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

11.3 Core tangible assets: movements during the periodLand Buildings FurnitureElectronicequipmentOther assetsA. Gross opening balance 60,858 36,376 3,986 4,864 14,910 120,994A.1 Total net value reductions — (11,809) (2,412) (3,679) (12,016) (29,916)A.2 Net opening balance 60,858 24,567 1,574 1,185 2,894 91,078B. Additions: — 386 383 767 1,770 3,306B.1 Purchases — — 383 767 1,770 2,920B.2 Improvement expenses, capitalized — 386 — — — 386B.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 — — — — — —B.6 Transfers from properties held forinvestment purposes — — — — ——B.7 Other additions — — — — — —C. Reductions: — 1,096 313 290 1,059 2,758C.1 Disposals — — 61 — 46 107C.2 Depreciation charges — 1,096 252 290 1,013 2,651C.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 — — — — — —C.6 Transfers to: — — — — — —a) assets held for investment purposes — — — — — —b) assets being sold — — — — — —C.7 Other reductions — — — — — —D. Net closing balance 60,858 23,857 1,644 1,662 3,605 91,626D.1 Total net value reductions — (12,904) (2,593) (4,029) (12,404) (31,930)D.2 Gross closing balance 60,858 36,761 4,237 5,691 16,009 123,556E. Stated at cost — — — — — —Total– 323