4. Net general expenses

Net general expenses amount to €18.1 million (€14.9 million net of the notional cost of the EXOR stock option plan), with a decrease of €4.7 million (€3.3 million net of the notional cost of the EXOR stock option plan) compared to an amount in 2013 of €22.8 million (€18.2 million net of the notional cost of the EXOR stock option plan), owing to the reduction in staff, the benefits of which in 2014 were partially absorbed by the costs for non-recurring expenses.

Commercial Register No.64236277 Legal notes | Credits