(Finance) – The Board of Directors of Brioschi approved the 2021 financial statements which highlights consolidated revenues down by approximately 1.1 million euros, going from 14.1 million euros at 31 December 2020 to 13 million euros at 31 December 2021. The reduction in revenues deriving from
sale of goods properties (1.8 million euros) – explains the company in the note of the accounts – was only partially offset by the increase in revenues from the Energy sector (0.8 million euros).
The gross operating margin consolidated at 31 December 2021 is negative by 2.1 million euros compared to 1.2 million euros at 31 December 2020.
The overall result attributable to the Groupnegative of 7.7 million euros, reflects positive components recorded directly in equity equal to 2.1 million euros relating to the valuation of hedging derivatives.
There net financial position at 31 December 2021 it was 221.3 million euros compared to 177.6 million euros at 31 December 2020. The increase is mainly attributable to the financing of the construction costs of the “U1” and “U3” properties in Milanofiori Nord (43.2 million euros).
The board of directors also resolved to call the shareholders’ meeting on 19 May 2022 to discuss and resolve on the financial statements as at 31 December 2021 and on the allocation of the result for the year, on the consensual early termination of the audit assignment assigned to PricewaterhouseCooper and , consequently on the appointment of a new statutory auditor, on the remuneration policies and on the remuneration paid in 2021 while, in the extraordinary session, on some slight amendments to the bylaws to take into account the rules in force on the so-called “gender quotas”.