5. Non-recurring other income (expenses) and general expenses

In the first half of 2014 the balance of non-recurring other expenses totals €5.6 million and include expenses arising from the reduction of the work force for €3.2 million. It also comprises expenses recorded in connection with non-recoverable interest income earned on the Deferred Price of €2.1 million as part of the agreement reached on June 30, 2014 with Alpitour, in addition to other expenses of €0.3 million.

In the first half of 2013 the balance of non-recurring other expenses was €1.3 million and included expenses for defense in legal cases of €0.5 million and other expenses of €0.7 million. 

Commercial Register No.64236277 Legal notes | Credits