1. GENERAL INFORMATION

Pirelli & C. S.p.A. is a corporation organised under the laws of the Republic of Italy. Founded in 1872 and listed on the Italian Stock Exchange, Pirelli & C. S.p.A. is a holding company that manages, coordinates and finances the operations of its subsidiaries.

At the reporting date, the Group’s operations are principally represented by the investment in Pirelli Tyre S.p.A. – a company operating in the tyre sector – with a 100% stake in its share capital. Other assets are represented by investments in:

  • Pirelli & C. Eco Technology S.p.A. – a company active in the field of emission reducing technologies – 100% stake in share capital;
  • Pirelli & C. Ambiente S.p.A. – a company operating in the field of renewable sources of energy – 100% stake in share capital.

The head office of the company is located in Milan, Italy.

Pursuant to Article 5(2) of Italian Legislative Decree 38 of February 28, 2005, these financial statements have been prepared using the euro as the functional currency, and all amounts have been rounded to the nearest thousand euro unless indicated otherwise.

The consolidated financial statements are audited by Reconta Ernst & Young S.p.A., pursuant to Article 159 of Italian Legislative Decree 58 of February 24, 1998, the Consob recommendation of February 20, 1997, and the shareholders’ meeting resolution of April 29, 2008, which engaged this accounting firm for the period 2008-2016.

On March 12, 2012, the consolidated financial statements have been authorised for issue by the Board of Directors.