Net Earnings: €25.5 Million
Turnover: €134.2 Million
Borsa Italiana Group (*)
Net Earnings: €30.4 Million
Turnover: €147.7 Million
The Board of Directors of Borsa Italiana SpA met today to examine and approve the provisional financial statements for year 2002, which reported net earnings of €25.5 million (€34 million in 2001) on turnover of €134.2 million (€140.4 in 2001).
The Board also examined and approved the provisional consolidated financial statements for 2002 which posted a net profit of €30.4 million (€39.4 million in 2001) on a turnover of €147.7 million (€152.5 million).
The consolidated results do not include figures deriving from Monte Titoli SpA's earnings and goodwill amortisation, which will be incorporated from January 1, 2003.
The provisional financial statements of the Parent Company and the Group will be submitted to the General Assembly of Shareholders convened for 29th April 2003 (1st call) and 30th April (2nd call) 2003.
Borsa Italiana SpA's total revenues (€134.2 million) comprise 52.5% from transaction fees, 20.7% from listing fees and 26.8% from other activities.
Despite the sharp decrease of volumes which affected the financial markets, these results have allowed Borsa Italiana's to keep on promoting and further developing its markets and to finalise its organisational and technological strengthening process.
(*): Borsa Italiana SpA, BIt Systems, Cassa di Compensazione e Garanzia, Piazza Affari Gestione e Servizi. -Monte Titoli SpA figures are not included-
