Key Figures 2024

Eni Annual Report 2024

2024

2023

2022

Financial data

(€ million)

Sales from operations

88,797

93,717

132,512

Operating profit (loss)

5,238

8,257

17,510

Adjusted operating profit (loss)^(a)

10,348

13,805

20,386

Net profit (loss)^(b)

2,624

4,771

13,887

Adjusted net profit (loss)^(c)

5,257

8,322

13,301

Total comprehensive income

5,179

3,309

15,718

Balance Sheet

(€ million)

Total assets at year end

146,939

142,606

152,130

Fixed assets

89,003

83,278

81,041

Net working capital

(14,271)

(13,398)

(13,204)

Capital employed, net

74,276

69,879

67,207

Shareholders’ equity at year end

55,648

53,644

55,230

Net borrowings before lease liabilities ex IFRS 16

12,175

10,899

7,026

Net borrowings post lease liabilities ex IFRS 16

18,628

16,235

11,977

Cash flow

(€ million)

Adjusted net cash before changes in working capital at replacement cost

13,590

16,498

20,380

Net cash provided by operating activities

13,092

15,119

17,460

Capital expenditure

8,485

9,215

8,056

Free cash flow

3,806

3,560

9,656

Cash dividend to Eni's shareholders

3,068

3,046

3,009

Net increase (decrease) in cash and cash equivalents

(2,022)

1,916

Per share data

(€)

Basic earnings (loss) per share

0.79

1.41

3.96

Adjusted net profit (loss) per share^(d)

1.60

2.47

3.78

Share price at year end

13.1

15.40

13.30

Dividend pertaining to the year (€ per share)

1.00

0.94

0.88

Employee data

Employees at year end

(number)

32,492

33,142

32,188

TRIR (Total Recordable Injury Rate)^(e)

(total recordable injuries/worked hours) x 1,000,000

0.67

0.57

0.51

Other financial data

Adjusted Return on average capital employed (ROACE)

(%)

7.6

12.3

22.0

Leverage before IFRS 16

(%)

Debt coverage

(%)

70.3

93.1

145.8

Market capitalization^(f)

(€ billion)

Proforma adjusted EBIT by business segment

(€ million)

Proforma adjusted EBIT

14,322

17,809

25,333

Exploration & Production

13,022

13,538

21,062

Global Gas & LNG Portfolio and Power

1,274

3,599

2,333

Enilive and Plenitude

1,143

1,253

1,473

Refining and Chemicals

(713)

1,161

Corporate and other activities

(526)

(666)

(686)

Impact of unrealized intragroup profit elimination and other consolidation adjustments

122

(10)

(a)	Non-GAAP measures.
(b)	Attributable to Eni’s shareholders.
(c)	Non-GAAP measures. Attributable to Eni’s shareholders.
(d)	Fully diluted. Ratio of net profit/cash flow and average number of shares outstanding in the period. Dollar amounts are converted on the basis of the average EUR/USD exchange rate quoted by Reuters (WMR) for the period presented.
(e)	KPIs refer to 100% of the operated assets, consolidated and unconsolidated, with reference to the operatorship criteria expressed in the standards of the Sustainability Statement. The 2023 and 2022 data are reported accordingly.
(f)	Number of outstanding shares by reference price at year end.