Assets held for sale of €23 million (€25 million at 31 December 2011) concern a property complex owned by Italgas, for which sales negotiations are being completed following the commitments arising from the agreement to buy Italgas from eni22.
Liabilities directly related to assets held for sale of €8 million (€9 million at 31 December 2011) concern environmental provisions for expenses involved in the restoration of the aforementioned property complex.
22 For information on commitments made by the parties, see Note 28 “Guarantees, commitments and risks - Commitments deriving from the agreement to purchase Italgas and Stogit from eni”.