PARENT COMPANY >
FINANCIAL STATEMENTS AND EXPLANATORY NOTES
326
| 2012 annual report prysmian group
These amount to Euro 55,730 thousand, compared with Euro
41,451 thousand in the prior year, and refer to revenue from
charges by Prysmian S.p.A., under specific contracts, to its sub-
holding company Prysmian Cavi e Sistemi S.r.l. for coordination
activities and services provided by headquarters functions
to Group companies. The significant increase is due to the
extension of these charges to former Draka Group companies
after transferring its headquarters functions to the Company
along with the associated costs.
This amounts to Euro 55,308 thousand, compared with Euro 50,232 thousand in 2011, and is detailed as follows:
These amount to Euro 2,017 thousand (Euro 786 thousand in 2011) and include purchases of fuel and other materials.
Royalties refer to amounts charged to the subsidiary
Prysmian Cavi e Sistemi S.r.l. (Euro 40,562 thousand) and to
other companies outside the Group (Euro 209 thousand) for
the use of patents and know-how.
Other services refer to amounts charged to Prysmian Financial
Services Ireland Ltd., an Irish special purpose company, for
services rendered in relation to the receivables securitization
programme.
Rental income refers to the recharge to Group companies of
rent for the Company’s office building, based on the space
used by each of them.
Other income refers to sundry types of income and expense
recharges.
12. REVENUE FROM SALES AND SERVICES
13. OTHER INCOME
14. RAWMATERIALS AND CONSUMABLES USED
(in thousands of Euro)
2012
2011
Royalties
40,771
34,442
Other services
1,001
1,176
Rental income
1,155
1,149
Insurance reimbursements and indemnities
19
109
Other income
12,012
13,356
Non-recurring other income:
Special project income
350
-
Total other income
12,362
13,356
Total
55,308
50,232
