This caption shows a net loss of € 16.6 million (net profit of € 30.6 million). This result includes:

• the net loss of € 11.5 million (€ 66.8 million) recorded by Todini as regards the divisions being sold to third-parties;
• the net loss of € 5.0 million (€ 0.9 million) reported by the remaining activities of the USW Campania Projects.

With reference to 2014, in addition to what has been mentioned above, a net profit equal to € 85.1 million recognized as a result of the completion of the sale of the investment, held by the Group in the German company Fisia Babcock Environment GmbH.