Main data

Key financial data

Key financial data (a)

(€ million)

2004

2005

2006

2007

2008

2009

2010

2011

2012 (b)

2013

(a)

Following the divestment of Regulated Businesses in Italy, results of Snam have been accounted as “discontinued operations”. Results for the 2008-2011 period have been restated accordingly.

(b)

2012 figures have been restated following the adoption of the International Accounting Standard (IAS) 19 “Employees benefits”, effective since January 1, 2013.

 

 

 

 

 

 

 

 

 

 

 

Net sales from operations

57,498

73,692

86,071

87,204

108,082

83,227

98,523

109,589

128,592

114,722

of which: continuing operations

 

 

 

 

106,978

81,932

96,617

107,690

127,220

114,722

Group operating profit

12,399

16,664

19,336

18,739

18,517

12,055

16,111

17,435

15,962

8,856

Special items

(448)

(1,210)

88

(620)

2,034

1,295

2,290

1,567

4,795

3,046

Profit (loss) on stock

631

1,942

1,059

885

936

(345)

(881)

(1,113)

(17)

716

Group adjusted operating profit

12,582

17,396

20,483

19,004

21,487

13,005

17,520

17,889

20,740

12,618

Adjusted operating profit – continuing operations

 

 

 

 

21,322

12,722

16,845

17,230

19,798

12,618

Exploration & Production

8,202

12,649

15,521

13,770

17,166

9,489

13,898

16,075

18,537

14,646

Gas & Power

3,448

3,783

4,117

4,414

1,778

2,022

1,268

(247)

356

(663)

Refining & Marketing

923

1,210

794

292

555

(381)

(181)

(539)

(321)

(482)

Versalis

263

261

219

116

(382)

(441)

(96)

(273)

(483)

(386)

Engineering & Construction

215

314

508

840

1,041

1,120

1,326

1,443

1,474

(84)

Other activities

(223)

(296)

(299)

(207)

(244)

(258)

(205)

(226)

(222)

(210)

Corporate and financial companies

(187)

(384)

(244)

(195)

(282)

(342)

(265)

(266)

(325)

(332)

Impact of unrealized intragroup profit elimination and consolidation adjustments

(59)

(141)

(133)

(26)

1,690

1,513

1,100

1,263

782

129

Adjusted operating profit – discontinued operations

 

 

 

 

165

283

675

659

942

 

Group net profit

7,059

8,788

9,217

10,011

8,825

4,367

6,318

6,860

7,790

5,160

of which: continuing operations

 

 

 

 

8,996

4,488

6,252

6,902

4,200

5,160

discontinued operations

 

 

 

 

(171)

(121)

66

(42)

3,590

 

Group adjusted net profit

6,645

9,251

10,401

9,569

10,164

5,207

6,869

6,969

7,325

4,433

of which: continuing operations

 

 

 

 

10,315

5,321

6,770

6,938

7,130

4,433

discontinued operations

 

 

 

 

(151)

(114)

99

31

195

 

Net cash provided by operating activities

12,500

14,936

17,001

15,517

21,801

11,136

14,694

14,382

12,371

10,969

of which: continuing operations

 

 

 

 

21,506

10,755

14,140

13,763

12,356

10,969

discontinued operations

 

 

 

 

295

381

554

619

15

 

Capital expenditure

7,499

7,414

7,833

10,593

14,562

13,695

13,870

13,438

13,517

12,750

of which: continuing operations

 

 

 

 

12,935

12,216

12,450

11,909

12,761

12,750

discontinued operations

 

 

 

 

1,627

1,479

1,420

1,529

756

 

Shareholders’ equity including non-controlling interests

35,540

39,217

41,199

42,867

48,510

50,051

55,728

60,393

62,558

61,174

Net borrowings

10,443

10,475

6,767

16,327

18,376

23,055

26,119

28,032

15,511

15,428

Leverage

0.29

0.27

0.16

0.38

0.38

0.46

0.47

0.46

0.25

0.25

Net capital employed

45,983

49,692

47,966

59,194

66,886

73,106

81,847

88,425

78,069

76,602

Exploration & Production

16,770

19,109

17,783

23,826

31,362

32,455

37,646

42,024

42,394

45,721

Gas & Power

19,554

20,075

19,713

21,333

9,636

11,024

12,931

12,367

11,124

9,735

Snam

 

 

 

 

11,918

13,730

14,415

15,393

 

 

Refining & Marketing

5,081

5,993

5,631

7,675

7,379

8,105

8,321

9,188

8,846

7,969

Versalis

2,076

2,018

1,953

2,228

1,915

1,774

1,978

2,252

2,557

2,656

Engineering & Construction

2,403

2,844

3,399

4,313

5,022

6,566

7,610

8,217

9,992

9,616

Corporate financial companies and other activities

277

2

(95)

294

24

(192)

(527)

(393)

3,659

1,382

Impact of unrealized intragroup profit elimination

(178)

(349)

(418)

(475)

(370)

(356)

(527)

(623)

(503)

(477)

Key market indicators

Key market indicators

 

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

(a)

In US dollars per barrel. Source: Platt’s Oilgram.

(b)

Source: ECB.

(c)

In US dollars per barrel FOB Mediterranean Brent dated crude oil. Source: Eni calculations based on Platt’s Oilgram data.

 

 

 

 

 

 

 

 

 

 

 

 

Average price of Brent dated crude oil (a)

 

38.22

54.38

65.14

72.52

96.99

61.51

79.47

111.27

111.58

108.66

Average EUR/USD exchange rate (b)

 

1.244

1.244

1.256

1.371

1.471

1.393

1.327

1.392

1.285

1.328

Average price in euro of Brent dated crude oil

 

30.72

43.71

51.86

52.90

65.93

44.16

59.89

79.94

86.83

81.82

Average European refining margin (c)

 

4.35

5.78

3.79

4.52

6.49

3.13

2.66

2.06

4.83

2.64

Average European refining margin Brent/Ural (c)

 

7.03

8.33

6.50

6.45

8.85

3.56

3.47

2.90

4.94

2.60

Euribor - three-month euro rate

(%)

2.1

2.2

3.1

4.3

4.6

1.2

0.8

1.4

0.6

0.2

Selected operating data

Selected operating data

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

(a)

Following the divestment of Regulated Businesses in Italy, data for the year 2012 do not include Snam contribution. Results for the 2008-2011 period have been restated accordingly.

(b)

Net of general and administrative costs.

Corporate (a)

 

 

 

 

 

 

 

 

 

 

 

Employees at period end

(number)

71,572

71,773

72,850

75,125

71,714

71,461

73,768

72,574

77,838

82,289

of which: - women

 

10,326

10,620

10,841

10,977

11,611

11,955

12,161

12,542

12,860

13,601

- outside Italy

 

32,691

34,036

35,818

38,634

41,971

42,633

45,967

45,516

51,034

55,507

Female managers

(%)

12.5

12.4

13.5

14.1

16.3

17.3

18.0

18.5

18.9

19.4

Employees injury frequency rate

(number of accidents per million of worked hours)

3.99

2.74

2.45

1.93

1.22

0.84

0.80

0.65

0.57

0.40

Contractors injury frequency rate

 

7.84

2.59

1.54

1.45

1.09

0.97

0.71

0.57

0.45

0.32

Fatality index

(fatal injuries per one hundred millions of worked hours)

5.64

3.38

2.31

2.97

2.75

1.20

4.77

1.94

1.10

0.98

Oil spills due to operations

(barrels)

7,813

6,908

6,151

6,731

4,749

6,259

4,269

7,295

3,759

1,901

Direct GHG emission

(mmtonnes CO2eq)

58.34

61.85

60.72

67.25

59.59

55.49

58.26

49.13

52.50

47.30

R&D expenditure (b)

(€ million)

257

204

222

208

211

233

218

190

211

197

Exploration & Production

 

 

 

 

 

 

 

 

 

 

Proved reserves of hydrocarbons

(mmboe)

7,218

6,837

6,436

6,370

6,600

6,571

6,843

7,086

7,166

6,535

Reserve life index

(years)

12.1

10.8

10.0

10.0

10.0

10.2

10.3

12.3

11.5

11.1

Production of hydrocarbons

(kboe/d)

1,624

1,737

1,770

1,736

1,797

1,769

1,815

1,581

1,701

1,619

Gas & Power

 

 

 

 

 

 

 

 

 

 

 

Sales of consolidated companies (including own consumption)

(bcm)

76.49

82.62

85.76

84.83

89.32

89.60

82.00

84.05

84.30

83.60

Sales of Eni’s affiliates (Eni’s share)

 

5.84

7.08

7.65

8.74

8.91

7.95

9.41

9.85

8.29

6.96

Total sales and own consumption (G&P)

 

82.33

89.70

93.41

93.57

98.23

97.55

91.41

93.90

92.59

90.56

E&P sales in Europe and in the Gulf of Mexico

 

4.70

4.51

4.69

5.39

6.00

6.17

5.65

2.86

2.73

2.61

Worldwide gas sales

 

87.03

94.21

98.10

98.96

104.23

103.72

97.06

96.76

95.32

93.17

Electricity sold

(TWh)

16.95

27.56

31.03

33.19

29.93

33.96

39,54

40.28

42.58

35.05

Refining & Marketing

 

 

 

 

 

 

 

 

 

 

Throughputs on own account

(mmtonnes)

37.69

38.79

38.04

37.15

35.84

34.55

34,80

31.96

30.01

27.38

Balanced capacity of wholly-owned refineries

(kbbl/d)

504

524

534

544

737

747

757

767

767

787

Sales of refined products

(mmtonnes)

53.54

51.63

51.13

50.15

49.16

45.59

46.80

45.02

48.33

43.49

Retail sales in Europe

 

14.40

12.42

12.48

12.65

12.03

12.02

11,73

11.37

10.87

9.69

Service stations at year end

(units)

9,140

6,282

6,294

6,440

5,956

5,986

6,167

6,287

6,384

6,386

Average throughput per service station

(kliters/y)

1,970

2,479

2,470

2,486

2,502

2,477

2,353

2,206

2,064

1,828

Versalis

 

 

 

 

 

 

 

 

 

 

 

Production

(ktonnes)

7,118

7,282

7,072

8,795

7,372

6,521

7,220

6,245

6,090

5,817

of which: - Intermediates

4,236

4,450

4,275

5,688

5,110

4,350

4,860

4,101

3,595

3,462

- Polymers

 

2,882

2,832

2,797

3,107

2,262

2,171

2,360

2,144

2,495

2,355

Average plant utilization rate

(%)

75.2

78.4

76.4

80.6

68.6

65.4

72.9

65.3

66.7

65.3

Engineering & Construction

 

 

 

 

 

 

 

 

 

 

Orders acquired

(€ million)

5,784

8,395

11,172

11,845

13,860

9,917

12,935

12,505

13,391

10,653

Order backlog at year end

8,521

10,122

13,191

15,390

19,105

18,370

20,505

20,417

19,739

17,514

Share data

Share data

 

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

(*)

Following the divestment of Regulated Businesses in Italy, results of Snam have been accounted for as “discontinued operations”, based on IFRS 5. Results for the 2008-2011 period have been restated accordingly. Net profit refers to results of continuing operations as reported in Eni consolidated Annual Report.

(a)

Calculated on the average number of Eni shares outstanding during the year.

(b)

Pertaining to Eni’s shareholders.

(c)

Ratio between dividend of the year and average share price in December.

(d)

One ADR represents 2 shares. Net profit, dividends and cash flow data were converted using average exchange rates. Dividends data were converted at the Noon Buying Rate of the pay-out date.

(e)

Calculated by excluding own shares in portfolio.

Net profit (a) (b)

(€)

1.87

2.34

2.49

2.73

2.43

1.21

1.74

1.89

2.15

1.42

Net profit - continuing operations (a) (b) (*)

 

 

 

 

 

2.47

1.24

1.72

1.90

1.16

1.42

Dividend

(€ million)

0.90

1.10

1.25

1.30

1.30

1.00

1.00

1.04

1.08

1.10

Dividend pertaining to the year

 

3,384

4,086

4,594

4,750

4,714

3,622

3,622

3,695

3,840

3,949

Cash flow

(€)

3.31

3.97

4.59

4.23

5.99

3.07

4.06

3.97

3.41

3.52

Dividend yield (c)

(%)

4.9

4.7

5.0

5.3

7.6

5.8

6.1

6.6

5.9

6.5

Net profit per ADR (d) (*)

(US$)

4.66

5.81

6.26

7.49

7.27

3.45

4.59

5.29

2.98

3.77

Dividend per ADR (d)

 

2.17

2.74

3.14

3.56

3.82

2.79

2.65

2.90

2.78

2.83

Cash flow per ADR (d)

 

8.96

9.40

11.53

11.60

17.63

8.56

10.77

11.05

8.77

9.04

Dividend yield per ADR (c)

(%)

5.0

4.7

5.0

5.3

7.6

5.8

6.1

6.6

5.8

4.6

Pay-out

 

48

46

50

47

53

81

57

55

50

77

Number of shares at period-end representing share capital

(million shares)

4,004.4

4,005.4

4,005.4

4,005.4

4,005.4

4,005.4

4,005.4

4,005.4

3,634.2

3,634.2

Average number of shares outstanding in the year (e) (fully diluted)

 

3,771.7

3,763.4

3,701.3

3,669.2

3,638.9

3,622.4

3,622.5

3,622.7

3,622.8

3,622.8

TSR

(%)

28.5

35.3

14.8

3.2

(29.1)

13.7

(2.2)

5.1

22.0

1.3

Share information

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

(a)

Effective January 10, 2006 a 5:2 stock split was made. Previous period’s prices have not been restated.

(b)

Excluding treasury shares.

(c)

Number of outstanding shares by reference price at period end.

 

 

 

 

 

 

 

 

 

 

 

 

Share price - Milan Stock Exchange

 

 

 

 

 

 

 

 

 

 

High

(€)

18.75

24.96

25.73

28.33

26.93

18.35

18.56

18.42

18.70

19.48

Low

 

14.72

17.93

21.82

22.76

13.80

12.30

14.61

12.17

15.25

15.29

Average

 

16.94

21.60

23.83

25.10

21.43

16.59

16.39

15.95

17.18

17.57

End of the period

 

18.42

23.43

25.48

25.05

16.74

17.80

16.34

16.01

18.34

17.49

ADR price (a) - New York Stock Exchange

 

 

 

 

 

 

 

 

 

High

(US$)

126.45

151.35

67.69

78.29

84.14

54.45

53.89

53.74

49.44

52.12

Low

 

92.35

118.50

54.65

60.22

37.22

31.07

35.37

32.98

36.85

40.39

Average

 

105.60

134.02

59.97

68.80

63.38

46.36

43.56

44.41

44.24

46.68

End of the period

 

125.84

139.46

67.28

72.43

47.82

50.61

43.74

41.27

49.14

48.49

Average daily exchanged shares

(million shares)

20.0

28.5

26.2

30.5

28.7

27.9

20.7

22.9

15.6

15.4

Value

(€ million)

338.7

620.7

619.1

773.1

610.4

461.7

336.0

355.0

267.0

271.4

Number of shares outstanding at period end (b)

(million shares)

3,770.0

3,727.3

3,680.4

3,656.8

3,622.4

3,622.4

3,622.7

3,622.7

3,622.8

3,622.8

Market capitalization (c)

 

 

 

 

 

 

 

 

 

 

 

EUR

(billion)

69.4

87.3

93.8

91.6

60.6

64.5

59.2

58.0

66.4

63.4

USD

 

94.9

104.0

123.8

132.4

86.6

91.7

79.2

75.0

87.7

87.4

Data on Eni share placement

1995

1996

1997

1998

2001

(a)

Refers to share capital at December 31, 2013.

 

 

 

 

 

 

 

Offer price

(€/share)

5.42

7.40

9.90

11.80

13.60

Number of share placed

(million shares)

601.9

647.5

728.4

608.1

200.1

of which: through bonus share

 

 

1.9

15.0

24.4

39.6

Percentage of share capital (a)

(%)

15.0

16.2

18.2

15.2

5.0

Proceeds

(€ million)

3.254

4,596

6,869

6,714

2,721

Eni share price in Milan - (December 31, 2010 - April 23, 2014)
Eni share price in Milan (line chart)
Eni ADR price in New York - (December 31, 2010 - April 23, 2014)
Eni ADR price in New York (line chart)
Shareholders distribution by geographic area(*)
Shareholders distribution by geographic area (pie chart)
Class of shareholders(*)
 
Class of shareholders (pie chart)