Reconciliation of net profit and shareholders’ equity of the parent company Eni SpA to consolidated net profit and shareholders’ equity

 

Net profit

 

Shareholders’ equity

(€ million)

2012

2013

 

Dec. 31. 2012

Dec. 31. 2013

As recorded in Eni SpA’s financial statements

9,078

4,410

 

40,537

40,733

Excess the net equity stated in the separate accounts of consolidated subsidiaries over the corresponding carring amounts in the statutory accounts of the parent company

261

1,457

 

21,576

21,546

Consolidation adjustment:

 

 

 

 

 

- differences between purchase cost and underlying carrying amounts of net equity

(2,683)

(499)

 

1,503

324

- adjustments to comply with group account policies

1,222

(174)

 

711

605

- elimination of unrealized intercompany profits

638

219

 

(2,652)

(2,639)

- deferred taxation

160

(444)

 

873

323

- other adjustments

 

3

 

10

12

 

8,676

4,972

 

62,558

61,174

Non-controlling interest

(886)

188

 

(3,498)

(2,964)

As recorded in the Consolidated Financial Statements

7,790

5,160

 

59,060

58,210