CONSOLIDATED FINANCIAL STATEMENTS >
EXPLANATORY NOTES
220
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
As required by Consob Communication DEM/6064293 dated 28 July 2006, the effects of non-recurring events and transactions
on the income statement are shown below, involving total net non-recurring expenses of Euro 97 million in 2013 and Euro 123
million in 2012.
36. SIGNIFICANT NON-RECURRING EVENTS AND TRANSACTIONS
(in millions of Euro)
2013
2012
Non-recurring other income:
Gains on asset disposals
5
3
Remeasurement of minority put option liability
-
7
Non-recurring other income
5
12
Total non-recurring other income
10
22
Non-recurring personnel costs:
Company reorganisation
(34)
(64)
Terminated pension plans
2
-
Italian pensions reform
-
(1)
Non-recurring other costs
(2)
-
Total non-recurring personnel costs
(34)
(65)
Non-recurring impairment:
Impairment of property, plant and equipment
(25)
(24)
Total non-recurring impairment
(25)
(24)
Non-recurring other expenses:
Draka integration costs
-
(9)
Tax inspections
-
(3)
Antitrust investigations
6
(1)
Company reorganisation
(16)
(10)
Environmental remediation and other costs
3
(3)
Non-recurring other expenses
(19)
(25)
Total non-recurring other expenses
(26)
(51)
Non-recurring other finance costs
Non-recurring net losses on interest rate swaps
(15)
-
Non-recurring other finance costs
(7)
(5)
Non-recurring other foreign currency exchange losses
-
(3)
Total non-recurring other finance costs
(22)
(8)
Non-recurring other finance income:
Non-recurring other finance income
-
3
Total non-recurring other finance income
-
3
Total
(97)
(123)
