8) ASSETS AND LIABILITIES HELD FOR SALE

SEI S.p.A. is currently developing a project to construct a coal-fired power plant in Saline Joniche using the most advanced technology available at present on the market. The Repower Group signed an agreement to sell part of the project company SEI S.p.A. The sale will take place at a price defined in the agreement. Under IFRS 5 assets and liabilities (disposal group) held for sale are measured at the lower of the carrying amount and fair value less costs to sell. Because the fair value less costs to sell is higher than the carrying amount, there is no need for impairment. In view of the assets and liabilities to be transferred until the transaction is completed, the values listed in the following table as at 30 June are provisional only:

Repower Transportnetz AG was classified as held for sale until 3 January 2013. More information on the completed disposal can be found in the section "Business disposals".