ENI SPA | CIK:0001002242 | 3

  • Filed: 4/13/2018
  • Entity registrant name: ENI SPA (CIK: 0001002242)
  • Generator: Unknown
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1002242/000117494718000616/0001174947-18-000616-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1002242/000117494718000616/e-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001002242
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfJointVenturesExplanatory

    The main line items of profit and loss and balance sheet related to the principal joint ventures, represented by the amounts included in the reports accounted under IFRS of each company, are provided in the table below:

        2017
    (€ million)  

    Saipem

    SpA

     

    Unión

    Fenosa Gas

    SA

     

    PetroJunín

    SA

     

    Gas

    Distribution

    Company of

    Thessaloniki

    -Thessaly SA

     

    Lotte

    Versalis

    Elastomeres

    Co

      Cardón IV SA  

    Other

    joint

    ventures

    Current assets     6,743       610       365       86       43       816       275  
    - of which cash and cash equivalent     1,751       32               15       30       42       64  
    Non-current assets     5,847       877       628       289       547       2,756       916  
    Total assets     12,590       1,487       993       375       590       3,572       1,191  
    Current liabilities     4,487       234       434       94       70       644       985  
    - current financial liabilities     189       40                       38               640  
    Non-current liabilities     3,504       580       34       2       292       2,928       124  
    - non-current financial liabilities     2,929       506                       288       1,912       79  
    Total liabilities     7,991       814       468       96       362       3,572       1,109  
    Net equity     4,599       673       525       279       228               82  
    Eni’s ownership interest (%)     31.00       50.00       40.00       49.00       50.00       50.00          
    Book value of the investment     1,413       350       210       137       114               28  
    Revenues and other operating income     9,038       1,340       135       54               756       412  
    Operating expense     (8,172 )     (1,308 )     (66 )     (14 )     (4 )     (608 )     (433 )
    Depreciation, amortization and impairments     (740 )     (89 )     (29 )     (15 )             (357 )     (113 )
    Operating profit     126       (57 )     40       25       (4 )     (209 )     (134 )
    Finance (expense) income     (223 )     (38 )     47                       (155 )     (53 )
    Income (expense) from investments     (9 )     3                                       (4 )
    Profit before income taxes     (106 )     (92 )     87       25       (4 )     (364 )     (191 )
    Income taxes     (201 )     1       (22 )     (7 )             (4 )     (11 )
    Net profit     (307 )     (91 )     65       18       (4 )     (368 )     (202 )
    Other comprehensive income     49       (41 )     (68 )             (6 )     26          
    Total other comprehensive income     (258 )     (132 )     (3 )     18       (10 )     (394 )     (202 )
    Net profit attributable to Eni     (101 )     (63 )     26       9       (2 )     (184 )     (56 )
    Dividends received by the joint venture                             12                       29  
        2016
    (€ million)  

    Saipem

    SpA

     

    Unión

    Fenosa

    Gas SA

     

    PetroJunín

    SA

     

    Gas

    Distribution

    Company of

    Thessaloniki -

    Thessaly SA

     

    Lotte

    Versalis

    Elastomeres Co

      Cardón IV SA  

    Other

    joint

    ventures

    Current assets     7,783       651       336       34       12       451       197  
    - of which cash and cash equivalent     1,892       25       2       8       11       31       45  
    Non-current assets     6,500       1,037       703       285       417       3,628       469  
    Total assets     14,283       1,688       1,039       319       429       4,079       666  
    Current liabilities     5,668       232       480       13       36       455       433  
    - current financial liabilities     206       61                                       299  
    Non-current liabilities     3,730       650       32               245       3,230       94  
    - non-current financial liabilities     3,194       547                       245       2,108       36  
    Total liabilities     9,398       882       512       13       281       3,685       527  
    Net equity     4,885       806       527       306       148       394       139  
    Eni’s ownership interest (%)     30.76       50.00       40.00       49.00       50.00       50.00          
    Book value of the investment     1,497       434       211       150       74       197       72  
    Revenues and other operating income     10,009       905       105       152               738       275  
    Operating expense     (9,100 )     (921 )     (60 )     (98 )     (1 )     (233 )     (279 )
    Other operating profit (loss)                                                     (5 )
    Depreciation, amortization and impairments     (2,408 )     (131 )     (40 )     (22 )             (87 )     (169 )
    Operating profit     (1,499 )     (147 )     5       32       (1 )     418       (178 )
    Finance (expense) income     (154 )     31       94               1       (206 )     (20 )
    Income (expense) from investments     18       13                                          
    Profit before income taxes     (1,635 )     (103 )     99       32               212       (198 )
    Income taxes     (445 )     23       (24 )     (12 )             (252 )     (20 )
    Net profit     (2,080 )     (80 )     75       20               (40 )     (218 )
    Other comprehensive income     48       29       18                       12       (2 )
    Total other comprehensive income     (2,032 )     (51 )     93       20               (28 )     (220 )
    Net profit attributable to Eni     (144 )     (82 )     30       10               (20 )     (125 )
    Dividends received by the joint venture                             10                       35