(100% of capital) 

The key figures taken from the financial statements for the year ended December 31, 2014 of Arenella Immobiliare S.r.l. are as follows:

€ million 12/31/2014
12/31/2013
Change
Profit for the year 0.2 0.1 0.1
Equity 26.1 25.9 0.2
Lido Arenella hotel property 26.3 26.7 (0.4)
Net financial position (0.3) (0.8) 0.5

A profit of €0.2 million is reported for the year 2014, with an increase of €0.1 million compared to the prior year, due to the effect of the tax benefit from ACE transferred to EXOR, in the course of participating in the national tax consolidation with EXOR.

The net reduction in the carrying amount of the Lido Arenella hotel property at December 31, 2014 is due to the depreciation charge for the year of €0.7 million, partially offset by extraordinary maintenance work of €0.3 million.

 

Commercial Register No.64236277 Legal notes | Credits