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The Benetton Group
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Guarantees given, commitments and other contingent liabilities

(thousands of Euro)

12.31.2009

Unsecured guarantees given:

- sureties

261,973

Commitments:

- purchase commitments

1,732

- sale commitments

1,181

Total commitments

2,913

Total

264,886

The sureties mostly refer to payment obligations given to guarantee VAT credits offset within the Group.

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Summary of main accounting standards and policies
Financial risk management
Capital management
Comments on the principal items in the statement of income
Statement of comprehensive income
Comments on the principal asset items
Comments on the principal items in shareholders’ equity and liabilities
Commentary on the statement of cash flows
Supplementary information
Other information
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Research cost
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Guarantees given, commitments and other contingent liabilities
Other commitments and rights
Contingent liabilities
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