1. Share of the profit (loss) of investments accounted for using the equity method

In the first nine months of 2014 the share of the profit (loss) of investments accounted for using the equity method is a profit of €190.3 million, up from the profit reported in the corresponding period of the prior year (+€180.2 million). The positive change of €10.1 million reflects the increase in the share of the profit of the FCA Group (+€32.3 million) and C&W Group (+€14.9 million), in addition to the reduction of the loss of Juventus Football Club (+€3.6 million), offset in part by the reduction in the share of the results of CNH Industrial Group (-€27.9 million) and Almacantar Group (-€12.7 million).

  9 months to September 30 QIII
€ million 2014 2013 Change 2014 2013 Change
FCA Group (a) 41.9 9.6 32.3 51.8 5.4 57.2
CNH Industrial  Group (a) 162.2 190.1 (27.9) 51.9 63.6 (11.7)
C&W Group 12.4 (2.5) 14.9 5.3 6.3
(1.0)
Almacantar Group (0.6) 12.1 (12.7) (1.1) 11.0 (12.1)
Juventus Football Club S.p.A. (25.5) (29.1) 3.6 (18.4) (10.9) 7.5
Arenella Immobiliare S.r.l. (0.1) - (0.1) (0.1) - (0.1)
Total 190.3 180.2 10.1 89.4 64.6 24.8
(a) Includes consolidation adjustments

For comments on the Review of Performance of the Operating Subsidiaries and Associates, please refer to the next sections. It should be noted that the interim results of C&W Group and Juventus Football Club are affected by highly seasonal factors that are typical of their respective businesses.

Commercial Register No.64236277 Legal notes | Credits