Half-Year Report H1 - 2014

The EXOR Group closed the first half of 2014 with a consolidated profit of €57.4 million compared to a consolidated profit of €1,671.8 million in the first half of 2013.

The decrease of €1,614.4 million is principally due to the impact of lower gains realized during the first six months. In the first half of 2013 EXOR had realized a net gain of €1,534 million on the sale of the entire investment in SGS.

NAV
€ million 03/01/2009(a) 12/31/2013 06/30/2014
Investments 2,921  6,445 6,633
Financial investments 274  663 636
Cash and cash equivalents 1,121  2,572 2,604
Treasury stock 19  633 672
Gross Asset Value 4,335  10,313 10,545
Gross Debt (1,157)  (1,291) (1,278)
Ordinary holding costs over ten years (210)  (170) (170)
Net Asset Value (NAV) 2,968  8,852 9,097
(a) Effective date of the merger of IFIL in IFI and the name change of the latter to EXOR.

NAV: evolution 12.31.2013 - 06.30.2014

Commercial Register No.64236277 Legal notes | Credits