1. Share of the profit (loss) of investments accounted for using the equity method

The share of the profit of investments accounted for using the equity method in the first half of 2018 amounts to €772 million, with a decrease of €80 million compared to the first half of the prior year (€852 million). The negative change reflects in particular the decrease in the share of the profit of PartnerRe and Juventus, for €206.8 million and €22.7 million respectively, partially offset by the increase of CNH Industrial and Ferrari for €152 million and €11.4 million respectively.

    Profit (Loss) (million) EXOR's share (€ million)
  I Half I Half 
    2018   2017 Change 2018   2017   Change
FCA (a) 1,764 1,782 (18.0) 509.8    520.3    (10.5)
PartnerRe  $ 7 $ 230 (223.0) 5.7    212.5    (206.8)
Ferrari 308 260 48.0  72.5    61.1    11.4 
CNH Industrial (a) $ 951 $ 249 702.0  212.8    60.8    152.0 
Juventus Football Club (b) (62.2) (26.6) (35.6) (39.7)   (17.0)   (22.7)
The Economist Group (c) £ 25.0    29 (3.5) 12.5    14.3    (1.8)
Welltec (d) $ (9.0)   - - (1.6)   -   (1.6)
Total           772.0  (e) 852.0  (e) (80.0)
(a) Includes consolidation adjustments. (b) The profit relates to the accounting data prepared for the Company‘s consolidation in EXOR and refers to the period 1 January – 30 June. (c) The profit refers to the period 1 October – 31 March. (d) Accounted using the equity method starting from 31 December 2017 following the acquisition of an additional interest in the share capital at the end of the year. (e) Of which €649.6 million of share of the profit (loss) and €122.4 million of dividends. In the first half 2017 €760.4 million of share of the profit and €91.6 million of dividends.

 

 

 

Commercial Register No.64236277 Legal notes | Credits