7. Investments accounted for using the equity method

Details are as follows:

  Carrying amount at  
€ million
6/30/2015
12/31/2014
Change
FCA 4,403.1 4,077.6 325.5
CNH Industrial  1,699.6 1,615.8 83.8
Almacantar  331.1 281.8 49.3
Juventus Football Club  29.2 22.7 6.5
Arenella Immobiliare  26.2 26.1 0.1
C&W Group (a) 0.0 572.8 (572.8)
Total 6,489.2 6,596.8 (107.6)
(a) Starting March 31, 2015 the company was reclassified to non-current assets held for sale in accordance with IFRS 5. At June 30, 2015 EXOR’s share of the reclassified amount of equity relating to C&W Group is €612.9 million.

The positive change in EXOR’s share of the investment in FCA is primarily attributable to the increase in exchange differences on translating foreign operations (€266.6 million) and the profit for the period before consolidation adjustments (€116.1 million).

The positive change in EXOR’s share of the investment in CNH Industrial is primarily attributable to the increase in the exchange differences on translating foreign operations (€111 million) and the profit for the period before consolidation adjustments (€50.4 million), partially offset by the payment of dividends (€71.3 million).

The positive change in EXOR’s share of the investment in Almacantar is attributable to the increase in exchange differences on translating foreign operations (€27.4 million), the capital increase carried out in June 2015 (€21 million), in addition to the profit for the period (€0.9 million).

 

Commercial Register No.64236277 Legal notes | Credits