Elements of risk and uncertainty


This chapter presents the main elements of uncertainty characterising Snam’s core business.

The risks identified by Snam are divided up into financial and non-financial risks. The latter are then further classified as follows:

  • strategic;
  • legal and non-compliance;
  • operating.

Financial risks are described in Note 25, “Guarantees, commitments and risks – financial risk management”, of the Notes to the consolidated financial statements.

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