Income statement

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2016 (*)

2017

(€ million)

Notes

Total

of which with related parties

Total

of which with related parties

(*)

Pursuant to IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations”, the result of the distribution segment for 2016 is presented separately as a discontinued operation on a single line of the Income Statement schedule.

(**)

Entirely held by Snam shareholders.

REVENUE

(25)

 

 

 

 

Core business revenue

 

2,419

1,553

2,493

1,627

Other revenue and income

 

82

25

40

19

 

 

2,501

 

2,533

 

OPERATING COSTS

(26)

 

 

 

 

Purchases, services and other costs

 

(390)

(43)

(355)

(43)

Personnel cost

 

(167)

 

(171)

(6)

 

 

(557)

 

(526)

 

AMORTISATION, DEPRECIATION AND IMPAIRMENT LOSSES

(27)

(651)

 

(659)

 

 

 

 

 

 

 

EBIT

 

1,293

 

1,348

 

 

 

 

 

 

 

FINANCIAL INCOME (EXPENSES)

(28)

 

 

 

 

Financial expenses

 

(635)

(1)

(291)

(1)

Financial income

 

126

123

9

6

Derivatives

 

(1)

 

(1)

 

 

 

(510)

 

(283)

 

INCOME FROM EQUITY INVESTMENTS

(29)

 

 

 

 

Equity method valuation effect

 

116

 

161

 

 

 

116

 

161

 

PRE-TAX PROFIT

 

899

 

1,226

 

Income tax

(30)

(308)

 

(329)

 

Net Profit – continuing operations (**)

 

591

 

 

 

Net Profit – discontinued operations (**)

 

270

669

 

 

Net profit (**)

 

861

 

897

 

 

 

 

 

 

 

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

(31)

 

 

 

 

- basic

 

0.248

 

0.262

 

- diluted

 

0.248

 

0.258

 

 

 

 

 

 

 

Net profit per share payable to Snam shareholders – continuing operations (amounts in € per share)

(31)

 

 

 

 

- basic

 

0.170

 

 

 

- diluted

 

0.170

 

 

 

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