UBI Banca Group

SECTION 16 Profits (losses) of equity investments – Item 240
16.1 Profits (losses) of equity investments: composition
Income components/sectors 2011 2010
1) Jointly controlled entities
A. Income 301 -
1. Revaluations - -
2. Profits on sale 301 -
3. Reversals of impairment losses - -
4. Other income - -
B. Expense - -
1. Impairment losses - -
2. Impairment losses due to deterioration - -
3. Losses on sale - -
4. Other expense - -
Net result 301 -
2) Companies subject to significant influence
A. Income 14,143 101,641
1. Revaluations - -
2. Profits on sale - 81,387
3. Reversals of impairment losses - -
4. Other income 14,143 20,254
B. Expense (4,196) (2,614)
1. Impairment losses - -
2. Impairment losses due to deterioration - -
3. Losses on sale - (154)
4. Other expense (4,196) (2,460)
Net result 9,947 99,027
Total 10,248 99,027
Table 18: 525000O|1 - NOTA
The amount in line A.2 of section 1 “Profits on sale” relates to the sale of 30% of By You S.p.A.
in April 2011 at a price of €2,296 thousand.
The amounts in lines A.4 “Other income” and B.4 “Other expense” of section 2 represent the
profits and losses respectively of equity-accounted investees.
Details are given in the note at the foot of Table 10.3 “Annual changes in equity investments”
in the balance sheet section.
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