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5lvxowdwl do `lfhpeuh
Milano, 23 Aprile 2009 !"#$% ) !)* !" # $"% 7 8*- #!"#$#/ * ( + !"#$ 0+,."##1!%%"' "" * ) !"#$ &' &(& & &&' &&& ,"2+ 3.425+/#*6 GALANTE GALANTE S.A. S.A. +,-#. & !"#$.+ ' $ !( ",,-#. "++ !"#$%-** ) !"#$%$* ( ( ( !"#$ $+/# $+/# #"$5 -#!,-#../. , + , "(+ , %(#4 , - , !#4 , - , ' , ')4 , ). , 2//3 , - , +45"( , !6+ , /.+ , 1!) , /.. , ' , 0% , ' , '" , 1 , + , ) 6 26 -8 *** $+/#-#!,-#../. ) !9 $+/##"$5 ) ** 2 % $* )*) (: )* ( &: )* 9 : )* - : Dati di Divisione al lordo del Consolidamento !"#$%* !" #$ %& '$($ 2 ;0 !+//.< & ' 2'3 % 2)!3 & 2)3 2+ 3 '( &8 ' % % & , ) ' 6 ) ! 6 " 76 /8 9 76 & 76 + ; .< * . ; , /!# < : +--!' + "-!' + ) + + !) )$$* # # ' ".$ (&= +, =( +, #8! ((= +, = + , #8! '=( + , = +, +/#"//5"/#!! ;'=< - +, ;='< - +, -+!# ;=< -+, ;=< -+, 2!,#/#!!+ '=' +, = +, # ' .!,#/$#!!+ '= (= ./$@=: ./$ !"-+/+/#!!+ = (= /@=&: / +5+/#//#!! = =( /A=: / +"!+,+,$+" &= '&= 8.1,+@(=: 8.1,+ # ' />#8! =&? =? />!"-+/+/#!!+ =? =&? ' & (' #/#/! ".$ @'=: #8!@=': #8! 2!,#@=: 2!,# @(=:)*B' )*B' 9). 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atrimonio Netto E<1 <<1 B B( B' B 1,2x 1,4x 0,9x 1,4x // = +6 +6$ : (: # = !"-+/+/#!!+ +5+/#//5/#!! )*) C>A '= =B< BF< CBA =: BB< = EF< (: # ;* * < : C;A (= EB< - + ': =: 2 . ': C<A ;F< & =: @A ;B< # CB< - 9: CF< >A : , : BA F< ( ' 6A Dati di Divisione al lordo del consolidamento della Capogruppo )*- ('= C@A "* : =F< C>A #* + : # ;* * < : (=& BF< CBA EF< =': C;A = =: ;F< C<A # -9: = : CF< : F< @A 2 . &: - + : &: , : >A ( ' ") #: Dati di Divisione al lordo del consolidamento della Capogruppo !) !)$*$ * /$#!-#/!"/.,#-+/+ L( ϭϰй ϭϬй ϴй L& ϲй L ϰй Ϯй L'& L(= L(= L= L&= L= G'<F<E< F : ϭϮй Ϭй ) * *** ."#.#/!#. " #.+/+-. I& * / !-+,+ **9 3 I& ! )3 ) *9)* *) AA *** /. "#-#/!+ 2-#/!+#, /$#!-#/! / "!"2!!2"# !2!!,#."##1 1** -#!"+ 9 -#!"+ / 82"N/!#".I /# ,2"-"#+"! 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M 8MP !)*= ** N $ = : ) ** S* * 9 0 .E ** " ** *1 EP !)%7 * ' ;<<@&+C< %-( ' 6)H 66 + %* !"!#.! .+-,#-#/!"#!3 #+". .+-,#-#/!"#!3 "++!!+>!#./+,+ ' % )* *M* * GALANTE S.A. .+-,#-#/!"#!3 +"!+,+ .,#/! +!#/5,#."#.!8"#$# +!#/5,#."#.!->, !#"-/# !)%7 * . ' '((;<<@ &+C= % 6( * * ;<<F !"!#.! .+-,#-#/!"#!3 #+". '+ *M3 .+-,#-#/!"#!3 "++!!+>!#./+,+ .+-,#-#/!"#!3 +"!+,+ .,#/! +!#/5,#."#.!8"#$# +!#/5,#."#.!->, !#"-/# !)%+ 6 G $ 6I<F "+#!!"+$!;L < !"#$ "+2J. O* *O* G $ 6I<F ,,+.5+/#82#!&; "< /( # $-) ! ' & + .' L6506 + # ' + #789 + 6 6 6 6 6 6 6 6 6 6 6 ,3"82!( ;<<@ *#9= * =+J*=M - &A L 82#! )"'(J L'& KC< 666* KB<6 !)+))F "$#" ".$;T<BAB * * ** * C B " . # " *M 99M = ,2!2"+ = : ' D@ B (= '=( .**) ) 99M = " *M 9 )M . * * 99 9 . * 9 * ;P .< ( ' ** ) %99J*9 1 E* 9M . * &'!% &('% &' % 9 + ' ,- #9 * &(' %% &(' %% 9 "#* &('"%) ,* 9 4 &('!% &('!% * # &(' %% &('"% I *9 * &.'$% * * %9 #?I8!+" 61(6 66.1(6 C@<<<< CE;< BE $!+" 6 ) 6 ;<F<E; B=A C;? 6 ?F>@B / )-!9* . ) ( #) " *. ! ")* 8;8 P*< -*) * *M M -()* * *.N * "' % !. ."A*** . . 0*%. #K - #K' - * F, - "#* - #K I *9 %/FE <= 39!9>7.:0 $: $ !:$: '$ ;6 <$ /FE - 9 +))F "$#" ".$;T<BAB * * ** * C B " . ") 9 ) > D B : = @ ,2!2"+ &= =& ) *9 *) > &= # = .6 .6 + * 9 ( " 7 ** ' ) 9** ) *9 !) !%?*$ +J*+ E '$ ' '=( 4 !# 4 " 4 @ '= !" #" " 4 $$ # &= 4& $#% 4& $%% 4& % 4& % &&=' $$% $%% %% $% $! &# # # # (= '= = &= (= '= (= &(= G&$ .+/!"82!+,,"+25+/#+#.#2/!+ "#+ #.2+ " / + / / + , 4 !" 2# **283 99 96 *R* **6 )6 *7 9* I3 120 ! , 8B 8 #42,8"+!"+-/#+#"! #!"+,+/#,-#+!#"-/# ,#" / #" $#/#5 "/ "4 G&$")' ! . 2' 99 *+#. 9* 99 8 9 G&$ %II $/!+.+-#!!$+ : " :* " ': 9 " :* * * 9 ./0 % ".+ #+!#"-.+ +,J !9 .) !9 ./03$3$ % *II P%9 %9* 2%9* 21%9* P%9* .%9 .M%9* $ %9* .%9 P%9 %9* .9%9 *%9* /M%(9* 9%9* #9P%9 +))F "$#" ".$;T<BAB ,2!2"+ 9 ) )* * II%!9 )) B " . 9 P C : (= @ D B = &= *II ** -O* FE # *M *9M .6 .6 *9 (=( '= ( ' 6 6 ) )%+ ( ' 9* 9* & 9* 9* "#/!/ "/.,.,#/! 1 << O% .0 O36$4 . 0 O 2%).0 $#/#52#, 1 << % 1 << %$ .+,+-8 1 << %$ #"2 1 << % )+))F "$#" ".$;T<BAB ,2!2"+ #)* ) * C B " . ** )9 9 II",,-#. : &= @ D B (=& (=( ) EFMF 33 M M .** ) # = (= * , ( ' ) *M ) 9M !) & %B ;T< <<< O 6 O 6 O 6 ' : ;FCF<@ ?F@@ =<E> & ;<?B?B =E@F ;@B? ' , E?E?=E EC<B?E 2EB<;;E3 2FB?E;3 C@><F (' ;;<>FE ;<@@@C 2;E>>=?3 2?><<B3 2CC>?;3 , .)***)6S#* ' & , 8* **)** );A< ;&< ;< , .!,#/$#!!+/#!!+ ' ( , ./ / ) * / (( @F<E (' ?<<C ( , - , !+!,#+/!//5-#/!+ ' ( , .S* O O' O+6 2O3 O2O3 O*2*3 01& .#%B <<< ".$!+!, 6 $,+"##,,"+25+/# ' >> (& >>' (( @;E=C C<@>B =<;?@ < ' @?@C<? ;><>E EF= '& >CE><? " $,+"#2/!+ ' C<B>= CB>F<B F?;< ( C;C=?E -"/#+#"!$+,+"+ A 2!,#+#"!$+ A ) P2"3 &P2)3 6 ) P2"3 * &2)3 * 2!,#"-#,,#-+!# 2!,##,#"++#"!/#/5#,"2+ ((' C=>A E;EF@ >E<@ '( CCFA 2C?C?>3 2C;=<3 < < &' EC@;< ;>FB '(( C=FA ;>BE; E>B; & C;BA 2CE>=;3 2BB;@3 < < ' ;@<?B ;<C; ' : +, +, +, + , +, + , , * '" + * 6 ( C=B 6 ; & ( 6 66 'O:2( M*N3 % Q * - 6 * (R - ( 6 66 S : )( ( ( - * 66 6 ( 6 )* "*! . *U) *U ) / *U * U) ) - *U * U) ) .* !)*)* !)*)*U U) ) 58