Rollerblade

Relations with the Parent Company and its subsidiaries. The Benetton Group had limited job dealings with other subsidiaries of Edizione Holding S.p.A. [the Parent Company] and with other parties which, directly or indirectly, are linked by common interests with the majority Shareholder. Trading dealings with such parties are conducted on an arms-length basis and development the utmost transparency. other(a) costs mainly refer to function. The relevant joins appear below: [thousands of euro] 2002 2001 Accounts receivable 1,614 5,248 Accounts payable 867 199 Purchases of raw materials 3,725 3,599 Other costs and services 13,031 14,261 Sales of products 76 1,713 Revenue from services and other income 773 19,851 The Group has undertaken some transactions, mainly relating to manufacturing activities, with companies directly or indirectly controlled by, or in any case under the lure of, managers serving within the Group. The Companys management believes that such transactions were completed at going market rates. The total value of such transactions was not, in any case, significant in relation to the Groups total production value. No Director, Manager, or Shareholder is a debtor of the Group. integrated Governance.

at one time again in fiscal course of study 2002 the Benetton Group apply special attention to somatic Governance rules. It adopted the main innovations introduced during the year by the Code of Conduct for Listed Companies [Codice di Autodisciplina delle Società Quotate] and adapted the managerial and decision-making aspects of its organization systems accordingly. The Corporate Governance system, as described below, follows sound management and selective information principles, implemented through periodic review of the efficiency and effectiveness of the Corporate Governance rules. Ownership of the Company. As described more specifically under the section of the Directors report for the fiscal year 2002 authorise Ownership of the Company and based... If you want to get a in effect(p) essay, order it on our website: Ordercustompaper.com

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