(Courtesy translation from Italian)
Cerved Group S.p.A.
Interim Report on Operations at 31 March 2021
CERVED GROUP S.P.A.
Index | ||
INTERIM REPORT ON OPERATIONS ................................................................................................................................................................................................ | 6 | |
1. | FOREWORD..................................................................................................................................................................................................................................... | 7 |
2. | ORGANISATIONAL PROFILE OF THE GROUP.................................................................................................................................................................... | 7 |
3. | RESULTS OF THE GROUP AT 31 MARCH 2021................................................................................................................................................................. | 9 |
4. | STATEMENT OF FINANCIAL POSITION OF THE CERVED GROUP ......................................................................................................................... | 15 |
5. | NET FINANCIAL DEBT OF THE CERVED GROUP ........................................................................................................................................................... | 16 |
6. | INFORMATION ON THE COVID-19 PHENOMENON .................................................................................................................................................. | 17 |
7. | SIGNIFICANT EVENTS OCCURRING DURING THE FIRST QUARTER..................................................................................................................... | 18 |
8. | SIGNIFICANT EVENTS OCCURRING AFTER THE END OF THE PERIOD ............................................................................................................... | 19 |
9. | BUSINESS PLAN OF THE CERVED GROUP 2021-2023 ............................................................................................................................................... | 19 |
10. | BUSINESS OUTLOOK AND FORECASTS OF THE GROUP'S ECONOMIC AND FINANCIAL PERFORMANCE........................................ | 22 |
11. | TREASURY SHARES ................................................................................................................................................................................................................... | 23 |
12. | PERFORMANCE SHARE PLAN............................................................................................................................................................................................... | 23 |
13. | CRITERIA FOR THE PREPARATION OF THE INTERIM REPORT ON OPERATIONS........................................................................................... | 25 |
14. | OVERVIEW OF THE ACCOUNTING STANDARDS.......................................................................................................................................................... | 25 |
15. | SCOPE OF CONSOLIDATION AND CONSOLIDATION CRITERIA ........................................................................................................................... | 26 |
16. | TRANSACTIONS WITH RELATED PARTIES....................................................................................................................................................................... | 27 |
17. | INFORMATION ABOUT THE "OPT OUT" ALTERNATIVE ............................................................................................................................................ | 27 |
FINANCIAL STATEMENTS ................................................................................................................................................................................................................. | 28 | |
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME......................................................................................................................................... | 29 | |
CONSOLIDATED STATEMENT OF FINANCIAL POSITION ................................................................................................................................................... | 30 | |
CONSOLIDATED STATEMENT OF CASH FLOWS .................................................................................................................................................................... | 31 | |
STATEMENT OF CHANGES IN CONSOLIDATED SHAREHOLDERS' EQUITY ................................................................................................................ | 32 | |
CERTIFICATION PURSUANT TO ARTICLE 154 BIS, SECTION 2, OF THE TUF............................................................................................................... | 33 |
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CERVED GROUP S.P.A.
COMPANY DATA
Parent Company's Registered Office
Cerved Group S.p.A.
Via Dell'Unione Europea 6A, 6B
San Donato Milanese (MI)
Parent Company's Statutory Data
Subscribed and paid-in share capital of 50,521,142.00 euros
Milan Company Register No. 08587760961
Milan R.E.A. No. 2035639
Tax I.D. and VAT No. 08587760961
Corporate website: company.cerved.com
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CERVED GROUP S.P.A.
COMPOSITION OF CORPORATE BODIES
Board of Directors1 | Gianandrea De Bernardis | Executive Chairperson |
Andrea Mignanelli | CEO | |
Andrea Casalini | Independent Director | |
Mara Anna Rita Caverni | Independent Director | |
Fabio Cerchiai | Director and Lead Independent Director | |
Sabrina Delle Curti | Director | |
Valentina Montanari | Independent Director | |
Umberto Carlo Maria Nicodano | Director | |
Mario Francesco Pitto | Independent Director | |
Aurelio Regina | Independent Director | |
Alessandra Stabilini | Independent Director | |
Control, Risk and Sustainability Committee | Alessandra Stabilini | Chairperson |
Mara Anna Rita Caverni | ||
Valentina Montanari | ||
Compensation and Nominating Committee | Aurelio Regina | Chairperson |
Umberto Carlo Maria Nicodano | ||
Fabio Cerchiai | ||
Valentina Montanari | ||
Related Party Committee | Andrea Casalini | Chairperson |
Umberto Carlo Maria Nicodano | ||
Marco Francesco Pitto | ||
Alessandra Stabilini | ||
Board of Statutory Auditors2 | Antonella Bientinesi | Chairperson |
Gilberto Comi | Standing Auditor | |
Costanza Bonelli | Standing Auditor | |
Paolo Baruffi | Alternate Auditor | |
Antonio Mele | Alternate Auditor | |
Independent Auditors | PricewaterhouseCoopers S.p.A. | |
Corporate Accounting Documents Officer3 | Francesca Perulli |
- Elected by the Shareholders' Meeting on 16 April 2019 for a term of office ending with the approval of the statutory financial statements at 31 December 2021.
- Elected by the Shareholders' Meeting on 20 May 2020 for a term of office ending with the approval of the statutory financial statements at 31 December 2022.
- Elected by the Board of Directors on 19 April 2019.
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CERVED GROUP S.P.A.
STRUCTURE OF THE GROUP
The diagram that follows depicts the structure of the Cerved Group at 31 March 2021:
*
*Galileo Vehicles: Galileo SPV 10 S.r.l., Galileo SPV 20 S.r.l., Galileo SPV 30 S.r.l., Galileo SPV 40 S.r.l., Galileo SPV 50 S.r.l., Galileo SPV 60 S.r.l., Galileo SPV 70 S.r.l., Galileo SPV 80 S.r.l., Galileo SPV 90 S.r.l., Galileo SPV 100 S.r.l..
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Cerved Information Solutions S.p.A. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 15:03:03 UTC.