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

In the first quarter of 2015, the share of the profit (loss) of the investments accounted for using the equity method is a profit of €45.6 million (loss of €32.4 million in the first quarter of 2014). The positive change of €78 million principally reflects the share of the profit of FCA Group (+€98.8 million) and Juventus (+€1.8 million), partially offset by the reduction in the share of the result of the CNH Industrial Group (-€22.7 million).

    Profit (loss) (in million)   EXOR's share (€ million)
  QI
 QI
    2015     2014   Change
  2015   2014   Change
FCA  (a) 78.0
  (189.0)

267.0
  37.8

(61.0)
  98.8
CNH Industrial (a) $ 28.0
  $ 145.0

(117.0)
  6.9
  29.6

(22.7)
Almacantar £ 0.6
  £ 0.4
  0.2
  0.3
  0.2
  0.1
Juventus Football Club S.p.A. 0.9

(1.9)

2.8
  0.6
  (1.2)
  1.8
Arenella Immobiliare S.r.l. n.s.
  n.s.
  -   -
  -
  -
Total                 45.6
  (32.4)
  78.0
(a) Including consolidation adjustments.

For comments on the performance of the principal operating subsidiaries and associates, please refer to the following sections. It should be recalled that Juventus Football Club and C&W Group (reclassified to non-current assets held for sale in accordance with the provisions of IFRS 5) are affected by significant seasonal factors typical of their respective business sectors.

Commercial Register No.64236277 Note legali | Credits