31.12.2015

31.12.2016

(€ million)

Provision for employee severance pay (TFR)

FISDE

Gas Fund

Other provisions

Total

Provision for employee severance pay (TFR)

FISDE

Gas Fund

Other provisions

Total

(*)

The values are entirely attributable to discontinued operations and involve the expenses, including in the changes in the estimate, resulting from the closure of the gas fund (-€1 million in 2016; +€35 million in 2015).

(**)

The values include +€6 million in 2016 (-€4 million in 2015) of Actuarial (Gains) / Losses from remeasurements of defined-benefit plans for employees attributable to discontinued operations.

Current value of the obligation at the start of the year

108

11

 

22

141

100

10

35

21

166

Current cost

 

 

 

6

6

 

 

 

5

5

Cost of past service (*)

 

 

35

 

35

 

 

(1)

 

(1)

Cost in interest

2

 

 

 

2

2

 

 

 

2

Revaluations/(Impairment losses):

(5)

(1)

 

 

(6)

6

(1)

2

 

7

- Actuarial (gains) / losses resulting from changes in the financial assumptions (**)

(4)

(1)

 

 

(5)

7

 

2

 

9

- Effect of past experience (**)

(1)

 

 

 

(1)

(1)

(1)

 

 

(2)

Benefits paid

(6)

 

 

(7)

(13)

(3)

 

 

(7)

(10)

Change in scope of consolidation

1

 

 

 

1

(76)

(6)

(36)

(7)

(125)

Current value of the obligation at the end of the year

100

10

35

21

166

29

3

 

12

44