Summary of Results

Economic data (million euros)20132012ChangeChange %
         
Consolidated net revenue 3,570.6 3,612.7 (42.1) (1.1%)
Consolidated operating costs 2,804.6 2,917.3 (112.8) (3.9%)
Net income/(costs) from commodity risk management 0.1 (0.2) 0.3 (150.0%)
EBITDA 766.1 695.2 70.1 10.2%
EBIT 383.8 293.8 90.0 30.7%
Net profit/(loss) 153.3 85.3 68.0 79.7%
Profit/(loss) attributable to minority interests 11.3 7.9 3.4 43.3%
Net profit/(loss) attributable to the Group 141.9 77.4 64.6 83.0%

EBITDA per Operating segment (million euros)20132012ChangeChange %
ENVIRONMENT 48.4 49.3 (0.9) (1.9%)
ENERGY 90.7 61.0 29.7 48.6%
Production 37.7 31.4 6.3 20.0%
Energy management 2.1 (10.0) 12.0 120.0%
Sales 50.9 39.6 11.3 28.5%
Water: 372.5 340.6 31.9 9.4%
Overseas 4.8 10.2 (5.4) (53.1%)
Lazio - Campania 253.8 257.6 (3.9) (1.5%)
Toscana - Umbria 105.5 62.4 43.1 69.0%
Engineering 8.5 10.4 (1.9) (18.3%)
NETWORKS 257.3 260.7 (3.4) (1.3%)
ACEA (Corporate) (2.8) (16.5) 13.7 83.0%
Total EBITDA 766.1 695.2 70.9 10.2%

Consolidated balance sheet data (million euros)20132012Change %
    restated  
Net Invested Capital 3,873.6 3,811.5 1.6%
Net Debt (2,468.2) (2,495.5) (1.1%)
Consolidated Shareholders’ Equity (1,405.4) (1,316.1) 6.8%
 

The consolidated balance sheet data at 31 December 2012 differs to that published due to the amendments made to international accounting standards IAS 19 coming into effect.

Net Debt per Operating Segment (million euros)20132012Change
ENVIRONMENT 184.6 188.9 (4.4)
ENERGY 297.4 332.6 (35.2)
Production 140.7 162.8 (22.2)
Energy management (33.2) (59.7) 26.5
Sales 190.0 229.5 (39.5)
WATER 831.8 738.7 93.1
Overseas (8.6) (6.6) (1.9)
Lazio - Campania 627.9 531.4 96.5
Toscana - Umbria 209.6 210.9 (1.3)
Engineering 2.9 3.0 (0.1)
NETWORKS 687.5 728.1 (40.6)
ACEA (includes also public lighting) 466.9 507.2 (40.3)
Total 2,468.2 2,495.5 (27.3)

Investments per Operating Segment (million euros) 20132012Change
ENVIRONMENT 1 12.2 37.5 (25.3)
ENERGY 11.4 27.1 (15.7)
Production 5.2 19.3 (14.0)
Energy management 0.2 0.5 (0.4)
Sales 6.0 7.3 (1.3)
WATER 202.5 224.4 (21.8)
Overseas 0.2 0.3 (0.1)
Lazio - Campania 134.3 152.1 (17.8)
Toscana - Umbria 67.5 71.0 (3.5)
Engineering 0.5 1.0 (0.5)
NETWORKS 104.1 101.9 2.3
ACEA (Corporate) 11.9 9.8 2.1
Total 342.1 400.7 (58.6)
Purchase of offices 0 112.5 (112.5)
Total 342.2 513.1 (171.0)

1  2013 investments in the Environment Segment do not include the takeover of Samace with an investment of approximately 5 million euros