5. Net general expenses

Net general expenses in 2016 amount to €25.6 million with an increase of €5 million compared to the prior year (€20.6 million). The balance includes the cost of EXOR’s stock option plans of approximately €5.2 million (€3.2 million in 2015). The increase of €2 million is attributable to the new stock option plan issued in 2016.

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

€ million 2016 2015 Change
Personnel costs (8.9) (8.2) (0.7)
Compensation to and other costs relating to directors (7.1) (5.1) (2.0)
Services (9.7) (6.7) (3.0)
Other operating expenses, net of revenues and cost recoveries 0.1 (0.6) 0.7
Total; (25.6) (20.6) (5.0)

 

Commercial Register No.64236277 Note legali | Credits