2. Dividends from investments

In 2011, dividends from investments amount to €82.2 million and included dividends received from SGS for €59.4 million (€49.1 million in 2010), Gruppo Banca Leonardo for €19.1 million, The Economist Newspaper for €2.1 million (€0.1 million in 2010) and other investment holdings for €1.6 million (€0.9 million in 2010).
The distribution of reserves received from Alpitour for €10 million was recorded as a deduction from the carrying amount of the investment.



Commercial Register No.64236277 Legal notes | Credits