Attributable to Snam’s shareholders

 

 

(€ million)

Share capital

Negative re­serve for treasury shares in the port­folio (*)

Share premium re­serve

Legal re­serve

Reserve for fair value of cash flow hedging deri­vatives net of tax effect

Reserve for defined-benefit plans for employees net of tax effect

Consoli­dation re­serve

Other re­serves

Re­tained earnings

Net profit for the year

Total

Minority in­terests

Total share­holders’ equity

Balance at 31 December 2015 (a)

3,697

(5)

1,603

739

(3)

(16)

(1,701)

46

1,987

1,238

7,585

1

7,586

Profit for 2016

 

 

 

 

 

 

 

 

 

861

861

 

861

Other components of comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Components that can be reclassified to the income statement:

 

 

 

 

 

 

 

 

 

 

 

 

 

- Portion of equity-accounted investments pertaining to “other components of comprehensive income”

 

 

 

 

 

 

 

(15)

 

 

(15)

 

(15)

- Change in fair value of cash flow hedge derivatives

 

 

 

 

1

 

 

 

 

 

1

 

1

 

 

 

 

 

1

 

 

(15)

 

 

(14)

 

(14)

Components that cannot be reclassified to the income statement:

 

 

 

 

 

 

 

 

 

 

 

 

 

- Actuarial gains (losses) on remeasurement of defined-benefit plans for employees for employees

 

 

 

 

 

(5)

 

 

 

 

(5)

 

(5)

- Share of remeasurements of defined benefit plans for employees of investments accounted for using the equity method

 

 

 

 

 

 

 

1

 

 

1

 

1

 

 

 

 

 

 

(5)

 

1

 

 

(4)

 

(4)

Total comprehensive income for 2016 (b)

 

 

 

 

1

(5)

 

(14)

 

861

843

 

843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transactions with shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

- Allocation of dividend for 2015 (€0.25 per share)

 

 

(50)

 

 

 

 

 

 

(825)

(875)

 

(875)

- Allocation of 2015 residual net profit

 

 

 

 

 

 

 

 

413

(413)

 

 

 

- Acquisition of treasury shares

 

(103)

 

 

 

 

 

 

 

 

(103)

 

(103)

- Effects of the separation of Italgas Reti S.p.A. from Snam S.p.A.

(961)

 

(416)

(192)

 

14

1,006

 

(433)

 

(982)

(1)

(983)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total transactions with shareholders (c)

(961)

(103)

(466)

(192)

 

14

1,006

 

(20)

(1,238)

(1,960)

(1)

(1,961)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other changes in shareholders’ equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

- Effect of Stogit acquisition price adjustment

 

 

 

 

 

 

21

 

 

 

21

 

21

- Reclassification of reserve for purchase of treasury shares

 

 

3

 

 

 

 

(5)

2

 

 

 

 

- Other changes

 

 

 

 

 

 

 

8

 

 

8

 

8

Total other changes in shareholders’ equity (d)

 

 

3

 

 

 

21

3

2

 

29

 

29

Balance at 31 December 2016 (e=a+b+c+d)
(Note 22)

2,736

(108)

1,140

547

(2)

(7)

(674)

35

1,969

861

6,497

 

6,497