Milan, 27 February 2017 – Today’s meeting of the Board of Directors of A2A S.p.A., chaired by Mr Giovanni Valotti, approved the results of the impairment process, drafted in accordance with IAS 36 and carried out, as is customary, with the assistance of a recognised independent third-party auditing firm. The process led to an impairment loss (gross of the tax effects) of assets, goodwill and investments for 110 million euros as well as the value readjustment (gross of the tax effects) of assets for 51 million euros.
The Board also examined the preliminary consolidated results for FY 2016, which include the effects of the consolidation for five months of the new group acquired, LGH.
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