The Snam group scope of consolidation2 as at 31 December 20113 can be represented as follows:
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CONSOLIDATING COMPANY |
SHAREHOLDERS |
% OWNERSHIP |
Snam Rete Gas S.p.A. |
Eni S.p.A. |
52.53 |
|
Snam Rete Gas S.p.A. |
5.39 |
|
Other shareholders |
42.08 |
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FULLY CONSOLIDATED SUBSIDIARIES |
SHAREHOLDERS |
% OWNERSHIP |
GNL Italia S.p.A. |
Snam Rete Gas S.p.A. |
100 |
Stogit S.p.A. |
Snam Rete Gas S.p.A. |
100 |
Italgas S.p.A. |
Snam Rete Gas S.p.A. |
100 |
Napoletana Gas S.p.A. |
Italgas S.p.A. |
99.69 |
|
Other shareholders |
0.31 |
2 The list of subsidiaries, associates and significant equity investments of Snam Rete Gas S.p.A. can be found in the appendix “Subsidiaries, associates and significant equity investments of Snam Rete Gas S.p.A. at 31 December 2011” to the Notes to the consolidated financial statements.
3 On 1 January 2012, in implementing the draft of Legislative Decree no. 93 of 1 June 2011, which encodes into national legislation EU Directives concerning the Third Energy Package, the new corporate structure of Snam came into being. For further details on the new scope of consolidation as at 1 January 2012, please see the section, “Annual profile - Primary legislative provisions”.