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

The line item is an income balance of €2.4 million in 2011 (an expense balance of €17.3 million in 2010).

Details are as follows:

€ million 2011 2010
Gain on sale of building 7.1 0
Fair value adjustment of the Alpitour stock option plan 0.9  (9.7)
Expenses arising on employee reduction plan  (4.7)  (2.9)
Fees for defense in legal cases  (0.7)  (4.3)
Sundry other income (expenses)  (0.2)  (0.4)
  2.4  (17.3)

The gain on the sale of the building in Corso Matteotti 26 was realized by the merged EXOR Services.

In 2011, the fair value adjustment of the Alpitour stock option plan is positive and represents the difference between the amount paid to the recipients and the amount payable at December 31, 2010.

In 2011, the expenses arising on the employee reduction plan of EXOR S.p.A. and the merged EXOR Services amount to €4.7 million (€2.9 million in 2010).

Fees for defense in legal cases are equal to €0.7 million (€4.3 million in 2010) and refer to the fees incurred for legal assistance in the cases relating to the content of the press releases issued by IFIL and by Giovanni Agnelli e C. on August 24, 2005.

Sundry other income (expenses) shows a net expense balance of €0.2 million in 2011 relating to the expenses incurred for the transfer of the corporate headquarters from Corso Matteotti 26 to Via Nizza 250.
In 2010, the net expense balance amounted to €0.4 million and referred primarily to the expense accruals in connection with the early liquidation of Fondo Integrativo Aziendale.

Commercial Register No.64236277 Legal notes | Credits