5. Net general expenses

In 2013 net general expenses amount to €26 million, with an increase of €1.5 million compared to the prior year (€24.5 million).

The balance includes the notional cost of the EXOR stock option plans for a total of €4.7 million (€3.3 million in 2012). The increase of €1.4 million is due to the introduction of the Long Term Incentive Plan approved on May 29, 2012 and recognized when the grants were awarded in July and September 2012 and for the full year 2013.

Details of the main items of net general expenses are as follows:

€ million 2013 2012 Change
Personnel costs (13.9) (11.9) (2.0)
Compensation to and other costs relating to directors (5.3) (5.1) (0.2)
Purchases of goods and services (6.0) (6.3) 0.3
Other operating expenses. net of revenues and cost recoveries (0.8) (1.2) 0.4
Total (26.0) (24.5) (1.5)
Commercial Register No.64236277 Legal notes | Credits