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11 Capitalised costs

Increases of fixed assets for internal works 49,324 81,903 -32,579
Total 49,324 81,903 -32,579

"Increases of fixed assets for internal works" mainly include labour, financial charges and other charges (such as outbound inventory movements and motor car hours) directly attributable to jobs performed within the Group. Financial expenses were calculated by applying an average rate of 3.83%.
The decrease compared to the previous year is attributable not only to a reduction in investments, but the completion of the waste-to-energy plant in Rimini during the year. An analysis of the investments can be found in the notes to the balance sheet assets and to the Directors' Report.

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