The 2012 financial statements of the Camfin group close with a consolidated profit of 70,1 million, up by +28,9% and benefits from the contribution of 94,4 million from net income from equity investments. On the board of directors Vittorio and Davide Malacalza and Antonio Castelli voted against the approval of the budget, which was in any case approved by a majority. A tug-of-war between the Camfin shareholders has now been underway for months between the alignment of the Malacalza family and that of Tronchetti Provera on which the intermediation of Intesa Sanpaolo and Unicredit has not been able to do much.
In terms of accounts, in particular the contribution from equity investments, Pirelli contributed 100,4 million while Prelios had a negative impact of only 5,5 million (in 2011 the value had been negative by 42,9 million). Last week, the subsidiary Prelios closed its balance sheet with a loss of 241 million, assets down to 80 million and net financial debt up to 250 million. Among other things, the company had approved a capital strengthening plan which provides for the entry of Feidos 11 chaired by Giuseppe Cornetto Bourlot and led by Massimo Caputi. Camfin will participate through the subscription of the capital increase for its share of approximately 17 million euros.
