42 Information by industry segment and geographic financial information

Other activities ^(d)

Discontinued operations ^(d)

(€ million)

Exploration & Production

Gas & Power ^(d)

Refining & Marketing

Versalis

Engi-
neering
& Con-
struction

Corpo-
rate and
financial
com-
panies

Snam

Others

Intra-
group profits

Total

Snam

Intra-
group
elimi-
nations

Continuing operations

(a)	Before elimination of intersegment sales.
(b)	Includes assets directly associated with the generation of operating profit.
(c)	Includes liabilities directly associated with the generation of operating profit.
(d)	The results of Snam has been reclassified from the “Gas & Power” segment to “Other activities” segment and in the discontinued operations.

2011

Net sales from operations ^(a)

29,121

33,093

51,219

6,491

11,834

1,365

3,591

85

(54)

Less: intersegment sales

(18,444)

(1,344)

(2,791)

(289)

(1,324)

(1,249)

(1,692)

(23)

Net sales to customers

10,677

31,749

48,428

6,202

10,510

116

1,899

62

(54)

109,589

(1,899)

107,690

Operating profit

15,887

(326)

(273)

(424)

1,422

(319)

2,084

(427)

(189)

17,435

(2,084)

1,452

16,803

Provisions for contingencies

53

113

57

11

79

13

24

201

551

(24)

527

Depreciation, amortization and impairments

6,440

567

839

250

631

75

533

6

(23)

9,318

(533)

8,785

Share of profit (loss) of equity-accounted investments

119

232

100

95

(1)

44

(45)

544

(44)

500

Identifiable assets ^(b)

56,139

18,708

15,031

3,066

13,521

810

17,649

378

(1,060)

124,242

Unallocated assets

18,703

Equity-accounted investments

2,317

1,990

890

38

179

7

385

37

5,843

Identifiable liabilities ^(c)

13,844

8,428

5,972

761

5,437

1,095

2,465

3,020

(54)

40,968

Unallocated liabilities

41,584

Capital expenditures

9,435

192

866

216

1,090

128

1,529

10

(28)

13,438

2012

Net sales from operations ^(a)

35,881

36,200

62,656

6,418

12,771

1,369

2,646

119

(75)

Less: intersegment sales

(20,322)

(2,031)

(2,966)

(411)

(1,107)

(1,242)

(1,274)

(40)

Net sales to customers

15,559

34,169

59,690

6,007

11,664

127

1,372

79

(75)

128,592

(1,372)

127,220

Operating profit

18,470

(3,219)

(1,296)

(681)

1,442

(341)

1,679

(300)

208

15,962

(1,679)

788

15,071

Provisions for contingencies

41

471

93

22

36

140

72

68

943

(72)

871

Depreciation, amortization and impairments

8,535

2,899

1,174

202

708

65

284

3

(25)

13,845

(284)

13,561

Share of profit (loss) of equity-accounted investments

39

144

40

2

55

(1)

38

(1)

316

(38)

278

Identifiable assets ^(b)

59,254

19,736

14,818

3,151

14,430

966

474

(776)

112,053

Unallocated assets

27,825

Equity-accounted investments

2,159

1,549

273

50

189

6

36

4,262

Identifiable liabilities ^(c)

16,170

10,208

6,243

750

5,210

1,185

2,954

21

42,741

Unallocated liabilities

34,579

Capital expenditures

10,307

225

842

172

1,011

152

756

14

38

13,517