Exor S.A.
(100% of capital)
The key figures taken from the financial statements for the year ended December 31, 2014 of EXOR S.A., prepared under the laws of Luxembourg, are as follows:
€ million | 12/31/2014 |
12/31/2013 |
Change |
---|---|---|---|
Profit for the year | 87.7 | 1,071.4 | (983.7) |
Equity | 3,100.5 | 3,082.80 | (17.7) |
Investments and non-current other financial assets | 3,609.9 | 3,544.90 | (65.0) |
Net financial position | (509.1) | (462) | (47.1) |
EXOR S.A. closed the year 2014 with a profit of €87.7 million compared to a profit of €1,071.4 million in the prior year. The decrease of €983.7 million comes mainly from lower gains realized during the year and lower dividends collected for a total of €1,043.2 million, partially offset by the reinstatement of the carrying amount of the investment in C&W Group of €90.1 million, which had been written down in 2009.
In particular, in 2013, EXOR S.A. had realized a net gain of €987.5 million as result of the sale of the entire investment in SGS, from which it had also collected dividends of €55.7 million.
At December 31, 2014 investments and non-current other financial assets comprise the following:
12/31/2014 | |||||
---|---|---|---|---|---|
Number of shares | % of capital | Carrying amount | 12/31/2013 |
Changes | |
Exor Capital Ltd | 4,000,000 | 100 | 1,889.0 | 1,904 | (15.0) |
C&W Group Inc. | 511,015 | 80.89 | 495.3 | 405.0 | 90.3 |
EXOR N.V. | 450 | 100 | 300.0 | 300.0 | 0 |
Almacantar S.A. | 147,680,355 | 38.29 | 171.9 | 171.9 | 0 |
Gruppo Banca Leonardo S.p.A. | 45,459,968 | 17.37 | 60 | 73.6 | (13.6) |
Banijay Holding S.A.S. | 351,590 | 17.09 | 35.3 | 35.3 | 0 |
The Economist Group | 1,190,000 | 4.72 | 30.3 | 30.3 | 0 |
Sequana S.A. | 5,537,687 | 10.85 | 14.6 | 24.8 | (10.2) |
Other | 141.8 | 135.1 | 6.7 | ||
Total investments | 3,138.2 | 3,080.0 | 58.2 | ||
Non-current other financial assets | 471.7 | 464.9 | 6.8 | ||
Total investments and non-current other financial assets | 3,609.9 | 3,544.9 | 65.0 |
- Annual report 2014
- Letter to Shareholders
- Group Profile
- NAV
- Key operating and financial data
- Dividends
- Significant events
- Economic/financial results
- Net financial position
- Corporate Governance
- Risks and uncertainties
- Review of performance by the main operating subsidiaries and associates
- Business outlook
- Review of the results of the separate financial statements
- BoD - Committees
- Committees
- Contacts
- Interim Report 9M - 2014
- Half-Year Report H1 - 2014
- Interim Report - 3M 2014