• Operating results before disposals, changes in fair value and depreciations at EUR 33.6 million (vs. 24.3 million in 2014).
• Net result, group's share, totals EUR +32.9 million compared to -1.1 million in 2014.

INTRINSIC VALUE

• Intrinsic value amounts to EUR 335.2 per share on 31 December 2015 compared to EUR 281.9 on 31 December 2014.

DIVIDEND

• Proposed gross dividend of EUR 7.44 per share (+1.1% versus 2014).