Reconciliation of the reclassified consolidated financial statements with the compulsory formats

Property, plant and equipment

14,053

14,522

Compulsory inventories

405

363

Intangible assets

4,444

4,593

Equity investments

319

473

Financial receivables held for operations

(see Note 7)

2

2

Net payables for investments, consisting of:

(445)

(386)

- Payables for investment activities

(see Note 18)

(486)

(406)

- Receivables from investment/divestment activities

(see Note 7)

41

20

Total fixed capital

18,778

19,567

Trade receivables

(see Note 7)

1,367

1,921

Inventories

235

202

Tax receivables, consisting of:

47

125

- Current income tax assets

3

11

- VAT receivables

(see Note 7)

4

- IRES receivables for national tax consolidation scheme

(see Note 7)

35

25

- Other current tax assets

5

89

Trade payables

(see Note 18)

(556)

(764)

Tax payables, consisting of:

(230)

(81)

- Current income tax liabilities

(175)

(46)

- Other current tax liabilities

(16)

(28)

- IRES payables for national tax consolidation scheme

(see Note 18)

(19)

(7)

- VAT payables

(see Note 18)

(20)

Deferred tax liabilities

(901)

(834)

Provisions for risks and charges

(527)

(757)

Derivatives

(see Notes 21, 26)

(266)

Other assets, consisting of:

133

193

- Other receivables

(see Note 7)

96

80

- Other current assets

(see Note 10)

22

37

- Other non-current assets

(see Note 15)

15

76

Accruals and deferrals from regulated activities, consisting of:

(358)

(309)

- Accrued income from regulated activities

(see Notes 10, 15)

77

132

- Prepaid income from regulated activities

(see Notes 21, 26)

(435)

(441)

Other liabilities, consisting of:

(642)

(842)

- Other payables

(see Note 18)

(263)

(300)

- Other current liabilities

(see Note 21)

(4)

(58)

- Reclassification: derivative liabilities

(141)

- Other non-current liabilities

(see Note 26)

(375)

(343)

Total net working capital

(1,698)

(1,146)

Provisions for employee benefits

(107)

(108)

Assets held for sale and directly related liabilities, consisting of:

16

15

- Assets held for sale

25

23

- Liabilities directly associated with assets held for sale

(9)

(8)

NET INVESTED CAPITAL

16,989

18,328

Shareholders' equity including minority interests

5,792

5,930

Financial liabilities, consisting of:

11,199

12,413

- Long-term financial liabilities

6,800

11,939

- Current share of long-term financial liabilities

1,612

110

- Short-term financial liabilities

2,787

505

- Reclassification: derivative liabilities

(141)

Financial receivables, cash and cash equivalents, consisting of:

(2)

(15)

- Cash and cash equivalents

(2)

(15)

Total net financial debt

11,197

12,398

COVERAGE

16,989

18,328