Changes in shareholders’ equity

(€ million)

 

 

Shareholders’ equity at December 31, 2012

 

62,558

Total comprehensive income

2,923

 

Dividends distributed to Eni’s shareholders

(3,949)

 

Dividends distributed by consolidated subsidiaries

(251)

 

Stock options expired

(13)

 

Effect of changes in consolidation on non-controlling interests

(23)

 

Acquisition of non-controlling interest relating to Tigáz Zrt

(28)

 

Other changes

(43)

 

Total changes

 

(1,384)

Shareholders’ equity at December 31, 2013

 

61,174

Attributable to:

 

 

- Eni’s shareholders

 

58,210

- Non-controlling interest

 

2,964

Shareholders’ equity including non-controlling interest was €61,174 million, representing a decrease of €1,384 million from December 31, 2012. This was due to comprehensive income for the year (€2,923 million) as a result of net profit (€4,972 million), which was partly offset by foreign currency translation differences (€1,871 million). This addition to equity was almost completely offset by dividend payments to Eni’s shareholders and other changes for €4,307 million (dividend payments to Eni’s shareholders of €3,949 million, including the 2013 interim dividend, and dividends paid to non-controlling interest of Saipem and other subsidiaries).