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CONSOLIDATED FINANCIAL REPORT | EXPLANATORY NOTES
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36. SIGNIFICANT NON-RECURRING EVENTS AND TRANSACTIONS
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 17 million in 2015 and Euro 71 million in 2014.
(1)
This includes a write-down of Euro 8 million against current assets relating to NK Wuhan Cables Co.
(2)
The figure for 2015 refers to currency translation differences arising on the acquisition of the majority stake in Oman Cables Industry
SAOG (for Euro 11 million) and on the sale of the subsidiary NK Wuhan Cables Co Ltd (for Euro 2 million).