Annual Financial Report 30 06 2020 Report Financial Annual 30 062020
30 06 2020 ANNUAL FINANCIAL REPORT ANNUAL FINANCIAL REPORT 30 06 2020 REGISTERED OFFICE Via Druento 175, 10151 Turin Contact Center 899.999.897 Fax +39 011 51 19 214 SHARE CAPITAL FULLY PAID € 11,406,986.56 REGISTERED IN THE COMPANIES REGISTER Under no. 00470470014 - REA no. 394963 CONTENTS LETTER FROM THE CHAIRMAN 6 REPORT ON OPERATIONS 10 Board of Directors, Board of Statutory Auditors and Independent Auditors 13 Company Profile 14 Corporate Governance Report and Remuneration Report 21 Main risks and uncertainties to which Juventus is exposed 22 Significant events in the 2019/2020 financial year 27 Review of results for the 2019/2020 financial year 31 Significant events after 30 June 2020 36 Business outlook 38 Human resources and organisation 39 Responsible and sustainable approach: sustainability report 41 Other information 42 Proposal to approve the financial statements and cover losses for the year 43 FINANCIAL STATEMENTS AT 30 JUNE 2020 44 Statement of financial position 46 Income statement 49 Statement of comprehensive income 49 Statement of changes in shareholders’ equity 50 Statement of cash flows 51 Notes to the financial statements 54 ATTESTATION PURSUANT TO ARTICLE 154-BIS OF LEGISLATIVE DECREE NO. 58/98 109 BOARD OF STATUTORY AUDITORS’ REPORT 111 INDEPENDENT AUDITORS’ REPORT 126 ANNUAL FINANCIAL REPORT AT 30 06 20 5 LETTER FROM THE CHAIRMAN it is with a great sense of pride that I can give you this moniker for the ninth consecutive time. The football debate tends to quickly consume every news item, every game, every season, but it is important to stress that such a long streak of success is unprecedented in the top European leagues (Serie A, Premier League, La Liga, Bundesliga and Ligue1).
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