Millionaire’s Secrets: Accounts, Debts & Control
- As mobility infrastructures gain prominence in national strategies, notably with ongoing reorganizations such as Lufthansa's acquisition of ITA Airways, the financial standing of key players becomes crucial.
- is controlled by Infra Hub (DWS Capital) and Leone Infrastructure (Infravia) at 43.99%, with Development 87 srl holding 12%.
- According to a recent report, no dividend was paid to milione S.p.A.
financial Snapshot of Milione S.p.A. Amidst Aviation Restructuring
Table of Contents
- financial Snapshot of Milione S.p.A. Amidst Aviation Restructuring
- Financial Snapshot of Milione S.p.A. Amidst Aviation Restructuring
- Introduction: Milione S.p.A. and the Aviation Landscape
- Key Financial questions and Answers
- What is Milione S.p.A.?
- Who Controls Milione S.p.A.?
- What are the Key Financial Metrics of Milione S.p.A.?
- Has Milione S.p.A. Paid Dividends Recently?
- What is Goodwill, and Why is it Significant for Milione S.p.A.?
- Does Milione S.p.A. Have Any Significant Credits?
- Is there any uncertainty surrounding the valuation of Milione S.p.A.’s assets?
- Summary Table
As mobility infrastructures gain prominence in national strategies, notably with ongoing reorganizations such as Lufthansa’s acquisition of ITA Airways, the financial standing of key players becomes crucial. This report examines Milione S.p.A., a leading company within the Save Group, which manages the Airport Polo of the North East (Venice, Treviso, Verona, adn Brescia) and holds a 48.32% stake in Belgium’s Charleroi airport.
Milione S.p.A. is controlled by Infra Hub (DWS Capital) and Leone Infrastructure (Infravia) at 43.99%, with Development 87 srl holding 12%. development 87 srl is owned by an international financial holding company.
According to a recent report, no dividend was paid to milione S.p.A. The airport holding possesses net assets of €527 million. milione S.p.A. holds a 98.8% participation valued at €1.327 billion, exceeding three times the subsidiary’s net assets.
Despite this, Milione S.p.A. has opted not to devalue its participation, citing impairment test results that indicate a recovery. However, the report acknowledges uncertainty:
The recoverable value is determined on the basis of estimates, characterized by their nature by profiles of uncertainty, to which is added the macroeconomic uncertainty caused by the dramatic geopolitical evolution.
The company concedes the potential difficulty in maintaining the current valuation.
milione S.p.A. has outstanding credits to Save totaling €275 million, with €198 million due within 12 months and €77 million after 12 months. The total assets of Milione S.p.A.amount to €612 million.A notable portion, €365 million, is attributed to goodwill, representing the excess value from merger differences. This goodwill is considered a theoretical surplus rather than material assets or cash.
Financial Snapshot of Milione S.p.A. Amidst Aviation Restructuring
Introduction: Milione S.p.A. and the Aviation Landscape
As global mobility infrastructures evolve, the financial stability of key industry players becomes increasingly significant. This report provides a financial overview of Milione S.p.A., a significant entity within the Save Group, against the backdrop of aviation industry restructuring, including events like the acquisition of ITA Airways by Lufthansa.
Key Financial questions and Answers
What is Milione S.p.A.?
Milione S.p.A. is a leading company within the save Group.It is indeed responsible for managing the Airport Polo of the North East, encompassing airports in Venice, Treviso, Verona, and Brescia. Additionally, Milione S.p.A. holds a 48.32% stake in BelgiumS Charleroi airport.
Who Controls Milione S.p.A.?
Milione S.p.A. is primarily controlled by:
Infra Hub (DWS Capital) and Leone Infrastructure (Infravia) at 43.99%
Advancement 87 srl, which holds 12% and is owned by an international financial holding company.
What are the Key Financial Metrics of Milione S.p.A.?
Key financial figures for Milione S.p.A. include:
Net Assets: The airport holding possesses net assets of €527 million.
Participation in airport: Milione S.p.A. holds a 98.8% participation valued at €1.327 billion.
Goodwill: Total assets of Milione S.p.A. amount to €612 million, with €365 million attributed to goodwill.
Credits to Save: Milione S.p.A. has credits to Save totaling €275 million.
Has Milione S.p.A. Paid Dividends Recently?
No dividends were paid to Milione S.p.A. according to the recent financials.
What is Goodwill, and Why is it Significant for Milione S.p.A.?
Goodwill, amounting to €365 million, represents the excess value from merger differences. It is considered a theoretical surplus rather than material assets or cash.
Does Milione S.p.A. Have Any Significant Credits?
Yes, Milione S.p.A. has outstanding credits to Save totaling €275 million. Out of this, €198 million is due within 12 months, and €77 million is due after 12 months.
Is there any uncertainty surrounding the valuation of Milione S.p.A.’s assets?
Yes, the company is dealing with uncertainty. While Milione S.p.A. has opted not to devalue its participation, citing impairment test results that indicate a recovery, the report acknowledges the potential difficulties in maintaining the current valuation due to estimation uncertainties and macroeconomic challenges.
Summary Table
| feature | Details |
| ———————— | ——————————————————————————- |
| Net Assets | €527 million |
| Participation Value | €1.327 billion (98.8% participation) |
| Goodwill | €365 million |
| Credits to Save | €275 million (€198M due within 12 months,€77M after 12 months) |
| Dividend Payment | No dividends paid in the reported period |
| Key Uncertainties | Recoverable value based on estimates with potential for macroeconomic influence |