XML 121 R108.htm IDEA: XBRL DOCUMENT v3.23.1
Equity-method investees - Summarised Statement of Financial Position and Profit or Loss of Joint Venture (Detail) - EUR (€)
€ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Disclosure of subsidiaries [line items]      
Current assets € 191,023 € 200,397  
Non-current assets 177,584 189,635  
Current liabilities (180,784) (198,702)  
Non-current liabilities (95,267) (107,484)  
Group’s share in net assets – 49% 87,858 82,335 € 74,344
Profit/(loss) for the year 1,288 4,385 (24,906)
Deferred tax liabilities (996) (996)  
Equity-method investees 37,696 44,522 40,089
Revenue 468,487 427,375 328,343
Cost of sales (304,154) (273,575) (225,151)
Other expenses (1,678) (289) (1,915)
Selling expenses (124,924) (121,631) (84,518)
Administrative expenses (35,474) (33,302) (29,444)
Net finance income (5,245) 331 (11,415)
Profit/(loss) before tax 3,561 8,774 (20,565)
Income tax expense (2,273) (4,389) (4,341)
Profit/(loss) for the year 1,288 4,385 (24,906)
Other comprehensive income/(loss) for the year 2,049 3,410 (4,160)
Total comprehensive income/(loss) for the year 3,337 7,795 (29,066)
Owners of the Company (540) 3,585 (24,678)
Deferred tax liabilities 146 382 (575)
Dividends received by the Group 3,697 1,744  
Natuzzi Trading (Shanghai) Co., Ltd [member]      
Disclosure of subsidiaries [line items]      
Current assets 64,298 79,527  
Non-current assets 19,833 21,619  
Current liabilities (42,049) (50,092)  
Non-current liabilities (1,794) (1,344)  
Net assets 40,288 49,710  
Group’s share in net assets – 49% 19,742 24,358  
Intangible assets 2,312 2,832  
Net book value after impairment test 26,140 26,140  
Profit/(loss) for the year 6,164 8,295 3,822
Deferred tax liabilities (578) (707)  
Equity-method investees 37,029 44,230 39,991
Revenue 98,483 96,272 62,023
Cost of sales (60,481) (57,120) (37,414)
Other expenses 91 (39) (413)
Selling expenses (24,473) (23,937) (17,685)
Administrative expenses (5,665) (4,983) (2,185)
Net finance income 1,037 1,213 864
Profit/(loss) before tax 8,810 11,406 5,190
Income tax expense (2,646) (3,111) (1,368)
Profit/(loss) for the year 6,164 8,295 3,822
Other comprehensive income/(loss) for the year (1,600) 4,734 (744)
Total comprehensive income/(loss) for the year 4,564 13,029 3,078
Owners of the Company 3,020 4,065 1,873
Amortisation of intangibles assets 519 519 519
Amortisation (519) (519) (519)
Deferred tax liabilities 130 130 130
Group’s share of profit/(loss), net of equity method adj. 436 3,409 1,455
Group’s share of other comprehensive income (784) 2,320 (365)
Group’s share of total comprehensive income/(loss) for the period (348) 5,729 1,090
Dividends received by the Group 3,697 1,490 2,335
Natuzzi Trading (Shanghai) Co., Ltd [member] | Inventories [member]      
Disclosure of subsidiaries [line items]      
Profit/(loss) for the year (2,562) (634) (396)
Profit/(loss) for the year (2,562) (634) (396)
Natuzzi Trading (Shanghai) Co., Ltd [member] | Brand names [member]      
Disclosure of subsidiaries [line items]      
Amortisation of intangibles assets 367 367 367
Amortisation (367) (367) € (367)
Natuzzi Trading (Shanghai) Co., Ltd [member] | Reportable legal entities [member] | Inventories [member]      
Disclosure of subsidiaries [line items]      
Profit/(loss) for the year (4,860) (2,298)  
Profit/(loss) for the year (4,860) (2,298)  
Natuzzi Trading (Shanghai) Co., Ltd [member] | Reportable legal entities [member] | Brand names [member]      
Disclosure of subsidiaries [line items]      
Profit/(loss) for the year (5,727) (6,095)  
Profit/(loss) for the year € (5,727) € (6,095)