| INDEX | 2 |
| LETTER FROM THE CHAIRMAN | 4 |
| LETTER FROM THE CHIEF EXECUTIVE OFFICER. Giusseppe Tringali | 6 |
| LETTER FROM THECHIEF EXECUTIVE OFFICER. Paolo Vasile | 7 |
| KEY PERFORMANCE INDICATORS | 8 |
| OUR GROUP | 10 |
| OUR BUSINESS | 18 |
| OUR CHANNELS | 76 |
| OUR FILMS | 106 |
| OUR ADVERTISING | 110 |
| OUR TEAM | 114 |
| OUR ENVIRONMENTAL MANAGEMENT | 140 |
| OUR CR REPORT | 148 |