5. Net general expenses

For the first nine months of 2013 net general expenses amount to €17.9 million and increased by €0.9 million compared to the same period of the prior year (€17 million).
The balance includes the nominal cost of the EXOR stock option plans for a total of €3.5 million (€2.1 million for the first nine months of 2012). The increase of €1.4 million derives mainly from the new grants awarded during the third quarter of 2012 under the 2008-2019 EXOR 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:

  9 months
to September 30
Quarter III 
€ million 2013 2012 Change 2013 2012 Change
Personnel costs (8.8) (7.2) (1.6) (3.2) (2.7) (0.5)
Compensation to and other costs relating to directors (4.0) (3.9) (0.1) (1.3) (1.2) (0.1)
Purchases of goods and services (4.7) (5.2) 0.5 (1.2) (1.5) 0.3
Other operating expenses, net of revenues and cost recoveries (0.4) (0.7) 0.3 (0.3) (0.1) (0.2)
Total (17.9) (17.0) (0.9) (6.0) (5.5) (0.5)

 

Commercial Register No.64236277 Note legali | Credits