EXOR GROUP – Consolidated Statement of Financial Position - shortened

€ million Note 6/30/2014   12/31/2013   Change
Non-current assets            
Investments accounted for using the equity method 6 5,263.3   4,809.9   453.4
Other financial assets:            
- Investments measured at fair value 7 328.5   367.8   (39.3)
- Other investments 8 574.5   572.9   1.6
- Other financial assets   0.6 (a) 10.9 (a) (10.3)
Other property. plant and equipment and intangible assets   0.2   0.2   0.0
Total Non-current assets   6,167.1   5,761.7   405.4
Current assets            
Financial assets and cash and cash equivalents 10 2,520.0   2,488.0   32.0
Tax receivables and other receivables   7.2 (b) 7.5 (b) (0.3)
Total Current assets   2,527.2   2,495.5   31.7
Total Assets   8,694.3   8,257.2   437.1
Capital issued and reserves attributable to owners of the parent 9 7,397.9   6,947.4   450.5
Non-current liabilities            
Bonds and other financial debt 10 1,203.7   1,199.9   3.8
Provisions for employee benefits   2.3   2.3   0.0
Deferred tax liabilities. other liabilities and provisions
  1.6 (c) 7.3 (c) (5.7)
Total Non-current liabilities   1,207.6   1,209.5   (1.9)
Current liabilities            
Bonds. bank debt and other financial liabilities 10 73.8   90.8   (17.0)
Other payables and provisions   15.0   9.5   5.5
Total Current liabilities   88.8   100.3   (11.5)
Total Equity and Liabilities   8,694.3   8,257.2   437.1
(a) At December 31, 2013 the balance included mainly the financial receivable due by EXOR from Alpitour for €10 million. This is the remaining balance of the Deferred Price on the sale of Alpitour (€15 million), inclusive of interest capitalized (€1.7 million) and net of expenses (€6.7 million) accounted for in 2012 and 2013 following the settlement of certain disputes that arose with the buyer in the period subsequent to acquisition and relating to events prior to the sale by EXOR. At June 30, 2014, following the agreement reached with Alpitour, EXOR fully waived the remaining Deferred Price of €10.4 million, inclusive of interest capitalized (€2.1 million), definitively closing all present and future disputes. (b) Receivables from the tax authorities total €6.3 million (€6.1 million at December 31, 2013) and refer mainly to EXOR. (c) The change is mainly due to the reversal of expenses set aside in provision accounts at December 31, 2013 (€2.9 million) after having reached the agreement between EXOR and Alpitour, which led to the definitive closing of all present and future disputes.

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Commercial Register No.64236277 Legal notes | Credits