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Income statement

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2015

2016

(€ million)

Notes

Total

of which with related parties

Total

of which with related parties

(*)

In conformity with the provisions of paragraph 33 of IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations”, the analysis of the net profit from discontinued operations cannot be presented alternatively in the Income statement or the Notes. Snam has chosen to give this analysis in the Notes to Note 21 “Discontinued operations”, which should be referred to.

REVENUE

(24)

 

 

 

 

Core business revenue

 

2,470

1,693

2,419

1,553

Other revenue and income

 

84

36

82

25

 

 

2,554

 

2,501

 

OPERATING COSTS

(25)

 

 

 

 

Purchases, services and other costs

 

(403)

(38)

(390)

(43)

Personnel cost

 

(148)

 

(167)

 

 

 

(551)

 

(557)

 

AMORTISATION, DEPRECIATION AND IMPAIRMENT LOSSES

(26)

(576)

 

(651)

 

EBIT

 

1,427

 

1,293

 

FINANCIAL INCOME (EXPENSES)

(27)

 

 

 

 

Financial expenses

 

(387)

 

(635)

(1)

Financial income

 

7

3

126

123

Derivatives

 

 

 

(1)

 

 

 

(380)

 

(510)

 

INCOME (EXPENSE) FROM EQUITY INVESTMENTS

(28)

 

 

 

 

Equity method valuation effect

 

106

 

116

 

 

 

106

 

116

 

PRE-TAX PROFIT

 

1,153

 

899

 

Income tax

(29)

(357)

 

(308)

 

Net profit – continuing operations

 

796

 

591

 

Net profit – discontinued operations (*)

(21)

442

788

270

665

Net profit

 

1,238

 

861

 

 

 

 

 

 

 

Attributable to Snam shareholders:

 

 

 

 

 

- continuing operations

 

796

 

591

 

- discontinued operations

 

442

 

270

 

Minority interests:

 

 

 

 

 

- continuing operations

 

 

 

 

 

- discontinued operations

 

 

 

 

 

Net profit per share attributable to Snam shareholders (€ per share)

(30)

 

 

 

 

- basic

 

0.35

 

0.25

 

- diluted

 

0.35

 

0.25

 

Net profit per share attributable to Snam shareholders – continuing operations (€ per share)

(30)

 

 

 

 

- basic

 

0.23

 

0.17

 

- diluted

 

0.23

 

0.17

 

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