Other information by nature

The income statement includes personnel costs for $4,552 million in 2014 ($4,662 million in 2013). An analysis of the average number of employees by category is as follows:

2014 2013

Managers 890 889

White-collar 24,839 24,165

Blue-collar 44,770 44,980

Average number of employees 70,499 70,034

13. Earnings per share

The basic earnings per common share for 2014 and 2013 is determined by dividing the Profit/(loss) attributable to the owners of the parent by the weighted average number of common shares outstanding during the year.

For 2013, newly issued CNH Industrial N.V. common shares were counted for three months only, consistently with the accounting treatment of the mergers of Fiat Industrial S.p.A. and CNH Global N.V. with and into CNH Industrial N.V. (completed on September 29, 2013).

The special voting shares have minimal economic entitlements as the purpose of the special voting shares is to grant long-term shareholders with an extra voting right by means of granting an additional special voting share, without granting such shareholders with any additional economic rights. However, as a matter of Dutch law, such special voting shares cannot be fully excluded from economic entitlements. Therefore, the Articles of Association provide that only a minimal dividend accrues to the special voting shares, which is not distributed, but allocated to a separate special dividend reserve. The impact of this special voting dividend reserve on the earnings per share of the common shares is not material. For more detailed information on the composition of share capital, refer to Note 24 “Equity”.

The following table sets out the Profit/(loss) attributable to the owners of the parent and the weighted average number of common shares outstanding used to calculate basic earnings per share for 2014 and 2013:

2014 2013

Profit/(loss) attributable to the owners of the parent $ million 917 1,048 Weighted average number of common shares outstanding during the year – basic thousand 1,354,008 1,255,082

Basic earnings per common share $ 0.68 0.83

The diluted earnings per common share for 2014 and 2013 has been determined by increasing the weighted average number of common shares outstanding to take into consideration the dilutive share equivalents outstanding during each period, deriving from the CNH Industrial share-based payments awards.

In connection with the Merger, CNH Industrial N.V. assumed the sponsorship of the share-based payment awards issued on Fiat Industrial S.p.A. shares and on CNH Global N.V. shares. The diluted earnings per share for 2013 has been determined by increasing the weighted average number of common shares outstanding to take into consideration the theoretical effect, counted for three months only for the reasons above specified, that would arise if the share-based payments awards on CNH Industrial N.V. shares have been exercised.

The following table sets out for 2014 and 2013 the Profit/(loss) attributable to the owners of the parent and the weighted average number of common shares outstanding during the period used in the calculation of diluted earnings per share:

2014 2013

Profit/(loss) attributable to the owners of the parent $ million 917 1,048 Weighted average number of common shares outstanding

during the year – diluted (a) thousand 1,359,501 1,256,546

Diluted earnings per common share $ 0.68 0.83

(a) At December 31, 2014, approximately 2.9 million shares of Restricted Shares and 1.5 million of shares of Stock option plans were outstanding but not included in the calculation of diluted earnings per share as the impact of these shares would have been anti-dilutive.

14. Intangible assets

In 2014 and in 2013 changes in the gross carrying amount of Intangible assets were as follows:

($ million) At December 31, 2013 Additions Divestitures Translation differences and other changes At December 31, 2014 Goodwill 3,163 - - (22) 3,141

Trademarks and other intangible assets with indefinite useful lives 293 2 - - 295 Development costs externally acquired 1,183 115 - (232) 1,066 Development costs internally generated 4,271 561 (49) (310) 4,473 Total Development costs 5,454 676 (49) (542) 5,539 Patents, concessions and licenses externally acquired 992 43 - (65) 970 Other intangible assets externally acquired 736 69 (1) 22 826 Advances and intangible assets in progress externally acquired 29 14 - (25) 18 Total gross carrying amount of Intangible assets 10,667 804 (50) (632) 10,789

($ million) At December 31, 2012 Additions Divestitures Translation differences and other changes At December 31, 2013 Goodwill 3,197 - - (34) 3,163

Trademarks and other intangible assets with indefinite useful lives 293 - - - 293 Development costs externally acquired 983 150 - 50 1,183 Development costs internally generated 3,602 609 (18) 78 4,271 Total Development costs 4,585 759 (18) 128 5,454 Patents, concessions and licenses externally acquired 940 20 (1) 33 992 Other intangible assets externally acquired 655 69 (25) 37 736 Advances and intangible assets in progress externally acquired 15 17 - (3) 29 Total gross carrying amount of Intangible assets 9,685 865 (44) 161 10,667

In 2014 and in 2013 changes in accumulated amortization and impairment losses were as follows:

($ million)

At December 31,

2013 Amortization Impairment losses Divestitures

Translation differences and other changes At December 31, 2014 Goodwill 649 - - - (2) 647

Trademarks and other intangible assets with indefinite useful lives 60 - - - - 60 Development costs externally acquired 648 70 12 - (93) 637 Development costs internally generated 1,944 350 13 (35) (189) 2,083 Total Development costs 2,592 420 25 (35) (282) 2,720 Patents, concessions and licenses externally acquired 806 48 - - (71) 783 Other intangible assets externally acquired 514 60 - - (26) 548 Advances and intangible assets in progress externally acquired - - - - Total accumulated amortization and impairment of Intangible assets 4,621 528 25 (35) (381) 4,758

($ million)

At December 31,

2012 Amortization Impairment losses Divestitures

Translation differences and other changes At December 31, 2013 Goodwill 682 - - - (33) 649

Trademarks and other intangible assets with indefinite useful lives 60 - - - - 60 Development costs externally acquired 519 102 - - 27 648 Development costs internally generated 1,705 214 - (16) 41 1,944 Total Development costs 2,224 316 - (16) 68 2,592 Patents, concessions and licenses externally acquired 728 53 - - 25 806 Other intangible assets externally acquired 484 48 - (21) 3 514 Advances and intangible assets in progress externally acquired - - - - Total accumulated amortization and impairment of Intangible assets 4,178 417 - (37) 63 4,621 In 2014 and in 2013 changes in the net carrying amount of Intangible assets were as follows:

($ million)

At December

31, 2013 Additions Amorti-zation Impairment losses Divesti-tures

Translation differences and other changes At December 31, 2014 Goodwill 2,514 - - - - (20) 2,494

Trademarks and other intangible assets with indefinite useful lives 233 2 - - - - 235 Development costs externally acquired 535 115 (70) (12) - (139) 429 Development costs internally generated 2,327 561 (350) (13) (14) (121) 2,390 Total Development costs 2,862 676 (420) (25) (14) (260) 2,819 Patents, concessions and licenses externally acquired 186 43 (48) - - 6 187 Other intangible assets externally acquired 222 69 (60) - (1) 48 278 Advances and intangible assets in progress externally acquired 29 14 - - - (25) 18 Total net carrying amount of Intangible assets 6,046 804 (528) (25) (15) (251) 6,031

($ million)

At December

31, 2012 Additions Amorti-zation Impairment losses Divesti-tures

Translation differences and other changes At December 31, 2013 Goodwill 2,515 - - - - (1) 2,514

Trademarks and other intangible assets with indefinite useful lives 233 - - - 233 Development costs externally acquired 464 150 (102) - - 23 535 Development costs internally generated 1,897 609 (214) - (2) 37 2,327 Total Development costs 2,361 759 (316) - (2) 60 2,862 Patents, concessions and licenses externally acquired 212 20 (53) - (1) 8 186 Other intangible assets externally acquired 171 69 (48) - (4) 34 222 Advances and intangible assets in progress externally acquired 15 17 - - - (3) 29 Total net carrying amount of Intangible assets 5,507 865 (417) - (7) 98 6,046 Foreign exchange losses of $327 million in 2014 (gains of $54 million in 2013) principally reflect the devaluation of the euro against the U.S. dollar.