D
E
A C
APITAL
- A
NNUAL
R
EPORT
AT
31 D
ECEMBER
2016
63
6. Results of the Parent
Company DeA Capital S.p.A.
The Parent Company DeA Capital S.p.A. operates as a
holding company that carries out activities of coordination,
development and strategic management of its subsidiaries,
and also acts as an entity that makes financial investments
directly.
A summary of the Income Statement and the Statement of
Financial Position of DeA Capital S.p.A. for the year ended 31
December 2016 is shown below.
Income Statement of the Parent Company
(EUR)
Financial year
2016
Financial year
2015
Other investment income/expense
9,268,634
(30,601,165)
Income from services
1,817,467
1,767,185
Other income
37,283
9,106,713
Personnel costs
(7,716,902)
(7,155,543)
Financial income
13,704
(430,150)
PROFIT/(LOSS) BEFORE TAX
3,420,186
(27,312,960)
Income tax
4,153,721
8,413,374
PROFIT/(LOSS) FOR THE YEAR FROM CONTINUING OPERATIONS
7,573,907
(18,899,586)
Profit (Loss) from discontinued operations/held-for-sale assets
0
0
PROFIT/(LOSS) FOR THE YEAR
7,573,907
(18,899,586)
The Parent Company reported net profit of around EUR 7.6
million for 2016 (compared with a loss of EUR 18.9 million in
2015), achieved mainly thanks to dividend flows from investee
companies.