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To the liability linked to the discounting of future lease payments.If you're using Peer 2 Peer software such as uTorrent, BitTorrent or similar you must either fully uninstall them or completely disable them from running while being assisted here.Failure to remove or disable such software will result in your topic being closed and no further assistance being provided.If you have illegal/cracked software, cracks, keygens etc. Leases: these costs are now recognised as depreciation of the right of use assets and as financial expense correlated The application of the new standard has changed the presentation in the income statement of costs for operating The Group, as lessee, has recognised a new liability for leases and higher right of use assets amounting to approximatelyĮUR 63 million at 1 January 2019 related mainly to the Wind business and to the relative use of land, warehouses,īuildings, equipment, substations and machine inventory. IFRS 16 - Leases has been applied from 1 January 2019. Performance Indicators” section and the comments in the following IFRS 16 paragraph. Statements, which include significant special income components of an extraordinary nature (special items).Ī definition of the indicators and the reconciliation of the amounts involved is provided in the specific “Alternative “Reported results” are the results corresponding to the values indicated in the Notes to the consolidated financial Results are indicated with the term “Adjusted results”.
Shown with the exclusion of significant special income components of an extraordinary nature (special items): these These alternative indicators are used by the Group in order to facilitate the communication of information on itsīusiness performance as well as its net financial indebtedness.įinally, in order to enhance understanding of the business segments’ performance, the operating results are also Some of the APIs used in this document are different from the financial indicators expressly provided for by the IAS/ The hedges entered into in relation to renewable sources (“RES”) and the thermoelectric power results include theĪLTERNATIVE PERFORMANCE INDICATORS (APIS) Representation of the businesses in terms of technology, therefore the wind and hydroelectric power results include The use of instruments by the Energy Management department to hedge the price risk. The above mentioned hedges include, inter alia, To the application of effective hedges of the generation margin. The results by business segment also reflect the energy sales on markets by Group Energy Management, in addition The Group’s internal performance measurement methods. Operating results are presented and commented on with reference to the various generation technologies, in line with mergers, demergers, capital increases by contributions in kind, acquisitions and sales. 18079 of 20 JanuaryĢ012, of waiving the obligation to make available to the public an information document upon carrying out significant The Parent Company has selected the option, introduced by CONSOB with its resolution no. 383ĭIRECTOR’S REPORT CONSOLIDATED FINANCIAL STATEMENTS SEPARATE FINANCIAL STATEMENTS 5ĭISCLOSURE PURSUANT TO ARTICLES 70 AND 71 OF THE ISSUERS’ Representations of the Financial Statements. 231Īnalysis of the statement of financial position. 230įorm and contents of the Consolidated. 483įinancial Statements of the main subsidiaries. 216 Report by the Board of Statutory Auditors.
215 Representations of the Financial Statements. 403ĭisclosure, including at consolidated level. Systems in relation to the process of financial Analysis of the statement of financial position. 395Įxisting internal control and risk management Notes to the Separate Financial Statements. Information on the main features of the Statement of Changes in Equity. 392Ĭontrol and Risk Management System Statement of comprehensive income. Structure and operation of the Internal Income Statement. The Internal Control and Risk Management STATEMENTS Relevant legislative and institutional Act or “T.U.F.”). 48 of 24 February 1998 (Consolidated Finance
42 Information about the ownership structure 97Ĭonsolidation scope at 31 December 2019. Geographical segments at 31 December 2019. 7 Financial statements and Alternative Performanceīusiness description. The Group Cultural and social activities. 1 DIRECTOR’S REPORT 2019 industrial relations.
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