Results Summary

The DeA Capital Group’s key operating performance and financial position figures at 31 March 2020 are shown below, compared with the corresponding figures at 31 March 2019.

(Euro milion) 31 March 2020 31 March 2019
Combined Asset Under Management 22,051 11,870
Asset Under Management "AUM" 14,596 11,870
Fee-Paying AUM (*) 12,766 10,378
Management fees 15.3 16.9
Platform Net Operating Profit (#) 2.8 4.2
Group Net Profit/(Loss) (6.6) (3.9)

(*) 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.

 
(Eur million) 31 March 2020 31 December 2019
Investment portfolio 382.1 387.1
Consolidated Net Financial Position 110.4 105.6
Net Financial Position - Holding companies 63.3 65.8
NAV/share (EUR) 1.73 1.76

It is hereby specified that “Combined assets under management” are defined as assets managed by the asset management companies in which the Group holds an absolute or relative (non-consolidated) majority interest, and the assets managed by the international subsidiaries; overall commitments are considered where Private Equity funds are concerned.