Optimum Territorial Area, established by art. 23 of the Italian Ronchi Decree. Its purpose is to ensure unitary management of municipal waste and prepare waste plans, working together with the municipalities.
Accounting practice that permits a sub-division of the cost of a fixed asset over a shorter period than normal, in order to obtain fiscal benefits.
Scraps coming from building demolitions.
Material obtained from smelting a metal with one or more chemical elements
silvery white metal that is pliable and lightweight and made industrially from bauxite.
Sub-division of the value of an asset over a period of time. Costs to be amortised are defined as those still to be attributed to the income statement, amortised costs those already charged to the income statement in previous years, amortisation quota the quota attributable to each period generally equal to one year, and accumulated amortisation the sum of the amortisation quotas.
Repayment through equal periodic payments of sums of money over a period of time, each of which refunds a quota of the total capital and the interest due, until the extinction of the payable.
The calculation of the amortisation quota is normally made under the straight-line method, dividing the cost of the asset equally over the useful life of the asset.
The duration of the useful life of the asset principally depends on:
Term used in the Investor Relations to indicate the studies or research made by the financial analysts on listed companies.
This means that the supply is made through asingle meter which distributes water to several properties, including with different intended uses. The contract is usually in the name of the manager of the block of flats that they are responsible for.
Type of filamentous, flexible mineral used for manufacturing fabrics, clothing and protective items that are fire-retardant. Eternit was made by mixing it with cement. Since it is a material dangerous for health, its use has been forbidden for several years.
Any goods (tangible or intangible), receivable or right held by an individual or by a company that can be attributed a monetary value.
Company that audits the financial statements. Consob supervises the activities performed by the firms listed in the special register, in order to control their independence and technical adequacy.
In the year of control, Consob can:
An independent authority instituted by Italian law no. 481 of 14 November 1995 with responsibility for regulation, control and promotion of competition in the electrical and gas energy sectors.