Non-current assets held for sale and discontinued operations

In the consolidated statement of financial position, income statement and statement of cash flows of the Salini Impregilo Group at June 30, 2014, the entries related to “Non-current assets (liabilities) held for sale and discontinued operations” include the following main items:

  • the remaining net assets of the USW Campania Projects;
  • the net assets attributable to the Todini Costruzioni Generali S.p.A. subsidiary and its controlling interests;

Furthermore, as regards Fisia Babcock Environment GmbH, taking into account the fact that during the second quarter of 2014 it was sold to external parties, the profit from the discontinued operations as at June 30, 2014, includes the profit from the sale which, net of taxes and other directly associated costs, totaled €89.2 million.

The main information about the performance of these disposal groups in the first quarter of 2014 is presented below in this chapter, in accordance with an approach consistent and homogeneous with the information presented in the Annual financial report of the Salini Group for the 2013 reporting year.