\"></span>Euro <span class=\"_ _9\"> </span><span class=\"ls3\">52<span class=\"ls4\">.468.547</span></span> <span class=\"_ _5\"></span>contro <span class=\"_ _5\"></span>gli <span class=\"_ _5\"></span>Euro <span class=\"_ _9\"> </span><span class=\"ls3\">47.623.798</span> <span class=\"_ _4\"></span><span class=\"ff6\">dell\u2019eserci<span class=\"_ _0\"></span>zio </span>precedente, con un increm<span class=\"_ _0\"></span>ento del <span class=\"ls3\">10,2<span class=\"_ _0\"></span></span>%. Di seguito se ne riporta<span class=\"_ _0\"></span> un dettaglio:<span class=\"_ _0\"></span> <table class=\"s w32a h284\" id=\"_6eaa002e-ee87-4e67-9964-93d8bf18e247\"><tr><td class=\"c x195 y16c1 w1e7 h1b8\"><div class=\"t m0 x2b hb3 y50c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1e6 y16c1 w1e8 h1b8\"><div class=\"t m0 x60 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1e7 y16c1 w1e9 h1b8\"><div class=\"t m0 x60 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16c2 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Salari e stipendi </div></td><td class=\"c x1e6 y16c2 w1e8 h1b8\"><div class=\"t m0 x3e h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 31.793.625  </div></td><td class=\"c x1e7 y16c2 w1e9 h1b8\"><div class=\"t m0 x3e h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 28.901.526  </div></td></tr><tr><td class=\"c x195 y16c3 w1e7 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Oneri sociali </div></td><td class=\"c x1e6 y16c3 w1e8 h39\"><div class=\"t m0 x3e h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 10.343.429  </div></td><td class=\"c x1e7 y16c3 w1e9 h39\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 9.037.225  </div></td></tr><tr><td class=\"c x195 y16c4 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Trattamento di fine rapporto </div></td><td class=\"c x1e6 y16c4 w1e8 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 2.040.461  </div></td><td class=\"c x1e7 y16c4 w1e9 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.815.396  </div></td></tr><tr><td class=\"c x195 y16c5 w1e7 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Manodopera esterna </div></td><td class=\"c x1e6 y16c5 w1e8 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 7.097.227  </div></td><td class=\"c x1e7 y16c5 w1e9 h1b8\"><div class=\"t m0 x73 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 6.369.651  </div></td></tr><tr><td class=\"c x195 y16c6 w1e7 h1b9\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Stanziamento differenze retributive </div></td><td class=\"c x1e6 y16c6 w1e8 h1b9\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.193.805  </div></td><td class=\"c x1e7 y16c6 w1e9 h1b9\"><div class=\"t m0 x73 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.500.000  </div></td></tr><tr><td class=\"c x195 y16c7 w1e7 h1b8\"><div class=\"t m0 x2b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale costi del personale </div></td><td class=\"c x1e6 y16c7 w1e8 h1b8\"><div class=\"t m0 x3e h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 52.468.547  </div></td><td class=\"c x1e7 y16c7 w1e9 h1b8\"><div class=\"t m0 x3e h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 47.623.798  </div></td></tr></table>L\u2019aumento del costo del per<span class=\"_ _0\"></span>sonale deriva da<span class=\"_ _0\"></span>ll\u2019inserimento di nuovi <span class=\"_ _0\"></span>dipendenti<span class=\"_ _0\"></span><span class=\"ff4\"> e dal m<span class=\"_ _0\"></span>aggior ricorso <span class=\"_ _0\"></span>a personale somministrato<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </span>2.4.1<span class=\"ff1e ls0\"> <span class=\"_ _3e\"> </span><span class=\"ff19\">Dati sull\u2019occu<span class=\"_ _0\"></span>pazione<span class=\"ff7\"> </span></span></span>Riportiamo di seguito il numer<span class=\"_ _0\"></span>o dei dipendenti <span class=\"_ _0\"></span>del Gruppo<span class=\"_ _0\"></span> suddivis<span class=\"_ _0\"></span>i per categoria:<span class=\"_ _0\"></span> <table class=\"s w32b h285\" id=\"_bb6e4bdb-262f-4e22-ae7b-43fe4cebcdf4\"><tr><td class=\"c x1e9 y16c8 w1ea h53\"><div class=\"t m0 x43 hb3 y588 fff fs2 fc1 sc0 ls0 ws0\">Dati sull\u2019 occupazione (espressi in unit\u00e0)<span class=\"ff3\"> </span></div></td><td class=\"c x1ea y16c8 w1eb h53\"><div class=\"t m0 x60 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1eb y16c8 w1ec h53\"><div class=\"t m0 x60 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y16c9 w1ea h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Dirigenti  </div></td><td class=\"c x1ea y16c9 w1eb h53\"><div class=\"t m0 x95 h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">22<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16c9 w1ec h53\"><div class=\"t m0 x95 h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">20<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16ca w1ea h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Impiegati </div></td><td class=\"c x1ea y16ca w1eb h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">316<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16ca w1ec h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">284<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16cb w1ea h1ed\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Operai </div></td><td class=\"c x1ea y16cb w1eb h1ed\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">501<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16cb w1ec h1ed\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls13 ws0\">475<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y16cc w1ea h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale dipendenti </div></td><td class=\"c x1ea y16cc w1eb h53\"><div class=\"t m0 x1a h35 y33c ff5 fs2 fc1 sc0 ls13 ws0\">839<span class=\"ls0\"> </span></div></td><td class=\"c x1eb y16cc w1ec h53\"><div class=\"t m0 x1a h35 y33c ff5 fs2 fc1 sc0 ls13 ws0\">779<span class=\"ls0\"> </span></div></td></tr></table>Il numero medio dei dipen<span class=\"_ _0\"></span>denti del Gruppo<span class=\"_ _0\"></span> per l\u2019esercizio 202<span class=\"_ _0\"></span><span class=\"ff4\">5 \u00e8 p<span class=\"_ _0\"></span>ari a 809.<span class=\"_ _75\"> </span></span>Benefici ai dipen<span class=\"_ _0\"></span>denti Al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>25 <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>voce<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Benefici <span class=\"_ _3\"></span>ai <span class=\"_ _0\"></span>dipend<span class=\"_ _0\"></span>enti <span class=\"_ _0\"></span>ammonta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>plessivamente <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>Euro <span class=\"_ _4\"></span>1.922.35<span class=\"_ _0\"></span>7 <span class=\"_ _0\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span><span class=\"ls3\">2.143.626<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> dicembre 2024. T<span class=\"_ _0\"></span>ale voce si riferisce a<span class=\"_ _0\"></span>i fondi accantonati per il<span class=\"_ _0\"></span> trattamento di fine r<span class=\"_ _0\"></span>apporto<span class=\"_ _0\"></span> e di fine man<span class=\"_ _0\"></span>dato. <table class=\"s w375 h2a5\" id=\"_7f22ef09-6be2-462f-8aa6-f125775985ee\"><tr><td class=\"c x1e9 y17db w23e h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\"> Saldo 31 dicembre 2024 </div></td><td class=\"c x24a y17db w23f h53\"><div class=\"t m0 x106 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">2.143.626 </div></td></tr><tr><td class=\"c x1e9 y17dc w23e h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\"> Utilizzo Fondo   </div></td><td class=\"c x24a y17dc w23f h53\"><div class=\"t m0 x177 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(205.660) </div></td></tr><tr><td class=\"c x1e9 y17dd w23e h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\"> Interessi da attualizzazione anno corrente  </div></td><td class=\"c x24a y17dd w23f h53\"><div class=\"t m0 x178 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">64.874 </div></td></tr><tr><td class=\"c x1e9 y17de w23e h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Service cost </div></td><td class=\"c x24a y17de w23f h53\"><div class=\"t m0 x179 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">210.225 </div></td></tr><tr><td class=\"c x1e9 y17df w23e h207\"><div class=\"t m0 x43 h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">Versamento TFR Pregresso a Fondi </div></td><td class=\"c x24a y17df w23f h207\"><div class=\"t m0 xd7 h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">(1.713) </div></td></tr><tr><td class=\"c x1e9 y17e0 w23e h53\"><div class=\"t m0 x43 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">Utili e perdite attuariali anno corrente  </div></td><td class=\"c x24a y17e0 w23f h53\"><div class=\"t m0 xf7 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(77.730) </div></td></tr><tr><td class=\"c x1e9 y17e1 w23e h53\"><div class=\"t m0 x43 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">Rilascio a Conto Economico </div></td><td class=\"c x24a y17e1 w23f h53\"><div class=\"t m0 x177 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(211.265) </div></td></tr><tr><td class=\"c x1e9 y17e2 w23e h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\"> Saldo 31 dicembre 2025 </div></td><td class=\"c x24a y17e2 w23f h53\"><div class=\"t m0 x106 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">1.922.357 </div></td></tr></table>La valutazione <span class=\"_ _2\"></span>del Fondo <span class=\"_ _2\"></span>TFR, co<span class=\"_ _2\"></span>me previsto <span class=\"_ _2\"></span>dal principio <span class=\"_ _2\"></span>contabile internazionale, <span class=\"_ _2\"></span>IAS19, segue <span class=\"_ _8\"></span>il metodo della proiezione <span class=\"_ _2\"></span>d<span class=\"_ _0\"></span>el valore attuale dell\u2019obbligazione a <span class=\"_ _0\"></span>benefici definiti con la <span class=\"_ _0\"></span>stima dei benefici<span class=\"_ _0\"></span> maturati dai dipende<span class=\"_ _0\"></span>nti.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>In <span class=\"_ _5\"></span>seguito <span class=\"_ _9\"> </span>alle <span class=\"_ _5\"> </span>mod<span class=\"_ _0\"></span>ifiche <span class=\"_ _5\"> </span>intr<span class=\"_ _0\"></span>odotte <span class=\"_ _9\"> </span>dalla <span class=\"_ _5\"></span>Legge<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>27 <span class=\"_ _9\"> </span>dicembre <span class=\"_ _9\"> </span>2006 <span class=\"_ _9\"> </span>n. <span class=\"_ _5\"></span>296 <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>\u201cLegge <span class=\"_ _5\"> </span>F<span class=\"_ _0\"></span>inanziaria <span class=\"_ _9\"> </span>2007\u201d) <span class=\"_ _9\"> </span>e <span class=\"_ _5\"></span>dai <span class=\"_ _5\"> </span>suc<span class=\"_ _0\"></span>cessivi <span class=\"_ _9\"> </span>Decreti  <span class=\"ff4 ls3\">e </span>Regolamenti attuativi, le quote di T<span class=\"_ _0\"></span>FR maturate fino al 31 dicembre 2006 continu<span class=\"_ _0\"></span>eranno a rimanere in azienda configurando<span class=\"_ _0\"></span> un <span class=\"_ _0\"></span>pian<span class=\"_ _0\"></span><span class=\"ls19\">o </span>a <span class=\"_ _0\"></span>benefici <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>finiti <span class=\"_ _0\"></span>(obbligazione <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>benefici <span class=\"_ _0\"></span>matu<span class=\"_ _0\"></span>rati <span class=\"_ _0\"></span>soggetta <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>valutazione <span class=\"_ _3\"></span>attuariale), <span class=\"_ _3\"></span>mentre <span class=\"_ _0\"></span>le <span class=\"_ _3\"></span>quote <span class=\"_ _0\"></span>matu<span class=\"_ _0\"></span>rande <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>par<span class=\"_ _3\"></span>tire <span class=\"_ _0\"></span>dal <span class=\"_ _3\"></span>1\u00b0 gennaio <span class=\"_ _6\"> </span>2007, <span class=\"_ _6\"> </span>per  eff<span class=\"_ _0\"></span>etto <span class=\"_ _6\"> </span>delle  scelte <span class=\"_ _6\"> </span>operate <span class=\"_ _6\"> </span>dai <span class=\"_ _6\"> </span>dipendenti <span class=\"_ _6\"> </span>nel <span class=\"_ _6\"> </span>corso  de<span class=\"_ _0\"></span>ll\u2019anno, <span class=\"_ _6\"> </span>saranno <span class=\"_ _6\"> </span>destinate <span class=\"_ _6\"> </span>a  form<span class=\"_ _0\"></span>e <span class=\"_ _6\"> </span>di  previ<span class=\"_ _3\"></span><span class=\"ff4\">denza </span>complementare <span class=\"_ _0\"></span>o trasfe<span class=\"_ _0\"></span>rite dall\u2019azienda al <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>di tesoreria <span class=\"_ _0\"></span>gestito dall\u2019INPS, <span class=\"_ _0\"></span>configurandosi a <span class=\"_ _0\"></span>partire <span class=\"_ _0\"></span>dal mom<span class=\"_ _0\"></span>ento in <span class=\"_ _0\"></span>cui <span class=\"_ _3\"></span><span class=\"ff4\">la scelta <span class=\"_ _0\"></span>\u00e8 </span>formalizzata dal dipendente,<span class=\"_ _0\"></span> come piani a con<span class=\"_ _0\"></span>tribuzione definita (n<span class=\"_ _0\"></span>on pi\u00f9 soggetti a valutazione a<span class=\"_ _0\"></span>ttuariale).<span class=\"_ _3\"></span> La <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>terminazione <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>TFR <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _3\"></span>quindi <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>risultato <span class=\"_ _3\"></span>dell\u2019applica<span class=\"_ _0\"></span>zione <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>modello <span class=\"_ _3\"></span>attuariale <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>ha <span class=\"_ _0\"></span>alla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>diverse <span class=\"_ _3\"></span>ipotesi, <span class=\"_ _5\"></span><span class=\"ff4\">sia <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>tipo </span>demografico che di tipo econo<span class=\"_ _0\"></span>mico.<span class=\"_ _0\"></span> Si riportano nella tabella di <span class=\"_ _0\"></span>seguito le basi tecn<span class=\"_ _0\"></span>iche economiche ut<span class=\"_ _0\"></span>ilizzate:<span class=\"_ _0\"></span> <table class=\"s w376 h2a6\" id=\"_f7b5186e-313d-4d1a-a4c3-e8a9abd8655f\"><tr><td></td><td class=\"c x24b y17e3 w241 h1b7\"><div class=\"t m0 x96 h35 y309 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x24c y17e3 w242 h1b7\"><div class=\"t m0 x96 h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y17e4 w240 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso annuo di attualizzazione </div></td><td class=\"c x24b y17e4 w241 h1b7\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">3,37% </div></td><td class=\"c x24c y17e4 w242 h1b7\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">3,18% </div></td></tr><tr><td class=\"c x195 y17e5 w240 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso annuo di inflazione </div></td><td class=\"c x24b y17e5 w241 h1b7\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">2,00% </div></td><td class=\"c x24c y17e5 w242 h1b7\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">2,00% </div></td></tr><tr><td class=\"c x195 y17e6 w240 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso annuo incremento TFR </div></td><td class=\"c x24b y17e6 w241 h24\"><div class=\"t m0 x77 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">3,00% </div></td><td class=\"c x24c y17e6 w242 h24\"><div class=\"t m0 x77 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">3,00% </div></td></tr></table>In particolare, si rileva che il tasso annuo di attualizzazione utilizzato per la determinazione del valor<span class=\"_ _0\"></span>e attuale dell\u2019obbl<span class=\"_ _0\"></span><span class=\"ff4\">igazione<span class=\"_ _0\"></span> \u00e8 stato </span>desunto, coerentemente con <span class=\"_ _8\"></span>il par. 83 <span class=\"_ _2\"></span>dello IAS <span class=\"_ _8\"></span>19, con riferimento ai <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>endimenti di <span class=\"_ _8\"></span>m<span class=\"_ _0\"></span>ercato, alla <span class=\"_ _2\"></span>data di <span class=\"_ _8\"></span>chiusur<span class=\"_ _3\"></span>a dell'esercizio, di <span class=\"_ _8\"></span>titoli<span class=\"_ _0\"></span> obbligazionari di aziende prima<span class=\"_ _0\"></span>rie.<span class=\"_ _0\"></span> Come <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>evisto <span class=\"_ _3\"></span>dal <span class=\"_ _4\"></span>principio <span class=\"_ _4\"></span>contabile <span class=\"_ _4\"></span>IAS19 <span class=\"_ _3\"></span>\u201cBenefi<span class=\"_ _0\"></span>ci <span class=\"_ _3\"></span>ai <span class=\"_ _4\"></span>dipendenti\u201d <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>seguito, <span class=\"_ _4\"></span>si <span class=\"_ _3\"></span>ripor<span class=\"_ _0\"></span>ta <span class=\"_ _4\"></span>l\u2019analisi <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>sensitivit\u00e0 <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>cias<span class=\"_ _0\"></span><span class=\"ff4\">cuna <span class=\"_ _4\"></span>ipotesi </span>attuariale alla fine dell\u2019anno:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><table class=\"s w377 h2a7\" id=\"_869a96f7-8f11-40b3-af20-0ef67d832c7a\"><tr><td class=\"c x195 y17e7 w243 hde\"><div class=\"t m0 x2b h35 y328 ff5 fs2 fc1 sc0 ls0 ws0\">Analisi di sensitivit\u00e0 dei principali parametri valutativi    </div></td><td class=\"c x1ed y17e7 w244 hde\"><div class=\"t m0 x96 h35 yd8a ff5 fs2 fc1 sc0 ls0 ws0\">DBO al 31 dicembre 2025 </div></td><td class=\"c x1c6 y17e7 w245 hde\"><div class=\"t m0 x96 h35 yd8a ff5 fs2 fc1 sc0 ls0 ws0\">DBO al 31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y17e8 w243 h1fb\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di turnover +1%  </div></td><td class=\"c x1ed y17e8 w244 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.932.770  </div></td><td class=\"c x1c6 y17e8 w245 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.938.222  </div></td></tr><tr><td class=\"c x195 y17e9 w243 h1fb\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di turnover -1%  </div></td><td class=\"c x1ed y17e9 w244 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.910.706  </div></td><td class=\"c x1c6 y17e9 w245 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.925.834  </div></td></tr><tr><td class=\"c x195 y17ea w243 h1fb\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di inflazione +0,25%  </div></td><td class=\"c x1ed y17ea w244 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.947.401  </div></td><td class=\"c x1c6 y17ea w245 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.957.221  </div></td></tr><tr><td class=\"c x195 y17eb w243 h1fb\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di inflazione -0,25%  </div></td><td class=\"c x1ed y17eb w244 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.897.859  </div></td><td class=\"c x1c6 y17eb w245 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.908.042  </div></td></tr><tr><td class=\"c x195 y17ec w243 hc\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di attualizzazione +0,25%  </div></td><td class=\"c x1ed y17ec w244 hc\"><div class=\"t m0 x8d h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.889.188  </div></td><td class=\"c x1c6 y17ec w245 hc\"><div class=\"t m0 x8d h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.898.958  </div></td></tr><tr><td class=\"c x195 y17ed w243 h1fb\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Tasso di attualizzazione -0,25%  </div></td><td class=\"c x1ed y17ed w244 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.956.645  </div></td><td class=\"c x1c6 y17ed w245 h1fb\"><div class=\"t m0 x8d h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.966.904  </div></td></tr></table><table class=\"s w378 h2a8\" id=\"_b30c7653-790c-409d-a29b-d6f84df7bf90\"><tr><td class=\"c x195 y17ee w246 h44\"><div class=\"t m0 x2b hb3 y2b7 ff3 fs2 fc1 sc0 ls0 ws0\">Service cost e durata<span class=\"ff16\"> </span></div></td><td class=\"c x24d y17ee w247 h44\"><div class=\"t m0 x1a h7 y2b7 ff4 fs2 fc1 sc0 ls13 ws0\">2025<span class=\"ls0\"> </span></div></td><td class=\"c x24e y17ee w15d h44\"><div class=\"t m0 x47 h7 y2b7 ff4 fs2 fc1 sc0 ls13 ws0\">2024<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y17ef w246 h29\"><div class=\"t m0 x2b h7 yddc ff4 fs2 fc1 sc0 ls0 ws0\">Service Cost annuo profuturo Fine Foods </div></td><td class=\"c x24d y17ef w247 h29\"><div class=\"t m0 x25 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x24e y17ef w15d h29\"><div class=\"t m0 x17 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td></tr><tr><td class=\"c x195 y17f0 w246 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Duration del piano Fine Foods </div></td><td class=\"c x24d y17f0 w247 h24\"><div class=\"t m0 x82 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">7,8 </div></td><td class=\"c x24e y17f0 w15d h24\"><div class=\"t m0 x82 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">7,7 </div></td></tr><tr><td class=\"c x195 y17f1 w246 h29\"><div class=\"t m0 x2b h7 yddc ff4 fs2 fc1 sc0 ls0 ws0\">Service Cost annuo profuturo Fine Cosmetics </div></td><td class=\"c x24d y17f1 w247 h29\"><div class=\"t m0 x5e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 240.973  </div></td><td class=\"c x24e y17f1 w15d h29\"><div class=\"t m0 x5e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 216.508  </div></td></tr><tr><td class=\"c x195 y17f2 w246 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Duration del piano Fine Cosmetics </div></td><td class=\"c x24d y17f2 w247 h24\"><div class=\"t m0 x37 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11,5 </div></td><td class=\"c x24e y17f2 w15d h24\"><div class=\"t m0 x37 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11,7 </div></td></tr></table><table class=\"s w379 h2a9\" id=\"_73097ef0-da44-4845-ae5b-48bf3a76994f\"><tr><td class=\"c x250 y17f3 w248 h208\"><div class=\"t m0 x2b h7 y216 ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ff3\"></span><span class=\"ff3\">Erogazioni future stimate <span class=\"fff\">\u2013</span> </span>Anni<span class=\"ff16\"> </span></div></td><td class=\"c x251 y17f3 w249 h208\"><div class=\"t m0 x32 h35 y7f2 ff5 fs2 fc1 sc0 ls13 ws0\">202<span class=\"ls0\">5</span><span class=\"ls0\"> </span></div></td><td class=\"c x252 y17f3 w24a h208\"><div class=\"t m0 x1a h35 y7f2 ff5 fs2 fc1 sc0 ls13 ws0\">202<span class=\"ls0\">4</span><span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x250 y17f4 w248 h208\"><div class=\"t m0 x8a h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\">1 </div></td><td class=\"c x251 y17f4 w249 h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 294.891  </div></td><td class=\"c x252 y17f4 w24a h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 312.924  </div></td></tr><tr><td class=\"c x250 y17f5 w248 h209\"><div class=\"t m0 x8a h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">2 </div></td><td class=\"c x251 y17f5 w249 h209\"><div class=\"t m0 xea h7 yf87 ff4 fs2 fc1 sc0 ls0 ws0\"> 190.905  </div></td><td class=\"c x252 y17f5 w24a h209\"><div class=\"t m0 xea h7 yf87 ff4 fs2 fc1 sc0 ls0 ws0\"> 219.081  </div></td></tr><tr><td class=\"c x250 y17f6 w248 h208\"><div class=\"t m0 x8a h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">3 </div></td><td class=\"c x251 y17f6 w249 h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 199.751  </div></td><td class=\"c x252 y17f6 w24a h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 175.703  </div></td></tr><tr><td class=\"c x250 y17f7 w248 h208\"><div class=\"t m0 x8a h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\">4 </div></td><td class=\"c x251 y17f7 w249 h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 207.589  </div></td><td class=\"c x252 y17f7 w24a h208\"><div class=\"t m0 xea h7 y7f2 ff4 fs2 fc1 sc0 ls0 ws0\"> 181.997  </div></td></tr><tr><td class=\"c x250 y17f8 w248 h20a\"><div class=\"t m0 x8a h7 y12b0 ff4 fs2 fc1 sc0 ls0 ws0\">5 </div></td><td class=\"c x251 y17f8 w249 h20a\"><div class=\"t m0 xea h7 y12b1 ff4 fs2 fc1 sc0 ls0 ws0\"> 254.606  </div></td><td class=\"c x252 y17f8 w24a h20a\"><div class=\"t m0 xea h7 y12b1 ff4 fs2 fc1 sc0 ls0 ws0\"> 187.655  </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-292": {
   "value": "Altri costi o<span class=\"_ _0\"></span>perativi Gli altri costi operativi al 31<span class=\"_ _0\"></span> dicembre 2<span class=\"_ _0\"></span>025 amm<span class=\"_ _0\"></span>ontano ad Euro <span class=\"ls3\">1.514.645</span> contr<span class=\"_ _0\"></span>o gli Euro <span class=\"ls3\">2.118.224</span> <span class=\"ff6\">de<span class=\"_ _0\"></span>ll\u2019esercizio precedente</span><span class=\"ls4\">. <span class=\"_ _0\"></span></span> <table class=\"s w32d h287\" id=\"_39e272c1-18c8-4f56-81e8-e8ee77d5b11d\"><tr><td class=\"c x195 y16e4 w1f0 h39\"><div class=\"t m0 x2b hb3 y50c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1ed y16e4 w1f1 h39\"><div class=\"t m0 x1c h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1ee y16e4 w1f2 h39\"><div class=\"t m0 x1c h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16e5 w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Altri costi operativi </div></td><td class=\"c x1ed y16e5 w1f1 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 193.678  </div></td><td class=\"c x1ee y16e5 w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 105.365  </div></td></tr><tr><td class=\"c x195 y16e6 w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Erogazioni liberali </div></td><td class=\"c x1ed y16e6 w1f1 h39\"><div class=\"t m0 x93 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 48.673  </div></td><td class=\"c x1ee y16e6 w1f2 h39\"><div class=\"t m0 x93 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 35.680  </div></td></tr><tr><td class=\"c x195 y16e7 w1f0 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Minusvalenze </div></td><td class=\"c x1ed y16e7 w1f1 h1b8\"><div class=\"t m0 x93 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 29.231  </div></td><td class=\"c x1ee y16e7 w1f2 h1b8\"><div class=\"t m0 x93 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 71.066  </div></td></tr><tr><td class=\"c x195 y16e8 w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Penalit\u00e0 e indennizzi </div></td><td class=\"c x1ed y16e8 w1f1 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 291.776  </div></td><td class=\"c x1ee y16e8 w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 762.754  </div></td></tr><tr><td class=\"c x195 y16e9 w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Quote Associative </div></td><td class=\"c x1ed y16e9 w1f1 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 221.683  </div></td><td class=\"c x1ee y16e9 w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 203.972  </div></td></tr><tr><td class=\"c x195 y16ea w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Accantonamento fondo svalutazione crediti </div></td><td class=\"c x1ed y16ea w1f1 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 244.153  </div></td><td class=\"c x1ee y16ea w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 274.978  </div></td></tr><tr><td class=\"c x195 y16eb w1f0 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">IMU e TARI </div></td><td class=\"c x1ed y16eb w1f1 h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 447.229  </div></td><td class=\"c x1ee y16eb w1f2 h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 390.772  </div></td></tr><tr><td class=\"c x195 y16ec w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Costi sociali, di rappresentanza e omaggi </div></td><td class=\"c x1ed y16ec w1f1 h39\"><div class=\"t m0 x93 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 96.397  </div></td><td class=\"c x1ee y16ec w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 117.363  </div></td></tr><tr><td class=\"c x195 y16ed w1f0 h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Imposte, tasse e bolli </div></td><td class=\"c x1ed y16ed w1f1 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 434.743  </div></td><td class=\"c x1ee y16ed w1f2 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 145.649  </div></td></tr><tr><td class=\"c x195 y16ee w1f0 h1b9\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Conguaglio Conai, Co.re.pla </div></td><td class=\"c x1ed y16ee w1f1 h1b9\"><div class=\"t m0 x45 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">(501.038)  </div></td><td class=\"c x1ee y16ee w1f2 h1b9\"><div class=\"t m0 x91 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td></tr><tr><td class=\"c x195 y16ef w1f0 h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Sopravvenienze e abbuoni passivi </div></td><td class=\"c x1ed y16ef w1f1 h1b8\"><div class=\"t m0 xea h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 8.121  </div></td><td class=\"c x1ee y16ef w1f2 h1b8\"><div class=\"t m0 x93 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 10.625  </div></td></tr><tr><td class=\"c x195 y16f0 w1f0 h1b8\"><div class=\"t m0 x2b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale altri costi operativi </div></td><td class=\"c x1ed y16f0 w1f1 h1b8\"><div class=\"t m0 x3d h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 1.514.645  </div></td><td class=\"c x1ee y16f0 w1f2 h1b8\"><div class=\"t m0 x3d h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 2.118.224  </div></td></tr></table>Nel corso <span class=\"_ _2\"></span>del primo <span class=\"_ _8\"></span>sem<span class=\"_ _0\"></span>estre 2025 <span class=\"_ _8\"></span>la societ\u00e0 ha <span class=\"_ _8\"></span>ott<span class=\"_ _0\"></span>enuto un <span class=\"_ _8\"></span>rimborso pari a <span class=\"_ _8\"></span>circa euro 501 <span class=\"_ _8\"></span>migliaia a <span class=\"_ _2\"></span>titolo di <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>guaglio del <span class=\"_ _8\"></span>con<span class=\"_ _0\"></span>tributo ambientale <span class=\"_ _5\"></span>CONAI <span class=\"_ _5\"></span>applicato <span class=\"_ _5\"> </span>ag<span class=\"_ _0\"></span>li <span class=\"_ _5\"></span>imballaggi <span class=\"_ _5\"></span>a <span class=\"_ _5\"></span>seguito <span class=\"_ _5\"> </span>de<span class=\"_ _0\"></span>lla <span class=\"_ _5\"></span>presentazion<span class=\"_ _0\"></span>e <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>dichiarazione <span class=\"_ _5\"></span>20<span class=\"_ _0\"></span>24. <span class=\"_ _5\"></span>Tale <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>ponente <span class=\"_ _5\"></span>positiva <span class=\"_ _5\"></span>d<span class=\"_ _3\"></span><span class=\"lsc\">i </span>reddito non <span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>stata <span class=\"_ _0\"></span>stanziata <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>bilancio <span class=\"_ _0\"></span>2024 in<span class=\"_ _0\"></span> quanto <span class=\"_ _0\"></span>non<span class=\"_ _0\"></span> sussistevan<span class=\"_ _0\"></span>o, al<span class=\"_ _0\"></span>la data <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>chiu<span class=\"_ _0\"></span>sura d<span class=\"_ _0\"></span>ell'esercizio, <span class=\"_ _0\"></span>elementi <span class=\"_ _0\"></span>certi <span class=\"_ _0\"></span>per la<span class=\"_ _0\"></span> sua rilevazione secondo i<span class=\"_ _0\"></span>l principio di com<span class=\"_ _0\"></span>petenza economica<span class=\"_ _0\"></span>. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-294": {
   "value": "Ammortam<span class=\"_ _0\"></span>enti e svalutazioni Al <span class=\"_ _3\"></span>31 <span class=\"_ _4\"></span>dicembre <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>25 <span class=\"_ _4\"></span>gli <span class=\"_ _3\"></span>amm<span class=\"_ _0\"></span>ortamenti <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>le <span class=\"_ _4\"></span>svalutazioni <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>Societ\u00e0 <span class=\"_ _3\"></span>ammon<span class=\"_ _0\"></span>tano <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>18.016.341<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>con<span class=\"_ _0\"></span>tro <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>Euro <span class=\"_ _4\"></span><span class=\"ls3\">15.776.371 </span>dell\u2019esercizio precedente<span class=\"_ _0\"></span><span class=\"ff4\">. Di segu<span class=\"_ _0\"></span>ito se ne riporta un de<span class=\"_ _0\"></span>ttaglio:<span class=\"_ _0\"></span> </span><table class=\"s w32e h288\" id=\"_c00369f2-46f9-4419-a778-25bb32cfc6a6\"><tr><td class=\"c x195 y16f1 w1f3 h1b8\"><div class=\"t m0 x2b hb3 y27c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1ec y16f1 w1f4 h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1c6 y16f1 w1f5 h1b8\"><div class=\"t m0 x100 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16f2 w1f3 h1b8\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamento immobilizzazioni materiali </div></td><td class=\"c x1ec y16f2 w1f4 h1b8\"><div class=\"t m0 x54 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 16.521.102  </div></td><td class=\"c x1c6 y16f2 w1f5 h1b8\"><div class=\"t m0 x54 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 14.394.213  </div></td></tr><tr><td class=\"c x195 y16f3 w1f3 h1d0\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamento immobilizzazioni immateriali </div></td><td class=\"c x1ec y16f3 w1f4 h1d0\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 1.002.468  </div></td><td class=\"c x1c6 y16f3 w1f5 h1d0\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 978.400  </div></td></tr><tr><td class=\"c x195 y16f4 w1f3 h39\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Ammortamento diritto d'uso </div></td><td class=\"c x1ec y16f4 w1f4 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 492.772  </div></td><td class=\"c x1c6 y16f4 w1f5 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 400.735  </div></td></tr><tr><td class=\"c x195 y16f5 w1f3 h1b8\"><div class=\"t m0 x2b h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Svalutazioni immobilizzazioni materiali </div></td><td class=\"c x1ec y16f5 w1f4 h1b8\"><div class=\"t m0 x91 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x1c6 y16f5 w1f5 h1b8\"><div class=\"t m0 xea h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 3.023  </div></td></tr><tr><td class=\"c x195 y16f6 w1f3 h1b8\"><div class=\"t m0 x2b h35 y27c ff5 fs2 fc1 sc0 ls0 ws0\">Totale ammortamenti e svalutazioni </div></td><td class=\"c x1ec y16f6 w1f4 h1b8\"><div class=\"t m0 x7e h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">  18.016.341 </div></td><td class=\"c x1c6 y16f6 w1f5 h1b8\"><div class=\"t m0 x54 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 15.776.371  </div></td></tr></table>Nel corso del <span class=\"ff6\">2025, l\u2019Agenzia Ital<span class=\"_ _0\"></span>iana del F<span class=\"_ _0\"></span>armaco (AIFA) ha <span class=\"_ _0\"></span>esteso l\u2019autorizzazione <span class=\"_ _0\"></span></span>della Capogrup<span class=\"_ _0\"></span>po Fine Foods alla pr<span class=\"_ _0\"></span>oduzione di medicinali, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>accor<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>con <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>rme <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>buon<span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>fabbricazione<span class=\"_ _0\"></span><span class=\"ls4\">, <span class=\"_ _3\"></span></span>alla <span class=\"_ _3\"></span>nuova<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>espansione <span class=\"_ _3\"></span>dello <span class=\"_ _4\"></span>stabilimento <span class=\"_ _3\"></span>farmaceutico <span class=\"_ _4\"></span>di <span class=\"_ _3\"></span>Brembate.<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>In seguito <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>tale <span class=\"_ _0\"></span>evento, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>nuovo <span class=\"_ _0\"></span>immobile, <span class=\"_ _0\"></span>nonch\u00e9 <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>impianti <span class=\"_ _0\"></span>ed <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>macchinari <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>suo <span class=\"_ _0\"></span>intero, <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>entr<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>in fun<span class=\"_ _0\"></span>zione, <span class=\"_ _0\"></span>con <span class=\"_ _0\"></span>iscrizione <span class=\"_ _0\"></span>dei relativi ammortamenti a <span class=\"_ _0\"></span>conto economico.<span class=\"_ _0\"></span><span class=\"ff5\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-293": {
   "value": "Variazioni di Fair<span class=\"_ _0\"></span> Value delle attivit\u00e0 e<span class=\"_ _0\"></span> passivit\u00e0 fin<span class=\"_ _0\"></span>anziarie Al 31 dicembre 2025 le <span class=\"_ _2\"></span>variazioni di <span class=\"_ _2\"></span>Fair Value delle attivit\u00e0 <span class=\"_ _2\"></span>e passivit\u00e0 finanziarie sono pari a 0, <span class=\"_ _2\"></span>contro un saldo negativo pari<span class=\"_ _2\"></span> ad Euro<span class=\"_ _2\"></span> 12.881 <span class=\"ff6 ls0\">dell\u2019esercizio precedente. <span class=\"_ _0\"></span>Di seguito se ne riporta un<span class=\"_ _0\"></span> dettaglio:<span class=\"_ _0\"></span><span class=\"ff4\"> </span></span><table class=\"s w32f h289\" id=\"_ef8149cc-4018-4c9c-98a5-715403d4f091\"><tr><td class=\"c x1e9 y16f7 w1f6 h53\"><div class=\"t m0 x43 hb3 y588 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1ef y16f7 w120 h53\"><div class=\"t m0 x96 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1f0 y16f7 w1f7 h53\"><div class=\"t m0 x96 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y16f8 w1f6 h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Variazione fair value altri titoli </div></td><td class=\"c x1ef y16f8 w120 h53\"><div class=\"t m0 x97 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1f0 y16f8 w1f7 h53\"><div class=\"t m0 x3f h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(12.881) </div></td></tr><tr><td class=\"c x1e9 y16f9 w1f6 h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale variazioni di fair value delle attivit\u00e0 e passivit\u00e0 finanziarie </div></td><td class=\"c x1ef y16f9 w120 h53\"><div class=\"t m0 x97 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1f0 y16f9 w1f7 h53\"><div class=\"t m0 x3f h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">(12.881) </div></td></tr></table>La <span class=\"_ _2\"></span>voce <span class=\"_ _2\"></span>\u201c<span class=\"ff3\">Variazioni fair <span class=\"_ _8\"></span>value altri <span class=\"_ _8\"></span>titoli<span class=\"ff6\">\u201d presenta <span class=\"_ _2\"></span><span class=\"ff4\">principalmente la <span class=\"_ _8\"></span>variazione di <span class=\"_ _8\"></span>Fair Value <span class=\"_ _8\"></span>di <span class=\"_ _2\"></span>titoli che <span class=\"_ _8\"></span>er<span class=\"_ _0\"></span>ano <span class=\"ls3\">detenuti<span class=\"_ _2\"></span> <span class=\"_ _2\"></span><span class=\"ls0\">dalla <span class=\"_ _2\"></span>Capogruppo </span></span></span></span></span>presso un importante <span class=\"_ _0\"></span>istituto di credito<span class=\"_ _0\"></span>  Il <span class=\"_ _0\"></span>por<span class=\"_ _0\"></span>tafoglio <span class=\"_ _3\"></span>titoli <span class=\"_ _0\"></span>\u00e8 <span class=\"_ _3\"></span>stato <span class=\"_ _3\"></span>definitiv<span class=\"_ _0\"></span>amente <span class=\"_ _3\"></span>ed <span class=\"_ _3\"></span>integralmente <span class=\"_ _3\"></span>dismesso <span class=\"_ _3\"></span>nel <span class=\"_ _3\"></span>corso <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>primo <span class=\"_ _3\"></span>semestre <span class=\"_ _3\"></span>2024 <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>quindi <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>oner<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>iscritti <span class=\"_ _3\"></span>nel conto <span class=\"_ _4\"></span>economico <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span><span class=\"ff6\">2024 <span class=\"_ _4\"></span>risultano <span class=\"_ _4\"></span>essere <span class=\"_ _4\"></span>conseguiti <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>titolo <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>finitivo. <span class=\"_ _4\"></span>Si <span class=\"_ _3\"></span>seg<span class=\"_ _0\"></span>nala <span class=\"_ _4\"></span>che, <span class=\"_ _4\"></span>dall\u2019accension<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>all\u2019estinzione, <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>gestione </span>patrimoniale aveva ge<span class=\"_ _0\"></span>nerato com<span class=\"_ _0\"></span>plessivamente un flusso po<span class=\"_ _0\"></span>sitivo per Euro 5<span class=\"_ _0\"></span>,7 milioni.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-295": {
   "value": "Proventi finan<span class=\"_ _0\"></span>ziari Al <span class=\"_ _2\"></span>31 dicembre 2025 <span class=\"_ _2\"></span>i proventi finanziari della <span class=\"_ _2\"></span>Societ\u00e0 ammontano ad <span class=\"_ _2\"></span>Euro<span class=\"_ _0\"></span> <span class=\"ls3\">200.769</span> <span class=\"_ _2\"></span>contro gli <span class=\"_ _2\"></span>Euro 699.711 <span class=\"ff6\">dell\u2019esercizio precedente</span><span class=\"lsa\">. </span>Di seguito se ne riporta un de<span class=\"_ _0\"></span>ttaglio:<span class=\"_ _0\"></span>  <div class=\"gs89\"><table class=\"s w330 h28a\" id=\"_24ba4aea-6976-4653-a410-df3f81a4cbbd\"><tr><td class=\"c x195 y16fa w1f8 h1b8\"><div class=\"t m0 x2b hb3 y50c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1ec y16fa w1f9 h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1f1 y16fa w1fa h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y16fb w1f8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Differenze di cambio attive </div></td><td class=\"c x1ec y16fb w1f9 h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 174.225  </div></td><td class=\"c x1f1 y16fb w1fa h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 34.352  </div></td></tr><tr><td class=\"c x195 y16fc w1f8 h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Interessi bancari attivi </div></td><td class=\"c x1ec y16fc w1f9 h39\"><div class=\"t m0 x2d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 26.544  </div></td><td class=\"c x1f1 y16fc w1fa h39\"><div class=\"t m0 xea h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 5.473  </div></td></tr><tr><td class=\"c x195 y16fd w1f8 h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Interessi credito leakages  </div></td><td class=\"c x1ec y16fd w1f9 h1b8\"><div class=\"t m0 x92 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1f1 y16fd w1fa h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 659.886  </div></td></tr><tr><td class=\"c x195 y16fe w1f8 h39\"><div class=\"t m0 x2b h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">Totale proventi finanziari </div></td><td class=\"c x1ec y16fe w1f9 h39\"><div class=\"t m0 x1b h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\">200.769 </div></td><td class=\"c x1f1 y16fe w1fa h39\"><div class=\"t m0 x7c h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\"> 699.711  </div></td></tr></table></div><div class=\"c w2 h0 gs8a\"><div class=\"t m0 x0 h4 yae1 ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x0 h4 yb72 ff6 fs0 fc1 sc0 ls0 ws0\">Nel <span class=\"_ _3\"></span>corso <span class=\"_ _3\"></span>del <span class=\"_ _3\"></span>secon<span class=\"_ _0\"></span>do <span class=\"_ _3\"></span>semestre <span class=\"_ _3\"></span>2024, <span class=\"_ _4\"></span>la <span class=\"_ _0\"></span>Societ\u00e0 <span class=\"_ _4\"></span>capogruppo <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>incassato <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>credito <span class=\"_ _4\"></span>finanziario <span class=\"_ _3\"></span>precedentemente <span class=\"_ _3\"></span>iscritto <span class=\"_ _4\"></span>nell\u2019<span class=\"_ _0\"></span><span class=\"ff4\">attivo<span class=\"_ _0\"></span> </span></div><div class=\"t m0 x0 h4 y11eb ff6 fs0 fc1 sc0 ls0 ws0\">corrente <span class=\"_ _3\"></span>a <span class=\"_ _3\"></span>titolo <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Credito<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Leaka<span class=\"_ _0\"></span>ges; <span class=\"_ _3\"></span>solo <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>momento <span class=\"_ _3\"></span>dell\u2019incass<span class=\"_ _0\"></span>o, <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>stati <span class=\"_ _3\"></span>registr<span class=\"_ _0\"></span>ati <span class=\"_ _0\"></span>a <span class=\"_ _3\"></span>conto <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>onomico <span class=\"_ _3\"></span>anche <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>inter<span class=\"_ _3\"></span><span class=\"ff4\">essi <span class=\"_ _3\"></span>att<span class=\"_ _0\"></span>ivi </span></div><div class=\"t m0 x0 h4 yc2c ff4 fs0 fc1 sc0 ls0 ws0\">maturati dalla data di spett<span class=\"_ _0\"></span>anza del credito. <span class=\"_ _0\"></span> </div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-296": {
   "value": "Oneri fin<span class=\"_ _0\"></span>anziari Al <span class=\"_ _7\"> </span>31 <span class=\"_ _7\"> </span>dicembre  2025 <span class=\"_ _7\"> </span>gli <span class=\"_ _7\"> </span>oneri  finanziari <span class=\"_ _7\"> </span>della  S<span class=\"_ _2\"></span>ociet\u00e0  ammontano <span class=\"_ _7\"> </span>ad  E<span class=\"_ _2\"></span>uro  <span class=\"ls3\">3.046.807</span> <span class=\"_ _7\"> </span>contro  gli <span class=\"_ _9\"> </span>Euro  <span class=\"ls3\">3.498.895</span> <span class=\"_ _7\"> </span><span class=\"ff6\">dell\u2019esercizio<span class=\"_ _0\"></span> </span>precedente. Di seguito se <span class=\"_ _0\"></span>ne riporta un<span class=\"_ _0\"></span> dettaglio:<span class=\"ff5\"> </span><table class=\"s w331 h28b\" id=\"_7af4fec1-6c97-4e43-9c79-ea5e2e579a96\"><tr><td class=\"c x195 y16ff w1fb h1b8\"><div class=\"t m0 x2b hb3 y27c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1ec y16ff w1ee h1b8\"><div class=\"t m0 x50 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1c6 y16ff w1f5 h1b8\"><div class=\"t m0 x100 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y1700 w1fb h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Interessi passivi su finanziamenti e mutui bancari </div></td><td class=\"c x1ec y1700 w1ee h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">2.</span>601.049  </div></td><td class=\"c x1c6 y1700 w1f5 h1b8\"><div class=\"t m0 x8d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 2.935.613  </div></td></tr><tr><td class=\"c x195 y1701 w1fb h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Interessi passivi di c/c bancario </div></td><td class=\"c x1ec y1701 w1ee h1b8\"><div class=\"t m0 x7c h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 105.789  </div></td><td class=\"c x1c6 y1701 w1f5 h1b8\"><div class=\"t m0 x97 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">149.178   </div></td></tr><tr><td class=\"c x195 y1702 w1fb h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Differenze di cambio passive </div></td><td class=\"c x1ec y1702 w1ee h39\"><div class=\"t m0 x2d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 96.164  </div></td><td class=\"c x1c6 y1702 w1f5 h39\"><div class=\"t m0 x7c h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 139.068  </div></td></tr><tr><td class=\"c x195 y1703 w1fb h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Oneri finanziari su attualizzazione del TFR </div></td><td class=\"c x1ec y1703 w1ee h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 64.874  </div></td><td class=\"c x1c6 y1703 w1f5 h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 63.098  </div></td></tr><tr><td class=\"c x195 y1704 w1fb h1b8\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Interessi passivi Factoring </div></td><td class=\"c x1ec y1704 w1ee h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 82.478  </div></td><td class=\"c x1c6 y1704 w1f5 h1b8\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 99.881  </div></td></tr><tr><td class=\"c x195 y1705 w1fb h39\"><div class=\"t m0 x2b h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Interessi passivi per anticipi fatture </div></td><td class=\"c x1ec y1705 w1ee h39\"><div class=\"t m0 x2d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 54.149  </div></td><td class=\"c x1c6 y1705 w1f5 h39\"><div class=\"t m0 x93 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">53.105     </div></td></tr><tr><td class=\"c x195 y1706 w1fb h1d0\"><div class=\"t m0 x2b h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">Interessi su passivit\u00e0 finanziarie per lease </div></td><td class=\"c x1ec y1706 w1ee h1d0\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 42.303  </div></td><td class=\"c x1c6 y1706 w1f5 h1d0\"><div class=\"t m0 x2d h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\"> 58.951  </div></td></tr><tr><td class=\"c x195 y1707 w1fb h1b8\"><div class=\"t m0 x2b h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">Totale oneri finanziari </div></td><td class=\"c x1ec y1707 w1ee h1b8\"><div class=\"t m0 x7d h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\">3.046.807 </div></td><td class=\"c x1c6 y1707 w1f5 h1b8\"><div class=\"t m0 x8d h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 3.498.895  </div></td></tr></table>Nella  voce <span class=\"_ _7\"> </span>Interessi  passivi <span class=\"_ _7\"> </span>su  finanziamenti <span class=\"_ _7\"> </span>e  mutui <span class=\"_ _7\"> </span>bancari  \u00e8 <span class=\"_ _7\"> </span>inclusa  la <span class=\"_ _7\"> </span>quota  residua <span class=\"_ _7\"> </span>de<span class=\"_ _0\"></span><span class=\"ff6\">rivante  dall\u2019applicazione  de</span>l <span class=\"_ _7\"> </span>costo<span class=\"_ _0\"></span> ammortizzato per i finanziam<span class=\"_ _0\"></span>enti anticipatam<span class=\"_ _0\"></span>ente estinti nel corso <span class=\"_ _0\"></span>del periodo.<span class=\"_ _0\"></span> La riduzione degli oneri finan<span class=\"_ _0\"></span>ziari \u00e8 principalmen<span class=\"_ _0\"></span>te riconducibile <span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>a riduzione dei tassi di interes<span class=\"_ _0\"></span>se.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingCostsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-297": {
   "value": "Impost<span class=\"_ _0\"></span>e sul reddito Il  totale <span class=\"_ _6\"> </span>delle  imp<span class=\"_ _0\"></span>oste  sul <span class=\"_ _6\"> </span>reddito <span class=\"_ _6\"> </span><span class=\"ff6\">dell\u2019anno  20<span class=\"_ _0\"></span>2</span>5  am<span class=\"_ _0\"></span>monta  co<span class=\"_ _0\"></span>mplessivamente <span class=\"_ _6\"> </span>ad <span class=\"_ _6\"> </span>Euro  <span class=\"ls3\">3.</span>473.<span class=\"_ _0\"></span>001 <span class=\"_ _6\"> </span>contro  gli  E<span class=\"_ _0\"></span>uro <span class=\"_ _6\"> </span><span class=\"ls3\">3.676.060 </span>dell\u2019esercizio precedente<span class=\"_ _0\"></span><span class=\"ff4\">. </span><table class=\"s w332 h28c\" id=\"_70c144d7-1b3c-4675-ae2f-1cdb94b5945c\"><tr><td class=\"c x195 y1708 w1fc h1cb\"><div class=\"t m0 x2b hb3 y2c0 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1f2 y1709 w333 h28d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre<span class=\"_ _75\"> </span></div></td><td class=\"c x1f3 y1709 w333 h28d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x1f4 y170a w334 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls13 ws0\">202<span class=\"ls0\">5<span class=\"_ _75\"> </span></span></div></td><td class=\"c x1f5 y170a w334 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls13 ws0\">202<span class=\"ls0\">4<span class=\"_ _75\"> </span></span></div></td></tr><tr><td class=\"c x195 y170b w1fc h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Imposte correnti </div></td><td class=\"c x1f6 y170b w6f h24\"><div class=\"t m0 x6b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.901.006  </div></td><td class=\"c x1f7 y170b w169 h24\"><div class=\"t m0 x57 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 952.274  </div></td></tr><tr><td class=\"c x195 y170c w1fc h1b7\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Imposte anticipate e differite </div></td><td class=\"c x1f6 y170c w6f h1b7\"><div class=\"t m0 x6b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.694.155  </div></td><td class=\"c x1f7 y170c w169 h1b7\"><div class=\"t m0 x6b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.793.517  </div></td></tr><tr><td class=\"c x195 y170d w1fc h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Imposte esercizi precedenti </div></td><td class=\"c x1f6 y170d w6f h24\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">(122.160)  </div></td><td class=\"c x1f7 y170d w169 h24\"><div class=\"t m0 x15 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">(69.732)  </div></td></tr><tr><td class=\"c x195 y170e w1fc h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale imposte sul reddito </div></td><td class=\"c x1f6 y170e w6f h24\"><div class=\"t m0 x6b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 3.473.001  </div></td><td class=\"c x1f7 y170e w169 h24\"><div class=\"t m0 x6b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\"> 3.676.060  </div></td></tr></table>Le <span class=\"_ _3\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>esercizi <span class=\"_ _4\"></span>precedenti <span class=\"_ _4\"></span>fanno <span class=\"_ _3\"></span>riferimento<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>all\u2019adeguam<span class=\"_ _0\"></span>ento <span class=\"_ _3\"></span>della <span class=\"_ _4\"></span>stima <span class=\"_ _3\"></span>IRAP <span class=\"_ _3\"></span>e <span class=\"_ _4\"></span>IRES <span class=\"_ _3\"></span>effettua<span class=\"_ _0\"></span>ta <span class=\"_ _4\"></span>ai <span class=\"_ _3\"></span>fini <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>bilancio, <span class=\"_ _4\"></span>in <span class=\"_ _5\"></span><span class=\"ff4\">sede <span class=\"_ _3\"></span>di </span>predisposizione dei modell<span class=\"_ _0\"></span>i fiscali. Anche al 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>5<span class=\"ls4\">, </span>la co<span class=\"_ _0\"></span>ntrollata Fine Cosm<span class=\"_ _0\"></span>etics non<span class=\"_ _0\"></span> rileva imposte <span class=\"_ _0\"></span>correnti n\u00e9<span class=\"_ _0\"></span> IRES n\u00e9 I<span class=\"_ _0\"></span>RAP<span class=\"_ _0\"></span> n\u00e9 stanzia, pr<span class=\"_ _0\"></span>udenzialmente,<span class=\"_ _0\"></span> imposte <span class=\"_ _3\"></span>anticipate <span class=\"_ _3\"></span>sulla <span class=\"_ _0\"></span>base <span class=\"_ _3\"></span>impon<span class=\"_ _0\"></span>ibile <span class=\"_ _0\"></span>nega<span class=\"_ _0\"></span>tiva <span class=\"_ _0\"></span>IRE<span class=\"_ _0\"></span>S. <span class=\"_ _0\"></span>La <span class=\"_ _3\"></span>controllante <span class=\"_ _3\"></span>Fine <span class=\"_ _3\"></span>Foods<span class=\"_ _3\"></span> <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2025 <span class=\"_ _3\"></span>ha <span class=\"_ _3\"></span>maturato <span class=\"_ _3\"></span>un <span class=\"_ _3\"></span>debito <span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r imposte corr<span class=\"_ _0\"></span>enti ai <span class=\"_ _0\"></span>fini IRAP ed<span class=\"_ _0\"></span> ha <span class=\"_ _0\"></span>utilizzato <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>toto le<span class=\"_ _0\"></span> impost<span class=\"_ _0\"></span>e anti<span class=\"_ _0\"></span>cipate stanziate <span class=\"_ _0\"></span>sulle per<span class=\"_ _0\"></span>dite f<span class=\"_ _0\"></span>iscali preg<span class=\"_ _0\"></span>resse e <span class=\"_ _0\"></span>sulla agevolazion<span class=\"_ _0\"></span>e ACE <span class=\"_ _5\"></span>a <span class=\"_ _9\"> </span>fronte <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>una <span class=\"_ _5\"></span>base <span class=\"_ _9\"> </span>imponibile <span class=\"_ _9\"> </span>IRES <span class=\"_ _5\"></span>positiva. <span class=\"_ _9\"> </span><span class=\"ff6\">L<span class=\"_ _0\"></span>a <span class=\"_ _5\"> </span>capog<span class=\"_ _0\"></span>ruppo <span class=\"_ _9\"> </span>Fine <span class=\"_ _5\"></span>Foods <span class=\"_ _9\"> </span>ha <span class=\"_ _5\"></span>stanziato<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>le <span class=\"_ _9\"> </span>imposte <span class=\"_ _9\"> </span>d\u2019esercizio <span class=\"_ _5\"></span>a<span class=\"_ _3\"></span></span>i <span class=\"_ _5\"></span>fini <span class=\"_ _9\"> </span>IRES applicando la cosiddetta a<span class=\"_ _0\"></span>liquota prem<span class=\"_ _0\"></span>iale (20% rispetto al 24<span class=\"_ _0\"></span>%), previa verifica del rispetto di tut<span class=\"_ _0\"></span>ti i requisiti di acce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span><span class=\"ls3\">o.<span class=\"_ _0\"></span></span> La riconciliazione <span class=\"_ _2\"></span>tra le <span class=\"_ _8\"></span>imposte<span class=\"_ _0\"></span> sul <span class=\"_ _8\"></span>reddito<span class=\"_ _0\"></span> contabilizzate <span class=\"_ _8\"></span>e le imposte <span class=\"_ _8\"></span>teo<span class=\"_ _0\"></span>riche risultanti <span class=\"_ _2\"></span>dall\u2019applicazione dell\u2019aliquota<span class=\"_ _0\"></span><span class=\"ff4\"> in <span class=\"_ _8\"></span>vigor<span class=\"_ _0\"></span>e in <span class=\"_ _8\"></span>Italia<span class=\"_ _0\"></span> </span>all\u2019utile ante imposte per gli e<span class=\"_ _0\"></span>sercizi chiusi al 31<span class=\"_ _0\"></span> dicembre 202<span class=\"_ _0\"></span><span class=\"ff4\">5 e 2<span class=\"_ _0\"></span>024 \u00e8 la segue<span class=\"_ _0\"></span>nte: </span><table class=\"s w335 h28e\" id=\"_8f2467d6-5b6c-417b-af00-9d50273abcd5\"><tr><td class=\"c x195 y170f w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0)  </div></td><td class=\"c x1f8 y170f w1fe h1b8\"><div class=\"t m0 x15 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x199 y170f w1ff h1b8\"><div class=\"t m0 x15 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y1710 w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) ante imposte dalla gestione delle attivit\u00e0 in funzionamento<span class=\"ff5\"> </span></div></td><td class=\"c x1f8 y1710 w1fe h1b8\"><div class=\"t m0 x33 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">13.</span>570.287  </div></td><td class=\"c x199 y1710 w1ff h1b8\"><div class=\"t m0 x5b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">11.831.939 </div></td></tr><tr><td class=\"c x195 y1711 w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) ante imposte delle attivit\u00e0 destinate alla dismissione<span class=\"ff5\"> </span></div></td><td></td><td class=\"c x199 y1711 w1ff h1b8\"><div class=\"t m0 x108 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1712 w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Utile/(perdita) contabile prima delle imposte </div></td><td class=\"c x1f8 y1712 w1fe h1b8\"><div class=\"t m0 x33 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\"> 13.570.287 </div></td><td class=\"c x199 y1712 w1ff h1b8\"><div class=\"t m0 x5b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">11.831.939 </div></td></tr><tr><td class=\"c x195 y1713 w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Imposte sul reddito teoriche <span class=\"ff4\"> </span></div></td><td class=\"c x1f8 y1713 w1fe h1b8\"><div class=\"t m0 x7e h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">3.</span>161.233  </div></td><td class=\"c x199 y1713 w1ff h1b8\"><div class=\"t m0 x7e h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\"> 3.301.111 </div></td></tr><tr><td class=\"c x195 y1714 w1fd h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Effetto fiscale sulle differenze permanenti </div></td><td class=\"c x1f8 y1714 w1fe h1b8\"><div class=\"t m0 x3d h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\"> 176.494  </div></td><td class=\"c x199 y1714 w1ff h1b8\"><div class=\"t m0 x7d h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">141.233 </div></td></tr><tr><td class=\"c x195 y1715 w1fd h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Effetto fiscale sulle differenze temporanee </div></td><td class=\"c x1f8 y1715 w1fe h1b8\"><div class=\"t m0 x24 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">(9.580)  </div></td><td class=\"c x199 y1715 w1ff h1b8\"><div class=\"t m0 x89 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">(160.165) </div></td></tr><tr><td class=\"c x195 y1716 w1fd h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Effetto sulle agevolazioni fiscali </div></td><td class=\"c x1f8 y1716 w1fe h1b8\"><div class=\"t m0 x89 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">(638.004)  </div></td><td class=\"c x199 y1716 w1ff h1b8\"><div class=\"t m0 x89 h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">(672.379) </div></td></tr><tr><td class=\"c x197 y1717 w336 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">Effetto base imponibile IRAP negativa + mancato stanziamento<span class=\"_ _2\"></span> anticipate s<span class=\"_ _0\"></span>u base</div></td><td class=\"c x1f8 y1718 w1fe h1cb\"><div class=\"t m0 x3d h7 y2c0 ff4 fs2 fc1 sc0 ls0 ws0\"> 642.821  </div></td><td class=\"c x199 y1718 w1ff h1cb\"><div class=\"t m0 x54 h7 y2c0 ff4 fs2 fc1 sc0 ls0 ws0\">1.103.903 </div></td></tr><tr><td class=\"c x197 y1719 w337 h262\"><div class=\"t m0 x196 h7 y156c ff4 fs2 fc1 sc0 ls0 ws0\">imponibile IRES negativa<span class=\"_ _75\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c x195 y171a w1fd h1b8\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Imposte sul reddito<span class=\"ff4\"> </span></div></td><td class=\"c x1f8 y171a w1fe h1b8\"><div class=\"t m0 x7e h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\"> 3.332.965  </div></td><td class=\"c x199 y171a w1ff h1b8\"><div class=\"t m0 x54 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">3.713.703 </div></td></tr><tr><td class=\"c x195 y171b w1fd h39\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Aliquota fiscale effettiva sul reddito: </div></td><td class=\"c x1f8 y171b w1fe h39\"><div class=\"t m0 xea h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">25% </div></td><td class=\"c x199 y171b w1ff h39\"><div class=\"t m0 xea h35 y50c ff5 fs2 fc1 sc0 ls13 ws0\">31%<span class=\"ls0\"> </span></div></td></tr></table>Per <span class=\"_ _8\"></span>quanto concerne <span class=\"_ _8\"></span>il <span class=\"_ _8\"></span>dettaglio<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>circa <span class=\"_ _2\"></span>le <span class=\"_ _8\"></span>imposte <span class=\"_ _2\"></span>differite <span class=\"_ _2\"></span>si <span class=\"_ _8\"></span>rimanda alla <span class=\"_ _2\"></span><span class=\"ls3\">3.6<span class=\"ls0\"> <span class=\"_ _8\"></span>Attiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _8\"></span>per <span class=\"_ _2\"></span>imposte <span class=\"_ _2\"></span>anticipate <span class=\"_ _2\"></span>e <span class=\"_ _2\"></span>alla <span class=\"_ _8\"></span>nota <span class=\"ls3\">3.7</span> <span class=\"_ _8\"></span>Fondo <span class=\"_ _8\"></span>imp<span class=\"_ _0\"></span>oste </span></span>differite.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-298": {
   "value": "Utile/(per<span class=\"_ _0\"></span>dita) per azione L\u2019utile/(perdita) <span class=\"_ _2\"></span>base <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _8\"></span>azione \u00e8 <span class=\"_ _8\"></span>calcolato dividendo <span class=\"_ _8\"></span>l\u2019utile <span class=\"_ _2\"></span>dell\u2019anno attribuibile <span class=\"_ _8\"></span>agli <span class=\"_ _2\"></span>azionisti <span class=\"_ _2\"></span>ordinari <span class=\"_ _2\"></span>della <span class=\"_ _8\"></span>Soc<span class=\"_ _0\"></span>iet\u00e0 <span class=\"ff4\">per <span class=\"_ _8\"></span>il <span class=\"_ _2\"></span>numero <span class=\"_ _2\"></span>medio </span>ponderato delle azioni or<span class=\"_ _0\"></span>dinarie in circolazione d<span class=\"_ _0\"></span>urante l\u2019anno.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>L\u2019utile/(perdita) <span class=\"_ _9\"> </span>per <span class=\"_ _5\"></span>azione <span class=\"_ _9\"> </span>diluito <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _5\"></span>calcolato <span class=\"_ _9\"> </span>dividendo <span class=\"_ _9\"> </span>l\u2019utile <span class=\"_ _5\"></span>attri<span class=\"_ _0\"></span>buibile <span class=\"_ _5\"></span>agli<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>azioni<span class=\"_ _0\"></span>sti <span class=\"_ _5\"></span>ordinari <span class=\"_ _9\"> </span>della <span class=\"_ _9\"> </span>Societ\u00e0 <span class=\"_ _5\"> </span>pe<span class=\"_ _0\"></span>r <span class=\"_ _5\"></span>il  <span class=\"ff4\">numero <span class=\"_ _5\"></span>medio<span class=\"_ _0\"></span> </span>ponderato <span class=\"_ _2\"></span>delle <span class=\"_ _8\"></span>azioni <span class=\"_ _2\"></span>ordinarie <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>circolazione <span class=\"_ _2\"></span>durante <span class=\"_ _2\"></span>l\u2019anno <span class=\"_ _8\"></span>e <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>q<span class=\"_ _0\"></span>uelle <span class=\"_ _2\"></span>potenzialmente <span class=\"_ _2\"></span>derivanti <span class=\"_ _8\"></span>da<span class=\"_ _0\"></span>lla conversione<span class=\"ff4\"> <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>tut<span class=\"_ _0\"></span>ti <span class=\"_ _8\"></span>gli <span class=\"_ _2\"></span>strumenti </span>di capitale convertibili. <span class=\"_ _0\"></span> Di seguito sono esposti il r<span class=\"_ _0\"></span>isultato e le inform<span class=\"_ _0\"></span>azioni sulle azioni utili<span class=\"_ _0\"></span>zzati ai fini del calcolo dell<span class=\"_ _0\"></span>\u2019utile per azione b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span><span class=\"ff4\"> e diluito.<span class=\"_ _0\"></span> </span><table class=\"s w338 h28f\" id=\"_d883852c-4b90-463d-a7d0-34010c989487\"><tr><td></td><td class=\"c x1e7 y171c w201 h31\"><div class=\"t m0 x66 h5 yf87 ff5 fs0 fc1 sc0 ls3 ws0\">2025<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y171c w202 h31\"><div class=\"t m0 x66 h5 yf87 ff5 fs0 fc1 sc0 ls3 ws0\">2024<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y171d w200 h179\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls0 ws0\">Utile attribu<span class=\"_ _0\"></span>ibile agli azionisti della Societ\u00e0 per<span class=\"_ _0\"></span> utile base <span class=\"_ _0\"></span> </div></td><td class=\"c x1e7 y171d w201 h179\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">10.097.286<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y171d w202 h179\"><div class=\"t m0 x5a h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">8.155.879<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y171e w200 h19b\"><div class=\"t m0 x2b h5 y505 ffd fs0 fc1 sc0 ls0 ws0\">Numero med<span class=\"_ _0\"></span>io ponderato di azioni (esclu<span class=\"_ _0\"></span>se le azioni proprie) ai fini d<span class=\"_ _0\"></span>ell\u2019utile base per<span class=\"_ _0\"></span> azione*<span class=\"_ _0\"></span><span class=\"ff5\"> </span></div></td><td class=\"c x1e7 y171e w201 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">24.342.345<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y171e w202 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">24.482.770<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y171f w200 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Ordinarie </div></td><td class=\"c x1e7 y171f w201 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">20.842.345<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y171f w202 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">20.982.770<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1720 w200 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni a Voto Plurimo<span class=\"_ _0\"></span> </div></td><td class=\"c x1e7 y1720 w201 h179\"><div class=\"t m0 x5a h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">3.500.000<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1720 w202 h179\"><div class=\"t m0 x5a h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">3.500.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1721 w200 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls0 ws0\">Numero med<span class=\"_ _0\"></span>io ponderato di azioni rett<span class=\"_ _0\"></span>ificato per effetto della diluizione *<span class=\"_ _3\"></span> </div></td><td class=\"c x1e7 y1721 w201 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">24.342.345<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1721 w202 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls3 ws0\">25.560.125<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1722 w200 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Ordinarie </div></td><td class=\"c x1e7 y1722 w201 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">20.842.345<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1722 w202 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">22.060.125<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1723 w200 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Riscattabili<span class=\"_ _0\"></span> </div></td><td class=\"c x1e7 y1723 w201 h179\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dd y1723 w202 h179\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1724 w200 h19b\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni a Voto Plurimo<span class=\"_ _0\"></span> </div></td><td class=\"c x1e7 y1724 w201 h19b\"><div class=\"t m0 x5a h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">3.500.000<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1724 w202 h19b\"><div class=\"t m0 x5a h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">3.500.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1725 w200 h179\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Speciali  </div></td><td class=\"c x1e7 y1725 w201 h179\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dd y1725 w202 h179\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1726 w200 h19b\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Warrant convertibili<span class=\"_ _0\"></span> </div></td><td class=\"c x1e7 y1726 w201 h19b\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1dd y1726 w202 h19b\"><div class=\"t m0 x49 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1727 w200 h179\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls0 ws0\">EPS Base </div></td><td class=\"c x1e7 y1727 w201 h179\"><div class=\"t m0 x56 h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">0,4<span class=\"ls0\">1</span><span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1727 w202 h179\"><div class=\"t m0 x56 h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">0,3<span class=\"ls0\">3</span><span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1728 w200 h19b\"><div class=\"t m0 x2b h5 y505 ff5 fs0 fc1 sc0 ls0 ws0\">EPS Diluito </div></td><td class=\"c x1e7 y1728 w201 h19b\"><div class=\"t m0 x56 h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">0,4<span class=\"ls0\">1</span><span class=\"ls0\"> </span></div></td><td class=\"c x1dd y1728 w202 h19b\"><div class=\"t m0 x56 h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">0,3<span class=\"ls0\">3</span><span class=\"ls0\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-299": {
   "value": "<span class=\"_ _6f\"> </span><span class=\"ff5\"> Immobili, impianti e m<span class=\"_ _2\"></span>acchinari </span>Il valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>delle <span class=\"_ _3\"></span>immobilizzazioni<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>materiali <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dice<span class=\"_ _0\"></span>mbre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>risulta <span class=\"_ _0\"></span>esser<span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span><span class=\"ls3\">144.157.789</span> <span class=\"_ _0\"></span>contr<span class=\"_ _0\"></span>o gli<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>Euro 1<span class=\"ls3\">26.139.936</span> <span class=\"_ _f\"> </span>al <span class=\"_ _6\"> </span>31 <span class=\"_ _f\"> </span>dicembre <span class=\"_ _f\"> </span>2024. <span class=\"_ _f\"> </span>Qui <span class=\"_ _6\"> </span>di <span class=\"_ _f\"> </span>seguito <span class=\"_ _f\"> </span>la <span class=\"_ _6\"> </span>movim<span class=\"_ _0\"></span>entazione <span class=\"_ _f\"> </span>delle <span class=\"_ _f\"> </span>immobilizzazioni <span class=\"_ _f\"> </span>materiali <span class=\"_ _6\"> </span>e<span class=\"_ _0\"></span> <span class=\"_ _6\"> </span>de<span class=\"_ _0\"></span>i <span class=\"_ _6\"> </span>r<span class=\"_ _0\"></span>ispettivi <span class=\"_ _f\"> </span>fondi ammortamento.<span class=\"_ _0\"></span> <table class=\"s w339 h290\" id=\"_d1bf0094-f3af-4051-8706-53d4703e05db\"><tr><td></td><td></td><td></td><td class=\"c x1f9 y1729 w33a h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Attrezzatur<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></div></td><td></td><td class=\"c x1fa y172a w33b h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Immobilizzazio<span class=\"_ _0\"></span>ni</div></td><td class=\"c x1fb y172a w33c h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Totale<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y172b w203 ha7\"><div class=\"t m0 x2b h2 y78e ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>)  </div></td><td class=\"c x1fc y172c w33d h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Terreni e</div></td><td class=\"c x1fd y172c w33e h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Impianti e</div></td><td class=\"c x1fe y172d w33f h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">industrial<span class=\"_ _0\"></span>i e<span class=\"_ _75\"> </span></div></td><td class=\"c x1ff y172b w205 ha7\"><div class=\"t m0 x55 h5 y78e ff5 fs0 fc1 sc0 ls0 ws0\">Altri beni </div></td><td class=\"c x200 y172c w340 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">in corso e<span class=\"_ _75\"> </span></div></td><td class=\"c x201 y172c w341 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">immobili<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x202 y172e w342 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">fabbricati</div></td><td class=\"c x203 y172e w343 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">macchinar<span class=\"_ _0\"></span>i</div></td><td class=\"c x1f9 y172f w344 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">commercia<span class=\"_ _0\"></span>li<span class=\"_ _75\"> </span></div></td><td></td><td class=\"c x204 y172e w345 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">acconti a<span class=\"_ _75\"> </span></div></td><td class=\"c x205 y172e w346 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">impianti e<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x197 y1730 w347 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Costo stor<span class=\"_ _0\"></span>ico - <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td></td><td></td><td></td><td></td><td class=\"c x206 y1731 w348 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">fornitori<span class=\"_ _75\"> </span></div></td><td class=\"c x207 y1731 w343 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">macchinar<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x208 y1732 w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">76.711.025<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1732 w205 h9f\"><div class=\"t m0 x96 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">133.059.122<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1732 w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">14.681.549<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1732 w205 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">11.272.537<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1732 w206 h9f\"><div class=\"t m0 x11e h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">30.679.148<span class=\"ls0\"> </span></div></td><td class=\"c x1d8 y1732 w207 h9f\"><div class=\"t m0 x96 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">266.403.381<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1733 w349 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>024<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1734 w203 h29\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x208 y1734 w204 h29\"><div class=\"t m0 x3b h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">3.315.816<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1734 w205 h29\"><div class=\"t m0 x3b h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">3.856.366<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1734 w204 h29\"><div class=\"t m0 x3b h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">2.152.923<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1734 w205 h29\"><div class=\"t m0 x3b h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">2.256.606<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1734 w206 h29\"><div class=\"t m0 x11e h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">23.070.243<span class=\"ls0\"> </span></div></td><td class=\"c x1d8 y1734 w207 h29\"><div class=\"t m0 x90 h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">34.651.954<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1735 w203 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Decrementi </div></td><td class=\"c x208 y1735 w204 h24\"><div class=\"t m0 x79 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">(13.450) </div></td><td class=\"c x209 y1735 w205 h24\"><div class=\"t m0 x5d h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">(864.820) </div></td><td class=\"c x20a y1735 w204 h24\"><div class=\"t m0 x5d h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">(159.393) </div></td><td class=\"c x1ff y1735 w205 h24\"><div class=\"t m0 x5d h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">(505.787) </div></td><td class=\"c x20b y1735 w206 h24\"><div class=\"t m0 x7e h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1735 w207 h24\"><div class=\"t m0 x67 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">(1.543.450) </div></td></tr><tr><td class=\"c x195 y1736 w203 h29\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Riclassifiche </div></td><td class=\"c x208 y1736 w204 h29\"><div class=\"t m0 x90 h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">16.936.649<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1736 w205 h29\"><div class=\"t m0 x90 h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">15.833.581<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1736 w204 h29\"><div class=\"t m0 x66 h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">546.709<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1736 w205 h29\"><div class=\"t m0 x3b h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">1.036.960<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1736 w206 h29\"><div class=\"t m0 x6a h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(34.353.899)<span class=\"_ _0\"></span> </div></td><td class=\"c x1d8 y1736 w207 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1737 w203 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Svalutazione  </div></td><td class=\"c x208 y1737 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x209 y1737 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20a y1737 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1ff y1737 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20b y1737 w206 h24\"><div class=\"t m0 x7e h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1737 w207 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1738 w203 h29\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Altre variazioni </div></td><td class=\"c x208 y1738 w204 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x209 y1738 w205 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20a y1738 w204 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1ff y1738 w205 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20b y1738 w206 h29\"><div class=\"t m0 x72 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(25.034) </div></td><td class=\"c x1d8 y1738 w207 h29\"><div class=\"t m0 x79 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(25.034) </div></td></tr><tr><td class=\"c x197 y173a w347 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Costo stor<span class=\"_ _0\"></span>ico - <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td class=\"c x208 y173b w204 h1f4\"><div class=\"t m0 x90 h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">96.950.040<span class=\"ls0\"> </span></div></td><td class=\"c x209 y173b w205 h1f4\"><div class=\"t m0 x96 h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">151.884.248<span class=\"ls0\"> </span></div></td><td class=\"c x20a y173b w204 h1f4\"><div class=\"t m0 x90 h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">17.221.788<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y173b w205 h1f4\"><div class=\"t m0 x90 h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">14.060.316<span class=\"ls0\"> </span></div></td><td class=\"c x20b y173b w206 h1f4\"><div class=\"t m0 x11e h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">19.370.458<span class=\"ls0\"> </span></div></td><td class=\"c x1d8 y173b w207 h1f4\"><div class=\"t m0 x96 h5 y1208 ff5 fs0 fc1 sc0 ls3 ws0\">299.486.850<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y173c w349 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>025<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y173d w34a h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Fondo ammo<span class=\"_ _0\"></span>rtamento - <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td class=\"c x208 y173e w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">29.228.741<span class=\"ls0\"> </span></div></td><td class=\"c x209 y173e w205 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">90.070.010<span class=\"ls0\"> </span></div></td><td class=\"c x20a y173e w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">12.546.845<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y173e w205 h9f\"><div class=\"t m0 x3b h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">8.417.849<span class=\"ls0\"> </span></div></td><td class=\"c x20b y173e w206 h9f\"><div class=\"t m0 x7e h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y173e w207 h9f\"><div class=\"t m0 x96 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">140.263.444<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y173f w349 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>024<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x195 y1740 w203 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x208 y1740 w204 h24\"><div class=\"t m0 x3b h4 y588 ff4 fs0 fc1 sc0 ls3 ws0\">3.293.838<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1740 w205 h24\"><div class=\"t m0 x90 h4 y588 ff4 fs0 fc1 sc0 ls3 ws0\">10.370.449<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1740 w204 h24\"><div class=\"t m0 x3b h4 y588 ff4 fs0 fc1 sc0 ls3 ws0\">1.612.771<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1740 w205 h24\"><div class=\"t m0 x3b h4 y588 ff4 fs0 fc1 sc0 ls3 ws0\">1.244.044<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1740 w206 h24\"><div class=\"t m0 x7e h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1740 w207 h24\"><div class=\"t m0 x90 h4 y588 ff4 fs0 fc1 sc0 ls3 ws0\">16.521.102<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1741 w203 h29\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Decrementi </div></td><td class=\"c x208 y1741 w204 h29\"><div class=\"t m0 x6b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(5.548) </div></td><td class=\"c x209 y1741 w205 h29\"><div class=\"t m0 x5d h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(855.247) </div></td><td class=\"c x20a y1741 w204 h29\"><div class=\"t m0 x5d h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(159.148) </div></td><td class=\"c x1ff y1741 w205 h29\"><div class=\"t m0 x5d h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(435.542) </div></td><td class=\"c x20b y1741 w206 h29\"><div class=\"t m0 x7e h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1741 w207 h29\"><div class=\"t m0 x67 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">(1.455.486) </div></td></tr><tr><td class=\"c x195 y1742 w203 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Riclassifiche </div></td><td class=\"c x208 y1742 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x209 y1742 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20a y1742 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1ff y1742 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20b y1742 w206 h24\"><div class=\"t m0 x7e h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1742 w207 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1743 w203 h29\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Svalutazione </div></td><td class=\"c x208 y1743 w204 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x209 y1743 w205 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20a y1743 w204 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1ff y1743 w205 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20b y1743 w206 h29\"><div class=\"t m0 x7e h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1743 w207 h29\"><div class=\"t m0 x32 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1744 w203 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Altre variazioni  </div></td><td class=\"c x208 y1744 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x209 y1744 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20a y1744 w204 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1ff y1744 w205 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x20b y1744 w206 h24\"><div class=\"t m0 x7e h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1d8 y1744 w207 h24\"><div class=\"t m0 x32 h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x197 y1745 w34b h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Fondo ammo<span class=\"_ _0\"></span>rtamento <span class=\"ffd\">\u2013</span> <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td class=\"c x208 y1746 w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">32.517.031<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1746 w205 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">99.585.212<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1746 w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">14.000.467<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1746 w205 h9f\"><div class=\"t m0 x3b h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">9.226.351<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1746 w206 h9f\"><div class=\"t m0 x54 h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1d8 y1746 w207 h9f\"><div class=\"t m0 x96 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">155.329.061<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1747 w349 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>025<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y1748 w34c h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Valore netto<span class=\"_ _0\"></span> contabile <span class=\"ffd\">\u2013</span> <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td class=\"c x208 y1749 w204 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">47.482.285<span class=\"ls0\"> </span></div></td><td class=\"c x209 y1749 w205 h9f\"><div class=\"t m0 x90 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">42.989.112<span class=\"ls0\"> </span></div></td><td class=\"c x20a y1749 w204 h9f\"><div class=\"t m0 x3b h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">2.134.704<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y1749 w205 h9f\"><div class=\"t m0 x3b h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">2.854.687<span class=\"ls0\"> </span></div></td><td class=\"c x20b y1749 w206 h9f\"><div class=\"t m0 x11e h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">30.679.148<span class=\"ls0\"> </span></div></td><td class=\"c x1d8 y1749 w207 h9f\"><div class=\"t m0 x96 h5 y792 ff5 fs0 fc1 sc0 ls3 ws0\">126.139.936<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y174a w349 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>024<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x197 y174b w34c h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Valore netto<span class=\"_ _0\"></span> contabile <span class=\"ffd\">\u2013</span> <span class=\"ls3\">31<span class=\"_ _75\"> </span></span></div></td><td class=\"c x208 y174c w204 h1f5\"><div class=\"t m0 x90 h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">64.433.009<span class=\"ls0\"> </span></div></td><td class=\"c x209 y174c w205 h1f5\"><div class=\"t m0 x90 h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">52.299.037<span class=\"ls0\"> </span></div></td><td class=\"c x20a y174c w204 h1f5\"><div class=\"t m0 x3b h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">3.221.321<span class=\"ls0\"> </span></div></td><td class=\"c x1ff y174c w205 h1f5\"><div class=\"t m0 x3b h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">4.833.965<span class=\"ls0\"> </span></div></td><td class=\"c x20b y174c w206 h1f5\"><div class=\"t m0 x11e h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">19.370.458<span class=\"ls0\"> </span></div></td><td class=\"c x1d8 y174c w207 h1f5\"><div class=\"t m0 x96 h5 y120c ff5 fs0 fc1 sc0 ls3 ws0\">144.157.789<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y16c0 w349 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dicembre 2<span class=\"_ _0\"></span>025<span class=\"_ _75\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>Si <span class=\"_ _4\"></span>evidenzia <span class=\"_ _4\"></span>quale <span class=\"_ _4\"></span>principale <span class=\"_ _4\"></span>ev<span class=\"_ _0\"></span>ento <span class=\"_ _4\"></span>dell\u2019esercizio <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>com<span class=\"_ _0\"></span>pletamento <span class=\"_ _5\"></span>dell\u2019<span class=\"_ _0\"></span><span class=\"ff4\">ampliamento <span class=\"_ _4\"></span>dello <span class=\"_ _4\"></span>stab<span class=\"_ _0\"></span>ilimento <span class=\"_ _4\"></span>prod<span class=\"_ _0\"></span>uttivo <span class=\"_ _4\"></span>farmaceutico <span class=\"_ _4\"></span>di </span>Brembate <span class=\"_ _4\"></span>e <span class=\"_ _3\"></span>la <span class=\"_ _4\"></span>relativa <span class=\"_ _3\"></span>riclassif<span class=\"_ _0\"></span>icazione <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>Immobilizzazione <span class=\"_ _4\"></span>in <span class=\"_ _4\"></span>corso. <span class=\"_ _4\"></span>Si <span class=\"_ _3\"></span>segnala, <span class=\"_ _4\"></span>inoltre, <span class=\"_ _4\"></span>che <span class=\"_ _3\"></span>buona <span class=\"_ _4\"></span>parte <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>saldo <span class=\"_ _4\"></span>ancora <span class=\"_ _3\"></span>iscritto<span class=\"_ _0\"></span> nelle <span class=\"_ _0\"></span>immobilizzazioni <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>corso <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>2025 <span class=\"_ _0\"></span>fa <span class=\"_ _0\"></span>riferimento <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>acconti <span class=\"_ _0\"></span>pagati <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>l\u2019acquisto <span class=\"_ _0\"></span>di linee <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>macchine <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>pr<span class=\"_ _3\"></span><span class=\"ff4\">oduzione, </span>che, in gran parte, ver<span class=\"_ _0\"></span>ranno installate presso il sito <span class=\"_ _0\"></span>Phar<span class=\"_ _0\"></span>ma.  ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-300": {
   "value": "Avviamento  Il valore netto contabile dell\u2019a<span class=\"_ _0\"></span>vviamento <span class=\"_ _0\"></span>al 31 dicembre 202<span class=\"_ _0\"></span><span class=\"ff4\">5 risult<span class=\"_ _0\"></span>a essere pari ad Euro 1<span class=\"_ _0\"></span>1.5<span class=\"ls3\">07.954<span class=\"ls4\">. </span></span> </span><table class=\"s w34d h291\" id=\"_cbf00915-9bbb-4205-a974-a89f86e16720\"><tr><td class=\"c x1e9 y174d wf9 h53\"><div class=\"t m0 x43 h2 y503 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x20c y174d w208 h53\"><div class=\"t m0 x5d h5 y6e5 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x20d y174d w209 h53\"><div class=\"t m0 x5d h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x1e9 y174e wf9 h1ed\"><div class=\"t m0 x43 h4 y1213 ff4 fs0 fc1 sc0 ls0 ws0\">Segment reporting: Cosmetica<span class=\"_ _0\"></span> </div></td><td></td><td></td></tr><tr><td class=\"c x1e9 y174f wf9 h53\"><div class=\"t m0 x43 h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Avviamento Fine Cosm<span class=\"_ _0\"></span>etics </div></td><td class=\"c x20c y174f w208 h53\"><div class=\"t m0 x54 h4 y6e5 ff4 fs0 fc1 sc0 ls3 ws0\">11.507.954<span class=\"ls0\"> </span></div></td><td class=\"c x20d y174f w209 h53\"><div class=\"t m0 x89 h4 y6e5 ff4 fs0 fc1 sc0 ls3 ws0\">11.507.954<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y1750 wf9 h53\"><div class=\"t m0 x43 h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">Totale Avviamen<span class=\"_ _0\"></span>to  </div></td><td class=\"c x20c y1750 w208 h53\"><div class=\"t m0 x54 h5 y6e5 ff5 fs0 fc1 sc0 ls3 ws0\">11.507.954<span class=\"ls0\"> </span></div></td><td class=\"c x20d y1750 w209 h53\"><div class=\"t m0 x89 h5 y6e5 ff5 fs0 fc1 sc0 ls3 ws0\">11.507.954<span class=\"ls0\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-301": {
   "value": "Cos\u00ec com<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>richiesto <span class=\"_ _0\"></span>dal<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>incipio <span class=\"_ _0\"></span>contabile <span class=\"_ _0\"></span>internaziona<span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>IAS <span class=\"_ _0\"></span>36, <span class=\"_ _0\"></span>Il <span class=\"_ _0\"></span>Gruppo<span class=\"_ _0\"></span> eff<span class=\"_ _0\"></span>ettua <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>test <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>impair<span class=\"_ _0\"></span>ment <span class=\"_ _0\"></span>almeno <span class=\"_ _0\"></span>una <span class=\"_ _0\"></span>volta<span class=\"_ _0\"></span> <span class=\"_ _4\"></span><span class=\"ff6\">all\u2019anno <span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></span>in tut<span class=\"_ _0\"></span>te <span class=\"_ _0\"></span>le <span class=\"_ _0\"></span>circostanze <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>cui <span class=\"_ _0\"></span>si<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>manifesta <span class=\"_ _0\"></span>un <span class=\"_ _0\"></span>indicatore <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>perdita <span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>revole <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore. <span class=\"_ _0\"></span>Tra <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>vari <span class=\"_ _0\"></span>indicat<span class=\"_ _0\"></span>ori <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>perdit<span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>valore, <span class=\"_ _0\"></span>il <span class=\"_ _0\"></span>Grup<span class=\"_ _0\"></span>po<span class=\"_ _75\"> </span>considera elem<span class=\"_ _0\"></span>enti quali <span class=\"_ _0\"></span>i) la <span class=\"_ _0\"></span>relazione tra <span class=\"_ _0\"></span>la sua <span class=\"_ _0\"></span>capitalizzazione di <span class=\"_ _0\"></span>borsa e <span class=\"_ _0\"></span>il patrimonio <span class=\"_ _0\"></span>netto (che <span class=\"_ _0\"></span>tuttavia al <span class=\"_ _0\"></span>31 dicem<span class=\"_ _3\"></span>bre <span class=\"_ _0\"></span>2025 non<span class=\"_ _75\"> </span>evidenzia <span class=\"_ _4\"></span>indicator<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>di <span class=\"_ _5\"></span>perdita <span class=\"_ _5\"></span>di <span class=\"_ _4\"></span>valore)<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>ii) <span class=\"_ _5\"></span>i <span class=\"_ _4\"></span>risultati <span class=\"_ _5\"></span>consuntivati <span class=\"_ _5\"></span>nel <span class=\"_ _5\"></span>corso <span class=\"_ _5\"></span>dell\u2019eserciz<span class=\"_ _0\"></span><span class=\"ff4\">io <span class=\"_ _5\"></span>iii) <span class=\"_ _4\"></span>altr<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>f<span class=\"_ _0\"></span>attori <span class=\"_ _4\"></span>quali <span class=\"_ _5\"></span>ad <span class=\"_ _5\"></span>esempio <span class=\"_ _5\"></span>le <span class=\"_ _4\"></span>scelte<span class=\"_ _75\"> </span></span>strategiche di business intrapr<span class=\"_ _0\"></span>ese o ancor<span class=\"_ _0\"></span>a iv) il repentino mutamen<span class=\"_ _0\"></span>to del quadro competitivo o de<span class=\"_ _0\"></span>lle principali variabili e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omiche. La <span class=\"_ _9\"> </span>CGU <span class=\"_ _5\"></span>Cosmeti<span class=\"_ _0\"></span>ca, <span class=\"_ _9\"> </span>ora <span class=\"_ _9\"> </span>corrispondente <span class=\"_ _9\"> </span>alla <span class=\"_ _5\"> </span>societ\u00e0 <span class=\"_ _7\"> </span>Fine <span class=\"_ _9\"> </span>Cosmetics<span class=\"ls4\">, <span class=\"_ _9\"> </span></span>al <span class=\"_ _5\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>dicembre <span class=\"_ _5\"> </span>20<span class=\"_ _0\"></span>25 <span class=\"_ _9\"> </span>presenta <span class=\"_ _9\"> </span>indicatori <span class=\"_ _9\"> </span>economici <span class=\"_ _5\"> </span>(<span class=\"_ _0\"></span>EBIT)<span class=\"_ _75\"> </span>negativi. Alla luce di tali e<span class=\"_ _0\"></span>lementi gli amm<span class=\"_ _0\"></span>inistratori hanno sottopost<span class=\"_ _0\"></span>o ad impairm<span class=\"_ _0\"></span>ent test la CGU Cos<span class=\"_ _0\"></span>metica.<span class=\"_ _75\"> </span>Gli <span class=\"_ _4\"></span>Amministratori <span class=\"_ _5\"></span>hanno <span class=\"_ _5\"></span>quindi <span class=\"_ _5\"></span>determinato <span class=\"_ _5\"></span>il <span class=\"_ _4\"></span>valor<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>recuper<span class=\"_ _0\"></span>abile <span class=\"_ _4\"></span>della <span class=\"_ _4\"></span>Cash <span class=\"_ _5\"></span>Generating <span class=\"_ _5\"></span>Unit <span class=\"_ _5\"></span>Cosmetica, <span class=\"_ _4\"></span>att<span class=\"_ _0\"></span>ualizzandone <span class=\"_ _4\"></span>i <span class=\"_ _5\"></span>fl<span class=\"_ _3\"></span>ussi<span class=\"_ _75\"> </span>finanziari attesi e confrontando<span class=\"_ _0\"></span>ne il risultato con il <span class=\"_ _0\"></span>Capitale Investit<span class=\"_ _0\"></span>o Netto. In base <span class=\"_ _0\"></span>ai principi <span class=\"_ _0\"></span>contabili di <span class=\"_ _0\"></span>riferimento, <span class=\"_ _0\"></span>la stima <span class=\"_ _0\"></span>del valor<span class=\"_ _0\"></span>e d\u2019uso <span class=\"_ _0\"></span>\u00e8 effettua<span class=\"_ _0\"></span>ta attualizzando <span class=\"_ _0\"></span>i flussi <span class=\"_ _0\"></span>finanziari oper<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span><span class=\"ff4\">ivi, <span class=\"_ _0\"></span>ovvero <span class=\"_ _0\"></span>i flussi<span class=\"_ _75\"> </span></span>disponibili prima del <span class=\"_ _8\"></span>rimbor<span class=\"_ _0\"></span>so dei debiti <span class=\"_ _2\"></span>finanziari e <span class=\"_ _2\"></span>della remunerazione degli <span class=\"_ _2\"></span>azionisti ad un <span class=\"_ _2\"></span>tasso pari alla media ponderata del <span class=\"_ _8\"></span>costo<span class=\"_ _75\"> </span>del debito e dei mezzi propr<span class=\"_ _0\"></span>i (WACC).<span class=\"_ _75\"> </span>Le principali <span class=\"_ _0\"></span>assunzioni utilizzate <span class=\"_ _0\"></span>ai <span class=\"_ _0\"></span>fini della <span class=\"_ _0\"></span>determinazione <span class=\"_ _0\"></span>del valor<span class=\"_ _0\"></span>e in <span class=\"_ _0\"></span>uso della <span class=\"_ _0\"></span>CGU sono <span class=\"_ _0\"></span>relative ai <span class=\"_ _0\"></span>flussi finanzia<span class=\"_ _3\"></span>ri der<span class=\"_ _0\"></span>ivanti dal<span class=\"_ _75\"> </span>business plan azienda<span class=\"_ _0\"></span>le, al tasso di sconto ed al t<span class=\"_ _0\"></span>asso di crescita di<span class=\"_ _0\"></span> lungo periodo.<span class=\"_ _75\"> </span>G<span class=\"ff6\">li <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ministratori <span class=\"_ _3\"></span>hanno <span class=\"_ _3\"></span>stimato <span class=\"_ _0\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _3\"></span>d\u2019uso <span class=\"_ _3\"></span>della <span class=\"_ _3\"></span>CGU <span class=\"_ _0\"></span>cosm<span class=\"_ _0\"></span>etica <span class=\"_ _0\"></span>att<span class=\"_ _0\"></span>raverso <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>metodologia <span class=\"_ _3\"></span>dell\u2019unlevered <span class=\"_ _3\"></span>discounted <span class=\"_ _3\"></span>cash <span class=\"_ _4\"></span></span>flow<span class=\"_ _75\"> </span>sulla base:<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">Delle <span class=\"_ _0\"></span>proiezion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>contenute <span class=\"_ _3\"></span>nel <span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>siness <span class=\"_ _0\"></span>plan<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>sia <span class=\"_ _3\"></span>accorciando, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>ottica <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>udenziale <span class=\"_ _0\"></span>a<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>fini <span class=\"_ _3\"></span>valutativi, <span class=\"_ _3\"></span>l\u2019orizzonte <span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>porale <span class=\"_ _4\"></span><span class=\"ff4\">di<span class=\"_ _75\"> </span></span></span></span>previsione <span class=\"_ _4\"></span>analitica <span class=\"_ _4\"></span>a <span class=\"_ _4\"></span>tre <span class=\"_ _4\"></span>anni <span class=\"_ _4\"></span>quindi <span class=\"_ _4\"></span>fino <span class=\"_ _3\"></span>al <span class=\"_ _4\"></span>202<span class=\"_ _0\"></span>8<span class=\"ff6\">,<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>sia <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>lla <span class=\"_ _4\"></span>base <span class=\"_ _4\"></span>dell\u2019intero <span class=\"_ _4\"></span>orizzonte <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>cinque <span class=\"_ _4\"></span>anni<span class=\"_ _0\"></span></span>, <span class=\"_ _4\"></span>quindi <span class=\"_ _4\"></span>fino <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>2030,<span class=\"_ _75\"> </span>utilizzati dal Gruppo per la red<span class=\"_ _0\"></span>azione dei prop<span class=\"_ _0\"></span>ri piani finanziari<span class=\"_ _0\"></span>;<span class=\"_ _75\"> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Di un costo medio ponderato<span class=\"_ _0\"></span> del capitale (WACC) pa<span class=\"_ _0\"></span>ri al <span class=\"ls3\">9,</span>3<span class=\"_ _0\"></span>5% (9,65% al 31 dicembr<span class=\"_ _0\"></span>e 2024);<span class=\"_ _75\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">Di un tasso di crescita di lung<span class=\"_ _0\"></span>o periodo (<span class=\"_ _0\"></span>g) per la determinazion<span class=\"_ _0\"></span>e del terminal value pari al 2<span class=\"_ _0\"></span>%<span class=\"_ _75\"> </span></span></span>Gli <span class=\"_ _0\"></span>esercizi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>impairment <span class=\"_ _3\"></span>test <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i <span class=\"_ _3\"></span>relativi <span class=\"_ _3\"></span>piani <span class=\"_ _3\"></span>aziendali <span class=\"_ _3\"></span>sottostanti <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>stati <span class=\"_ _3\"></span>approvati <span class=\"_ _3\"></span>dal <span class=\"_ _3\"></span>consiglio <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>amministrazio<span class=\"_ _3\"></span>ne <span class=\"_ _3\"></span>riunitosi <span class=\"_ _3\"></span>in<span class=\"_ _75\"> </span>data <span class=\"ls0\">9 marzo 2026.<span class=\"_ _75\"> </span></span>Dai test condotti non emerge<span class=\"_ _0\"></span> alcuna svalutazione<span class=\"_ _0\"></span> <span class=\"ls3\">da apportare al capitale investito della CGU Cosmetica. </span>\u00c8 stata effettuata anche un\u2019anal<span class=\"_ _0\"></span>isi di sensitivit<span class=\"_ _0\"></span>y, avente ad oggetto:<span class=\"_ _75\"> </span>- <span class=\"_ _1e\"> </span>Incremen<span class=\"_ _0\"></span>to/decremento del WACC del 1<span class=\"_ _0\"></span>%<span class=\"_ _75\"> </span>- <span class=\"_ _1e\"> </span>Incremen<span class=\"_ _0\"></span>to/decremento del tasso di cr<span class=\"_ _0\"></span>escita dello 0,5%<span class=\"_ _75\"> </span>Da <span class=\"_ _4\"></span>tale <span class=\"_ _3\"></span>attivit\u00e0 <span class=\"_ _4\"></span>emer<span class=\"_ _0\"></span>ge, <span class=\"_ _4\"></span>sull\u2019impairmen<span class=\"_ _0\"></span>t <span class=\"_ _4\"></span>test <span class=\"_ _3\"></span>svolto <span class=\"_ _4\"></span>con <span class=\"_ _4\"></span>proiezione<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>esplicita <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>flussi <span class=\"_ _4\"></span>a <span class=\"_ _3\"></span>3 <span class=\"_ _4\"></span>anni, <span class=\"_ _4\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>delta <span class=\"_ _4\"></span>tra <span class=\"_ _4\"></span>Recoverable <span class=\"_ _4\"></span>A<span class=\"_ _0\"></span><span class=\"ff4\">mount <span class=\"_ _4\"></span>e<span class=\"_ _75\"> </span></span>Carrying <span class=\"_ _5\"> </span>Amount <span class=\"_ _9\"> </span>che <span class=\"_ _5\"></span>varia <span class=\"_ _9\"> </span>da <span class=\"_ _5\"></span>+ <span class=\"_ _9\"> </span>9.<span class=\"ls3\">757</span> <span class=\"_ _5\"></span>migliaia <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"> </span>a <span class=\"_ _9\"> </span><span class=\"ff6\">\u2013</span> <span class=\"_ _5\"> </span>4.5<span class=\"_ _0\"></span>38 <span class=\"_ _5\"></span><span class=\"ff6\">migliaia <span class=\"_ _9\"> </span>di <span class=\"_ _5\"></span>Euro <span class=\"_ _5\"></span>circa, <span class=\"_ _9\"> </span>mentre, <span class=\"_ _5\"></span>sull\u2019impairment <span class=\"_ _9\"> </span>test <span class=\"_ _5\"></span>svolto <span class=\"_ _9\"> </span>con<span class=\"_ _75\"> </span></span>proiezione esplicita dei flussi a 5 anni, un delta <span class=\"_ _2\"></span>tra Recoverable A<span class=\"_ _0\"></span>mount e Carrying Amount che varia da + 23.<span class=\"ls3\">596</span> migliaia di Euro a +<span class=\"_ _75\"> </span>4.<span class=\"ls3\">211</span> migliaia di Euro circa<span class=\"_ _0\"></span>, al crescere o<span class=\"_ _0\"></span> al decrescere anche co<span class=\"_ _0\"></span>ngiunto delle variabili sopr<span class=\"_ _0\"></span>a citate<span class=\"_ _3\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-302": {
   "value": "Altre immob<span class=\"_ _0\"></span>ilizzazioni immateriali<span class=\"_ _0\"></span> Il valor<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>contabile<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>mobilizzazioni <span class=\"_ _0\"></span>immateriali<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>risulta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>essere <span class=\"_ _0\"></span>pari <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>Euro <span class=\"_ _0\"></span><span class=\"ls3\">1.924.298<span class=\"_ _0\"></span></span> <span class=\"_ _0\"></span>contro <span class=\"_ _0\"></span>gli <span class=\"_ _0\"></span>Euro 1.556.083<span class=\"ls0\"> al 31 dicembre 202<span class=\"_ _0\"></span>4. </span>Qui di seguito la movimenta<span class=\"_ _0\"></span>zione delle imm<span class=\"_ _0\"></span>obilizzazioni immater<span class=\"_ _0\"></span>iali e dei rispettivi fondi am<span class=\"_ _0\"></span>mortame<span class=\"_ _0\"></span>nto.<span class=\"_ _0\"></span> <table class=\"s w34e h292\" id=\"_3108bc2a-0f9f-4f47-930c-c1637902d999\"><tr><td></td><td class=\"c x20e y1751 w34f h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Diritti di brevet<span class=\"_ _0\"></span>to<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1752 w20a h114\"><div class=\"t m0 x2b h2 y7e1 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>)  </div></td><td class=\"c x20f y1753 w350 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">industrial<span class=\"_ _0\"></span>e e diritti di<span class=\"_ _75\"> </span></div></td><td class=\"c x210 y1753 w351 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Totale imm<span class=\"_ _0\"></span>obilizzazioni<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x211 y1754 w352 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">utilizzazione d<span class=\"_ _0\"></span>elle opere<span class=\"_ _75\"> </span></div></td><td class=\"c x212 y1754 w343 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">immaterial<span class=\"_ _0\"></span>i<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x213 y1755 w353 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">dell'ingegno<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1756 w20a h39\"><div class=\"t m0 x2b h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">Costo stor<span class=\"_ _0\"></span>ico - 31 dicembre 2<span class=\"_ _0\"></span>024 </div></td><td class=\"c x214 y1756 w20b h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">7.354.817 </span> </div></td><td class=\"c x215 y1756 w1fa h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">7.354.817 </span> </div></td></tr><tr><td class=\"c x195 y1757 w20a h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x214 y1757 w20b h1b8\"><div class=\"t m0 x54 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.370.685 </span> </div></td><td class=\"c x215 y1757 w1fa h1b8\"><div class=\"t m0 x54 h5 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.370.685 </span><span class=\"ff5\"> </span></div></td></tr><tr><td class=\"c x195 y1758 w20a h39\"><div class=\"t m0 x2b h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">Costo stor<span class=\"_ _0\"></span>ico - 31 dicembre 2<span class=\"_ _0\"></span>025 </div></td><td class=\"c x214 y1758 w20b h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">8.725.502 </span> </div></td><td class=\"c x215 y1758 w1fa h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">8.725.502 </span> </div></td></tr><tr><td class=\"c x195 y1759 w20a h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Fondo ammo<span class=\"_ _0\"></span>rtamento - 31 d<span class=\"_ _0\"></span>icembre 2024 </div></td><td class=\"c x214 y1759 w20b h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">5.798.737 </span> </div></td><td class=\"c x215 y1759 w1fa h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">5.798.737 </span> </div></td></tr><tr><td class=\"c x195 y175a w20a h1b9\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x214 y175a w20b h1b9\"><div class=\"t m0 x54 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.002.468 </span> </div></td><td class=\"c x215 y175a w1fa h1b9\"><div class=\"t m0 x54 h5 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.002.468 </span><span class=\"ff5\"> </span></div></td></tr><tr><td class=\"c x195 y175b w20a h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Fondo ammo<span class=\"_ _0\"></span>rtamento - 31 d<span class=\"_ _0\"></span>icembre 2025 </div></td><td class=\"c x214 y175b w20b h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">6.801.204 </span> </div></td><td class=\"c x215 y175b w1fa h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">6.801.204 </span> </div></td></tr><tr><td class=\"c x195 y175c w20a h39\"><div class=\"t m0 x2b h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">Valore netto<span class=\"_ _0\"></span> contabile - <span class=\"_ _0\"></span>31 dicembre 202<span class=\"_ _0\"></span>4 </div></td><td class=\"c x214 y175c w20b h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\"></span><span class=\"ls3\">1.556.08</span>3  </div></td><td class=\"c x215 y175c w1fa h39\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\"></span><span class=\"ls3\">1.556.08</span>3 </div></td></tr><tr><td class=\"c x195 y175d w20a h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Valore netto<span class=\"_ _0\"></span> contabile - <span class=\"_ _0\"></span>31 dicembre 202<span class=\"_ _0\"></span>5 </div></td><td class=\"c x214 y175d w20b h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.924.298 </span> </div></td><td class=\"c x215 y175d w1fa h1b8\"><div class=\"t m0 x54 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.924.298 </span> </div></td></tr></table>Per <span class=\"_ _5\"></span>quanto <span class=\"_ _5\"></span>concerne <span class=\"_ _5\"> </span>la <span class=\"_ _9\"> </span>composizione <span class=\"_ _5\"></span>delle <span class=\"_ _5\"> </span>imm<span class=\"_ _0\"></span>obilizzazion<span class=\"_ _0\"></span>i <span class=\"_ _5\"></span>immateriali<span class=\"_ _3\"></span>, <span class=\"_ _5\"></span>si <span class=\"_ _5\"></span>segnala <span class=\"_ _5\"> </span>che <span class=\"_ _5\"> </span>esse<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span>fan<span class=\"_ _0\"></span>no <span class=\"_ _5\"></span>principalm<span class=\"_ _0\"></span>ente <span class=\"_ _5\"></span>riferimento <span class=\"_ _5\"> </span>a licenze software. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-303": {
   "value": "Leases Di seguito si presenta la ripartiz<span class=\"_ _0\"></span>ione del dir<span class=\"_ _0\"></span>itto d\u2019uso per natura d<span class=\"_ _0\"></span>elle attivit\u00e0 sottostanti: <span class=\"_ _3\"></span><span class=\"ff4\"> </span><table class=\"s w354 h293\" id=\"_29d9e155-9fc6-4e9a-870c-9ccf248a7248\"><tr><td class=\"c x195 y175e w20c h1f8\"><div class=\"t m0 x2b hb3 y122c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x216 y175e w20d h1f8\"><div class=\"t m0 x52 h35 y122c ff5 fs2 fc1 sc0 ls0 ws0\">Immobili </div></td><td class=\"c x217 y175f w355 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Impianti e<span class=\"_ _75\"> </span></div></td><td class=\"c x218 y175e w20e h1f8\"><div class=\"t m0 x5a h35 y122c ff5 fs2 fc1 sc0 ls0 ws0\">Attrezzature </div></td><td class=\"c x219 y175f w356 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Autovetture e<span class=\"_ _75\"> </span></div></td><td class=\"c x19f y175e w210 h1f8\"><div class=\"t m0 x60 h35 y122c ff5 fs2 fc1 sc0 ls0 ws0\">Totale </div></td></tr><tr><td></td><td></td><td class=\"c x21a y1760 w357 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">Macchinari<span class=\"_ _75\"> </span></div></td><td></td><td class=\"c x21b y1760 w358 h26d\"><div class=\"t m0 x196 h35 y15fa ff5 fs2 fc1 sc0 ls0 ws0\">autoveicoli<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1761 w20c h29\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Diritto d'uso al 31 dicembre 2024 </div></td><td class=\"c x216 y1761 w20d h29\"><div class=\"t m0 x90 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 8.003.638  </div></td><td class=\"c x21c y1761 w1ac h29\"><div class=\"t m0 x55 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.049.465  </div></td><td class=\"c x218 y1761 w20e h29\"><div class=\"t m0 x66 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 154.939  </div></td><td class=\"c x198 y1761 w20f h29\"><div class=\"t m0 x66 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 124.552  </div></td><td class=\"c x19f y1761 w210 h29\"><div class=\"t m0 x11e h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 10.332.595  </div></td></tr><tr><td class=\"c x195 y1762 w20c h53\"><div class=\"t m0 x2b h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Incremento </div></td><td class=\"c x216 y1762 w20d h53\"><div class=\"t m0 x79 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 99.978  </div></td><td class=\"c x21c y1762 w1ac h53\"><div class=\"t m0 x49 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x218 y1762 w20e h53\"><div class=\"t m0 x66 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 176.379  </div></td><td class=\"c x198 y1762 w20f h53\"><div class=\"t m0 x66 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 204.704  </div></td><td class=\"c x19f y1762 w210 h53\"><div class=\"t m0 x72 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 481.061  </div></td></tr><tr><td class=\"c x195 y1763 w20c h54\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Decrementi  </div></td><td class=\"c x216 y1763 w20d h54\"><div class=\"t m0 x69 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\">(562.785) </div></td><td class=\"c x21c y1763 w1ac h54\"><div class=\"t m0 x49 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x218 y1763 w20e h54\"><div class=\"t m0 x50 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\">(136.898) </div></td><td class=\"c x198 y1763 w20f h54\"><div class=\"t m0 x32 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x19f y1763 w210 h54\"><div class=\"t m0 x57 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\">(699.683)<span class=\"ls17\">   </span> </div></td></tr><tr><td class=\"c x195 y1764 w20c h53\"><div class=\"t m0 x2b h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Altre variazioni </div></td><td class=\"c x216 y1764 w20d h53\"><div class=\"t m0 x27 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x21c y1764 w1ac h53\"><div class=\"t m0 x49 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x218 y1764 w20e h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x198 y1764 w20f h53\"><div class=\"t m0 x32 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x19f y1764 w210 h53\"><div class=\"t m0 x8f h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y1765 w20c h29\"><div class=\"t m0 x2b h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">Diritto d'uso al 31 dicembre 2025 </div></td><td class=\"c x216 y1765 w20d h29\"><div class=\"t m0 x90 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 7.540.832  </div></td><td class=\"c x21c y1765 w1ac h29\"><div class=\"t m0 x55 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.049.465  </div></td><td class=\"c x218 y1765 w20e h29\"><div class=\"t m0 x66 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 194.420  </div></td><td class=\"c x198 y1765 w20f h29\"><div class=\"t m0 x66 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 329.256  </div></td><td class=\"c x19f y1765 w210 h29\"><div class=\"t m0 x6b h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">10.113.973   </div></td></tr><tr><td class=\"c x195 y1766 w20c h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Fondo Ammortamento al 31 dicembre 2024 </div></td><td class=\"c x216 y1766 w20d h24\"><div class=\"t m0 x90 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.497.866  </div></td><td class=\"c x21c y1766 w1ac h24\"><div class=\"t m0 x55 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.649.128  </div></td><td class=\"c x218 y1766 w20e h24\"><div class=\"t m0 x66 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 154.939  </div></td><td class=\"c x198 y1766 w20f h24\"><div class=\"t m0 x66 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 124.300  </div></td><td class=\"c x19f y1766 w210 h24\"><div class=\"t m0 x31 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 7.426.234  </div></td></tr><tr><td class=\"c x195 y1767 w20c h54\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Incremento </div></td><td class=\"c x216 y1767 w20d h54\"><div class=\"t m0 x6a h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> 344.968  </div></td><td class=\"c x21c y1767 w1ac h54\"><div class=\"t m0 x69 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> 120.419  </div></td><td class=\"c x218 y1767 w20e h54\"><div class=\"t m0 x6b h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.605  </div></td><td class=\"c x198 y1767 w20f h54\"><div class=\"t m0 x51 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> 10.781  </div></td><td class=\"c x19f y1767 w210 h54\"><div class=\"t m0 x72 h7 yf94 ff4 fs2 fc1 sc0 ls0 ws0\"> 492.772  </div></td></tr><tr><td class=\"c x195 y1768 w20c h53\"><div class=\"t m0 x2b h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Decrementi </div></td><td class=\"c x216 y1768 w20d h53\"><div class=\"t m0 x69 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(562.785) </div></td><td class=\"c x21c y1768 w1ac h53\"><div class=\"t m0 x1c h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x218 y1768 w20e h53\"><div class=\"t m0 x50 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(136.898) </div></td><td class=\"c x198 y1768 w20f h53\"><div class=\"t m0 x32 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x19f y1768 w210 h53\"><div class=\"t m0 x57 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(699.683)<span class=\"ls17\">      </span> </div></td></tr><tr><td class=\"c x195 y1769 w20c h53\"><div class=\"t m0 x2b h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Altre variazioni </div></td><td class=\"c x216 y1769 w20d h53\"><div class=\"t m0 x27 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x21c y1769 w1ac h53\"><div class=\"t m0 x49 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x218 y1769 w20e h53\"><div class=\"t m0 x1a h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x198 y1769 w20f h53\"><div class=\"t m0 x32 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x19f y1769 w210 h53\"><div class=\"t m0 x8f h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y176a w20c h29\"><div class=\"t m0 x2b h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">Fondo Ammortamento al 31 dicembre 2025 </div></td><td class=\"c x216 y176a w20d h29\"><div class=\"t m0 x90 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 5.280.049  </div></td><td class=\"c x21c y176a w1ac h29\"><div class=\"t m0 x55 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 1.769.547  </div></td><td class=\"c x218 y176a w20e h29\"><div class=\"t m0 x6b h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 34.646  </div></td><td class=\"c x198 y176a w20f h29\"><div class=\"t m0 x66 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 135.081  </div></td><td class=\"c x19f y176a w210 h29\"><div class=\"t m0 x6b h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">  7.219.322 </div></td></tr><tr><td class=\"c x195 y176b w20c h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Valore Netto Contabile al 31 dicembre 2024 </div></td><td class=\"c x216 y176b w20d h24\"><div class=\"t m0 x90 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.505.772  </div></td><td class=\"c x21c y176b w1ac h24\"><div class=\"t m0 x69 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 400.337  </div></td><td class=\"c x218 y176b w20e h24\"><div class=\"t m0 x95 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">-  </div></td><td class=\"c x198 y176b w20f h24\"><div class=\"t m0 x49 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\">252 </span> </div></td><td class=\"c x19f y176b w210 h24\"><div class=\"t m0 x31 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\"> 2.906.361  </div></td></tr><tr><td class=\"c x195 y176c w20c h28\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Valore Netto Contabile al 31 dicembre 2025 </div></td><td class=\"c x216 y176c w20d h28\"><div class=\"t m0 x90 h35 y2be ff5 fs2 fc1 sc0 ls0 ws0\"> 2.260.783  </div></td><td class=\"c x21c y176c w1ac h28\"><div class=\"t m0 x69 h35 y2be ff5 fs2 fc1 sc0 ls0 ws0\"> 279.918  </div></td><td class=\"c x218 y176c w20e h28\"><div class=\"t m0 x66 h35 y2be ff5 fs2 fc1 sc0 ls0 ws0\"> 159.774  </div></td><td class=\"c x198 y176c w20f h28\"><div class=\"t m0 x66 h35 y2be ff5 fs2 fc1 sc0 ls0 ws0\"> 194.175  </div></td><td class=\"c x19f y176c w210 h28\"><div class=\"t m0 x31 h35 y2be ff5 fs2 fc1 sc0 ls0 ws0\"> 2.894.651  </div></td></tr></table>Il leasing principale del <span class=\"_ _0\"></span>Gruppo riguarda un<span class=\"_ _0\"></span> fabbricato sito a Trenzan<span class=\"_ _0\"></span>o presso la controllata<span class=\"_ _3\"></span> Fine Cosmetics<span class=\"_ _0\"></span>. A <span class=\"_ _0\"></span>titolo <span class=\"_ _0\"></span>completezza, <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>seguito, <span class=\"_ _3\"></span>si <span class=\"_ _0\"></span>esplicita <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>dettaglio <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>compo<span class=\"_ _0\"></span>sizione <span class=\"_ _0\"></span>della <span class=\"_ _3\"></span>liability <span class=\"_ _0\"></span>corr<span class=\"_ _0\"></span>ente <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>non <span class=\"_ _0\"></span>corrente <span class=\"_ _3\"></span>nata <span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span><span class=\"ff6\">\u2019applicazion<span class=\"_ _0\"></span>e </span>dell\u2019IFRS 16 contestualmente<span class=\"_ _0\"></span> al Diritto d\u2019uso al 31<span class=\"_ _0\"></span><span class=\"ff4\"> dicembr<span class=\"_ _0\"></span>e 2025. </span><table class=\"s w359 h294\" id=\"_47a08a9b-d0aa-444d-82d0-14af29c9fc5b\"><tr><td class=\"c x195 y176d w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia </div></td><td></td></tr><tr><td class=\"c x195 y176e w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia al 1\u00b0 gennaio 202<span class=\"_ _0\"></span>5 </div></td><td class=\"c x21d y176e wd7 h24\"><div class=\"t m0 x52 h5 y29a ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.172.742 </span> </div></td></tr><tr><td class=\"c x195 y176f w211 h54\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x21d y176f wd7 h54\"><div class=\"t m0 x69 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">481.061 </span> </div></td></tr><tr><td class=\"c x195 y1770 w211 h53\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Interessi </div></td><td class=\"c x21d y1770 wd7 h53\"><div class=\"t m0 x6a h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">23.699 </span> </div></td></tr><tr><td class=\"c x195 y1771 w211 h53\"><div class=\"t m0 x2b h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Canoni </div></td><td class=\"c x21d y1771 wd7 h53\"><div class=\"t m0 x90 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">387.247</span>)  </div></td></tr><tr><td class=\"c x195 y1772 w211 h44\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Altre variazioni </div></td><td class=\"c x21d y1772 wd7 h44\"><div class=\"t m0 x4b h4 y29a ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1773 w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia al 31 dicembre 2<span class=\"_ _0\"></span>025 </div></td><td class=\"c x21d y1773 wd7 h24\"><div class=\"t m0 x52 h5 y29a ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.290.256 </span> </div></td></tr><tr><td class=\"c x195 y1774 w211 h54\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziaria a breve<span class=\"_ _0\"></span> </div></td><td class=\"c x21d y1774 wd7 h54\"><div class=\"t m0 x69 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td></tr><tr><td class=\"c x195 y1775 w211 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziaria a lungo<span class=\"_ _0\"></span> </div></td><td class=\"c x21d y1775 wd7 h24\"><div class=\"t m0 x69 h4 y29a ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">899.666 </span> </div></td></tr></table>In conformit\u00e0 al principio contabile internazionale IFRS 16 <span class=\"ff6\">\u2013</span> <span class=\"_ _2\"></span><span class=\"ff6\">\u201cLeases<span class=\"_ _0\"></span><span class=\"ls5\">\u201d </span>\u2013<span class=\"ff4\"> \u00e8 <span class=\"_ _2\"></span>stato considerato un tasso di finanziamento marginale (IBR) </span></span>come somma del tasso risk fr<span class=\"_ _0\"></span>ee (Swap Standard rate vs Euribor 6 mesi pe<span class=\"_ _0\"></span>r ogni scadenza), rilevato alla data di tr<span class=\"_ _0\"></span>ansizione ai<span class=\"_ _0\"></span> principi contabili internazionali e d<span class=\"_ _0\"></span>i una<span class=\"ff3\"> c<span class=\"_ _0\"></span>omponente di </span>pu<span class=\"_ _0\"></span>ro rischio che rifl<span class=\"_ _0\"></span>ette<span class=\"ff3\"> <span class=\"fff\">il \u201ccredit risk\u201d <span class=\"_ _0\"></span></span></span>attribuibile alla Societ\u00e0 (<span class=\"_ _0\"></span>1%). La<span class=\"ls0\"> <span class=\"_ _2\"></span>Societ\u00e0 ha <span class=\"_ _8\"></span>alcuni contratti <span class=\"_ _2\"></span>di leasing <span class=\"_ _2\"></span>che includono <span class=\"_ _8\"></span>op<span class=\"_ _0\"></span>zioni di <span class=\"_ _8\"></span>estensione o <span class=\"_ _2\"></span>cancellazione anticipata. <span class=\"_ _2\"></span>Queste <span class=\"_ _2\"></span>opzioni sono <span class=\"_ _2\"></span>ne<span class=\"_ _0\"></span>goziate<span class=\"_ _0\"></span> </span>dalla direzione <span class=\"_ _2\"></span>aziendale per <span class=\"_ _2\"></span>gestire <span class=\"_ _2\"></span>il portafoglio <span class=\"_ _2\"></span>di beni <span class=\"_ _8\"></span>in leasing <span class=\"_ _2\"></span>in modo <span class=\"_ _2\"></span>flessibile ed <span class=\"_ _8\"></span>allinear<span class=\"_ _0\"></span>e tale <span class=\"_ _8\"></span>gestione alle necessit\u00e0 operative della <span class=\"_ _4\"></span>Societ\u00e0. <span class=\"_ _4\"></span>La <span class=\"_ _4\"></span>dir<span class=\"_ _0\"></span>ezione <span class=\"_ _4\"></span>azien<span class=\"_ _0\"></span>dale <span class=\"_ _4\"></span>esercita <span class=\"_ _4\"></span>un<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>significati<span class=\"_ _0\"></span>vo <span class=\"_ _4\"></span>giudizio <span class=\"_ _4\"></span>pr<span class=\"_ _0\"></span>ofessionale <span class=\"_ _4\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>determinar<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>le <span class=\"_ _4\"></span>opzioni <span class=\"_ _4\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _4\"></span>estensio<span class=\"_ _3\"></span>ne <span class=\"_ _4\"></span>o <span class=\"_ _5\"></span>di cancellazione anticipata <span class=\"_ _2\"></span>saranno esercitate con <span class=\"_ _2\"></span>ragionevole certezza. <span class=\"_ _2\"></span>Si evidenzia <span class=\"_ _8\"></span>che<span class=\"_ _0\"></span> non <span class=\"_ _8\"></span>\u00e8 stato considerato il <span class=\"_ _2\"></span>rinnovo per <span class=\"_ _2\"></span>i contratti<span class=\"_ _2\"></span> che non prevedevano alcun r<span class=\"_ _0\"></span>innovo e/o pe<span class=\"_ _0\"></span>r i contratti per cui \u00e8 gi\u00e0 <span class=\"_ _0\"></span>stata avanzata ipotesi di <span class=\"_ _0\"></span>cancellazione an<span class=\"_ _0\"></span>ticipata.<span class=\"_ _3\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-344": {
   "value": "<div class=\"gs7f\"><table class=\"s w359 h294\" id=\"_47a08a9b-d0aa-444d-82d0-14af29c9fc5b\"><tr><td class=\"c x195 y176d w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia </div></td><td></td></tr><tr><td class=\"c x195 y176e w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia al 1\u00b0 gennaio 202<span class=\"_ _0\"></span>5 </div></td><td class=\"c x21d y176e wd7 h24\"><div class=\"t m0 x52 h5 y29a ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.172.742 </span> </div></td></tr><tr><td class=\"c x195 y176f w211 h54\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Incrementi </div></td><td class=\"c x21d y176f wd7 h54\"><div class=\"t m0 x69 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">481.061 </span> </div></td></tr><tr><td class=\"c x195 y1770 w211 h53\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Interessi </div></td><td class=\"c x21d y1770 wd7 h53\"><div class=\"t m0 x6a h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">23.699 </span> </div></td></tr><tr><td class=\"c x195 y1771 w211 h53\"><div class=\"t m0 x2b h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Canoni </div></td><td class=\"c x21d y1771 wd7 h53\"><div class=\"t m0 x90 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">387.247</span>)  </div></td></tr><tr><td class=\"c x195 y1772 w211 h44\"><div class=\"t m0 x2b h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Altre variazioni </div></td><td class=\"c x21d y1772 wd7 h44\"><div class=\"t m0 x4b h4 y29a ff4 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x195 y1773 w211 h24\"><div class=\"t m0 x2b h5 y588 ff5 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziar<span class=\"_ _0\"></span>ia al 31 dicembre 2<span class=\"_ _0\"></span>025 </div></td><td class=\"c x21d y1773 wd7 h24\"><div class=\"t m0 x52 h5 y29a ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.290.256 </span> </div></td></tr><tr><td class=\"c x195 y1774 w211 h54\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziaria a breve<span class=\"_ _0\"></span> </div></td><td class=\"c x21d y1774 wd7 h54\"><div class=\"t m0 x69 h4 ya68 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">390.589 </span> </div></td></tr><tr><td class=\"c x195 y1775 w211 h24\"><div class=\"t m0 x2b h4 y588 ff4 fs0 fc1 sc0 ls0 ws0\">Passivit\u00e0 finanziaria a lungo<span class=\"_ _0\"></span> </div></td><td class=\"c x21d y1775 wd7 h24\"><div class=\"t m0 x69 h4 y29a ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">899.666 </span> </div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-345": {
   "value": "Altre attivit\u00e0 non<span class=\"_ _0\"></span> correnti  Il valore delle altr<span class=\"_ _0\"></span>e attivit\u00e0 non<span class=\"_ _0\"></span> correnti al 31 di<span class=\"_ _0\"></span>cembre 202<span class=\"_ _0\"></span>5 risulta<span class=\"_ _0\"></span> esser<span class=\"_ _0\"></span>e pari ad Euro <span class=\"_ _0\"></span><span class=\"ls3\">324.052</span> cont<span class=\"_ _0\"></span>ro gli Euro<span class=\"_ _0\"></span> <span class=\"ls3\">597.853</span> <span class=\"ff6\">dell\u2019eser<span class=\"_ _0\"></span>cizio </span>precedente. <table class=\"s w35b h296\" id=\"_1bd30a49-a34d-4d6f-9898-2c8b03b70987\"><tr><td class=\"c x1e9 y177c wf9 h53\"><div class=\"t m0 x43 h2 y503 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x20c y177c w212 h53\"><div class=\"t m0 x5d h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x221 y177c w213 h53\"><div class=\"t m0 x5d h5 y6e5 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x1e9 y177d wf9 h53\"><div class=\"t m0 x43 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Credito di imposta beni agevolat<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>- <span class=\"ls3\">quota oltre 12 mesi</span> </div></td><td class=\"c x20c y177d w212 h53\"><div class=\"t m0 x7c h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">324.052 </span> </div></td><td class=\"c x221 y177d w213 h53\"><div class=\"t m0 x97 h4 y505 ff4 fs0 fc1 sc0 ls3 ws0\">597.853<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x1e9 y177e wf9 h53\"><div class=\"t m0 x43 h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">Totale Altre a<span class=\"_ _0\"></span>ttivit\u00e0 non correnti<span class=\"_ _0\"></span> </div></td><td class=\"c x20c y177e w212 h53\"><div class=\"t m0 x7c h5 y6e5 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">324.052 </span> </div></td><td class=\"c x221 y177e w213 h53\"><div class=\"t m0 x97 h5 y503 ff5 fs0 fc1 sc0 ls3 ws0\">597.853<span class=\"ls0\"> </span></div></td></tr></table>Trattasi principalm<span class=\"_ _0\"></span>ente della quot<span class=\"_ _0\"></span>a oltre 12 mesi del cred<span class=\"_ _0\"></span>ito di imposta <span class=\"_ _0\"></span>per beni strum<span class=\"_ _0\"></span>entali 4.0. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-304": {
   "value": "Attivit\u00e0 per<span class=\"_ _0\"></span> imposte anticipate Le <span class=\"_ _0\"></span>imposte <span class=\"_ _3\"></span>differite <span class=\"_ _3\"></span>attive <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>2025 <span class=\"_ _3\"></span>sono <span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span><span class=\"ls3\">1.864.403</span> <span class=\"_ _0\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>Euro <span class=\"_ _0\"></span>3.541.<span class=\"_ _0\"></span>347 <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicem<span class=\"_ _0\"></span>bre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>4, <span class=\"_ _3\"></span>e <span class=\"_ _0\"></span>sono calcolate sulle quote d<span class=\"_ _0\"></span>i costi a tassazione differ<span class=\"_ _0\"></span>ita nel rispetto delle <span class=\"_ _0\"></span>aliquote vigenti alla data d<span class=\"_ _0\"></span>i riferimento (IRES 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>% e IRAP 3,9%). <span class=\"_ _0\"></span> Di seguito si fornisce un d<span class=\"_ _0\"></span>ettaglio della sua com<span class=\"_ _0\"></span>posizione.<span class=\"_ _0\"></span> <table class=\"s w35a h295\" id=\"_4b5604fc-2e46-43f5-aa4d-b8e0ef65e079\"><tr><td class=\"c x195 y1776 w214 h1b8\"><div class=\"t m0 x2b h5 y508 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>)<span class=\"ff5\"> </span></div></td><td class=\"c x21e y1776 w9b h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td><td class=\"c x21f y1776 w5 h1b8\"><div class=\"t m0 x58 h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Imposte CE 202<span class=\"_ _0\"></span>5 </div></td><td class=\"c x220 y1776 w61 h1b8\"><div class=\"t m0 x58 h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td></tr><tr><td class=\"c x195 y1777 w214 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Imposte anticipate per svalutazio<span class=\"_ _0\"></span>ne magazzino <span class=\"_ _0\"></span> </div></td><td class=\"c x21e y1777 w9b h1b8\"><div class=\"t m0 x70 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">362.932 </span> </div></td><td class=\"c x21f y1777 w5 h1b8\"><div class=\"t m0 x1a h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">(45.583) </div></td><td class=\"c x220 y1777 w61 h1b8\"><div class=\"t m0 x95 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">317.349 </span> </div></td></tr><tr><td class=\"c x195 y1778 w214 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Imposte anticipate su perdita fisc<span class=\"_ _0\"></span>ale IRES<span class=\"_ _0\"></span> </div></td><td class=\"c x21e y1778 w9b h1b8\"><div class=\"t m0 x4d h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">2.526.486 </span> </div></td><td class=\"c x21f y1778 w5 h1b8\"><div class=\"t m0 x72 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\">(1.824.753)<span class=\"_ _0\"></span> </div></td><td class=\"c x220 y1778 w61 h1b8\"><div class=\"t m0 xf h4 yddc ff4 fs0 fc1 sc0 ls3 ws0\">701.732<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1779 w214 h39\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Imposte anticipate su differen<span class=\"_ _0\"></span>ze retributive<span class=\"_ _0\"></span> </div></td><td class=\"c x21e y1779 w9b h39\"><div class=\"t m0 x70 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">446.400 </span> </div></td><td class=\"c x21f y1779 w5 h39\"><div class=\"t m0 x32 h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">309.915<span class=\"ls0\"> </span></div></td><td class=\"c x220 y1779 w61 h39\"><div class=\"t m0 x95 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">756.315 </span> </div></td></tr><tr><td class=\"c x195 y177a w214 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Imposte anticipate per altr<span class=\"_ _0\"></span>e voci </div></td><td class=\"c x21e y177a w9b h1b8\"><div class=\"t m0 x70 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">115.500 </span> </div></td><td class=\"c x21f y177a w5 h1b8\"><div class=\"t m0 x1a h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">(19.915) </div></td><td class=\"c x220 y177a w61 h1b8\"><div class=\"t m0 x5c h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">88.416 </span> </div></td></tr><tr><td class=\"c x195 y177b w214 h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Totale attivi<span class=\"_ _0\"></span>t\u00e0 per imposte anticipate <span class=\"_ _0\"></span> </div></td><td class=\"c x21e y177b w9b h1b8\"><div class=\"t m0 x4d h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">3.451.347 </span> </div></td><td class=\"c x21f y177b w5 h1b8\"><div class=\"t m0 x72 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">1.586.945</span>) </div></td><td class=\"c x220 y177b w61 h1b8\"><div class=\"t m0 x40 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">  <span class=\"ls3\">1.864.403</span> </div></td></tr></table>La <span class=\"_ _4\"></span>variazione <span class=\"_ _4\"></span>delle <span class=\"_ _3\"></span>imp<span class=\"_ _0\"></span>oste <span class=\"_ _4\"></span>anticipate <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>perdite <span class=\"_ _4\"></span>fiscali <span class=\"_ _4\"></span>rilevata <span class=\"_ _4\"></span>nel <span class=\"_ _4\"></span>corso <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>202<span class=\"_ _0\"></span>5<span class=\"ff6\">, <span class=\"_ _4\"></span>deriva <span class=\"_ _4\"></span>dall\u2019utilizzo <span class=\"_ _4\"></span>delle <span class=\"_ _4\"></span>stesse <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>effetto <span class=\"_ _4\"></span>del </span>conseguimento di una base im<span class=\"_ _0\"></span>ponibile positiva (IR<span class=\"_ _0\"></span>ES) nella stima <span class=\"_ _0\"></span>delle imposte al 31.12.2<span class=\"_ _3\"></span>5 da parte d<span class=\"_ _0\"></span>ella capogruppo Fine F<span class=\"_ _0\"></span>oods.  La controllata Fine <span class=\"_ _0\"></span>Cosmetics non h<span class=\"_ _0\"></span>a, prudenzialmente, iscritto im<span class=\"_ _0\"></span>poste anticipate sulle p<span class=\"_ _0\"></span>erdite fisc<span class=\"_ _0\"></span>ali maturate nel 202<span class=\"_ _3\"></span>5. Per <span class=\"_ _2\"></span>quanto <span class=\"_ _2\"></span>riguarda il <span class=\"_ _8\"></span>saldo al <span class=\"_ _8\"></span>31.12.<span class=\"_ _0\"></span><span class=\"ls3\">25</span> delle <span class=\"_ _8\"></span>imposte anticipate <span class=\"_ _8\"></span>iscr<span class=\"_ _0\"></span>itte sulle <span class=\"_ _8\"></span>perdite fiscali <span class=\"_ _8\"></span>gener<span class=\"_ _0\"></span>ate <span class=\"_ _2\"></span>dal <span class=\"_ _2\"></span>Gruppo nel <span class=\"_ _8\"></span>corso degli <span class=\"_ _8\"></span>esercizi precedenti, <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ministratori <span class=\"_ _3\"></span>rite<span class=\"_ _0\"></span>ngono <span class=\"_ _3\"></span>rag<span class=\"_ _0\"></span>ionevole, <span class=\"_ _3\"></span>cos\u00ec <span class=\"_ _4\"></span>come <span class=\"_ _3\"></span>previsto <span class=\"_ _3\"></span>all\u2019interno <span class=\"_ _4\"></span>del <span class=\"_ _3\"></span>piano <span class=\"_ _3\"></span>plur<span class=\"_ _0\"></span>iennale <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span><span class=\"ff4\">6-<span class=\"_ _0\"></span><span class=\"ls3\">2030</span>) <span class=\"_ _3\"></span>approvato <span class=\"_ _4\"></span>dal </span>CdA del 9 marzo 2026, il <span class=\"_ _0\"></span>loro inte<span class=\"_ _0\"></span>grale recupero med<span class=\"_ _0\"></span>iante gli utili fiscali che le soc<span class=\"_ _0\"></span>iet\u00e0 del Gruppo co<span class=\"_ _0\"></span>nseguiranno in futur<span class=\"_ _0\"></span>o.<span class=\"_ _0\"></span> Le imposte anticipate su differen<span class=\"_ _0\"></span>ze retributive fa<span class=\"_ _0\"></span>nno, invece, riferimento<span class=\"_ _0\"></span> al fondo rischi stanziato a<span class=\"_ _0\"></span>l 31.12.2<span class=\"_ _3\"></span>5.  <span class=\"_ _71\"> </span><span class=\"ff5\"> Fondo impost<span class=\"_ _0\"></span>e differite </span>Al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>2025<span class=\"_ _0\"></span>, <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span>fondo<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>poste <span class=\"_ _3\"></span>differite <span class=\"_ _4\"></span>ammonta <span class=\"_ _3\"></span>ad <span class=\"_ _4\"></span>Euro <span class=\"_ _4\"></span><span class=\"ls3\">303.792</span> <span class=\"_ _3\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _4\"></span>Euro <span class=\"_ _3\"></span>2<span class=\"ls3\">84.042</span> <span class=\"_ _4\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _4\"></span>2024 <span class=\"_ _3\"></span>ed<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>\u00e8 <span class=\"_ _4\"></span>stato calcolato nel rispetto delle a<span class=\"_ _0\"></span>liquote vige<span class=\"_ _0\"></span>nti alla data di riferimento<span class=\"_ _0\"></span> (IRES 2<span class=\"_ _0\"></span>0% e IRA<span class=\"_ _0\"></span>P 3,9%). Di seguito un <span class=\"_ _2\"></span>dettaglio delle operazioni che hanno generato imposte differite <span class=\"_ _2\"></span>e il loro impatto a <span class=\"_ _2\"></span>Conto Economico <span class=\"_ _2\"></span>e a Patrimo<span class=\"_ _0\"></span>nio Netto al 31 dicembre 202<span class=\"_ _0\"></span>5<span class=\"ls4\">. </span> <table class=\"s w35c h297\" id=\"_917b0e93-0993-4421-8ef0-0a29b5205492\"><tr><td class=\"c x1e9 y177f w215 hb7\"><div class=\"t m0 x43 hb3 ya7b ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x222 y177f w216 hb7\"><div class=\"t m0 x11 h35 ya7b ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td><td class=\"c x223 y177f w217 hb7\"><div class=\"t m0 x52 h35 ya7b ff5 fs2 fc1 sc0 ls0 ws0\">Esercizio 2025 </div></td><td class=\"c x224 y177f w127 hb7\"><div class=\"t m0 x66 h35 ya7b ff5 fs2 fc1 sc0 ls0 ws0\">OCI </div></td><td class=\"c x225 y177f w218 hb7\"><div class=\"t m0 x156 h35 ya7b ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td></tr><tr><td class=\"c x1e9 y1780 w215 h53\"><div class=\"t m0 x43 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">Imposte differite lease IFRS 16 </div></td><td class=\"c x222 y1780 w216 h53\"><div class=\"t m0 x40 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 265.552  </div></td><td class=\"c x223 y1780 w217 h53\"><div class=\"t m0 x95 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 4.510  </div></td><td></td><td class=\"c x225 y1780 w218 h53\"><div class=\"t m0 x15 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 270.062  </div></td></tr><tr><td class=\"c x1e9 y1781 w215 h53\"><div class=\"t m0 x43 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">Imposte differite IAS 19 </div></td><td class=\"c x222 y1781 w216 h53\"><div class=\"t m0 x27 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 18.491  </div></td><td class=\"c x223 y1781 w217 h53\"><div class=\"t m0 x47 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">(3.415) </div></td><td class=\"c x224 y1781 w127 h53\"><div class=\"t m0 x70 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 18.655  </div></td><td class=\"c x225 y1781 w218 h53\"><div class=\"t m0 x70 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 33.730  </div></td></tr><tr><td class=\"c x1e9 y1782 w215 h53\"><div class=\"t m0 x43 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">Totale imposte differite<span class=\"ff4\"> </span></div></td><td class=\"c x222 y1782 w216 h53\"><div class=\"t m0 x40 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\"> 284.042  </div></td><td class=\"c x223 y1782 w217 h53\"><div class=\"t m0 x95 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\"> 1.095  </div></td><td class=\"c x224 y1782 w127 h53\"><div class=\"t m0 x70 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\"> 18.655  </div></td><td class=\"c x225 y1782 w218 h53\"><div class=\"t m0 x15 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\"> 303.792  </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-305": {
   "value": "Rimanenze Le giacenze <span class=\"_ _2\"></span>di magazzino al <span class=\"_ _2\"></span>netto del relativo <span class=\"_ _2\"></span>fondo svalutazione prodotti finiti <span class=\"_ _2\"></span>e merci al <span class=\"_ _2\"></span>31 dicembre 202<span class=\"_ _0\"></span>5 \u00e8 <span class=\"_ _2\"></span>pari ad Euro <span class=\"_ _2\"></span><span class=\"ls3\">34.954.626 </span>contro gli Euro <span class=\"ls3\">31.908.612 </span>al 31 <span class=\"_ _0\"></span>dicembre 202<span class=\"_ _0\"></span>4.<span class=\"ff5\"> </span><table class=\"s w35e h299\" id=\"_99d10af6-57d2-49be-98a2-03f4a15da869\"><tr><td class=\"c x1e9 y1788 w219 h1e5\"><div class=\"t m0 x43 hb3 y588 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x20c y1788 w212 h1e5\"><div class=\"t m0 x50 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x20d y1788 w209 h1e5\"><div class=\"t m0 x50 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y1789 w219 h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Materie prime, sussidiarie e di consumo </div></td><td class=\"c x20c y1789 w212 h53\"><div class=\"t m0 x3d h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">25.220.133 </div></td><td class=\"c x20d y1789 w209 h53\"><div class=\"t m0 x3d h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">24.135.322 </div></td></tr><tr><td class=\"c x1e9 y178a w219 h1e5\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Fondo svalutazione magazzino  </div></td><td class=\"c x20c y178a w212 h1e5\"><div class=\"t m0 x3d h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">(1.137.451) </div></td><td class=\"c x20d y178a w209 h1e5\"><div class=\"t m0 x3d h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">(1.300.830) </div></td></tr><tr><td class=\"c x1e9 y178b w219 h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Prodotti in corso di lavorazione e semilavorati </div></td><td class=\"c x20c y178b w212 h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">4.051.213 </div></td><td class=\"c x20d y178b w209 h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">4.014.787 </div></td></tr><tr><td class=\"c x1e9 y178c w219 h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Prodotti finiti e merci </div></td><td class=\"c x20c y178c w212 h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">6.820.731 </div></td><td class=\"c x20d y178c w209 h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">5.059.332 </div></td></tr><tr><td class=\"c x1e9 y178d w219 h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale rimanenze </div></td><td class=\"c x20c y178d w212 h53\"><div class=\"t m0 x3d h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">34.954.626 </div></td><td class=\"c x20d y178d w209 h53\"><div class=\"t m0 x3d h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31.908.612 </div></td></tr></table>Le rimanenze di beni <span class=\"_ _2\"></span>sono valutate al <span class=\"_ _2\"></span>minore tra il costo <span class=\"_ _2\"></span>di acquisto <span class=\"_ _2\"></span>e/o di produzione e il <span class=\"_ _2\"></span>valore di rea<span class=\"_ _2\"></span>lizzo desumibile da<span class=\"ff6\">ll\u2019andam<span class=\"_ _0\"></span>ento<span class=\"_ _0\"></span> </span>del mercato. Il costo di acquisto <span class=\"_ _0\"></span>compr<span class=\"_ _0\"></span>ende gli eventuali oneri acce<span class=\"_ _0\"></span>ssori di diretta im<span class=\"_ _0\"></span>putazione. <span class=\"_ _0\"></span> Qui di seguito la movimenta<span class=\"_ _0\"></span>zione del fon<span class=\"_ _0\"></span>do obsolescenza:<span class=\"_ _0\"></span> <table class=\"s w35f h29a\" id=\"_5d68c20a-5c83-4533-9b5d-d04609a31e3a\"><tr><td class=\"c x195 y178e w21a h1d0\"><div class=\"t m0 x2b h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Saldo 31 dicembre 2024 </div></td><td class=\"c x228 y178e w21b h1d0\"><div class=\"t m0 x14 h35 y2cb ff5 fs2 fc1 sc0 ls0 ws0\"> 1.300.830  </div></td></tr><tr><td class=\"c x195 y178f w21a h39\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Accantonamenti a Fondo   </div></td><td class=\"c x228 y178f w21b h39\"><div class=\"t m0 x14 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 1.644.048  </div></td></tr><tr><td class=\"c x195 y1790 w21a h1b8\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Utilizzo Fondo   </div></td><td class=\"c x228 y1790 w21b h1b8\"><div class=\"t m0 x40 h7 y2cb ff4 fs2 fc1 sc0 ls0 ws0\">(1.807.427)  </div></td></tr><tr><td class=\"c x195 y1791 w21a h39\"><div class=\"t m0 x2b h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">Saldo 31 dicembre 2025 </div></td><td class=\"c x228 y1791 w21b h39\"><div class=\"t m0 x14 h35 y2cd ff5 fs2 fc1 sc0 ls0 ws0\"> 1.137.451  </div></td></tr></table>Il fondo obsolescenza magaz<span class=\"_ _0\"></span>zino accanto<span class=\"_ _0\"></span>nato al 31 dicembre 202<span class=\"_ _3\"></span>5 ammonta a <span class=\"_ _0\"></span>1<span class=\"ls4\">.137.451 </span>euro ed \u00e8 volto<span class=\"_ _0\"></span> a coprire pr<span class=\"_ _0\"></span>incipalmente le svalutazioni <span class=\"_ _8\"></span>effett<span class=\"_ _0\"></span>uate <span class=\"_ _8\"></span>a seguito <span class=\"_ _8\"></span>di <span class=\"_ _8\"></span>merce <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>scadenza <span class=\"_ _2\"></span>e/o <span class=\"_ _8\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _8\"></span>conforme. <span class=\"_ _2\"></span><span class=\"ff6\">Gli <span class=\"_ _8\"></span>utilizzi <span class=\"_ _2\"></span>dell\u2019anno <span class=\"_ _8\"></span>fan<span class=\"_ _0\"></span>no <span class=\"_ _8\"></span>rifer<span class=\"_ _0\"></span>imento <span class=\"_ _8\"></span>ag<span class=\"_ _0\"></span>li <span class=\"_ _8\"></span>smaltimenti <span class=\"_ _2\"></span>effettuati </span>nel 2025 riguarda<span class=\"_ _0\"></span>nti lotti scaduti o non co<span class=\"_ _0\"></span>nformi stan<span class=\"_ _0\"></span>ziati al 31 dicembr<span class=\"_ _0\"></span>e 2024. ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-306": {
   "value": "Crediti com<span class=\"_ _0\"></span>merciali Al 31 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>cembre <span class=\"_ _0\"></span>2025<span class=\"_ _0\"></span> il <span class=\"_ _3\"></span>valore <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>comm<span class=\"_ _0\"></span>erciali <span class=\"_ _0\"></span>ammonta <span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mplessivamente <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span>36.606.666 <span class=\"_ _3\"></span>(al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>2024<span class=\"_ _0\"></span> pa<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>ad Euro <span class=\"_ _0\"></span><span class=\"ls3\">37.536.476</span>) <span class=\"_ _0\"></span>al <span class=\"_ _0\"></span>netto <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>relativo <span class=\"_ _0\"></span>fondo <span class=\"_ _0\"></span>svalutazione <span class=\"_ _0\"></span>crediti <span class=\"_ _0\"></span>che <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>monta <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">1.057.089</span> <span class=\"_ _0\"></span>(al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>4 <span class=\"_ _0\"></span>pari <span class=\"_ _0\"></span>ad <span class=\"_ _0\"></span>Euro 990.188<span class=\"ls5\">).<span class=\"ls0\"> <span class=\"_ _4\"></span>A <span class=\"_ _4\"></span>parit\u00e0 <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>perimetr<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span><span class=\"ls7\">i <span class=\"_ _4\"></span></span>crediti <span class=\"_ _4\"></span>commerciali, <span class=\"_ _4\"></span>al <span class=\"_ _5\"></span>lordo <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>fondo <span class=\"_ _4\"></span>svalutazione <span class=\"_ _4\"></span>cred<span class=\"_ _0\"></span>iti, <span class=\"_ _4\"></span>mostr<span class=\"_ _0\"></span>ano <span class=\"_ _4\"></span>un <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>cremento <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _4\"></span></span></span>930<span class=\"ls0\"> </span>migliaia.  Si <span class=\"_ _7\"> </span>segnala  che, <span class=\"_ _7\"> </span>al  31  dicembre <span class=\"_ _7\"> </span>202<span class=\"_ _0\"></span>5,  cos\u00ec <span class=\"_ _7\"> </span>come  al  31 <span class=\"_ _7\"> </span>dicembre  2024,  la <span class=\"_ _7\"> </span>Societ\u00e0  Capogruppo  ha <span class=\"_ _7\"> </span>posto  in <span class=\"_ _7\"> </span>essere<span class=\"_ _0\"></span> un\u2019operazione di cessione del credito pro soluto <span class=\"_ _2\"></span>(factoring) per <span class=\"_ _0\"></span><span class=\"ff4\">Euro <span class=\"ls3\">4,</span>4 milioni <span class=\"_ _2\"></span>(Euro 4,9 milioni al 31 dicembre 2024). In accordo con </span>quanto pr<span class=\"_ _0\"></span>evisto dall\u2019IFRS<span class=\"ff4\"> <span class=\"_ _0\"></span>9, a<span class=\"_ _0\"></span>vendo <span class=\"_ _0\"></span>sostanzialmente <span class=\"_ _0\"></span>trasferito <span class=\"_ _0\"></span>tutti <span class=\"_ _0\"></span>i rischi <span class=\"_ _0\"></span>ed i be<span class=\"_ _0\"></span>nefici in <span class=\"_ _0\"></span>capo <span class=\"_ _0\"></span>alla societ\u00e0<span class=\"_ _0\"></span> di <span class=\"_ _0\"></span>factoring<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>tale cess<span class=\"_ _0\"></span>ione </span>\u00e8 stata considerata <span class=\"_ _0\"></span>a titolo definiti<span class=\"_ _0\"></span>vo e quindi \u00e8 stata effettua<span class=\"_ _0\"></span>ta la relativa de<span class=\"_ _0\"></span>-reco<span class=\"_ _0\"></span>gnition del credito.<span class=\"_ _0\"></span> Nella successiva<span class=\"_ _0\"></span> tabella<span class=\"_ _0\"></span> viene<span class=\"_ _0\"></span> ev<span class=\"_ _0\"></span>idenziata <span class=\"_ _0\"></span>la distr<span class=\"_ _0\"></span>ibuzione <span class=\"_ _0\"></span>per are<span class=\"_ _0\"></span>a ge<span class=\"_ _0\"></span>ografica dell<span class=\"_ _0\"></span>\u2019ammontare <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>crediti com<span class=\"_ _0\"></span>merciali, <span class=\"_ _0\"></span>che n<span class=\"_ _3\"></span><span class=\"ff4\">on<span class=\"_ _0\"></span> tiene<span class=\"_ _0\"></span> </span>conto del fondo svalutazione <span class=\"_ _0\"></span>crediti.<span class=\"_ _0\"></span> <table class=\"s w35d h298\" id=\"_faaa99c1-2889-421c-9e6e-bf1c598f3e73\"><tr><td class=\"c x1e9 y1783 w1db h53\"><div class=\"t m0 x43 h2 y503 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x226 y1783 w21d h53\"><div class=\"t m0 x69 h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x227 y1783 w21e h53\"><div class=\"t m0 x69 h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x1e9 y1784 w1db h53\"><div class=\"t m0 x43 h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti IT<span class=\"_ _0\"></span>ALIA </div></td><td class=\"c x226 y1784 w21d h53\"><div class=\"t m0 x33 h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">26.235.545 </span> </div></td><td class=\"c x227 y1784 w21e h53\"><div class=\"t m0 x33 h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">21.773.899 </span> </div></td></tr><tr><td class=\"c x1e9 y1785 w1db h53\"><div class=\"t m0 x43 h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti CE<span class=\"_ _0\"></span>E </div></td><td class=\"c x226 y1785 w21d h53\"><div class=\"t m0 x33 h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">10.551.952 </span> </div></td><td class=\"c x227 y1785 w21e h53\"><div class=\"t m0 x33 h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">15.295.328 </span> </div></td></tr><tr><td class=\"c x1e9 y1786 w1db h53\"><div class=\"t m0 x43 h4 y503 ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti EXT<span class=\"_ _0\"></span>RA-CEE </div></td><td class=\"c x226 y1786 w21d h53\"><div class=\"t m0 x3d h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">876.258 </span> </div></td><td class=\"c x227 y1786 w21e h53\"><div class=\"t m0 x7e h4 y6e5 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.457.437 </span> </div></td></tr><tr><td class=\"c x1e9 y1787 w1db h53\"><div class=\"t m0 x43 h5 y503 ff5 fs0 fc1 sc0 ls0 ws0\">Totale cred<span class=\"_ _0\"></span>iti commerciali </div></td><td class=\"c x226 y1787 w21d h53\"><div class=\"t m0 x33 h5 y6e5 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">37.663.756 </span> </div></td><td class=\"c x227 y1787 w21e h53\"><div class=\"t m0 x33 h5 y6e5 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">38.526.664 </span> </div></td></tr></table>Si <span class=\"_ _0\"></span>precisa <span class=\"_ _0\"></span>che<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>imi <span class=\"_ _0\"></span>cinque <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>rappresentano <span class=\"_ _3\"></span>il <span class=\"_ _3\"></span><span class=\"ls3\">48,8</span>% <span class=\"_ _0\"></span>dei <span class=\"_ _3\"></span>crediti <span class=\"_ _3\"></span>commerciali <span class=\"_ _0\"></span>(al <span class=\"_ _3\"></span>lordo <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>fondo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>svalutazione <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>editi) <span class=\"_ _0\"></span>riportati <span class=\"_ _3\"></span>a bilancio per un valore compless<span class=\"_ _0\"></span>ivo di circa<span class=\"_ _0\"></span> 1<span class=\"ls3\">9,5</span> Milioni di <span class=\"_ _0\"></span>Euro. La movimentazione del fond<span class=\"_ _0\"></span>o svalutazione cred<span class=\"_ _0\"></span>iti \u00e8 di seguito riepil<span class=\"_ _0\"></span>ogata:<span class=\"_ _0\"></span> <table class=\"s w360 h29b\" id=\"_640f6eeb-a38a-49a9-a328-41096c3f9950\"><tr><td class=\"c x195 y1792 w21f h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Saldo 31 dicemb<span class=\"_ _0\"></span>re 2024 </div></td><td class=\"c x229 y1792 w220 h1b8\"><div class=\"t m0 x76 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">990.188 </span> </div></td></tr><tr><td class=\"c x195 y1793 w21f h39\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Accantonamenti a Fondo<span class=\"_ _0\"></span>   </div></td><td class=\"c x229 y1793 w220 h39\"><div class=\"t m0 x76 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">188.319 </span> </div></td></tr><tr><td class=\"c x195 y1794 w21f h1b8\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Utilizzo Fondo   </div></td><td class=\"c x229 y1794 w220 h1b8\"><div class=\"t m0 x51 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">(<span class=\"ls3\">121.417</span>)  </div></td></tr><tr><td class=\"c x195 y1795 w21f h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Saldo 31 dicemb<span class=\"_ _0\"></span>re 2025 </div></td><td class=\"c x229 y1795 w220 h1b8\"><div class=\"t m0 x66 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.057.089 </span> </div></td></tr></table>I crediti commerciali, al netto<span class=\"_ _0\"></span> del fondo svalutazion<span class=\"_ _0\"></span>e crediti, sono r<span class=\"_ _0\"></span>iportati nella seguente tabella:<span class=\"_ _3\"></span> <table class=\"s w361 h29c\" id=\"_2ec2f7bf-69ee-4d44-9c58-123ff9cbe4ef\"><tr><td class=\"c x195 y1796 w221 h39\"><div class=\"t m0 x2b h2 y55d ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x22a y1796 w222 h39\"><div class=\"t m0 x31 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x22b y1796 w223 h39\"><div class=\"t m0 x31 h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2024 </div></td></tr><tr><td class=\"c x195 y1797 w221 h1d0\"><div class=\"t m0 x2b h4 y10ee ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti IT<span class=\"_ _0\"></span>ALIA </div></td><td class=\"c x22a y1797 w222 h1d0\"><div class=\"t m0 x4a h4 y1259 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">25.418.341 </span> </div></td><td class=\"c x22b y1797 w223 h1d0\"><div class=\"t m0 x4a h4 y1259 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">21.459.866 </span> </div></td></tr><tr><td class=\"c x195 y1798 w221 h39\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti CE<span class=\"_ _0\"></span>E </div></td><td class=\"c x22a y1798 w222 h39\"><div class=\"t m0 x4a h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">10.399.595 </span> </div></td><td class=\"c x22b y1798 w223 h39\"><div class=\"t m0 x4a h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">14.863.898 </span> </div></td></tr><tr><td class=\"c x195 y1799 w221 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Crediti verso clienti EXT<span class=\"_ _0\"></span>RA-CEE </div></td><td class=\"c x22a y1799 w222 h1b8\"><div class=\"t m0 x37 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">788.730 </span> </div></td><td class=\"c x22b y1799 w223 h1b8\"><div class=\"t m0 x59 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.212.712 </span> </div></td></tr><tr><td class=\"c x195 y179a w221 h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Totale cred<span class=\"_ _0\"></span>iti commerciali </div></td><td class=\"c x22a y179a w222 h1b8\"><div class=\"t m0 x4a h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">36.606.666 </span> </div></td><td class=\"c x22b y179a w223 h1b8\"><div class=\"t m0 x4a h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">37.536.476 </span> </div></td></tr></table>La <span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>alit\u00e0 <span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _0\"></span>credito <span class=\"_ _3\"></span>dei <span class=\"_ _3\"></span>clienti <span class=\"_ _3\"></span>viene <span class=\"_ _3\"></span>valutata <span class=\"_ _3\"></span>sulla <span class=\"_ _3\"></span>base <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>una <span class=\"_ _3\"></span>valutazione <span class=\"_ _3\"></span>generica <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>settore. <span class=\"_ _3\"></span>Sono <span class=\"_ _3\"></span>inoltre <span class=\"_ _3\"></span>stabiliti <span class=\"_ _3\"></span>l<span class=\"_ _3\"></span>imiti <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>cred<span class=\"_ _0\"></span>ito individuali <span class=\"_ _9\"> </span>per <span class=\"_ _5\"> </span>tutti <span class=\"_ _9\"> </span>i <span class=\"_ _9\"> </span>clienti <span class=\"_ _9\"> </span>sulla <span class=\"_ _9\"> </span>base <span class=\"_ _9\"> </span>di <span class=\"_ _5\"> </span>qu<span class=\"_ _0\"></span>esta <span class=\"_ _9\"> </span>valutazione. <span class=\"_ _9\"> </span>I <span class=\"_ _5\"> </span>c<span class=\"_ _0\"></span>rediti <span class=\"_ _9\"> </span>aperti <span class=\"_ _9\"> </span>verso <span class=\"_ _9\"> </span>clienti <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>le <span class=\"_ _5\"></span>att<span class=\"_ _0\"></span>ivit\u00e0 <span class=\"_ _9\"> </span>der<span class=\"_ _0\"></span>ivanti <span class=\"_ _9\"> </span>da <span class=\"_ _9\"> </span>contratto <span class=\"_ _9\"> </span>sono regolarmente <span class=\"_ _9\"> </span>monitor<span class=\"_ _0\"></span>ati. <span class=\"_ _9\"> </span>A <span class=\"_ _9\"> </span>ogni<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>data <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>bilancio <span class=\"_ _9\"> </span>v<span class=\"_ _0\"></span>iene <span class=\"_ _9\"> </span>svolta <span class=\"_ _9\"> </span>u<span class=\"_ _0\"></span>n\u2019analisi <span class=\"_ _9\"> </span>di <span class=\"_ _9\"> </span>impairm<span class=\"_ _0\"></span>ent <span class=\"_ _9\"> </span>sui <span class=\"_ _9\"> </span>credit<span class=\"_ _0\"></span>i, <span class=\"_ _9\"> </span>utilizzando <span class=\"_ _9\"> </span>una <span class=\"_ _9\"> </span>matr<span class=\"_ _0\"></span>ice <span class=\"_ _9\"> </span>p<span class=\"_ _3\"></span><span class=\"ff4\">er <span class=\"_ _9\"> </span>la </span>misurazione delle perdite at<span class=\"_ _0\"></span>tese.<span class=\"_ _0\"></span> Il calcolo <span class=\"_ _0\"></span>si basa <span class=\"_ _0\"></span>sia <span class=\"_ _0\"></span>sulla prob<span class=\"_ _0\"></span>abilit\u00e0 <span class=\"_ _0\"></span>di recupero <span class=\"_ _0\"></span>del cr<span class=\"_ _0\"></span>edito, s<span class=\"_ _0\"></span>ia su<span class=\"_ _0\"></span> una <span class=\"_ _0\"></span>analisi storica<span class=\"_ _0\"></span> delle <span class=\"_ _0\"></span>perdite s<span class=\"_ _0\"></span>u cred<span class=\"_ _0\"></span>iti che no<span class=\"_ _0\"></span>n<span class=\"_ _3\"></span> sono <span class=\"_ _0\"></span>mai <span class=\"_ _0\"></span>state di importo <span class=\"_ _2\"></span>significato. Infine, la <span class=\"_ _8\"></span>val<span class=\"_ _0\"></span>utazione tiene <span class=\"_ _2\"></span>conto del <span class=\"_ _8\"></span>fat<span class=\"_ _0\"></span>tore temporale del <span class=\"_ _2\"></span>denaro, e <span class=\"_ _2\"></span>le informazioni sugli eventi passati <span class=\"_ _8\"></span>c<span class=\"_ _0\"></span>he sono disponibili alla data di r<span class=\"_ _0\"></span>eporting, le cond<span class=\"_ _0\"></span>izioni correnti e gli scen<span class=\"_ _0\"></span>ari di mercato<span class=\"_ _0\"></span> attesi.<span class=\"_ _0\"></span> Di seguito il prospetto del<span class=\"_ _0\"></span>l\u2019ageing dei cred<span class=\"_ _0\"></span>iti verso clienti:<span class=\"_ _0\"></span><span class=\"ff4\"> </span><table class=\"s w364 h29f\" id=\"_0b2a84d5-18a6-4362-920e-0aa11f94f909\"><tr><td class=\"c x195 y17aa w4e h1b8\"><div class=\"t m0 x2b h2 y508 ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x22f y17ab w33c h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Totale<span class=\"_ _75\"> </span></div></td><td class=\"c x230 y17ab w365 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Non</div></td><td class=\"c x231 y17ab w366 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Scaduto 0-</div></td><td class=\"c x232 y17ab w367 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Scaduto</div></td><td class=\"c x233 y17ab w367 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Scaduto</div></td><td class=\"c x234 y17ab w367 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Scaduto</div></td><td class=\"c x235 y17ab w367 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Scaduto<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y17ac w229 h1f4\"><div class=\"t m0 x2b h5 yde1 ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td><td class=\"c x22f y17ad w368 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">crediti</div></td><td class=\"c x236 y17ad w369 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">scaduto<span class=\"_ _75\"> </span></div></td><td class=\"c x237 y17ad w36a h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls3 ws0\">30<span class=\"_ _75\"> </span></div></td><td class=\"c x238 y17ad w36b h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls3 ws0\">30<span class=\"ls0\">-</span>60<span class=\"_ _75\"> </span></div></td><td class=\"c x239 y17ad w36b h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls3 ws0\">60<span class=\"ls0\">-</span>90<span class=\"_ _75\"> </span></div></td><td class=\"c x23a y17ad w36c h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls3 ws0\">90<span class=\"ls0\">-</span>180<span class=\"_ _75\"> </span></div></td><td class=\"c x23b y17ad w36d h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">+180<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x195 y17ae w229 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">Italia </div></td><td class=\"c x208 y17ae w22a h1b8\"><div class=\"t m0 x8e h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">26.235.545 </span> </div></td><td class=\"c x1d4 y17ae w27 h1b8\"><div class=\"t m0 x8e h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">19.302.709 </span> </div></td><td class=\"c x23c y17ae w22a h1b8\"><div class=\"t m0 x58 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">5.650.018 </span> </div></td><td class=\"c x1ed y17ae w27 h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">724.042 </span> </div></td><td class=\"c x23d y17ae w27 h1b8\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">38.820 </span> </div></td><td class=\"c x23e y17ae w22b h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">162.775 </span> </div></td><td class=\"c x1dd y17ae w24 h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">357.181 </span> </div></td></tr><tr><td class=\"c x195 y17af w229 h1b8\"><div class=\"t m0 x2b h4 y508 ff4 fs0 fc1 sc0 ls0 ws0\">CEE </div></td><td class=\"c x208 y17af w22a h1b8\"><div class=\"t m0 x8e h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">10.551.952 </span> </div></td><td class=\"c x1d4 y17af w27 h1b8\"><div class=\"t m0 x58 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">7.121.470 </span> </div></td><td class=\"c x23c y17af w22a h1b8\"><div class=\"t m0 x58 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">3.117.698 </span> </div></td><td class=\"c x1ed y17af w27 h1b8\"><div class=\"t m0 x68 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">249.468 </span> </div></td><td class=\"c x23d y17af w27 h1b8\"><div class=\"t m0 x60 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">3.600 </span> </div></td><td class=\"c x23e y17af w22b h1b8\"><div class=\"t m0 x5d h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">22.708 </span> </div></td><td class=\"c x1dd y17af w24 h1b8\"><div class=\"t m0 x5d h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">37.008 </span> </div></td></tr><tr><td class=\"c x195 y17b0 w229 h39\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">Extra-CEE </div></td><td class=\"c x208 y17b0 w22a h39\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">876.258 </span> </div></td><td class=\"c x1d4 y17b0 w27 h39\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">484.810 </span> </div></td><td class=\"c x23c y17b0 w22a h39\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">258.237 </span> </div></td><td class=\"c x1ed y17b0 w27 h39\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">71.039 </span> </div></td><td class=\"c x23d y17b0 w27 h39\"><div class=\"t m0 x60 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.550 </span> </div></td><td class=\"c x23e y17b0 w22b h39\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">57.757 </span> </div></td><td class=\"c x1dd y17b0 w24 h39\"><div class=\"t m0 x60 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">2.866 </span> </div></td></tr><tr><td class=\"c x195 y17b1 w229 h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Crediti com<span class=\"_ _0\"></span>merciali lordi </div></td><td class=\"c x208 y17b1 w22a h1b8\"><div class=\"t m0 x8e h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">37.663.756 </span> </div></td><td class=\"c x1d4 y17b1 w27 h1b8\"><div class=\"t m0 x8e h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">26.908.989 </span> </div></td><td class=\"c x23c y17b1 w22a h1b8\"><div class=\"t m0 x58 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">9.025.952 </span> </div></td><td class=\"c x1ed y17b1 w27 h1b8\"><div class=\"t m0 x58 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.044.550 </span> </div></td><td class=\"c x23d y17b1 w27 h1b8\"><div class=\"t m0 x5d h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">43.970 </span> </div></td><td class=\"c x23e y17b1 w22b h1b8\"><div class=\"t m0 x68 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">243.239 </span> </div></td><td class=\"c x1dd y17b1 w24 h1b8\"><div class=\"t m0 x68 h5 y584 ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">397.055 </span> </div></td></tr><tr><td class=\"c x195 y17b2 w229 h39\"><div class=\"t m0 x2b h4 y55d ff4 fs0 fc1 sc0 ls0 ws0\">% svalutazione crediti<span class=\"_ _0\"></span> </div></td><td class=\"c x208 y17b2 w22a h39\"><div class=\"t m0 x56 h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">2,8%<span class=\"ls0\"> </span></div></td><td class=\"c x1d4 y17b2 w27 h39\"><div class=\"t m0 x56 h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">0,0%<span class=\"ls0\"> </span></div></td><td class=\"c x23c y17b2 w22a h39\"><div class=\"t m0 x56 h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">0,0%<span class=\"ls0\"> </span></div></td><td class=\"c x1ed y17b2 w27 h39\"><div class=\"t m0 x60 h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">35,7%<span class=\"ls0\"> </span></div></td><td class=\"c x23d y17b2 w27 h39\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">100,0%<span class=\"ls0\"> </span></div></td><td class=\"c x23e y17b2 w22b h39\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">100,0%<span class=\"ls0\"> </span></div></td><td class=\"c x1dd y17b2 w24 h39\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls3 ws0\">100,0%<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y17b3 w229 h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">f.do svalut<span class=\"_ _0\"></span>azione crediti </div></td><td class=\"c x208 y17b3 w22a h1b8\"><div class=\"t m0 x58 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">1.057.089 </span> </div></td><td class=\"c x1d4 y17b3 w27 h1b8\"><div class=\"t m0 x4b h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x23c y17b3 w22a h1b8\"><div class=\"t m0 x4b h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td><td class=\"c x1ed y17b3 w27 h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">372.825   </span> </div></td><td class=\"c x23d y17b3 w27 h1b8\"><div class=\"t m0 x5d h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">43.970   </span> </div></td><td class=\"c x23e y17b3 w22b h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">243.239   </span> </div></td><td class=\"c x1dd y17b3 w24 h1b8\"><div class=\"t m0 x68 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">397.055   </span> </div></td></tr><tr><td class=\"c x195 y17b4 w229 h1b8\"><div class=\"t m0 x2b h5 y508 ff5 fs0 fc1 sc0 ls0 ws0\">Crediti com<span class=\"_ _0\"></span>merciali netti </div></td><td class=\"c x208 y17b4 w22a h1b8\"><div class=\"t m0 x8e h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">36.606.666 </span> </div></td><td class=\"c x1d4 y17b4 w27 h1b8\"><div class=\"t m0 x8e h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">26.908.989 </span> </div></td><td class=\"c x23c y17b4 w22a h1b8\"><div class=\"t m0 x58 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">9.025.952 </span> </div></td><td class=\"c x1ed y17b4 w27 h1b8\"><div class=\"t m0 x68 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">671.725 </span> </div></td><td class=\"c x23d y17b4 w27 h1b8\"><div class=\"t m0 x40 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x23e y17b4 w22b h1b8\"><div class=\"t m0 x40 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td><td class=\"c x1dd y17b4 w24 h1b8\"><div class=\"t m0 x40 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\"> -<span class=\"ls4\">   </span> </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-307": {
   "value": "Crediti t<span class=\"_ _0\"></span>ributari Al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _3\"></span>2025 <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>crediti <span class=\"_ _3\"></span>tributari <span class=\"_ _0\"></span>ammontano <span class=\"_ _3\"></span>ad <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">47.368</span> <span class=\"_ _0\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>Euro <span class=\"_ _3\"></span><span class=\"ls3\">17.998</span> <span class=\"_ _0\"></span><span class=\"ff6\">dell\u2019esercizio <span class=\"_ _3\"></span>precedente</span>. <span class=\"_ _3\"></span>Di <span class=\"_ _0\"></span>seguito <span class=\"_ _0\"></span>se <span class=\"_ _3\"></span>ne riporta un dettaglio:<span class=\"_ _0\"></span><span class=\"ff5\"> </span><table class=\"s w362 h29d\" id=\"_8c708e87-477e-4ad3-ac80-02a143493d22\"><tr><td class=\"c x1e9 y179b w22c h53\"><div class=\"t m0 x43 hb3 y588 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x22c y179b w22d h53\"><div class=\"t m0 x5d h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x22d y179b w22e h53\"><div class=\"t m0 x5d h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y179c w22c h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti IRES </div></td><td class=\"c x22c y179c w22d h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 16.622  </div></td><td class=\"c x22d y179c w22e h53\"><div class=\"t m0 x97 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">17.998 </div></td></tr><tr><td class=\"c x1e9 y179d w22c h53\"><div class=\"t m0 x43 h7 y588 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti IRAP </div></td><td class=\"c x22c y179d w22d h53\"><div class=\"t m0 x24 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\"> 30.746  </div></td><td class=\"c x22d y179d w22e h53\"><div class=\"t m0 x37 h7 y33c ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x1e9 y179e w22c h53\"><div class=\"t m0 x43 h35 y588 ff5 fs2 fc1 sc0 ls0 ws0\">Totale crediti tributari </div></td><td class=\"c x22c y179e w22d h53\"><div class=\"t m0 x24 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\"> 47.368  </div></td><td class=\"c x22d y179e w22e h53\"><div class=\"t m0 x97 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">17.998 </div></td></tr></table>La Societ\u00e0 capogruppo, al 31.12<span class=\"_ _0\"></span>.2<span class=\"_ _0\"></span>5, risulta a credito IRA<span class=\"_ _0\"></span>P <span class=\"ff6\">per acconti paga<span class=\"_ _0\"></span>ti superiori al saldo a de<span class=\"_ _0\"></span>bito maturato ne<span class=\"_ _0\"></span>ll\u2019anno</span>.<span class=\"_ _0\"></span> Fine <span class=\"_ _5\"></span>Cosmetics, <span class=\"_ _5\"></span>invece, <span class=\"_ _9\"> </span>non <span class=\"_ _4\"></span>ha <span class=\"_ _5\"></span>pagato <span class=\"_ _5\"> </span>accon<span class=\"_ _0\"></span>ti <span class=\"_ _5\"></span>per <span class=\"_ _5\"></span>imposte<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>nel <span class=\"_ _4\"></span>2024 <span class=\"_ _5\"></span>ed <span class=\"_ _5\"></span>evidenzia <span class=\"_ _5\"> </span>un<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>saldo <span class=\"_ _5\"></span>a <span class=\"_ _4\"></span>credito <span class=\"_ _5\"></span>IRES <span class=\"_ _5\"></span>maturato <span class=\"_ _5\"> </span>in <span class=\"_ _9\"> </span>esercizi precedenti, di cui \u00e8 tutt\u2019ora in at<span class=\"_ _0\"></span>tesa di rimbor<span class=\"_ _0\"></span>so.<span class=\"ff4\"> </span>Debiti tributar<span class=\"_ _0\"></span>i Il totale dei <span class=\"_ _2\"></span>debiti tributari al 31 dicembre 2025 \u00e8 pari <span class=\"_ _2\"></span>ad Euro 995.522 contro 219.112 Euro al <span class=\"_ _2\"></span>31 dicembre 2024, di seguito suddiviso:<span class=\"ff5\"> </span><table class=\"s w37d h2ad\" id=\"_10246308-d763-4b5d-bbfa-18c0f670c756\"><tr><td class=\"c x195 y1805 w1e4 hc\"><div class=\"t m0 x2b hb3 y27c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x1e4 y1805 w254 hc\"><div class=\"t m0 x3b h35 y328 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x25a y1805 w255 hc\"><div class=\"t m0 x3b h35 y27c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y1806 w1e4 h1e9\"><div class=\"t m0 x2b h7 y31b ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per Ires </div></td><td class=\"c x1e4 y1806 w254 h1e9\"><div class=\"t m0 x54 h35 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 995.522 <span class=\"ff5\"> </span></div></td><td class=\"c x25a y1806 w255 h1e9\"><div class=\"t m0 x3d h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 16.044  </div></td></tr><tr><td class=\"c x195 y1807 w1e4 hc\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per Irap  </div></td><td class=\"c x1e4 y1807 w254 hc\"><div class=\"t m0 x85 h35 y328 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span><span class=\"ff5\"> </span></div></td><td class=\"c x25a y1807 w255 hc\"><div class=\"t m0 x54 h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\"> 203.068  </div></td></tr><tr><td class=\"c x195 y1808 w1e4 hc\"><div class=\"t m0 x2b h35 y27c ff5 fs2 fc1 sc0 ls0 ws0\">Totale debiti tributari </div></td><td class=\"c x1e4 y1808 w254 hc\"><div class=\"t m0 x54 h35 y328 ff5 fs2 fc1 sc0 ls0 ws0\"> 995.522  </div></td><td class=\"c x25a y1808 w255 hc\"><div class=\"t m0 x54 h35 y328 ff5 fs2 fc1 sc0 ls0 ws0\"> 219.112  </div></td></tr></table>I debiti tributari sono rifer<span class=\"_ _0\"></span>iti esclusivamente alla Cap<span class=\"_ _0\"></span>ogruppo e rigu<span class=\"_ _0\"></span>ardano lo stanziamen<span class=\"_ _0\"></span>to delle imposte cor<span class=\"_ _0\"></span>renti<span class=\"_ _0\"></span><span class=\"ls4\">. </span> Avendo Fine Foods esaurito le im<span class=\"_ _0\"></span>poste anticipate su pe<span class=\"_ _0\"></span>rdite fiscali,<span class=\"_ _0\"></span> torna ad iscrivere un d<span class=\"_ _0\"></span>ebito IRES al 31 dicem<span class=\"_ _0\"></span>bre 2025.<span class=\"_ _3\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-308": {
   "value": "Altre Attivit<span class=\"_ _0\"></span>\u00e0 Correnti Il totale <span class=\"ls3\">del</span>le altre attivit\u00e0 corren<span class=\"_ _0\"></span>ti al 31 dicembre 2025<span class=\"_ _0\"></span> \u00e8 pari ad Euro <span class=\"ls3\">6.859.387 </span>contro gli Euro 7.758.304 <span class=\"_ _0\"></span>al 31 dicembre 202<span class=\"_ _0\"></span>4. Nella seguente tabella se ne ripor<span class=\"_ _0\"></span>ta la composizione.<span class=\"_ _3\"></span> <table class=\"s w363 h29e\" id=\"_5ff0610b-b865-4284-93f6-b85fb1c51391\"><tr><td class=\"c x195 y179f w22f h1dd\"><div class=\"t m0 x2b hb3 y289 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x22e y179f w230 h1dd\"><div class=\"t m0 x66 h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x1f1 y179f w231 h1dd\"><div class=\"t m0 x50 h35 y289 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y17a0 w22f h1fb\"><div class=\"t m0 x2b h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\">Certificati Bianchi </div></td><td class=\"c x22e y17a0 w230 h1fb\"><div class=\"t m0 x93 h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 359.618  </div></td><td class=\"c x1f1 y17a0 w231 h1fb\"><div class=\"t m0 x7c h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 333.630  </div></td></tr><tr><td class=\"c x195 y17a1 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti di imposta per benefici fiscali </div></td><td class=\"c x22e y17a1 w230 h1dd\"><div class=\"t m0 x93 h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 739.106  </div></td><td class=\"c x1f1 y17a1 w231 h1dd\"><div class=\"t m0 x3d h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.312.245 </div></td></tr><tr><td class=\"c x195 y17a2 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti diversi </div></td><td class=\"c x22e y17a2 w230 h1dd\"><div class=\"t m0 x93 h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 369.926  </div></td><td class=\"c x1f1 y17a2 w231 h1dd\"><div class=\"t m0 x7c h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 281.517  </div></td></tr><tr><td class=\"c x195 y17a3 w22f h1fb\"><div class=\"t m0 x2b h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\">Credito Imposta Sost. su Riv. Marchio </div></td><td class=\"c x22e y17a3 w230 h1fb\"><div class=\"t m0 xa1 h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 58.015  </div></td><td class=\"c x1f1 y17a3 w231 h1fb\"><div class=\"t m0 x5e h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\">58.015      </div></td></tr><tr><td class=\"c x195 y17a4 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti IVA </div></td><td class=\"c x22e y17a4 w230 h1dd\"><div class=\"t m0 x7c h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.565.959  </div></td><td class=\"c x1f1 y17a4 w231 h1dd\"><div class=\"t m0 x3d h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.233.479  </div></td></tr><tr><td class=\"c x195 y17a5 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Crediti verso istituti di previdenza e sicurezza sociale </div></td><td class=\"c x22e y17a5 w230 h1dd\"><div class=\"t m0 xa1 h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 12.043  </div></td><td class=\"c x1f1 y17a5 w231 h1dd\"><div class=\"t m0 x2d h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 35.625  </div></td></tr><tr><td class=\"c x195 y17a6 w22f h1fc\"><div class=\"t m0 x2b h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\">Credito per ritenute Conto Energia </div></td><td class=\"c x22e y17a6 w230 h1fc\"><div class=\"t m0 x85 h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.060  </div></td><td class=\"c x1f1 y17a6 w231 h1fc\"><div class=\"t m0 xea h7 yc68 ff4 fs2 fc1 sc0 ls0 ws0\"> 4.836  </div></td></tr><tr><td class=\"c x195 y17a7 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Credito per ritenute su incassi di cedole, dividendi e plusvalenze realizzate </div></td><td class=\"c x22e y17a7 w230 h1dd\"><div class=\"t m0 x7c h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.178.786  </div></td><td class=\"c x1f1 y17a7 w231 h1dd\"><div class=\"t m0 x3d h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.178.069  </div></td></tr><tr><td class=\"c x195 y17a8 w22f h1dd\"><div class=\"t m0 x2b h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\">Ratei e risconti attivi </div></td><td class=\"c x22e y17a8 w230 h1dd\"><div class=\"t m0 x93 h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 571.875  </div></td><td class=\"c x1f1 y17a8 w231 h1dd\"><div class=\"t m0 x7c h7 y593 ff4 fs2 fc1 sc0 ls0 ws0\"> 320.887  </div></td></tr><tr><td class=\"c x195 y17a9 w22f h1dd\"><div class=\"t m0 x2b h35 y593 ff5 fs2 fc1 sc0 ls0 ws0\">Totale altre attivit\u00e0 correnti </div></td><td class=\"c x22e y17a9 w230 h1dd\"><div class=\"t m0 x7c h35 y593 ff5 fs2 fc1 sc0 ls0 ws0\"> 6.859.387  </div></td><td class=\"c x1f1 y17a9 w231 h1dd\"><div class=\"t m0 x3d h35 y593 ff5 fs2 fc1 sc0 ls0 ws0\"> 7.758.304  </div></td></tr></table>Il credito IVA, che afferisce principalm<span class=\"_ _0\"></span>ente alla controllante Fine Foods, ver<span class=\"_ _0\"></span>r\u00e0 compensato anche orizzontalmente<span class=\"_ _0\"></span> nel corso del 202<span class=\"_ _3\"></span>6<span class=\"ls38\">, </span>dopo aver completato le p<span class=\"_ _0\"></span>ratiche di invio del Mod<span class=\"_ _0\"></span>ello IVA<span class=\"_ _0\"></span>. La <span class=\"_ _4\"></span>voce <span class=\"_ _5\"></span>\u201cCrediti<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>ritenute <span class=\"_ _5\"></span>su <span class=\"_ _5\"></span>incassi <span class=\"_ _5\"></span>di <span class=\"_ _5\"></span>cedole, <span class=\"_ _5\"></span>dividendi<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>e <span class=\"_ _5\"></span>plusvalenze\u201d<span class=\"_ _0\"></span> <span class=\"_ _5\"> </span><span class=\"ff4\">si<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>rifer<span class=\"_ _0\"></span>isce <span class=\"_ _4\"></span>principa<span class=\"_ _0\"></span>lmente<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>alle <span class=\"_ _5\"></span>somme <span class=\"_ _5\"></span>trattenute<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>sulla </span>gestione <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>trimoniale <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>Fine <span class=\"_ _2\"></span>Foods e <span class=\"_ _8\"></span>che <span class=\"_ _8\"></span>verran<span class=\"_ _0\"></span>no <span class=\"_ _8\"></span>recu<span class=\"_ _0\"></span>perate <span class=\"_ _2\"></span><span class=\"ls3\">o <span class=\"_ _8\"></span><span class=\"ls0\">mediante <span class=\"_ _2\"></span>la <span class=\"_ _8\"></span>pr<span class=\"_ _0\"></span>esentazione <span class=\"_ _8\"></span>di apposite <span class=\"_ _8\"></span>istanze <span class=\"_ _2\"></span>di <span class=\"_ _8\"></span>rimbor<span class=\"_ _0\"></span>so <span class=\"_ _8\"></span>alle <span class=\"_ _2\"></span>autorit\u00e0 </span></span>fiscali competenti oppure t<span class=\"_ _0\"></span>ramite com<span class=\"_ _0\"></span>pensazione del debito IR<span class=\"_ _0\"></span>ES.<span class=\"_ _0\"></span> Il saldo <span class=\"ff6\">\u201cCrediti diversi\u201d <span class=\"_ _0\"></span></span>\u00e8 composto pr<span class=\"_ _0\"></span>incipalmente da <span class=\"_ _0\"></span>anticipi a fornitor<span class=\"_ _0\"></span>i per merci e servizi<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-309": {
   "value": "Cassa e Altre Disp<span class=\"_ _0\"></span>onibilit\u00e0 L<span class=\"_ _0\"></span>iquide Al 31 dicembre 2025 la cassa<span class=\"_ _0\"></span> e le altre dispon<span class=\"_ _0\"></span>ibilit\u00e0 liquide del Gr<span class=\"_ _0\"></span>uppo ammon<span class=\"_ _0\"></span>tano ad Euro <span class=\"ls3\">38.882.901</span> contro g<span class=\"_ _0\"></span>li Euro 19<span class=\"ls4\">.210.213 </span>al 31 dicembre 202<span class=\"_ _0\"></span>4. Di seguito se ne r<span class=\"_ _0\"></span>iporta un dettaglio:<span class=\"_ _0\"></span> <table class=\"s w36e h2a0\" id=\"_c4cc09c3-f31f-402d-9aea-3c8c39fb3fdb\"><tr><td class=\"c x1e9 y17b5 w232 h29\"><div class=\"t m0 x43 hb3 yddc ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x23f y17b5 w234 h29\"><div class=\"t m0 x5d h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x240 y17b5 w235 h29\"><div class=\"t m0 x5d h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y17b6 w232 h29\"><div class=\"t m0 x43 h7 yddc ff4 fs2 fc1 sc0 ls0 ws0\">Depositi bancari e postali </div></td><td class=\"c x23f y17b6 w234 h29\"><div class=\"t m0 x7e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">38.877.873 </div></td><td class=\"c x240 y17b6 w235 h29\"><div class=\"t m0 x41 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 19.204.756  </div></td></tr><tr><td class=\"c x1e9 y17b7 w232 h29\"><div class=\"t m0 x43 h7 yddc ff4 fs2 fc1 sc0 ls0 ws0\">Danaro e valori in cassa </div></td><td class=\"c x23f y17b7 w234 h29\"><div class=\"t m0 x5e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">5.028 </div></td><td class=\"c x240 y17b7 w235 h29\"><div class=\"t m0 x2d h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.457  </div></td></tr><tr><td class=\"c x1e9 y17b8 w232 h29\"><div class=\"t m0 x43 h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">Totale cassa e altre disponibilit\u00e0 liquide </div></td><td class=\"c x23f y17b8 w234 h29\"><div class=\"t m0 x7e h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">38.882.901 </div></td><td class=\"c x240 y17b8 w235 h29\"><div class=\"t m0 x41 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\"> 19.210.213  </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-310": {
   "value": "Patrimonio Netto Per quanto <span class=\"_ _2\"></span>riguarda la <span class=\"_ _2\"></span>composizione del <span class=\"_ _2\"></span>capitale sociale <span class=\"_ _8\"></span>si rimanda al <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ragrafo<span class=\"_ _0\"></span> sottostante <span class=\"ff6\">\u201cCateg<span class=\"_ _2\"></span>orie di <span class=\"_ _2\"></span>azioni emesse <span class=\"_ _2\"></span>dalla S<span class=\"_ _2\"></span>ociet\u00e0<span class=\"_ _0\"></span><span class=\"ff4\"> </span></span>Capogruppo<span class=\"ff6 ls5\">\u201d.</span> Tutte le azioni sottoscritte sono st<span class=\"_ _0\"></span>ate interamen<span class=\"_ _0\"></span>te liberate.<span class=\"_ _0\"></span> Di seguito si riporta il dettag<span class=\"_ _0\"></span>lio delle altre r<span class=\"_ _0\"></span>iserve: <table class=\"s w36f h2a1\" id=\"_ff809be9-b412-464e-9202-3f2b31f4d64f\"><tr><td class=\"c x195 y17b9 w236 h24\"><div class=\"t m0 x2b hb3 ya68 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x241 y17b9 w237 h24\"><div class=\"t m0 x68 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x242 y17b9 w1d8 h24\"><div class=\"t m0 x68 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y17ba w236 h1df\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva Legale  </div></td><td class=\"c x241 y17ba w237 h1df\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">5.000.000 </div></td><td class=\"c x242 y17ba w1d8 h1df\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">5.000.000 </div></td></tr><tr><td class=\"c x195 y17bb w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva negativa per azioni proprie in portafoglio </div></td><td class=\"c x241 y17bb w237 h24\"><div class=\"t m0 x47 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(18.722.230) </div></td><td class=\"c x242 y17bb w1d8 h24\"><div class=\"t m0 x47 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(14.139.356) </div></td></tr><tr><td class=\"c x195 y17bc w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva da avanzo da fusione </div></td><td class=\"c x241 y17bc w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">15.938.641 </div></td><td class=\"c x242 y17bc w1d8 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">19.366.185 </div></td></tr><tr><td class=\"c x195 y17bd w236 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva da sovrapprezzo </div></td><td class=\"c x241 y17bd w237 h1b7\"><div class=\"t m0 x173 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">86.743.750 </div></td><td class=\"c x242 y17bd w1d8 h1b7\"><div class=\"t m0 x173 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">86.743.750 </div></td></tr><tr><td class=\"c x195 y17be w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva straordinaria </div></td><td class=\"c x241 y17be w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">13.570.047 </div></td><td class=\"c x242 y17be w1d8 h24\"><div class=\"t m0 x77 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">1.532.549 </div></td></tr><tr><td class=\"c x195 y17bf w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva 1\u00b0 consolidamento Fine Cosmetics </div></td><td class=\"c x241 y17bf w237 h24\"><div class=\"t m0 x3f h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(6.928.892) </div></td><td class=\"c x242 y17bf w1d8 h24\"><div class=\"t m0 x3f h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(6.928.892) </div></td></tr><tr><td class=\"c x195 y17c0 w236 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva copertura derivati IRS </div></td><td class=\"c x241 y17c0 w237 h1b7\"><div class=\"t m0 x3e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">33.384 </div></td><td class=\"c x242 y17c0 w1d8 h1b7\"><div class=\"t m0 x3e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">33.384 </div></td></tr><tr><td class=\"c x195 y17c1 w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva conversione Warrant </div></td><td class=\"c x241 y17c1 w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11.311.789 </div></td><td class=\"c x242 y17c1 w1d8 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11.311.789<span class=\"ff20\"> </span></div></td></tr><tr><td class=\"c x195 y17c2 w236 h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale riserve </div></td><td class=\"c x241 y17c2 w237 h24\"><div class=\"t m0 x1a h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">106.946.489 </div></td><td class=\"c x242 y17c2 w1d8 h24\"><div class=\"t m0 x1a h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">102.919.409 </div></td></tr></table>Categorie di azioni emesse da<span class=\"_ _0\"></span>lla Societ\u00e0<span class=\"_ _0\"></span> Capogruppo<span class=\"_ _0\"></span> Nel <span class=\"_ _4\"></span>seguente <span class=\"_ _4\"></span>prospetto <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _3\"></span>indicat<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>il <span class=\"_ _4\"></span>numero <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>valore <span class=\"_ _4\"></span>nominale <span class=\"_ _4\"></span>de<span class=\"_ _0\"></span>lle <span class=\"_ _4\"></span>azioni <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>lla <span class=\"_ _4\"></span>Societ\u00e0<span class=\"_ _0\"></span>. <span class=\"_ _4\"></span>Non <span class=\"_ _4\"></span>si <span class=\"_ _4\"></span>sono <span class=\"_ _4\"></span>verificate <span class=\"_ _4\"></span>movimentazioni<span class=\"_ _0\"></span> durante il periodo.<span class=\"_ _0\"></span>  <table class=\"s w370 h2a2\" id=\"_2bf967a0-35ea-4c6c-ac4f-026303e77540\"><tr><td class=\"c x244 y17c3 w238 h1ff\"><div class=\"t m0 x156 h5 ydb0 ff5 fs0 fc1 sc0 ls0 ws0\">Tipologia </div></td><td class=\"c x245 y17c4 w371 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Consistenza<span class=\"_ _75\"> </span></div></td></tr><tr><td></td><td class=\"c x245 y17c5 w372 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">finale, num<span class=\"_ _0\"></span>ero<span class=\"_ _75\"> </span></div></td></tr><tr><td class=\"c x244 y17c6 w238 h29\"><div class=\"t m0 x156 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Ordinarie </div></td><td class=\"c x246 y17c6 w239 h29\"><div class=\"t m0 x56 h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">22.060.125<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x244 y17c7 w238 h9f\"><div class=\"t m0 x156 h4 y792 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Riscattabili<span class=\"_ _0\"></span> </div></td><td class=\"c x246 y17c7 w239 h9f\"><div class=\"t m0 x3d h4 y78a ff4 fs0 fc1 sc0 ls4 ws0\">                              </div><div class=\"t m0 x89 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">-<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x244 y17c8 w238 h29\"><div class=\"t m0 x156 h4 y50c ff4 fs0 fc1 sc0 ls0 ws0\">Azioni a Voto Plurimo<span class=\"_ _0\"></span> </div></td><td class=\"c x246 y17c8 w239 h29\"><div class=\"t m0 x4d h4 y50c ff4 fs0 fc1 sc0 ls3 ws0\">3.500.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x244 y17c9 w238 h9f\"><div class=\"t m0 x156 h4 y792 ff4 fs0 fc1 sc0 ls0 ws0\">Azioni Speciali </div></td><td class=\"c x246 y17c9 w239 h9f\"><div class=\"t m0 x3d h4 y78a ff4 fs0 fc1 sc0 ls4 ws0\">                              </div><div class=\"t m0 x89 h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">-<span class=\"ls4\">   </span> </div></td></tr><tr><td class=\"c x244 y17ca w238 h200\"><div class=\"t m0 x156 h5 yddc ff5 fs0 fc1 sc0 ls0 ws0\">Totale </div></td><td class=\"c x246 y17ca w239 h200\"><div class=\"t m0 x56 h5 yddc ff5 fs0 fc1 sc0 ls3 ws0\">25.560.125<span class=\"ls0\"> </span></div></td></tr></table>A titolo di completezza informativa, si rammenta che la Societ\u00e0 Capogruppo \u00e8 impegnata nell\u2019attivit\u00e0 di buy back (riacquisto <span class=\"ff4\">dei<span class=\"_ _0\"></span> propri </span>titoli <span class=\"_ _0\"></span>sul <span class=\"_ _3\"></span>mercato<span class=\"_ _0\"></span>), <span class=\"_ _0\"></span>indi<span class=\"_ _0\"></span>cativa <span class=\"_ _3\"></span>del<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>atto <span class=\"_ _3\"></span>che <span class=\"_ _3\"></span>la <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>ciet\u00e0 <span class=\"_ _3\"></span>Capogruppo <span class=\"_ _3\"></span>cred<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>lla <span class=\"_ _0\"></span>prop<span class=\"_ _0\"></span>ria <span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>escita <span class=\"_ _0\"></span>str<span class=\"_ _0\"></span>utturale <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>mercato <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>cui <span class=\"_ _3\"></span>se <span class=\"_ _3\"></span>ne riporta il <span class=\"_ _0\"></span>proprio <span class=\"_ _0\"></span>valore all\u2019interno<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>lla riserva <span class=\"_ _0\"></span>negativa pe<span class=\"_ _0\"></span>r azion<span class=\"_ _0\"></span>i pr<span class=\"_ _0\"></span>oprie in <span class=\"_ _0\"></span>portafoglio. <span class=\"_ _3\"></span><span class=\"ff4\">Il <span class=\"_ _0\"></span>piano di <span class=\"_ _0\"></span>buy <span class=\"_ _0\"></span>back ha <span class=\"_ _0\"></span>come <span class=\"_ _0\"></span>obiett<span class=\"_ _0\"></span>ivo quello<span class=\"_ _0\"></span> </span>di far fronte a<span class=\"_ _0\"></span> future acquisizioni e sine<span class=\"_ _0\"></span>rgie volte ad accrescere la f<span class=\"_ _0\"></span>ase di crescita pianifi<span class=\"_ _0\"></span>cata<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-346": {
   "value": "Per quanto <span class=\"_ _2\"></span>riguarda la <span class=\"_ _2\"></span>composizione del <span class=\"_ _2\"></span>capitale sociale <span class=\"_ _8\"></span>si rimanda al <span class=\"_ _8\"></span>pa<span class=\"_ _0\"></span>ragrafo<span class=\"_ _0\"></span> sottostante <span class=\"ff6\">\u201cCateg<span class=\"_ _2\"></span>orie di <span class=\"_ _2\"></span>azioni emesse <span class=\"_ _2\"></span>dalla S<span class=\"_ _2\"></span>ociet\u00e0<span class=\"_ _0\"></span><span class=\"ff4\"> </span></span>Capogruppo<span class=\"ff6 ls5\">\u201d.</span> Tutte le azioni sottoscritte sono st<span class=\"_ _0\"></span>ate interamen<span class=\"_ _0\"></span>te liberate.<span class=\"_ _0\"></span> Di seguito si riporta il dettag<span class=\"_ _0\"></span>lio delle altre r<span class=\"_ _0\"></span>iserve: <table class=\"s w36f h2a1\" id=\"_ff809be9-b412-464e-9202-3f2b31f4d64f\"><tr><td class=\"c x195 y17b9 w236 h24\"><div class=\"t m0 x2b hb3 ya68 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x241 y17b9 w237 h24\"><div class=\"t m0 x68 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x242 y17b9 w1d8 h24\"><div class=\"t m0 x68 h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y17ba w236 h1df\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva Legale  </div></td><td class=\"c x241 y17ba w237 h1df\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">5.000.000 </div></td><td class=\"c x242 y17ba w1d8 h1df\"><div class=\"t m0 x77 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">5.000.000 </div></td></tr><tr><td class=\"c x195 y17bb w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva negativa per azioni proprie in portafoglio </div></td><td class=\"c x241 y17bb w237 h24\"><div class=\"t m0 x47 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(18.722.230) </div></td><td class=\"c x242 y17bb w1d8 h24\"><div class=\"t m0 x47 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(14.139.356) </div></td></tr><tr><td class=\"c x195 y17bc w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva da avanzo da fusione </div></td><td class=\"c x241 y17bc w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">15.938.641 </div></td><td class=\"c x242 y17bc w1d8 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">19.366.185 </div></td></tr><tr><td class=\"c x195 y17bd w236 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva da sovrapprezzo </div></td><td class=\"c x241 y17bd w237 h1b7\"><div class=\"t m0 x173 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">86.743.750 </div></td><td class=\"c x242 y17bd w1d8 h1b7\"><div class=\"t m0 x173 h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">86.743.750 </div></td></tr><tr><td class=\"c x195 y17be w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva straordinaria </div></td><td class=\"c x241 y17be w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">13.570.047 </div></td><td class=\"c x242 y17be w1d8 h24\"><div class=\"t m0 x77 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">1.532.549 </div></td></tr><tr><td class=\"c x195 y17bf w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva 1\u00b0 consolidamento Fine Cosmetics </div></td><td class=\"c x241 y17bf w237 h24\"><div class=\"t m0 x3f h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(6.928.892) </div></td><td class=\"c x242 y17bf w1d8 h24\"><div class=\"t m0 x3f h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">(6.928.892) </div></td></tr><tr><td class=\"c x195 y17c0 w236 h1b7\"><div class=\"t m0 x2b h7 y6e5 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva copertura derivati IRS </div></td><td class=\"c x241 y17c0 w237 h1b7\"><div class=\"t m0 x3e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">33.384 </div></td><td class=\"c x242 y17c0 w1d8 h1b7\"><div class=\"t m0 x3e h7 y309 ff4 fs2 fc1 sc0 ls0 ws0\">33.384 </div></td></tr><tr><td class=\"c x195 y17c1 w236 h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Riserva conversione Warrant </div></td><td class=\"c x241 y17c1 w237 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11.311.789 </div></td><td class=\"c x242 y17c1 w1d8 h24\"><div class=\"t m0 x173 h7 y39 ff4 fs2 fc1 sc0 ls0 ws0\">11.311.789<span class=\"ff20\"> </span></div></td></tr><tr><td class=\"c x195 y17c2 w236 h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Totale riserve </div></td><td class=\"c x241 y17c2 w237 h24\"><div class=\"t m0 x1a h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">106.946.489 </div></td><td class=\"c x242 y17c2 w1d8 h24\"><div class=\"t m0 x1a h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">102.919.409 </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-311": {
   "value": "Debiti verso b<span class=\"_ _0\"></span>anche non correnti<span class=\"_ _0\"></span> Al <span class=\"_ _0\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>5 <span class=\"_ _3\"></span>i <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _3\"></span>banche <span class=\"_ _3\"></span>non <span class=\"_ _3\"></span>corren<span class=\"_ _0\"></span>ti <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>montano <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ls3\">72.736.116</span> <span class=\"_ _3\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _0\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ls3\">34.987.777</span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembre 202<span class=\"ls0\">4. Di seguito se ne riporta <span class=\"_ _0\"></span>un dettaglio:<span class=\"_ _0\"></span> </span><table class=\"s w373 h2a3\" id=\"_f1f12f11-fabd-4938-ad43-6523582bd185\"><tr><td class=\"c x1e9 y17cb w198 h3b\"><div class=\"t m0 x43 hb3 y6e5 ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x247 y17cb w143 h3b\"><div class=\"t m0 x56 h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x248 y17cb w1e1 h3b\"><div class=\"t m0 x56 h35 y6e5 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y17cc w198 h39\"><div class=\"t m0 x43 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Mutuo ipotecario MedioCredito </div></td><td class=\"c x247 y17cc w143 h39\"><div class=\"t m0 xcc h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x248 y17cc w1e1 h39\"><div class=\"t m0 x5e h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 2.489.863  </div></td></tr><tr><td class=\"c x1e9 y17cd w198 h3b\"><div class=\"t m0 x43 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamento Intesa 10M </div></td><td class=\"c x247 y17cd w143 h3b\"><div class=\"t m0 x175 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 8.995.323  </div></td><td class=\"c x248 y17cd w1e1 h3b\"><div class=\"t m0 x3 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x1e9 y17ce w198 h3a\"><div class=\"t m0 x43 h7 y127a ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamento BNL 20M </div></td><td class=\"c x247 y17ce w143 h3a\"><div class=\"t m0 x2d h7 y127a ff4 fs2 fc1 sc0 ls0 ws0\"> 20.245.485  </div></td><td class=\"c x248 y17ce w1e1 h3a\"><div class=\"t m0 x3 h7 y127a ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x1e9 y17cf w198 h39\"><div class=\"t m0 x43 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamento Intesa 20M </div></td><td class=\"c x247 y17cf w143 h39\"><div class=\"t m0 x2d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 18.010.513  </div></td><td class=\"c x248 y17cf w1e1 h39\"><div class=\"t m0 x3 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x1e9 y17d0 w198 h3b\"><div class=\"t m0 x43 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamento Intesa 30M </div></td><td class=\"c x247 y17d0 w143 h3b\"><div class=\"t m0 x2d h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">22.</span>574.431  </div></td><td class=\"c x248 y17d0 w1e1 h3b\"><div class=\"t m0 x3 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x1e9 y17d1 w198 h39\"><div class=\"t m0 x43 h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamento Intesa 70M </div></td><td class=\"c x247 y17d1 w143 h39\"><div class=\"t m0 xcc h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x248 y17d1 w1e1 h39\"><div class=\"t m0 x2d h7 y2cd ff4 fs2 fc1 sc0 ls0 ws0\"> 28.309.906  </div></td></tr><tr><td class=\"c x1e9 y17d2 w198 h3b\"><div class=\"t m0 x43 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamenti controllate  </div></td><td class=\"c x247 y17d2 w143 h3b\"><div class=\"t m0 x175 h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 2.910.364  </div></td><td class=\"c x248 y17d2 w1e1 h3b\"><div class=\"t m0 x5e h7 y2fa ff4 fs2 fc1 sc0 ls0 ws0\"> 4.188.008  </div></td></tr><tr><td class=\"c x1e9 y17d3 w198 h3b\"><div class=\"t m0 x43 h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\">Totale debiti verso banche non correnti </div></td><td class=\"c x247 y17d3 w143 h3b\"><div class=\"t m0 x2d h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">72.</span>736.116  </div></td><td class=\"c x248 y17d3 w1e1 h3b\"><div class=\"t m0 x2d h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\"> 34.987.777  </div></td></tr></table>Mutuo ipotecario MedioCr<span class=\"_ _0\"></span>edito<span class=\"_ _0\"></span> Il debito a fronte<span class=\"_ _0\"></span> del mutuo <span class=\"_ _0\"></span>ipotecario <span class=\"_ _0\"></span>che era stato <span class=\"_ _0\"></span>sottoscritto ne<span class=\"_ _0\"></span>l 2016<span class=\"_ _0\"></span> da Fine Foods <span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>evedeva una <span class=\"_ _0\"></span>scadenza <span class=\"_ _0\"></span>contrattuale al<span class=\"_ _0\"></span> 30 giugno 2027, con corresp<span class=\"_ _0\"></span>onsione di interessi e <span class=\"_ _0\"></span>di relativi costi, <span class=\"_ _0\"></span>era <span class=\"_ _0\"></span>stato valutato al costo am<span class=\"_ _0\"></span>mortizzato utilizzando il <span class=\"_ _0\"></span>criterio del tasso<span class=\"_ _0\"></span> di interesse effettivo, conform<span class=\"_ _0\"></span>emente a q<span class=\"_ _0\"></span>uanto previsto dal principi<span class=\"_ _0\"></span>o contabile internaziona<span class=\"_ _0\"></span>le IFRS 9 \u201c<span class=\"_ _0\"></span>Strumenti finanziari\u201d.<span class=\"_ _3\"></span><span class=\"ff4\"> </span>Il finanziamento \u00e8 stato estinto <span class=\"_ _0\"></span>anticipata<span class=\"_ _0\"></span>mente a novembr<span class=\"_ _0\"></span>e 2025. Finanziamento Intesa<span class=\"_ _0\"></span> <span class=\"ls3\">70</span> Milioni In <span class=\"_ _0\"></span>data <span class=\"_ _3\"></span>25 <span class=\"_ _0\"></span>febbraio <span class=\"_ _0\"></span>2022<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>Intesa <span class=\"_ _0\"></span>Sanpaolo<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>Fine <span class=\"_ _0\"></span>Foods <span class=\"_ _3\"></span>avevano <span class=\"_ _0\"></span><span class=\"ff6\">concluso <span class=\"_ _3\"></span>un\u2019operazione <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>finanziam<span class=\"_ _0\"></span>ento <span class=\"_ _0\"></span>per <span class=\"_ _3\"></span>un <span class=\"_ _0\"></span>ammontare <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>70 </span>milioni di euro. Nel corso del 2023, Fine Foods, a <span class=\"_ _2\"></span>fronte della chiusur<span class=\"_ _0\"></span>a del portafoglio titoli, aveva rimborsato anticipatamente Euro 2<span class=\"_ _0\"></span>0 milioni di capitale. <span class=\"_ _0\"></span>A dicembre 2025 ha<span class=\"_ _0\"></span> estinto interamente an<span class=\"_ _0\"></span>ticipatamente il deb<span class=\"_ _0\"></span>ito residuo.<span class=\"_ _0\"></span> Finanziamento Intesa 10<span class=\"_ _0\"></span> Milioni In <span class=\"_ _9\"> </span>data <span class=\"_ _7\"> </span>12 <span class=\"_ _9\"> </span>giugno <span class=\"_ _7\"> </span>2025 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _7\"> </span>stato <span class=\"_ _9\"> </span>stipulato <span class=\"_ _7\"> </span>un <span class=\"_ _9\"> </span>nuovo<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>finanz<span class=\"_ _0\"></span>iamento <span class=\"_ _7\"> </span>con <span class=\"_ _9\"> </span>Intesa <span class=\"_ _7\"> </span>Sanpaolo. <span class=\"_ _9\"> </span>Di <span class=\"_ _7\"> </span>seguito <span class=\"_ _7\"> </span>si <span class=\"_ _9\"> </span>riepilogano <span class=\"_ _9\"> </span>le <span class=\"_ _7\"> </span>principali caratteristiche: -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Ammontare complessivo Euro 1<span class=\"_ _0\"></span>0<span class=\"ls4\">.000.0<span class=\"_ _0\"></span>00;  </span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Tasso: Euribor 6 mesi + spread d<span class=\"_ _0\"></span>ell<span class=\"ls3\">o 0,75<span class=\"lsb\">%.<span class=\"_ _0\"></span></span></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Scadenza: 12 giugno 2031<span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Periodicit\u00e0: 12 rate semestrali a p<span class=\"_ _0\"></span>artire dal 12 dicem<span class=\"_ _0\"></span>bre 2025<span class=\"_ _0\"></span> </span></span>Il finanziamento <span class=\"_ _2\"></span>\u00e8 subordinato <span class=\"_ _2\"></span>al rispetto di <span class=\"_ _8\"></span>un covenant finanziario, che <span class=\"_ _2\"></span>deve essere <span class=\"_ _2\"></span>calcolato sulla base <span class=\"_ _2\"></span>del bilancio <span class=\"_ _2\"></span>cons<span class=\"_ _0\"></span>olidato del Gruppo. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>covenant <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>question<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>ver<span class=\"_ _0\"></span>ificarsi <span class=\"_ _4\"></span>con <span class=\"_ _3\"></span>cad<span class=\"_ _0\"></span>enza <span class=\"_ _4\"></span>semestrale,<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _4\"></span>tra <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>Posizione <span class=\"_ _4\"></span>Finanziaria <span class=\"_ _4\"></span>Netta <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>PFN) <span class=\"_ _4\"></span>e l'EBITDA. Alla data del 31 dicembr<span class=\"_ _0\"></span>e 2025, il covenant<span class=\"_ _0\"></span>, la cui sogl<span class=\"_ _0\"></span>ia \u00e8 pari a 3,<span class=\"_ _0\"></span> risulta essere r<span class=\"_ _0\"></span>ispettato.<span class=\"_ _0\"></span> Finanziamento BNL 20 M<span class=\"_ _0\"></span>ilioni  In data <span class=\"ls0\">2 luglio 2025 \u00e8 stato stipulato un nuovo finanziamen<span class=\"_ _0\"></span>to con Banca Nazionale del Lavoro<span class=\"_ _0\"></span>. Di seguito si riepilogano le principali </span>caratteristiche: -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Ammontare complessivo Euro <span class=\"_ _0\"></span>20<span class=\"ls4\">.000.0<span class=\"_ _0\"></span>00;  </span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Tasso: Euribor 6 mesi + spread d<span class=\"_ _0\"></span>ell<span class=\"ls3\">o 0,</span>65%;<span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Scadenza: 2 luglio 2030;<span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Periodicit\u00e0: 12 rate semestrali a p<span class=\"_ _0\"></span>artire dal <span class=\"_ _0\"></span><span class=\"ls3\">02 gennaio 2027</span>. </span></span>Il finanziamento <span class=\"_ _2\"></span>\u00e8 subordinato <span class=\"_ _2\"></span>al rispetto di <span class=\"_ _8\"></span>un covenant finanziario, che <span class=\"_ _2\"></span>deve essere <span class=\"_ _2\"></span>calcolato sulla base <span class=\"_ _2\"></span>del bilancio <span class=\"_ _2\"></span>cons<span class=\"_ _0\"></span>olidato del Gruppo. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>covenant <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>question<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>ver<span class=\"_ _0\"></span>ificarsi <span class=\"_ _4\"></span>con <span class=\"_ _3\"></span>cad<span class=\"_ _0\"></span>enza <span class=\"_ _4\"></span>semestrale,<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>\u00e8 <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _4\"></span>tra <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>Posizione <span class=\"_ _4\"></span>Finanziaria <span class=\"_ _4\"></span>Netta <span class=\"_ _3\"></span>(<span class=\"_ _0\"></span>PFN) <span class=\"_ _4\"></span>e l'EBITDA.<span class=\"_ _75\"> </span>Alla data del 31 dicembr<span class=\"_ _0\"></span>e 2025, il covenant<span class=\"_ _0\"></span>, la cui sogl<span class=\"_ _0\"></span>ia \u00e8 pari a 3,<span class=\"_ _0\"></span>5, risulta essere r<span class=\"_ _0\"></span>ispettato.<span class=\"_ _0\"></span> Finanziamento Intesa 20<span class=\"_ _0\"></span> Milioni In <span class=\"_ _9\"> </span>data <span class=\"_ _9\"> </span>29 <span class=\"_ _9\"> </span>maggio <span class=\"_ _9\"> </span>2025 <span class=\"_ _9\"> </span>\u00e8 <span class=\"_ _9\"> </span>stat<span class=\"_ _0\"></span>o <span class=\"_ _9\"> </span>stipulato <span class=\"_ _9\"> </span>un <span class=\"_ _9\"> </span>nuovo <span class=\"_ _9\"> </span>fina<span class=\"_ _0\"></span>nziamen<span class=\"_ _0\"></span>to <span class=\"_ _9\"> </span>con <span class=\"_ _9\"> </span>Intesa <span class=\"_ _9\"> </span>Sanpaolo. <span class=\"_ _7\"> </span>Di <span class=\"_ _9\"> </span>seguito <span class=\"_ _9\"> </span>si <span class=\"_ _9\"> </span>riepilogano <span class=\"_ _9\"> </span>le <span class=\"_ _9\"> </span>princ<span class=\"_ _0\"></span>ipali caratteristiche: -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Ammontare complessivo Euro 2<span class=\"_ _0\"></span>0.000.000;  <span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Tasso: Euribor 6 mesi + spread d<span class=\"_ _0\"></span>ello 0,75%<span class=\"_ _0\"></span>; </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Scadenza: 29 maggio 2031;<span class=\"_ _0\"></span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Periodicit\u00e0: 12 rate semestrali a p<span class=\"_ _0\"></span>artire dal 29 nove<span class=\"_ _0\"></span>mbre 2025<span class=\"_ _0\"></span>.<span class=\"ff3\"> </span></span></span>Il finanziamento <span class=\"_ _2\"></span>\u00e8 subordinato <span class=\"_ _2\"></span>al rispetto di <span class=\"_ _8\"></span>un covenant finanziario, che <span class=\"_ _2\"></span>deve essere <span class=\"_ _2\"></span>calcolato sulla base <span class=\"_ _2\"></span>del bilancio <span class=\"_ _2\"></span>cons<span class=\"_ _0\"></span>olidato del Gruppo. <span class=\"_ _4\"></span>Il <span class=\"_ _4\"></span>covenant <span class=\"_ _4\"></span>in <span class=\"_ _3\"></span>question<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>da <span class=\"_ _3\"></span>ver<span class=\"_ _0\"></span>ificarsi <span class=\"_ _4\"></span>con <span class=\"_ _3\"></span>cad<span class=\"_ _0\"></span>enza <span class=\"_ _4\"></span>semestrale, <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _4\"></span>il <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>apporto <span class=\"_ _4\"></span>tra <span class=\"_ _4\"></span>la <span class=\"_ _4\"></span>Posizione <span class=\"_ _4\"></span>Finanziaria <span class=\"_ _4\"></span>Netta <span class=\"_ _4\"></span>(PFN) <span class=\"_ _3\"></span>e l'EBITDA. Alla data del 31 dicembr<span class=\"_ _0\"></span>e 2025, il covenant<span class=\"_ _0\"></span>, la cui sogl<span class=\"_ _0\"></span>ia \u00e8 pari a 3,<span class=\"_ _0\"></span> risulta essere r<span class=\"_ _0\"></span>ispettato.<span class=\"_ _0\"></span> Finanziamento Intesa 30<span class=\"_ _0\"></span> Milioni  In <span class=\"_ _7\"> </span>data  30 <span class=\"_ _9\"> </span>ottob<span class=\"_ _0\"></span>re <span class=\"_ _7\"> </span>2025  \u00e8 <span class=\"_ _9\"> </span>stato  stipulato <span class=\"_ _9\"> </span>un  nuovo <span class=\"_ _7\"> </span>finanziamento <span class=\"_ _7\"> </span>con  Intesa <span class=\"_ _9\"> </span>Sanpaolo.  Di <span class=\"_ _9\"> </span>s<span class=\"_ _0\"></span>eguito <span class=\"_ _7\"> </span>si <span class=\"_ _7\"> </span>riepilogano  le <span class=\"_ _9\"> </span>pr<span class=\"_ _0\"></span>incipali caratteristiche: -<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Ammontare complessivo Euro <span class=\"_ _0\"></span>30.00<span class=\"_ _0\"></span>0.000;   </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Tasso: Euribor 6 mesi + spread d<span class=\"_ _0\"></span>ello 0,<span class=\"_ _0\"></span>6<span class=\"ls3\">5%</span>; </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Scadenza: <span class=\"ls3\">30 ottobre 2029;</span> </span></span>-<span class=\"ff9\"> <span class=\"_ _4b\"> </span><span class=\"ff4\">Periodicit\u00e0: 12 rate semestrali a p<span class=\"_ _0\"></span>artire dal <span class=\"_ _0\"></span>30 aprile 2026.<span class=\"_ _0\"></span><span class=\"ff3\"> </span></span></span>Il finanziamento \u00e8 <span class=\"_ _0\"></span>subordinato al <span class=\"_ _0\"></span>rispetto di un covenant<span class=\"_ _0\"></span> finanziario, ch<span class=\"_ _0\"></span>e deve essere <span class=\"_ _0\"></span>calcolato sulla <span class=\"_ _0\"></span>base del bilancio cons<span class=\"_ _3\"></span>olidato d<span class=\"_ _0\"></span>el Gruppo. <span class=\"_ _5\"></span>Il <span class=\"_ _4\"></span>covenant <span class=\"_ _5\"></span>in <span class=\"_ _5\"></span>questione<span class=\"_ _0\"></span>, <span class=\"_ _4\"></span>da<span class=\"_ _0\"></span> <span class=\"_ _4\"></span>verificarsi <span class=\"_ _5\"></span>con <span class=\"_ _5\"></span>cadenza <span class=\"_ _5\"></span>semestrale,<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>\u00e8 <span class=\"_ _4\"></span>il <span class=\"_ _5\"></span>rapporto <span class=\"_ _5\"></span>tra <span class=\"_ _5\"></span>la <span class=\"_ _4\"></span>Posiz<span class=\"_ _0\"></span>ione <span class=\"_ _4\"></span>Finan<span class=\"_ _0\"></span>ziaria <span class=\"_ _4\"></span>Netta <span class=\"_ _5\"></span>(PFN) <span class=\"_ _5\"></span>e<span class=\"_ _0\"></span> l'EBITDA. Alla data del 31 dicembr<span class=\"_ _0\"></span>e 2025, il covenant<span class=\"_ _0\"></span>, la cui sogl<span class=\"_ _0\"></span>ia \u00e8 pari a 3,<span class=\"_ _0\"></span> risulta essere r<span class=\"_ _0\"></span>ispettato.<span class=\"_ _0\"></span>  <span class=\"_ _71\"> </span><span class=\"ff5\">Debiti verso b<span class=\"_ _0\"></span>anche correnti </span>Al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembre <span class=\"_ _4\"></span>2025 <span class=\"_ _3\"></span>i <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>ver<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>banche <span class=\"_ _3\"></span>corr<span class=\"_ _0\"></span>enti <span class=\"_ _3\"></span>sono <span class=\"_ _3\"></span>pari <span class=\"_ _4\"></span>ad <span class=\"_ _3\"></span>Euro <span class=\"_ _3\"></span><span class=\"ls3\">12.752.615</span> <span class=\"_ _3\"></span>contr<span class=\"_ _0\"></span>o <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>Euro <span class=\"_ _4\"></span>18.367.370 <span class=\"_ _3\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>2024, articolati come di seguito:<span class=\"_ _0\"></span> <table class=\"s w374 h2a4\" id=\"_354043b4-bec3-4307-bd47-5e8d6c0f75ef\"><tr><td class=\"c x1e9 y17d4 w23c h29\"><div class=\"t m0 x43 hb3 yddc ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x249 y17d4 w23d h29\"><div class=\"t m0 x6a h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x227 y17d4 w98 h29\"><div class=\"t m0 x6a h35 yddc ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y17d5 w23c h29\"><div class=\"t m0 x43 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">Anticipi fatture </div></td><td class=\"c x249 y17d5 w23d h29\"><div class=\"t m0 x125 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x227 y17d5 w98 h29\"><div class=\"t m0 x3e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 6.900.000  </div></td></tr><tr><td class=\"c x1e9 y17d6 w23c h29\"><div class=\"t m0 x43 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">Conti correnti saldo negativo </div></td><td class=\"c x249 y17d6 w23d h29\"><div class=\"t m0 x24 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 999.224  </div></td><td class=\"c x227 y17d6 w98 h29\"><div class=\"t m0 x125 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td></tr><tr><td class=\"c x1e9 y17d7 w23c h29\"><div class=\"t m0 x43 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">Factor </div></td><td class=\"c x249 y17d7 w23d h29\"><div class=\"t m0 x125 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> -<span class=\"ls17\">   </span> </div></td><td class=\"c x227 y17d7 w98 h29\"><div class=\"t m0 x24 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 424.887  </div></td></tr><tr><td class=\"c x1e9 y17d8 w23c h29\"><div class=\"t m0 x43 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">Finanziamenti - Quota entro esercizio </div></td><td class=\"c x249 y17d8 w23d h29\"><div class=\"t m0 x7e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\"></span><span class=\"ls13\">11.</span>750.966  </div></td><td class=\"c x227 y17d8 w98 h29\"><div class=\"t m0 x7e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 11.033.001  </div></td></tr><tr><td class=\"c x1e9 y17d9 w23c h29\"><div class=\"t m0 x43 h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\">Ratei passivi su interessi </div></td><td class=\"c x249 y17d9 w23d h29\"><div class=\"t m0 x5e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 2.425  </div></td><td class=\"c x227 y17d9 w98 h29\"><div class=\"t m0 x5e h7 y2b7 ff4 fs2 fc1 sc0 ls0 ws0\"> 9.482  </div></td></tr><tr><td class=\"c x1e9 y17da w23c h29\"><div class=\"t m0 x43 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">Totale debiti verso banche correnti </div></td><td class=\"c x249 y17da w23d h29\"><div class=\"t m0 x54 h35 y2b7 ff5 fs2 fc1 sc0 ls13 ws0\">12.<span class=\"ls0\">752.615</span><span class=\"ls0\"> </span></div></td><td class=\"c x227 y17da w98 h29\"><div class=\"t m0 x54 h35 y2b7 ff5 fs2 fc1 sc0 ls0 ws0\">18.367.370 </div></td></tr></table>Per la variazione della quota d<span class=\"_ _0\"></span>i finanziamen<span class=\"_ _0\"></span>ti e mutui entro l\u2019eserci<span class=\"_ _0\"></span>zio si rimanda a quanto <span class=\"_ _0\"></span>esposto al parag<span class=\"_ _0\"></span>rafo precedente<span class=\"_ _3\"></span><span class=\"ff4\">. </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-312": {
   "value": "Fondi per risc<span class=\"_ _0\"></span>hi ed oneri I <span class=\"_ _4\"></span>fondi <span class=\"_ _4\"></span>per <span class=\"_ _4\"></span>risc<span class=\"_ _0\"></span>hi <span class=\"_ _4\"></span>ed <span class=\"_ _5\"></span>oneri <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>3<span class=\"_ _0\"></span>1 <span class=\"_ _4\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>202<span class=\"_ _0\"></span>5 <span class=\"_ _4\"></span>ammontan<span class=\"_ _0\"></span>o <span class=\"_ _4\"></span>ad <span class=\"_ _5\"></span>Euro <span class=\"_ _4\"></span><span class=\"ls3\">2.710.805</span> <span class=\"_ _5\"></span>contro <span class=\"_ _4\"></span>Euro <span class=\"_ _5\"></span>1.600<span class=\"_ _0\"></span>.000 <span class=\"_ _4\"></span><span class=\"ff6\">alla <span class=\"_ _4\"></span>ch<span class=\"_ _0\"></span>iusura <span class=\"_ _4\"></span>dell\u2019eser<span class=\"_ _0\"></span>cizio </span>precedente<span class=\"ls4\">. </span> <table class=\"s w37a h2aa\" id=\"_89635851-8399-4262-a3ed-daebad68c0f7\"><tr><td class=\"c x254 y17f9 w24b h209\"><div class=\"t m0 x2b hb3 y33c ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x255 y17f9 w24d h209\"><div class=\"t m0 x31 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x256 y17f9 w24e h209\"><div class=\"t m0 x31 h35 y33c ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x254 y17fa w24b hc\"><div class=\"t m0 x2b h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">Fondi rischi differenze retributive </div></td><td class=\"c x255 y17fa w24d hc\"><div class=\"t m0 x59 h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">2.710.805 </div></td><td class=\"c x256 y17fa w24e hc\"><div class=\"t m0 x59 h7 y27c ff4 fs2 fc1 sc0 ls0 ws0\">1.600.000 </div></td></tr><tr><td class=\"c x254 y17fb w24b h20b\"><div class=\"t m0 x2b h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\">Totale Fondi per rischi ed oneri </div></td><td class=\"c x255 y17fb w24d h20b\"><div class=\"t m0 x59 h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\">2.710.805 </div></td><td class=\"c x256 y17fb w24e h20b\"><div class=\"t m0 x59 h35 y2fa ff5 fs2 fc1 sc0 ls0 ws0\">1.600.000 </div></td></tr></table>Al <span class=\"_ _9\"> </span>31<span class=\"_ _0\"></span> <span class=\"_ _7\"> </span>dicembre <span class=\"_ _7\"> </span>2025, <span class=\"_ _7\"> </span>Fine  Foods, <span class=\"_ _9\"> </span>a <span class=\"_ _7\"> </span>fronte <span class=\"_ _7\"> </span>del<span class=\"_ _0\"></span>le <span class=\"_ _9\"> </span>valuta<span class=\"_ _0\"></span>zioni  in <span class=\"_ _9\"> </span>corso <span class=\"_ _7\"> </span>circa  la <span class=\"_ _9\"> </span>possibilit\u00e0<span class=\"_ _0\"></span> <span class=\"_ _9\"> </span>di  intraprendere <span class=\"_ _7\"> </span>una <span class=\"_ _7\"> </span>trattativa <span class=\"_ _7\"> </span>con <span class=\"_ _7\"> </span>le organizzazioni <span class=\"_ _3\"></span>sinda<span class=\"_ _0\"></span>cali <span class=\"_ _3\"></span>per <span class=\"_ _3\"></span>addi<span class=\"_ _0\"></span>venire <span class=\"_ _3\"></span>ad <span class=\"_ _4\"></span>una <span class=\"_ _3\"></span>soluzione <span class=\"_ _3\"></span>tran<span class=\"_ _0\"></span>sattiva <span class=\"_ _3\"></span>per<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>le <span class=\"_ _3\"></span>rivendicaz<span class=\"_ _0\"></span>ioni <span class=\"_ _3\"></span>ricevute <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>elative <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>tem<span class=\"_ _0\"></span>pi <span class=\"_ _3\"></span>di <span class=\"_ _3\"></span>vest<span class=\"_ _3\"></span>iz<span class=\"_ _0\"></span>ione <span class=\"_ _3\"></span>dei<span class=\"_ _0\"></span> propri <span class=\"_ _0\"></span>dipendenti, <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>incr<span class=\"_ _0\"></span>ementato <span class=\"_ _0\"></span>lo <span class=\"_ _3\"></span>stanzia<span class=\"ff6\">mento <span class=\"_ _0\"></span>a <span class=\"_ _0\"></span>fon<span class=\"_ _0\"></span>do <span class=\"_ _0\"></span>rischi <span class=\"_ _0\"></span>effett<span class=\"_ _0\"></span>uato <span class=\"_ _0\"></span>nell\u2019esercizio <span class=\"_ _0\"></span>precedent<span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>ulteriori <span class=\"_ _0\"></span>1,3 <span class=\"_ _0\"></span>milion<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Euro, </span>dopo <span class=\"_ _2\"></span>averne utilizzato <span class=\"_ _8\"></span>una quota parte <span class=\"_ _8\"></span>pe<span class=\"_ _0\"></span>r <span class=\"_ _2\"></span>le <span class=\"_ _2\"></span>controversie gi\u00e0 <span class=\"_ _8\"></span>concl<span class=\"_ _0\"></span>use <span class=\"_ _2\"></span>nell\u2019anno<span class=\"_ _0\"></span><span class=\"ff4 ls4\">. <span class=\"_ _2\"></span><span class=\"ls0\">Il valore <span class=\"_ _2\"></span>complessivo del <span class=\"_ _8\"></span>fondo viene <span class=\"_ _2\"></span>stimato<span class=\"_ _0\"></span> <span class=\"_ _2\"></span>in <span class=\"_ _2\"></span>base<span class=\"_ _0\"></span> </span></span>a<span class=\"ff6\">ll\u2019identificazione di un costo medio per anno e per <span class=\"_ _2\"></span>dipendente,<span class=\"_ _0\"></span> applicato poi al numero di dipendenti in forza per anno di <span class=\"_ _2\"></span>as<span class=\"_ _0\"></span><span class=\"ff4\">sun<span class=\"_ _0\"></span>zione. </span></span>Il medesimo costo annuo indiv<span class=\"_ _0\"></span>iduale \u00e8 stato<span class=\"_ _0\"></span> stimato anche per i so<span class=\"_ _0\"></span>mministrati in forza a<span class=\"_ _0\"></span>l 31 dicembre 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>5. Di seguito si riporta la movimenta<span class=\"_ _0\"></span>zione per il 202<span class=\"_ _0\"></span>5:<span class=\"_ _0\"></span> <table class=\"s w37b h2ab\" id=\"_6e47dd4c-8239-4d0d-ab07-cd23f81b094b\"><tr><td class=\"c x195 y17fc w24f h24\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Saldo 01 gennaio 2025 </div></td><td class=\"c x257 y17fc w250 h24\"><div class=\"t m0 x67 h35 ya68 ff5 fs2 fc1 sc0 ls17 ws0\">        <span class=\"ls0\">1.600.000  </span></div></td></tr><tr><td class=\"c x195 y17fd w24f h54\"><div class=\"t m0 x2b h7 y50c ff4 fs2 fc1 sc0 ls0 ws0\">Accantonamenti a Fondo   </div></td><td class=\"c x257 y17fd w250 h54\"><div class=\"t m0 x67 h7 y50c ff4 fs2 fc1 sc0 ls17 ws0\">        <span class=\"ls0\">1.269.438  </span></div></td></tr><tr><td class=\"c x195 y17fe w24f h24\"><div class=\"t m0 x2b h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">Utilizzo Fondo   </div></td><td class=\"c x257 y17fe w250 h24\"><div class=\"t m0 x31 h7 ya68 ff4 fs2 fc1 sc0 ls0 ws0\">(158.633)  </div></td></tr><tr><td class=\"c x195 y17ff w24f h29\"><div class=\"t m0 x2b h35 ya68 ff5 fs2 fc1 sc0 ls0 ws0\">Saldo 31 dicembre 2025 </div></td><td class=\"c x257 y17ff w250 h29\"><div class=\"t m0 x67 h35 ya68 ff5 fs2 fc1 sc0 ls17 ws0\">        <span class=\"ls0\">2.710.805  </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-313": {
   "value": "<div class=\"c w2 h0 gs8d\"><div class=\"t m0 x0 h4 y20e ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x0 h4 y20f ff4 fs0 fc1 sc0 ls0 ws0\"> </div><div class=\"t m0 x3e h5 y11ff ffe fs0 fc1 sc0 ls0 ws0\"> <span class=\"_ _71\"> </span><span class=\"ff5\">Debiti commer<span class=\"_ _0\"></span>ciali </span></div><div class=\"t m0 x0 h4 y1e9 ff4 fs0 fc1 sc0 ls0 ws0\">I debiti <span class=\"_ _0\"></span>verso fornito<span class=\"_ _0\"></span>ri al <span class=\"_ _0\"></span>31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>5 am<span class=\"_ _0\"></span>montano ad<span class=\"_ _0\"></span> Euro <span class=\"_ _0\"></span>36.351.9<span class=\"_ _0\"></span>71, contr<span class=\"_ _0\"></span>o gli <span class=\"_ _0\"></span>Euro 36.555<span class=\"_ _0\"></span>.143 <span class=\"_ _0\"></span>al 31 <span class=\"_ _0\"></span>dicembre <span class=\"_ _0\"></span>2024, <span class=\"_ _0\"></span>ripartiti </div><div class=\"t m0 x0 h4 y65a ff4 fs0 fc1 sc0 ls0 ws0\">geograficamente come se<span class=\"_ _0\"></span>gue: </div><div class=\"t m0 x24 h4 y12b7 ff4 fs0 fc1 sc0 ls0 ws0\"> </div></div><div class=\"gs8e\"><table class=\"s w37c h2ac\" id=\"_e79436ff-1a5d-4180-b68a-bb00e980bd07\"><tr><td class=\"c x1e9 y1800 w251 h20c\"><div class=\"t m0 x43 hb3 y29a ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x258 y1800 w252 h20c\"><div class=\"t m0 x11e h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x259 y1800 w253 h20c\"><div class=\"t m0 x11e h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x1e9 y1801 w251 h20c\"><div class=\"t m0 x43 h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">Debiti v.so fornitori ITALIA </div></td><td class=\"c x258 y1801 w252 h20c\"><div class=\"t m0 x1b h7 y322 ff4 fs2 fc1 sc0 ls0 ws0\">31.657.568 </div></td><td class=\"c x259 y1801 w253 h20c\"><div class=\"t m0 x1b h7 y322 ff4 fs2 fc1 sc0 ls0 ws0\">31.303.986 </div></td></tr><tr><td class=\"c x1e9 y1802 w251 h1dc\"><div class=\"t m0 x43 h7 y289 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti v.so fornitori CEE </div></td><td class=\"c x258 y1802 w252 h1dc\"><div class=\"t m0 x5e h7 y509 ff4 fs2 fc1 sc0 ls0 ws0\">3.348.853 </div></td><td class=\"c x259 y1802 w253 h1dc\"><div class=\"t m0 x5e h7 y509 ff4 fs2 fc1 sc0 ls0 ws0\">4.103.040 </div></td></tr><tr><td class=\"c x1e9 y1803 w251 h20c\"><div class=\"t m0 x43 h7 y29a ff4 fs2 fc1 sc0 ls0 ws0\">Debiti v.so fornitori EXTRA-CEE </div></td><td class=\"c x258 y1803 w252 h20c\"><div class=\"t m0 x5e h7 y322 ff4 fs2 fc1 sc0 ls0 ws0\">1.345.550 </div></td><td class=\"c x259 y1803 w253 h20c\"><div class=\"t m0 x5e h7 y322 ff4 fs2 fc1 sc0 ls0 ws0\">1.148.117 </div></td></tr><tr><td class=\"c x1e9 y1804 w251 h20c\"><div class=\"t m0 x43 h35 y29a ff5 fs2 fc1 sc0 ls0 ws0\">Totale debiti commerciali </div></td><td class=\"c x258 y1804 w252 h20c\"><div class=\"t m0 x1b h35 y322 ff5 fs2 fc1 sc0 ls0 ws0\">36.351.971 </div></td><td class=\"c x259 y1804 w253 h20c\"><div class=\"t m0 x1b h35 y322 ff5 fs2 fc1 sc0 ls0 ws0\">36.555.143 </div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-317": {
   "value": "Altre passivit<span class=\"_ _0\"></span>\u00e0 correnti Il <span class=\"_ _0\"></span>totale <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>altre <span class=\"_ _3\"></span>passiv<span class=\"_ _0\"></span>it\u00e0 <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>renti <span class=\"_ _3\"></span>al <span class=\"_ _0\"></span>31<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>dicembr<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>202<span class=\"_ _0\"></span>5 <span class=\"_ _0\"></span>sono <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>ad <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ls3\">16.754.939</span>, <span class=\"_ _3\"></span>contro <span class=\"_ _3\"></span>gli <span class=\"_ _3\"></span>Euro<span class=\"_ _0\"></span> <span class=\"_ _3\"></span><span class=\"ls3\">15.201.547</span> <span class=\"_ _0\"></span>al <span class=\"_ _3\"></span>31 <span class=\"_ _3\"></span>dicembre<span class=\"_ _0\"></span> 202<span class=\"ls0\">4, e sono cos\u00ec di seguito sudd<span class=\"_ _0\"></span>ivise:<span class=\"_ _0\"></span> </span><table class=\"s w37e h2ae\" id=\"_333fe300-a3b1-4cae-8923-cc7a957d46d9\"><tr><td class=\"c x195 y1809 w256 h1e9\"><div class=\"t m0 x2b hb3 y31b ff3 fs2 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0) </div></td><td class=\"c x24b y1809 w15f h1e9\"><div class=\"t m0 x96 h35 y326 ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2025 </div></td><td class=\"c x25b y1809 w257 h1e9\"><div class=\"t m0 x96 h35 y31b ff5 fs2 fc1 sc0 ls0 ws0\">31 dicembre 2024 </div></td></tr><tr><td class=\"c x195 y180a w256 h1e9\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Altri debiti </div></td><td class=\"c x24b y180a w15f h1e9\"><div class=\"t m0 x4b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">1.175.143 </div></td><td class=\"c x25b y180a w257 h1e9\"><div class=\"t m0 x40 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.506.996  </div></td></tr><tr><td class=\"c x195 y180b w256 h1e9\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Anticipi da clienti </div></td><td class=\"c x24b y180b w15f h1e9\"><div class=\"t m0 xf h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">58.550 </div></td><td class=\"c x25b y180b w257 h1e9\"><div class=\"t m0 x47 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 301.223  </div></td></tr><tr><td class=\"c x195 y180c w256 h20b\"><div class=\"t m0 x2b h7 y28e ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per ritenute su lavoro autonomo </div></td><td class=\"c x24b y180c w15f h20b\"><div class=\"t m0 xf h7 y28e ff4 fs2 fc1 sc0 ls0 ws0\">11.788 </div></td><td class=\"c x25b y180c w257 h20b\"><div class=\"t m0 x3f h7 y28e ff4 fs2 fc1 sc0 ls0 ws0\"> 47.850  </div></td></tr><tr><td class=\"c x195 y180d w256 h1e9\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti per ritenute su lavoro dipendente </div></td><td class=\"c x24b y180d w15f h1e9\"><div class=\"t m0 x4b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">1.129.729 </div></td><td class=\"c x25b y180d w257 h1e9\"><div class=\"t m0 x40 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 1.019.689  </div></td></tr><tr><td class=\"c x195 y180e w256 hc\"><div class=\"t m0 x2b h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso dipendenti per stipendi, premi di produzione e rateo 13\u00b0, 14\u00b0 ferie </div></td><td class=\"c x24b y180e w15f hc\"><div class=\"t m0 x4b h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\">5.611.455 </div></td><td class=\"c x25b y180e w257 hc\"><div class=\"t m0 x40 h7 y328 ff4 fs2 fc1 sc0 ls0 ws0\"> 5.150.974  </div></td></tr><tr><td class=\"c x195 y180f w256 h200\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Debiti verso istituti di previdenza e sicurezza sociale </div></td><td class=\"c x24b y180f w15f h200\"><div class=\"t m0 x4b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">3.617.155 </div></td><td class=\"c x25b y180f w257 h200\"><div class=\"t m0 x40 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.282.460  </div></td></tr><tr><td class=\"c x195 y1810 w256 h1e9\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Erario per imposta sostitutiva TFR </div></td><td class=\"c x24b y1810 w15f h1e9\"><div class=\"t m0 x8f h7 y326 ff4 fs2 fc1 sc0 ls13 ws0\">150<span class=\"ls0\"> </span></div></td><td class=\"c x25b y1810 w257 h1e9\"><div class=\"t m0 x41 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> <span class=\"ls13\">612 </span> </div></td></tr><tr><td class=\"c x195 y1811 w256 h1e9\"><div class=\"t m0 x2b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">Ratei e risconti passivi </div></td><td class=\"c x24b y1811 w15f h1e9\"><div class=\"t m0 x4b h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\">5.150.969 </div></td><td class=\"c x25b y1811 w257 h1e9\"><div class=\"t m0 x40 h7 y326 ff4 fs2 fc1 sc0 ls0 ws0\"> 3.891.744  </div></td></tr><tr><td class=\"c x195 y1812 w256 h1e9\"><div class=\"t m0 x2b h35 y326 ff5 fs2 fc1 sc0 ls0 ws0\">Totale altre passivit\u00e0 e debiti diversi correnti </div></td><td class=\"c x24b y1812 w15f h1e9\"><div class=\"t m0 x2f h35 y326 ff5 fs2 fc1 sc0 ls0 ws0\"> 16.754.939  </div></td><td class=\"c x25b y1812 w257 h1e9\"><div class=\"t m0 x2f h35 y326 ff5 fs2 fc1 sc0 ls0 ws0\"> 15.201.547  </div></td></tr></table>La <span class=\"_ _0\"></span>voce <span class=\"_ _0\"></span>altr<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>debiti <span class=\"_ _3\"></span>include <span class=\"_ _3\"></span>principalmente <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _0\"></span>la <span class=\"_ _3\"></span>societ\u00e0 <span class=\"_ _0\"></span>di<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>assicurazione<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>debiti <span class=\"_ _3\"></span>verso <span class=\"_ _0\"></span>gli <span class=\"_ _3\"></span>amministrato<span class=\"_ _0\"></span>ri <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>com<span class=\"_ _0\"></span>pensi <span class=\"_ _0\"></span>non pagati (inclusi i bonus di <span class=\"_ _0\"></span>compete<span class=\"_ _0\"></span>nza). La <span class=\"_ _0\"></span>voce <span class=\"_ _0\"></span>ratei <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>risconti <span class=\"_ _0\"></span>passivi <span class=\"_ _0\"></span>accoglie <span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>risconti <span class=\"_ _0\"></span>afferenti <span class=\"_ _0\"></span>i<span class=\"_ _0\"></span> <span class=\"_ _0\"></span><span class=\"ff6\">crediti <span class=\"_ _0\"></span>d\u2019imp<span class=\"_ _0\"></span>osta <span class=\"_ _0\"></span>per <span class=\"_ _0\"></span>investimenti <span class=\"_ _0\"></span>in <span class=\"_ _0\"></span>beni <span class=\"_ _0\"></span>strumen<span class=\"_ _0\"></span>tali al <span class=\"_ _0\"></span>fine <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>linear<span class=\"_ _0\"></span>izzare </span>gli stessi <span class=\"_ _2\"></span>lungo la <span class=\"_ _2\"></span>vita utile delle <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>elative immobilizzazioni<span class=\"_ _0\"></span> nonch\u00e9 i <span class=\"_ _8\"></span>r<span class=\"_ _0\"></span>isconti passivi di <span class=\"_ _2\"></span>ricavi gi\u00e0 fatturati ma <span class=\"_ _8\"></span>di competen<span class=\"_ _0\"></span>za degli <span class=\"_ _2\"></span>esercizi<span class=\"_ _0\"></span> successivi.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-315": {
   "value": "mpegni e g<span class=\"_ _0\"></span>aranzie  <table class=\"s w37f h2af\" id=\"_b2663099-a546-4f26-ba85-0f0099755f3d\"><tr><td></td><td class=\"c x1ff y1813 w259 h39\"><div class=\"t m0 x93 h35 y50c ff5 fs2 fc1 sc0 ls0 ws0\">Importo </div></td></tr><tr><td class=\"c x195 y1814 w258 h169\"><div class=\"t m0 x2b h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">Garanzie </div></td><td class=\"c x1ff y1814 w259 h169\"><div class=\"t m0 x8b h35 y39 ff5 fs2 fc1 sc0 ls0 ws0\">25.000.000 </div></td></tr><tr><td class=\"c x195 y1815 w258 h20e\"><div class=\"t m0 x2b h7 ya78 ff4 fs2 fc1 sc0 ls0 ws0\">di cui reali (Ipoteca sul compendio Imm. di Verdellino a favore di Mediocredito) </div></td><td class=\"c x1ff y1815 w259 h20e\"><div class=\"t m0 x8b h7 ya78 ff4 fs2 fc1 sc0 ls0 ws0\">25.000.000 </div></td></tr><tr><td class=\"c x195 y1816 w258 h20e\"><div class=\"t m0 x2b h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\">Fideiussioni </div></td><td class=\"c x1ff y1816 w259 h20e\"><div class=\"t m0 x135 h35 y320 ff5 fs2 fc1 sc0 ls0 ws0\">41.000 </div></td></tr></table>Per la controllata Fine Cosm<span class=\"_ _0\"></span>etics <span class=\"_ _0\"></span>non si segnalano impegni e g<span class=\"_ _0\"></span>aranzie.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-314": {
   "value": "Passivit\u00e0 poten<span class=\"_ _0\"></span>ziali Alla data <span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>i <span class=\"_ _0\"></span>redazione <span class=\"_ _0\"></span>del <span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>esente <span class=\"_ _0\"></span>documento <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>vi <span class=\"_ _0\"></span>sono <span class=\"_ _0\"></span>passivi<span class=\"_ _0\"></span>t\u00e0 <span class=\"_ _0\"></span>ancorch\u00e9 <span class=\"_ _0\"></span>potenziali <span class=\"_ _0\"></span>da <span class=\"_ _0\"></span>riflette<span class=\"_ _0\"></span>re <span class=\"_ _0\"></span>nella <span class=\"_ _0\"></span>situaz<span class=\"_ _0\"></span>ione <span class=\"_ _0\"></span>finanz<span class=\"_ _3\"></span>iaria oppure da darne info<span class=\"_ _0\"></span>rmativa.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-316": {
   "value": "Sovvenzioni, con<span class=\"_ _0\"></span>tributi e simili<span class=\"_ _0\"></span> In <span class=\"_ _5\"></span>merito <span class=\"_ _9\"> </span>all'obbligo <span class=\"_ _5\"></span>di <span class=\"_ _9\"> </span>dare <span class=\"_ _5\"></span>evid<span class=\"_ _0\"></span>enza <span class=\"_ _5\"> </span>in <span class=\"_ _9\"> </span>Nota <span class=\"_ _5\"></span>Integrativa <span class=\"_ _9\"> </span>delle <span class=\"_ _9\"> </span>somme <span class=\"_ _5\"> </span>di <span class=\"_ _9\"> </span>denaro <span class=\"_ _9\"> </span>eventualmente <span class=\"_ _5\"></span>ricevute <span class=\"_ _9\"> </span>nell'esercizio <span class=\"_ _9\"> </span>a <span class=\"_ _5\"></span>tito<span class=\"_ _3\"></span>lo <span class=\"_ _5\"></span>di<span class=\"_ _0\"></span> sovvenzioni, <span class=\"_ _4\"></span>contr<span class=\"_ _0\"></span>ibuti, <span class=\"_ _4\"></span>incarichi <span class=\"_ _5\"></span>retribuiti <span class=\"_ _4\"></span>e <span class=\"_ _4\"></span>com<span class=\"_ _0\"></span>unque <span class=\"_ _4\"></span>vantaggi <span class=\"_ _4\"></span>e<span class=\"_ _0\"></span>conomici <span class=\"_ _4\"></span>di <span class=\"_ _4\"></span>qualunqu<span class=\"_ _0\"></span>e <span class=\"_ _4\"></span>genere <span class=\"_ _5\"></span>dalle <span class=\"_ _4\"></span>pubb<span class=\"_ _0\"></span>liche <span class=\"_ _4\"></span>amministrazio<span class=\"_ _3\"></span>ni, <span class=\"_ _5\"></span>il Gruppo non ha nulla da se<span class=\"_ _0\"></span>gnalare<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
   }
  },
  "fact-318": {
   "value": "Informazioni su<span class=\"_ _0\"></span>lle operazioni con par<span class=\"_ _0\"></span>ti correlate Ad <span class=\"_ _0\"></span>eccezione <span class=\"_ _3\"></span>dei <span class=\"_ _0\"></span>compen<span class=\"_ _0\"></span>si <span class=\"_ _0\"></span>agli<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ministratori <span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>a <span class=\"_ _0\"></span>determ<span class=\"_ _0\"></span>inate <span class=\"_ _0\"></span>cate<span class=\"_ _0\"></span>gorie <span class=\"_ _0\"></span>di <span class=\"_ _3\"></span>dipendenti<span class=\"_ _0\"></span><span class=\"ls4\">, <span class=\"_ _3\"></span></span>la <span class=\"_ _0\"></span>So<span class=\"_ _0\"></span>ciet\u00e0 <span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>n <span class=\"_ _0\"></span>ha <span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sto <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>essere <span class=\"_ _0\"></span>nel <span class=\"_ _3\"></span>cors<span class=\"_ _0\"></span>o del 2024 operazioni i con <span class=\"_ _0\"></span>parti correlat<span class=\"_ _0\"></span>e non concluse a normali co<span class=\"_ _0\"></span>ndizioni di mercato. <span class=\"_ _3\"></span> <table class=\"s w380 h2b0\" id=\"_855bc2ff-2ce9-481f-be60-1de8dc3494cc\"><tr><td class=\"c x195 y1817 w25a h39\"><div class=\"t m0 x2b h2 y55d ff3 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x1be y1817 w25b h39\"><div class=\"t m0 x57 h5 y55d ff5 fs0 fc1 sc0 ls0 ws0\">31 dicembr<span class=\"_ _0\"></span>e 2025 </div></td></tr><tr><td class=\"c x195 y1818 w25a h1b8\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Compensi ad amministrator<span class=\"_ _0\"></span>i </div></td><td class=\"c x1be y1818 w25b h1b8\"><div class=\"t m0 x18 h4 y584 ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">993.717 </span> </div></td></tr><tr><td class=\"c x195 y1819 w25a h1b8\"><div class=\"t m0 x2b h4 y505 ff4 fs0 fc1 sc0 ls0 ws0\">Collegio Sindacale<span class=\"_ _0\"></span> </div></td><td class=\"c x1be y1819 w25b h1b8\"><div class=\"t m0 x18 h4 yddc ff4 fs0 fc1 sc0 ls0 ws0\"> <span class=\"ls3\">108.854 </span> </div></td></tr></table>Inoltre, si segnala che i compens<span class=\"_ _0\"></span>i alla r<span class=\"_ _0\"></span>evisione legale sono di seg<span class=\"_ _0\"></span>uito indicati:<span class=\"_ _3\"></span> <table class=\"s w381 h2b1\" id=\"_6e56791b-a017-4ec4-8c68-3a6464c6a612\"><tr><td class=\"c x195 y181a w25c h1f\"><div class=\"t m0 x2b h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">(Importi in euro unit\u00e0<span class=\"_ _0\"></span>) </div></td><td class=\"c x25c y181a w1b8 h1f\"><div class=\"t m0 x58 h5 y27c ff5 fs0 fc1 sc0 ls3 ws0\">31<span class=\"ls0\">-dic-25</span><span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y181b w382 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Corrispettivi dell<span class=\"_ _0\"></span>a Societ\u00e0 di revision<span class=\"_ _0\"></span>e per la<span class=\"_ _75\"> </span></div></td><td class=\"c x25c y181c w1b8 hb7\"><div class=\"t m0 x90 h5 y31a ff5 fs0 fc1 sc0 ls3 ws0\">118.130<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y181d w383 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">prestazione s<span class=\"_ _0\"></span>ervizi di revisione<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y181e w25c h1f\"><div class=\"t m0 xb1 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">alla capogruppo </div></td><td class=\"c x25c y181e w1b8 h1f\"><div class=\"t m0 x5d h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">89.400<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y181f w25c h1f\"><div class=\"t m0 x38 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">alle societ\u00e0 controllate<span class=\"_ _0\"></span> </div></td><td class=\"c x25c y181f w1b8 h1f\"><div class=\"t m0 x5d h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">28.730<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1820 w382 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">Corrispettivi dell<span class=\"_ _0\"></span>a Societ\u00e0 di revision<span class=\"_ _0\"></span>e per la<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x197 y1821 w384 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">prestazione s<span class=\"_ _0\"></span>ervizi di verifica finalizzati all'emiss<span class=\"_ _0\"></span>ione<span class=\"_ _75\"> </span></div></td><td class=\"c x25c y1822 w1b8 ha0\"><div class=\"t m0 x5d h5 y78a ff5 fs0 fc1 sc0 ls3 ws0\">73.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1823 w385 h283\"><div class=\"t m0 x196 h5 y15f5 ff5 fs0 fc1 sc0 ls0 ws0\">di un'attest<span class=\"_ _0\"></span>azione<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1824 w25c h1f\"><div class=\"t m0 xb1 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">alla capogruppo </div></td><td class=\"c x25c y1824 w1b8 h1f\"><div class=\"t m0 x5d h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">67.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x195 y1825 w25c h1f\"><div class=\"t m0 x38 h4 y27c ff4 fs0 fc1 sc0 ls0 ws0\">alle societ\u00e0 controllate<span class=\"_ _0\"></span> </div></td><td class=\"c x25c y1825 w1b8 h1f\"><div class=\"t m0 x60 h4 y27c ff4 fs0 fc1 sc0 ls3 ws0\">6.000<span class=\"ls0\"> </span></div></td></tr><tr><td class=\"c x197 y1826 w386 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">Corrispettivi dell<span class=\"_ _0\"></span>a Societ\u00e0 di revision<span class=\"_ _0\"></span>e per prestazion<span class=\"_ _0\"></span>e<span class=\"_ _75\"> </span></div></td><td class=\"c x25c y1827 w1b8 h1f4\"><div class=\"t m0 x49 h5 y792 ff5 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x197 y1828 w387 h282\"><div class=\"t m0 x196 h5 y1739 ff5 fs0 fc1 sc0 ls0 ws0\">di altri ser<span class=\"_ _0\"></span>vizi<span class=\"_ _75\"> </span></div></td><td></td></tr><tr><td class=\"c x195 y1829 w25c h1f\"><div class=\"t m0 xb1 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">alla capogruppo </div></td><td class=\"c x25c y1829 w1b8 h1f\"><div class=\"t m0 x49 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr><tr><td class=\"c x195 y182a w25c h1f\"><div class=\"t m0 x38 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">alle societ\u00e0 controllate<span class=\"_ _0\"></span> </div></td><td class=\"c x25c y182a w1b8 h1f\"><div class=\"t m0 x49 h4 y31b ff4 fs0 fc1 sc0 ls0 ws0\">- </div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-319": {
   "value": "Eventi successivi alla data d<span class=\"_ _2\"></span>i bilancio Non si segnalano event<span class=\"_ _0\"></span>i di rilievo occorsi success<span class=\"_ _0\"></span>ivamente alla chi<span class=\"_ _0\"></span>usura dell\u2019esercizio.<span class=\"_ _0\"></span><span class=\"ff4\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "fact-320": {
   "value": "Attestazione <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>bilancio <span class=\"_ _4\"></span>consolidato <span class=\"_ _4\"></span>al <span class=\"_ _4\"></span>31 <span class=\"_ _4\"></span>dicembre <span class=\"_ _4\"></span>2025 <span class=\"_ _4\"></span><span class=\"ffd\">ai <span class=\"_ _4\"></span>sensi <span class=\"_ _5\"></span>dell\u2019art. <span class=\"_ _4\"></span>81</span>-ter <span class=\"_ _4\"></span>del <span class=\"_ _4\"></span>Regolamento <span class=\"_ _4\"></span>Consob<span class=\"_ _2\"></span> <span class=\"_ _4\"></span>n. 11971 del 14 maggio 199<span class=\"_ _2\"></span>9 e successive modific<span class=\"_ _2\"></span>he e integrazioni I <span class=\"_ _3\"></span>sottoscritti<span class=\"ls4\">, <span class=\"_ _3\"></span></span>Pietro <span class=\"_ _3\"></span>Oriani<span class=\"_ _0\"></span>, <span class=\"_ _0\"></span>in <span class=\"_ _3\"></span>qua<span class=\"_ _0\"></span>lit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Amministrato<span class=\"_ _0\"></span>re <span class=\"_ _3\"></span>Delegato, <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>Pietro <span class=\"_ _3\"></span>Bassani, <span class=\"_ _3\"></span>in <span class=\"_ _3\"></span>qualit\u00e0 <span class=\"_ _3\"></span>di <span class=\"_ _0\"></span>Diri<span class=\"_ _0\"></span>gente <span class=\"_ _3\"></span>Preposto <span class=\"_ _3\"></span>alla <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>edazione dei <span class=\"_ _0\"></span>documenti <span class=\"_ _0\"></span>contabili<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>societari <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>Fine <span class=\"_ _0\"></span>Foods <span class=\"_ _3\"></span>&amp; <span class=\"_ _0\"></span>Pharmaceutical<span class=\"_ _0\"></span>s <span class=\"_ _0\"></span>N.T.M. <span class=\"_ _0\"></span>S.p.<span class=\"_ _0\"></span>A. atte<span class=\"_ _0\"></span>stano<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> ten<span class=\"_ _0\"></span>uto <span class=\"_ _3\"></span>anche <span class=\"_ _0\"></span>conto <span class=\"_ _0\"></span>di <span class=\"_ _0\"></span>quanto <span class=\"_ _0\"></span>previ<span class=\"_ _0\"></span>sto dall\u2019art. 154<span class=\"ff4\">-bis, com<span class=\"_ _0\"></span>mi 3 e 4, del de<span class=\"_ _0\"></span>creto legislativo 24 febbraio 19<span class=\"_ _0\"></span>98, n. 58<span class=\"_ _0\"></span>: </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019adeguatezza in relazione al<span class=\"_ _0\"></span>le caratter<span class=\"_ _0\"></span>istiche dell\u2019impresa e<span class=\"_ _0\"></span><span class=\"ff4\"> </span></span></span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">l\u2019effettiva <span class=\"_ _3\"></span>applicazione<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>delle <span class=\"_ _3\"></span>proc<span class=\"_ _0\"></span>edure <span class=\"_ _3\"></span>amm<span class=\"_ _0\"></span>inistrative <span class=\"_ _3\"></span>e <span class=\"_ _3\"></span>contabili <span class=\"_ _4\"></span>per <span class=\"_ _3\"></span>la <span class=\"_ _3\"></span>formazione <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>l <span class=\"_ _3\"></span>bilancio <span class=\"_ _3\"></span>consolidato, <span class=\"_ _4\"></span>nel <span class=\"_ _0\"></span>cor<span class=\"_ _0\"></span>so <span class=\"_ _3\"></span>del<span class=\"_ _3\"></span><span class=\"ff4\"> </span></span></span>periodo dal 1\u00b0 gennaio<span class=\"_ _0\"></span> al 31 dicembre 2<span class=\"_ _0\"></span>025.<span class=\"ff3\"> </span>Si<span class=\"ls0\"> <span class=\"_ _0\"></span>attesta<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>inoltre<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>che:<span class=\"_ _0\"></span> </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff4\">il Bilancio consolidato:<span class=\"_ _0\"></span> </span></span>a)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">\u00e8 <span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>edatto <span class=\"_ _3\"></span>in <span class=\"_ _0\"></span>confor<span class=\"_ _0\"></span>mit\u00e0 <span class=\"_ _3\"></span>ai <span class=\"_ _3\"></span>principi<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>contabili <span class=\"_ _3\"></span>internazionali<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>applicabi<span class=\"_ _0\"></span>li <span class=\"_ _3\"></span>riconosciuti<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>nella<span class=\"_ _0\"></span> <span class=\"_ _3\"></span>Comunit\u00e0 <span class=\"_ _3\"></span>europea<span class=\"_ _0\"></span> <span class=\"_ _0\"></span>ai <span class=\"_ _3\"></span>sens<span class=\"_ _0\"></span>i </span></span>del <span class=\"_ _9\"> </span>r<span class=\"_ _0\"></span>egolamento <span class=\"_ _7\"> </span>(CE) <span class=\"_ _7\"> </span>n. <span class=\"_ _9\"> </span>1606<span class=\"_ _0\"></span>/2002 <span class=\"_ _7\"> </span>del <span class=\"_ _7\"> </span>Parlamento <span class=\"_ _7\"> </span>europeo <span class=\"_ _7\"> </span>e  del <span class=\"_ _9\"> </span>Consiglio, <span class=\"_ _7\"> </span>del <span class=\"_ _7\"> </span>19 <span class=\"_ _7\"> </span>luglio <span class=\"_ _7\"> </span>2002 <span class=\"_ _7\"> </span>nonch\u00e9 <span class=\"_ _7\"> </span>ai provvedimenti emanati in <span class=\"_ _8\"></span>attuaz<span class=\"_ _0\"></span>ione<span class=\"_ _0\"></span> <span class=\"ff6\">dell\u2019art. <span class=\"_ _2\"></span>9 del <span class=\"_ _8\"></span>D.Lg<span class=\"_ _0\"></span>s. n. <span class=\"_ _2\"></span>38/2005<span class=\"_ _0\"></span><span class=\"ff4\"> e <span class=\"_ _8\"></span>al Regolamento Delegato (UE) n. <span class=\"_ _8\"></span>20<span class=\"_ _0\"></span>19/815 </span></span>del 17 dicembre 2018 d<span class=\"_ _0\"></span>ella Commissione (<span class=\"_ _0\"></span>in breve \u201cRegolamento <span class=\"_ _0\"></span>ESEF\u201d<span class=\"_ _0\"></span><span class=\"ff4\">); </span>b)<span class=\"ff9 ls0\"> <span class=\"_ _1f\"> </span><span class=\"ff4\">corrisponde alle risultanze dei l<span class=\"_ _0\"></span>ibri e delle scritture co<span class=\"_ _0\"></span>ntabil<span class=\"ls7\">i;<span class=\"_ _0\"></span></span> </span></span>c)<span class=\"ff9 ls0\"> <span class=\"_ _20\"> </span><span class=\"ff4\">\u00e8 idoneo a fornire u<span class=\"_ _0\"></span>na rappresentazione veritiera e cor<span class=\"_ _0\"></span>retta della situazione patr<span class=\"_ _0\"></span>imoniale, economica e <span class=\"_ _3\"></span><span class=\"ls4\">fi</span>nanziaria </span></span>dell\u2019emittente e dell\u2019insiem<span class=\"_ _0\"></span>e delle imprese incluse<span class=\"_ _0\"></span> nel consolidame<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span><span class=\"ff4\">. </span>\u2022<span class=\"ff9\"> <span class=\"_ _11\"> </span><span class=\"ff6\">La <span class=\"_ _5\"></span>relazione <span class=\"_ _5\"></span>sulla <span class=\"_ _5\"></span>gestione <span class=\"_ _5\"> </span>com<span class=\"_ _0\"></span>prende <span class=\"_ _9\"> </span>un\u2019analisi <span class=\"_ _4\"></span>attendibile <span class=\"_ _9\"> </span>dell\u2019andamento <span class=\"_ _5\"></span>e <span class=\"_ _5\"></span>del <span class=\"_ _5\"></span>risultato<span class=\"_ _0\"></span> <span class=\"_ _5\"></span>della <span class=\"_ _5\"></span>gestione, <span class=\"_ _5\"></span>nonch\u00e9 <span class=\"_ _5\"> </span>della </span></span>situazione <span class=\"_ _0\"></span>dell\u2019emittente <span class=\"_ _0\"></span>e <span class=\"_ _0\"></span>dell\u2019ins<span class=\"_ _0\"></span>ieme <span class=\"_ _0\"></span>delle <span class=\"_ _0\"></span>imprese <span class=\"_ _0\"></span>incluse <span class=\"_ _0\"></span>nel <span class=\"_ _0\"></span>consolidamen<span class=\"_ _0\"></span>to, <span class=\"_ _0\"></span>unitamente <span class=\"_ _0\"></span>alla <span class=\"_ _0\"></span>descrizione <span class=\"_ _0\"></span>dei <span class=\"_ _0\"></span>principali<span class=\"_ _3\"></span><span class=\"ff4\"> </span>rischi e incertezze cui <span class=\"_ _0\"></span>sono esposti<span class=\"_ _0\"></span>. Ver<span class=\"_ _0\"></span>dellin<span class=\"_ _0\"></span>o-<span class=\"_ _0\"></span>Zing<span class=\"_ _0\"></span>onia, <span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>2 m<span class=\"_ _0\"></span>arzo <span class=\"_ _0\"></span>202<span class=\"_ _0\"></span>6<span class=\"_ _75\"> </span>L\u2019Amministr<span class=\"_ _0\"></span>atore Delegato<span class=\"ff5\"> </span>Pietro Oriani Il Dirigente Prep<span class=\"_ _0\"></span>osto  alla redazion<span class=\"_ _0\"></span>e dei documenti<span class=\"_ _0\"></span>  contabili so<span class=\"_ _0\"></span>cietari<span class=\"ff4\"> </span>Pietro Bassani<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "it",
    "entity": "scheme:8156009111DEE8553765",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  }
 }
}