36 Revenues
Following is a summary of the main components of “Revenues”.
Net sales from operations
|
(€ million) |
2011 |
2012 |
2013 |
|
Revenues from sales and services |
107,248 |
126,482 |
114,547 |
|
Change in contract work in progress |
442 |
738 |
175 |
|
|
107,690 |
127,220 |
114,722 |
Revenues from sales and services were stated net of the following items:
|
(€ million) |
2011 |
2012 |
2013 |
|
Excise taxes |
11,863 |
13,308 |
12,204 |
|
Exchanges of oil sales (excluding excise taxes) |
2,470 |
2,177 |
2,018 |
|
Services billed to joint venture partners |
3,375 |
4,422 |
5,459 |
|
Sales to service station managers for sales billed to holders of credit cards |
1,810 |
2,010 |
1,909 |
|
Exchanges of other products |
9 |
|
|
|
|
19,527 |
21,917 |
21,590 |
Revenues from sales and services of €114,547 million (€107,248 million and €126,482 million in 2011 and 2012, respectively) included revenues recognized in connection with contract works in the Engineering & Construction segment for €10,413 million (€10,510 million and €10,914 million in 2011 and 2012, respectively), of which €926 million related to additional considerations under negotiation (additional consideration measured on the base of the stage of completion for a total amount of €1,018 million as of December 31, 2012).
Net sales from operations by industry segment and geographic area of destination are disclosed in Note 42 – Information by industry segment and geographic financial information.
Net sales from operations with related parties are disclosed in Note 43 – Transactions with related parties.
Other income and revenues
|
(€ million) |
2011 |
2012 |
2013 |
||
|
|||||
|
Gains from sale of assets |
97 |
701 |
369 |
||
|
Lease and rental income |
96 |
94 |
87 |
||
|
Compensation for damages |
66 |
56 |
65 |
||
|
Gains on price adjustments under overlifting/underlifting transactions |
99 |
67 |
44 |
||
|
Contract penalties and other trade revenues |
21 |
69 |
35 |
||
|
Other proceeds (*) |
547 |
559 |
785 |
||
|
|
926 |
1,546 |
1,385 |
||
Gains from sale of assets of €369 million related for €350 million to the Exploration & Production segment.
Other income and revenues with related parties are disclosed in Note 43 – Transactions with related parties.
