Equitalia Giustizia, Court of Auditors finds missed target for the disposal of arrears

Equitalia Giustizia Court of Auditors finds missed target for the

(Finance) – The Court of Auditors approved the report on 2019 management of Equitalia Giustizia, a joint-stock company controlled by the Mef and an in-house subject of the Ministry of Justice. The company manages the Single Fund for Justice and, based on an agreement with the Ministry of Justice, justice credits amounting to 15.20 million in 2019.

The year closed with a profit of 283,709 euros (36,359 euros in 2018), while the value of production amounted to 21,485,440 euros, an increase of 39,220 euros on 2018. Shareholders’ equity, equal to 12.3 million euros , shows a slight increase compared to 2018 (+ 2.36%). Cash and cash equivalents also increased by € 3.96 million to € 23.2 million.

The objectives of disposal of arrears – observes the Court – not They were fully achieved. In the same year, the flow of “notes” to be processed in input it is not stabilizedas it is 26% higher than 2018. And they increased again in 2021 to 521,797 euros, 6% more than in 2020 (491,207 euros).

The company has achieved the specific goal of cost containment, and, in 2021, it restructured the organization chart, to ensure the rotation of managers and managers. However, this reorganization plan has not yet been implemented. The Court points out, in this regard, the advisability of enter an intermediate management position between the CEO and the holders of functions of his direct collaboration, to allow him to carry out his duties in full and to ensure the aforementioned rotation.

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