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

For the first nine months of 2013, the share of the profit (loss) of investments accounted for using the equity method is a profit of €180.2 million, basically in line with the profit reported for the same period in the prior year (€181.1 million). The lower results of the CNH Industrial Group and Juventus Football Club, respectively, of €10 million and €12.8 million, were compensated by the increase in the profit results of the other investments, in particular, the Almacantar Group for €11.6 million and C&W Group for €8.1 million.

  9 months to September 30 Quarter III
€ million 2013  2012 Change 2013 2012 Change
CNH Industrial Group (a) 190.1(b) 200.1 (10.0) 63.6 78.9 (15.3)
Fiat Group (a) 9.6  9.3 0.3 (5.4) (9.2) 3.8
C&W Group (2.5)  (10.6) 8.1 6.3 0.6 5.7
Almacantar Group 12.1  0.5 11.6 11.0 0.2 10.8
Juventus Football Club S.p.A. (29.1)  (16.3) (12.8) (10.9) (11.9) 1.0
Sequana Group -  (1.9) 1.9 0.0 0.0 0.0
Arenella Immobiliare S.r.l. 0.0  0.0 0.0 0.0 0.0 -
Total 180.2  181.1 (0.9) 64.6 58.6 6.0
(a) Includes consolidation adjustments. (b) Equal to 30.88% of the profit of CNH Industrial Group since the merger of Fiat Industrial and CNH Global was completed on September 29, 2013.

For comments on the Review of Performance of the Operating Subsidiaries and Associates, please refer to the next sections. It should be noted that the interim results of C&W Group and Juventus Football Club are affected by highly seasonal factors that are typical of their respective business segments.

Commercial Register No.64236277 Note legali | Credits