5. Net general expenses

In the first half of 2013 net general expenses amount to €11.9 million, with an increase of €0.4 million compared with the same period of the prior year (€11.5 million).

The balance includes the nominal cost of the EXOR stock option plans for about €2.4 million (€1.1 million in the first half of 2012). The increase of €1.3 million derives mainly from the new grants awarded during 2012 under the EXOR 2008-2019 Stock Option Plan and the new Incentive Plan approved on May 29, 2012.

Details of the main items of net general expenses are as follows:

€ million Half I  2013 Half I  2012 Change
Personnel costs (5,6) (4,5) (1,1)
Compensation to and other costs relating to directors (2,7) (2,7) 0,0
Purchases of goods and services (3,5) (3,7) 0,2
Other operating expenses, net of revenues and cost recoveries (0,1) (0,6) 0,5
Total (11,9) (11,5) (0,4)

 

Commercial Register No.64236277 Note legali | Credits