Results' Summary

 

(Euro milion)31 December 201831 December 2017
Asset Under Management "AUM"11,88111,732
Fee-Paying AUM (*)10,45710,060
Management fees63.359.8
Platform Net Operating Profit (#)15.313.4
Group Net Profit/(Loss)11.1(11.7)
Investment portfolio365.4397.0 (§)
Consolidated Net Financial Position148.398.4 (§)
Net Financial Position - Holding companies100.661.8 (§)
NAV/share (EUR)1.841.80 (§)

(*) Amount for management fees calculation
(#) Sum of the Net Operating Profit of the two asset management companies, before the impact of purchase Price Allocation (“PPA”), impairment, and other non recurring items
(§) Data at 1.1.18 "adjusted". Reflects the "as reported" data at 31.12.17 updated with (i) the extraordinary dividend distribution of 0.12 € / share, namely total 30.5 million €, carried in may 2018 and (ii) the increase in Portfolio Investment of 0.5 million € / NAV, relating to the introduction of IFRS 15 from 1.1.2018
Data "as reported" at 31.12.17: Port. Inv. 396.5 M€; Consolid NFP. 128,9 M€; Holdings NFP 92.3 M€; NAV 1,91 €/ share.