Gas & Power

In 2013, the Gas & Power Division reported an adjusted operating loss of €246 million, with a decrease of €719 million reflecting raising competitive pressure with plummeting sale prices and margins in Italy, which effects were exacerbated by minimum off-take obligations provided by long-term supply contracts. Benefit from supply portfolio renegotiation amounted to €1.4 billion.

Gas sales were 93.17 bcm with reduction in the main markets, driven by lower demand and increasing competition.

(XLS:) Download table

Key performance indicators (*)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2009

2010

2011

2012

2013

(*)

Following the divestment of the Regulated Businesses in Italy, results of the Gas & Power Division include Marketing and International transport activities. Reference periods have been restated accordingly.

(a)

Before elimination of intragroup sales.

(b)

Include volumes marketed by the Exploration & Production Division of 2.61 bcm (6.17, 5.65, 2.86 and 2.73 bcm in 2009, 2010, 2011 and 2012 respectively).

(c)

Refer to LNG sales of the Gas & Power Division (included in worldwide gas sales) and the Exploration & Production Division.

(d)

2013 figure is calculated as the average of the CSS detected by the AEEG in the first half of 2013 and the result detected by the Eni satisfaction survey in the second half of 2013.

Employees injury frequency rate

(no. of accidents per million of worked hours)

3.15

3.97

2.44

1.84

1.31

Contractors injury frequency rate

 

2.32

4.00

5.22

3.64

1.81

Net sales from operations (a)

(€ million)

29,272

27,806

33,093

36,200

32,124

Operating profit

 

1,914

896

(326)

(3,219)

(2,992)

Adjusted operating profit

 

2,022

1,268

(247)

354

(663)

Marketing

 

1,721

923

(657)

47

(837)

International transport

 

301

345

410

309

174

Adjusted net profit

 

892

1,267

252

473

(246)

EBITDA proforma adjusted

 

2,975

2,562

949

1,316

6

Marketing

 

2,334

1,863

257

858

(311)

International transport

 

641

699

692

458

317

Capital expenditure

 

207

265

192

225

232

Worldwide gas sales (b)

(bcm)

103.72

97.06

96.76

95.32

93.17

LNG sales (c)

 

12.9

15.0

15.7

14.6

12.4

Customers in Italy

(million)

6.88

6.88

7.10

7.45

8.00

Electricity sold

(TWh)

33.96

39.54

40.28

42.58

35.05

Employees at year end

(number)

5,147

5,072

4,795

4,752

4,514

Direct GHG emissions

(mmtonnes CO2eq)

12.40

13.41

12.77

12.70

11.16

Customer satisfaction index (PSC) (d)

(%)

83.7

87.4

88.6

89.8

90.4

Water consumption/withdrawals per KWheq produced (EniPower)

(cm/kWeq)

0.015

0.013

0.014

0.012

0.017