You are here: Home Sitemap Sitemap Annual Report Operating and financial review Eni worldwide presence Our business model Eni’s activities Letter to shareholders Profile of the year The competitive environment Our strategy Risk Management Governance Operating review Exploration & Production Reserves Oil and natural gas production Productive wells Drilling Acreage Main exploration and development projects Capital expenditure Gas & Power Marketing Capital expenditure Refining & Marketing Supply and Trading Refining Marketing of refined products Capital expenditure Versalis Sales – production – prices Business trends Capital expenditure Engineering & Construction Activity areas Capital expenditure Financial review and other information Profit and loss account Analysis of profit and loss account items Divisional performance Reconciliation of reported operating profit and reported net profit to results on an adjusted basis Summarized Group Balance Sheet Leverage and net borrowings Comprehensive income Changes in shareholders’ equity Reconciliation of net profit and shareholders’ equity of the parent company Eni SpA to consolidated net profit and shareholders’ equity Summarized Group Cash Flow Statement Risk factors and uncertainties Competition Safety, security, environmental and other operational risk Risks associated with the exploration and production of oil and natural gas Political considerations Risks in the Company’s Gas & Power business Risks associated with sector-specific regulations in Italy Environmental, health and safety regulation Risks related to changes in the price of oil, natural gas, refined products and chemicals Outlook Other information Consolidated Financial Statements Financial Statements Balance sheet Profit and loss account Statement of comprehensive income Statements of changes in shareholders' equity Statement of cash flows Notes to the Consolidated Financial Statements General information 1 Basis of presentation 2 Principles of consolidation 3 Summary of significant accounting policies 4 Financial statements and changes in accounting policies 5 Use of accounting estimates 6 Recent accounting standards Current assets 7 Cash and cash equivalents 8 Financial assets held for trading 9 Financial assets available for sale 10 Trade and other receivables 11 Inventories 12 Current tax assets 13 Other current tax assets 14 Other current assets Non-current assets 15 Property, plant and equipment 16 Inventory - compulsory stock 17 Intangible assets 18 Investments 19 Other financial assets 20 Deferred tax assets 21 Other non-current receivables Current liabilities 22 Short-term debt 23 Trade and other payables 24 Income taxes payable 25 Other taxes payable 26 Other current liabilities Non-current liabilities 27 Long-term debt and current maturities of long-term debt 28 Provisions for contingencies 29 Provisions for employee benefits 30 Deferred tax liabilities 31 Other non-current liabilities 32 Assets held for sale and liabilities directly associated with assets held for sale 33 Shareholders’ equity 34 Other information 35 Guarantees, commitments and risks Income Statement 36 Revenues 37 Operating expenses 38 Finance income (expense) 39 Income (expense) from investments 40 Income taxes 41 Earnings per share Other notes 42 Information by industry segment and geographic financial information 43 Transactions with related parties 44 Significant non-recurring events and operations 45 Positions or transactions deriving from atypical and/or unusual operations 46 Subsequent events Supplemental oil and gas information Capitalized costs Costs incurred Results of operations from oil and gas producing activities Oil and natural gas reserves Crude oil (including condensate and natural gas liquids) Natural Gas Standardized measure of discounted future net cash flows Changes in standardized measure of discounted future net cash flows List of Eni’s subsidiaries Consolidated Sustainability Notes on the Consolidated Sustainability Statements Preparation criteria Disclosure on management approach Stakeholder engagement Governance Board of Directors Shareholders The internal control and risk management system Management of reports Added value Customers and Consumers People People safety People health Employment International development Equal opportunities Enhancing people Training Involving people Industrial relations Employment disputes Territory Spending for the territory Community Investment Sponsorship for the territory Local content Suppliers Business ethics Transparency over payments Human rights Innovation Technological innovation Knowledge management Environment The environmental management system Climate change Energy efficiency Other emissions into the atmosphere Reclamation Protection of water resources and biodiversity Oil Spills Waste from production activities Management’s certification Report of Independent Auditors Independent Assurance Report Top of page