Interim Report - 3M 2015

The EXOR Group closes the first quarter of 2015 with a consolidated profit of €40.6 million; the first quarter of 2014 ended with a consolidated loss of €38.1 million. The positive change of €78.7 million is mainly due to the increase in the share of the results of the investment holdings of €78 million.

At March 31, 2015 the consolidated equity attributable to owners of the parent amounts to €8,725.5 million and shows a net increase of €730.5 million compared to €7,995 million at year-end 2014.

The consolidated net financial position of the Holdings System at March 31, 2015 is a positive €582.1 million and shows an increase of €19.1 million compared to the balance of €563 million at the end of 2014.

€ million03/01/2009(a)12/31/201403/31/2015
Investments  2,921   8,34711,268
Financial investments 274   663712
Cash and cash equivalents 1,121   2,2332,272
Treasury shares 19   762942
Gross Asset Value 4,335   12,00515,194
Gross Debt (1,157)   (1,671)(1,690)
Ordinary holding costs capitalized over 10 years (210)   (170)(170)
Net Asset Value (NAV) 2,968   10,16413,334
(a) Effective date of the merger of IFIL in IFI and the name change of the latter to EXOR.
Commercial Register No.64236277 Legal notes | Credits