Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

12.3 Core tangible assets: movements during the periodLand Buildings FurnitureElectronicequipmentOther assetsA. Gross opening balance 83,636 190,397 47,292 25,227 52,781 399,333A.1 Total net value reductions — (25,295) (24,148) (17,605) (40,147) (107,195)A.2 Net opening balance 83,636 165,102 23,144 7,622 12,634 292,138B. Additions: — 7,814 2,061 1,945 6,619 18,439B.1 Purchases — 7,289 1,879 1,931 6,267 17,366B.2 Improvement expenses, capitalized — 525 — — — 525B.3 Writebacks — — — — — —B.4 Increases in fair value recognized in: — — — — — —a) net equity — — — — — —b) profit and loss account — — — — — —B.5 Increases arising due to exchange rates — — 182 — 22 204B.6 Transfers from properties held forinvestment purposes — — — — — —B.7 Other additions — — — 14 330 344C. Reductions: — 3,483 4,828 3,803 5,490 17,604C.1 Disposals — — 138 — 66 204C.2 Depreciation charges — 3,261 4,569 3,803 5,413 17,046C.3 Value adjustments for impairment taken to: — — — — — —a) net equity — — — — — —b) profit and loss account — — — — — —C.4 Reductions in fair value charged to: — — — — — —a) net equity — — — — — —b) profit and loss account — — — — — —C.5 Reductions due to exchange rates — — — — 10 10C.6 Transfers to: — — — — — —a) assets held for investment purposes — — — — — —b) assets being sold — — — — — —C.7 Other reductions — 222 121 — 1 344D. Net closing balance 83,636 169,433 20,377 5,764 13,763 292,973D.1 Total net value reductions — (28,554) (28,390) (21,296) (42,888) (121,128)D.2 Gross closing balance 83,636 197,987 48,767 27,060 56,651 414,101E. Stated at cost — — — — — —Total– 109