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SCOPE OF CONSOLIDATION (Tables)
 12 Months Ended
Dec. 31, 2019
Scope of Consolidation [Abstract]  
Disclosure of scope of consolidation
 
At December 31,
 
2019
 
2018
 
(€ thousand)
Equity attributable to non-controlling interests
5,998

 
5,117

 
For the years ended December 31,
 
2019
 
2018
 
2017
 
(€ thousand)
Net profit attributable to non-controlling interests
2,890

 
1,949

 
2,003

The Group’s scope of consolidation at December 31, 2019 and 2018 was as follows:
 
 
 
 
 
 
At December 31, 2019
 
At December 31, 2018
Name
 
Country
 
Nature of business
 
Shares held by the Group
 
Shares held by NCI
 
Shares held by the Group
 
Shares held by NCI
Directly held interests
 
 
 
 
 
 
 
 
 
 
 
 
Ferrari S.p.A.
 
Italy
 
Manufacturing
 
100
%
 
—
%
 
100
%
 
—
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Indirectly held through Ferrari S.p.A.
 
 
 
 
 
 
 
 
 
 
 
 
Ferrari North America Inc.
 
USA
 
Importer and distributor
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Japan KK
 
Japan
 
Importer and distributor
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Australasia Pty Limited
 
Australia
 
Importer and distributor
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari (HK) Limited
 
Hong Kong
 
Importer and distributor
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari International Cars Trading (Shanghai) Co. L.t.d.
 
China
 
Importer and distributor
 
80
%
 
20
%
 
80
%
 
20
%
Ferrari Far East Pte Limited
 
Singapore
 
Service company
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Management Consulting (Shanghai) Co. L.t.d.
 
China
 
Service company
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari South West Europe S.a.r.l.
 
France
 
Service company
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Central Europe GmbH (1)
 
Germany
 
Service company
 
100
%
 
—
%
 
100
%
 
—
%
G.S.A. S.A.
 
Switzerland
 
Service company
 
100
%
 
—
%
 
100
%
 
—
%
Mugello Circuit S.p.A.
 
Italy
 
Racetrack management
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Financial Services Inc.
 
USA
 
Financial services
 
100
%
 
—
%
 
100
%
 
—
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Indirectly held through other Group entities
 
 
 
 
 
 
 
 
 
 
 
 
Ferrari Auto Securitization Transaction, LLC (2)
 
USA
 
Financial services
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Auto Securitization Transaction - Lease, LLC (2)
 
USA
 
Financial services
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Auto Securitization Transaction - Select, LLC (2)
 
USA
 
Financial services
 
100
%
 
—
%
 
100
%
 
—
%
Ferrari Financial Services Titling Trust (2)
 
USA
 
Financial services
 
100
%
 
—
%
 
100
%
 
—
%
410, Park Display Inc. (3)
 
USA
 
Retail
 
100
%
 
—
%
 
100
%
 
—
%
_____________________________
(1)
Changed its name from Ferrari Central East Europe GmbH to Ferrari Central Europe GmbH, effective December 2, 2019.
(2)
Shareholding held by Ferrari Financial Services Inc.
(3)
Shareholding held by Ferrari North America Inc.