2. Gains (losses) on disposals, impairment (losses) reversals of investments

In 2015 the line item includes gains of €4.1 million relating to the sale of listed securities.

In 2014, gains (losses) on disposals, impairment (losses) and reversals of investments consisted of gains of €5.8 million on the sale of listed securities and total losses of €10.6 million, of which €5 million referred to the sale of the remaining investment in Alpitour (7.17% of capital) and €5.6 million established in the agreement signed by EXOR and Alpitour on June 30, 2014 which definitely closed all present and future disputes.

The line item also included €7.9 million for the reinstatement of the carrying amount of Fiat preferred shares written down in 2001, which had not been fully reinstated in subsequent years.

 

Commercial Register No.64236277 Legal notes | Credits