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2011 |
(€ million) |
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Other |
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Discontinued |
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Exploration & Production |
Gas & Power (a) |
Refining |
Versalis |
Engineering & Construction |
Corporate and |
Snam |
Other activities |
Impact of unrealized |
Group |
Snam |
Consolidation |
Total |
Continuing |
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Reported operating profit |
15,887 |
(326) |
(273) |
(424) |
1,422 |
(319) |
2,084 |
(427) |
(189) |
17,435 |
(2,084) |
1,452 |
(632) |
16,803 |
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Exclusion of inventory holding (gains) losses |
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(166) |
(907) |
(40) |
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(1,113) |
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(1,113) |
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Exclusion of special items |
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of which: |
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Non-recurring (income) charges |
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10 |
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59 |
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69 |
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69 |
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Other special (income) charges: |
188 |
245 |
641 |
181 |
21 |
53 |
27 |
142 |
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1,498 |
(27) |
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(27) |
1,471 |
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environmental charges |
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34 |
1 |
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10 |
141 |
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186 |
(10) |
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(10) |
176 |
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net asset impairments |
190 |
154 |
488 |
160 |
35 |
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(9) |
4 |
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1,022 |
9 |
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9 |
1,031 |
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gains on disposal of assets |
(63) |
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10 |
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4 |
(1) |
(4) |
(7) |
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(61) |
4 |
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4 |
(57) |
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risk provisions |
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77 |
8 |
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(6) |
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9 |
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88 |
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88 |
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provision for redundancy incentives |
44 |
34 |
81 |
17 |
10 |
9 |
6 |
8 |
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209 |
(6) |
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(6) |
203 |
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commodity derivatives |
1 |
45 |
(3) |
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(28) |
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15 |
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15 |
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exchange rate differences and derivatives |
(2) |
(82) |
(4) |
3 |
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(85) |
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(85) |
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other |
18 |
17 |
27 |
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51 |
24 |
(13) |
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124 |
(24) |
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(24) |
100 |
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Special items of operating profit |
188 |
245 |
641 |
191 |
21 |
53 |
27 |
201 |
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1,567 |
(27) |
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(27) |
1,540 |
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Adjusted operating profit |
16,075 |
(247) |
(539) |
(273) |
1,443 |
(266) |
2,111 |
(226) |
(189) |
17,889 |
(2,111) |
1,452 |
(659) |
17,230 |
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Net finance (expense) income (b) |
(231) |
43 |
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(876) |
19 |
5 |
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(1,040) |
(19) |
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(19) |
(1,059) |
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Net income(expense) from investments (b) |
624 |
363 |
99 |
|
95 |
1 |
44 |
(3) |
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1,223 |
(44) |
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(44) |
1,179 |
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Income taxes (b) |
(9,603) |
93 |
176 |
67 |
(440) |
388 |
(918) |
(1) |
78 |
(10,160) |
918 |
(195) |
723 |
(9,437) |
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Tax rate (%) |
58.3 |
.. |
.. |
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28.6 |
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42.2 |
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56.2 |
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54.4 |
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Adjusted net profit |
6,865 |
252 |
(264) |
(206) |
1,098 |
(753) |
1,256 |
(225) |
(111) |
7,912 |
(1,256) |
1,257 |
1 |
7,913 |
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of which attributable to: |
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- non-controlling interest |
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943 |
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32 |
975 |
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- Eni’s shareholders |
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6,969 |
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(31) |
6,938 |
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Reported net profit attributable to Eni’s shareholders |
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6,860 |
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42 |
6,902 |
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Exclusion of inventory holding (gains) losses |
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(724) |
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(724) |
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Exclusion of special items: |
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833 |
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(73) |
760 |
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- non-recurring charges |
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69 |
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69 |
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- other special (income) charges |
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|
764 |
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(73) |
691 |
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Adjusted net profit attributable to Eni’s shareholders |
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6,969 |
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(31) |
6,938 |
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