9. Investments measured at fair value

The investments available-for-sale amount to €44.1 million (€117.3 million at 31 December 2016) and include principally investments in GEDI and Noco A. The negative change (€73.2 million) is mainly due to the reclassification of Welltec to “Investments accounted for using the equity method” as well as of Banca Leonardo to “Assets for sale” previously aligned with the estimated proceeds of sale.

 

Commercial Register No.64236277 Note legali | Credits