3. Net general expenses

In the first quarter of 2012, net general expenses amount to €5.4 million, with a decrease of €1.2 million compared to the corresponding period of the prior year (€6.6 million).
The balance includes the figurative cost of the EXOR stock option plan for about €0.5 million (€0.3 million in the first quarter of 2011). Details of the main items are as follows:

€ million Q1 2012
Q2 2011 Change
Personnel costs (2.5) (2.8) 0.3
Compensation to and other costs relating to directors (1.3) (2.0) 0.7
Purchases of goods and services (1.4) (1.6) 0.2
Other operating expenses (0.4) (0.7) 0.3
Revenues and cost recoveries 0.2 0.5 (0.3)
Total (5.4) (6.6) 1.2
Commercial Register No.64236277 Note legali | Credits