Consolidated Financial Statements of the F.I.L.A. Group
Separate Financial Statements of F.I.L.A. S.p.A.
51
Corporate Governance
For further information on corporate governance, reference should be made to the Corporate
Governance and Ownership Structure Report, prepared in accordance with Article 123-bis of the
CFA, approved by the Board of Directors of the Company, together with the Directors’ Report made
available by the Company at the registered office of the Company, as well as on the Group website
(
www.filagroup.it
- Governance section).
The disclosure pursuant to paragraphs 1 and 2 of Article 123-bis of Legislative Decree No. 58/1998 is
contained in the “Corporate Governance and Ownership Structure Report” and the “Remuneration
Report”, prepared in accordance with Article 123-ter of Legislative Decree No. 58/1998; both these
reports, approved by the Board of Directors, are published in accordance with the terms required by
regulations on the website of the
Company
www.filagroup.it
.
Disclosures pursuant to Articles 70 and 71 of the Consob regulation 11971/1999.
With effect from October 21, 2013, the Board of Directors of Space S.p.A. (now F.I.L.A. S.p.A.), in
relation to the provisions of Articles 70, paragraph 8 and 71 and paragraph 1-
bis of Consob
Regulation No. 11971/1999 and subsequent amendments, opted for the exemption
from publication of
disclosure documents established under the above-stated Consob regulation in the case of significant
mergers, spin-offs, share capital increases through
conferment of assets in kind, acquisitions and sales.
The following table outlines the total emoluments recognised to members of the Board of Directors
and the Board of Statutory Auditors for offices held at F.I.L.A. S.p.A., in addition to remuneration of
any nature, in the case of “performance bonuses and one-off remuneration” received in 2016.
Euro thousands
Emoluments for Office
Other Remuneration
(Bonus)
Directors
1,466
1,829
Statutory Auditors
76
-
Total amount
1,542
1,829
For further information, reference should be made to the Remuneration Report published on the
website
of the company
www.filagroup.it
.
The Shareholders’ Meeting of F.I.L.A. S.p.A. approved on January 14, 2015 the appointment of
KPMG S.p.A. for the years 2015-2023 for the auditing duties as per Article 2409-ter of the Civil Code
Consolidated Financial Statements of the F.I.L.A. Group
Separate Financial Statements of F.I.L.A. S.p.A.
52
and the audit of the financial statements of F.I.L.A. S.p.A. and the consolidated financial statements
of the F.I.L.A. Group.
Reconciliation between Parent and Consolidated Equity and Result
Euro thousands
Equity December 31,
2015
Equity changes
Net Result
2016
Equity December 31,
2016
F.I.L.A. S.p.A. Financial Statements
131,320
19,095
11,426
161,840
Consolidation effect of the financial statements of subsidiaries
56,819
(2,842)
9,567
63,544
Translation Reserve
(379)
(10,525)
(10,904)
F.I.L.A. Group Consolidated Financial Statements
187,760
5,728
20,993
214,480
Non-controlling interest equity
23,967
(457)
979
24,489
Consolidated Financial Statements
211,727
5,271
21,972
238,970