Italiano
Preliminary information
Notice of Annual General Meeting
Corporate officers
Highlights - Consolidated figures
Group profile
Message from the CEO
Directors’ management report
Real estate market in 2006
The European real estate market
The Italian real estate market
Pirelli RE business model
Pirelli RE in 2006
Financial highlights
Review of operating results
Review of the balance sheet and financial position
Pirelli RE AUM and Pirelli RE NAV
Pirelli RE AUM
Pirelli RE NAV
Performance of the main business segments in 2006
Investment & Asset Management
Residential
Commercial
Non Performing Loan
Services
Subsequent events
Business outlook
Reconciliation between the parent company’s results and Net Equity and those of the Group
Other information
Corporate Governance
Equity investments held by directors, statutory auditors and general managers
Stock Option planes
Treasury shares
Group tax election
Organizational model under Decree 231/01 and Supervisory Board
Personal data and privacy protection
Co-ordination and direction activities
Social report
Economic responsibility
Environmental responsibility
Social responsibility
Resolutions
Appendices
Management reporting tables
Ethical code and code of conduct
Guidelines for compliance with the obligations under article 150.1 of Decree 58/1998
Guidelines for conducting transactions with related parties
Guidelines for handling and publishing price sensitive information
Rules for shareholders’ meetings
Pirelli & C. Real Estate Group
Consolidated balance sheet
Consolidated income statement
Consolidated cash flow statement
Statement of recognized income and expense
Notes to the consolidated financial statements
Accounting standards and policies
Newly issued international accounting standards or interpretations not yet effective or not yet approved by the European Union
Financial statement format
Consolidation area
Consolidation methods
Valuation policies
Financial risk management policies
Accounting estimates and assumptions
Information on the Balance Sheet and Income Statement
Segment information
Transactions with related parties
Supplementary Schedules
Details of net financial position
Structure of the Pirelli & C. Real Estate Group at December 31st, 2006
Annex 1: consolidation area
Remuneration paid to Directors, Statutory Auditors and General Managers
Independent auditors’ report
BUSINESS OUTLOOK
The growth in EBIT including net income from investments is expected to exceed the targets set in the 2006-2008 three-year plan (CAGR 10-15%) as from June of this year and for the year as a whole.
