Economic and financial figures

Highlights full year

Income Statement Data(*) (in millions of euros)

2020 financial year 2019 financial year % change
Sales revenues 6.390 8.198 (22,1%)
EBITDA 684 602 13,6%
as a % of sales revenues 10,7% 7,3% -
EBIT 239 174 37,4%
as a % of sales revenues 3,7% 2,1% -
Net profit from Continuing Operations 191 141 35,5%
Net profit from Discontinued Operations (158) (562) 71,9%
Profit (Loss) for the year attributable to the owners of the parent 19 (436) n.s.

 

Financial data (in millions of euros)

12.31.2020 12.31.2019 Var. %
Net invested capital (A + B) (1) 5.993 6.029 (0,6%)
Net financial debt (A) (1)(2) 513 516 (0,6%)
Total shareholders' equity (B) (1) 5.480 5.513 (0,6%)
Shareholders’ equity attributable to the shareholders of the controlling company (1) 5.349 5.327 0,4%

 

Rating

31.12.2020 31.12.2019 Var. %
Standard & Poor’s      
- Medium/Long-term rating BBB- BBB-  
- Medium/Long-term outlook Stable(***) Stable  
- Short-term rating A-3 A-3  
Moody’s      
- Rating Baa3 Baa3  
- Medium/Long-term outlook Positive Positive  

 

Key indicators

31.12.2020 31.12.2019 Var. %
Debt/Equity (A/B) 0,09 0,09 -
Gearing (A/A+B) 8,6% 8,6% -
Number of employees (1)(3) 4.786 5.631 (15,0%)

(1) Period-end data. The changes in these values were calculated compared to December 31, 2019.

(2) A breakdown of this item is provided in section 6.3 “Net financial debt and cost of debt” of the Notes to the consolidated financial statements.

(3) The year 2019 includes employees of the Exploration & Production business, equal to 949 resources; the year 2020 includes employees of the Norge and Infrastrutture Distribuzione Gas disposal businesses, equal to 100 resources./sub>

(*) The 2019 figures have been restated in accordance with IFRS 5.

(**) See the Notes to the consolidated financial statements.

(***) Updated to “positive” on January 22, 2021.