Statement of financial position - Liabilities*

In euros  Notes  at 31.12.2012   at 31.12.2011 
C. Equity      
1. Share capital   442,198,240 442,198,240
2. Other reserves   749,712,904 766,874,399
3. Retained earnings   1,084,725,786 1,053,482,789
4. Interim dividend   (140,699,440) (160,799,360)
5. Profit for the year   463,233,414 453,587,554
Total Equity 20 2,599,170,904 2,555,343,622
D. Non-current liabilities      
1. Long-term loans 21 8,909,431,457 6,738,696,429
of which: related parties   500,000,000 500,000,000
2. Employee benefits 22 13,852,246 119,228,211
3. Provisions for risks and charges 23 121,777,188 142,222,950
4. Deferred tax liabilities 24 129,607,404 169,082,674
5. Non-current financial liabilities 21 141,201,714 111,425,992
6. Other non-current liabilities 25 210,527,428 129,109,886
of which: related parties   87,011,273 -
Total non-current liabilities   9,526,397,437 7,409,766,142
E. Current liabilities      
1. Short-term loans 21 249,742,964 181,311,199
of which: related parties   249,742,964 181,311,199
2. Current portion of long-term loans 21 69,366,487 59,689,067
3. Trade payables 26 2,270,679,950 2,047,720,626
of which: related parties   497,940,249 65,596,362
4. Tax liabilities 26 50,348,616 88,143,944
5. Current financial liabilities 21 75,281,960 40,114,622
of which: related parties   1,136,889 2,406,806
6. Other current liabilities 26 113,685,510 135,885,846
of which: related parties   2,498,985 3,962,547
Total current liabilities   2,829,105,487 2,552,865,304
TOTAL LIABILITIES AND EQUITY   14,954,673,828 12,517,975,068
* For FY 2011, the amounts include all related party transactions; for FY 2012, as envisaged in IAS 24R, the amounts relating to related parties as regards transactions between "government-related entities" refer to relations that have a significant impact on the results of Terna S.p.A.