2013 Annual Report

NAV

€ million 12/31/2012 12/31/2013 Change%
Investments  7,533 6,445 (1,088)-14%
Financial investments 462 663 201+44%
Cash and cash equivalents 862 2,572 1,710+198%
Treasury shares 321 633 312+97%
Gross Asset Value 9,178 10,313 1,135+12%
Gross Debt (1,388) (1.291) 97-7%
Ordinary holding costs capitalized over 10 years (170) (170) --
Net Asset Value (NAV) 7,620 8,852 1,232+16%
Commercial Register No.64236277 Legal notes | Credits