6. Other non-current financial assets – Investments measured at fair value

These are investments available-for-sale. Details are as follows:

  3/31/2015
  12/31/2014
     
€ million
%   Carrying amount
  %   Carrying amount   Change  
Banca Leonardo S.p.A. 17.37   60.0   17.37   60.0   0.0  
Banijay Holding S.A.S. 17.09   41.0   17.09   41.0   0.0  
The Economist Group 4.72   40.4   4.72   40.4   0.0  
NoCo A L.P. 2.00 (a) 19.0   2.00 (a) 17.5   1,5 (b)
Sequana S.A. 4.71   7.4   10.85   14.6   (7.2)  
Other listed investments
    203.8       176.7   27.1  
Total     371.6       350.2   21.4  
(a) Percentage ownership interest in the limited partnership, measured at cost. (b) Translation difference.

The reduction of the investment in Sequana of €7.2 million is due to the sale on the market of 3,133,962 shares (6.14% of capital) for a total net equivalent amount of €9 million and the positive fair value adjustment of the remaining 2,403,725 shares, on the basis of the per share trading price at March 31, 2015 (€3.08 per share), for a total of €1.1 million. The net gain realized is equal to €0.7 million.

 

Commercial Register No.64236277 Legal notes | Credits