Economic data

Economic results and investments of the A2A Group

Updated at December 31, 2017

Gross profit from operations by Business Unit € million 31.12.2017 31.12.2016 Δ %
 Generation and Trading 356  404 -11.9
 Commercial 159  144 10.4
 Environment 261  240 8.8
 Networks and Heat 448  397 12.8
 Foreign 12  69 -82.6
A2A Smart City 7 6 16.7
Corporate (32)  (29) -10.3
Total 1,211 1,231 -1.6

 

Investments by Business Unit € million 31.12.2017 31.12.2016 Δ %
Generation and Trading 64  36 77.8
Commercial 9  8 12.5
Environment 107 79 35.4
Networks and Heat 231 213 8.5
Foreign 4 27 -85.2
A2A Smart City 10 6 66.7
Corporate 29 17 70.6
Total 454 386 17.6

 

Quantitative data - electricity sector (in GWh)

Sources 31.12.2017 31.12.2016 Δ %
Net production 15,846 13,108 20.9
Thermoelectric generation 12,370 8,826 40.2
Hydroelectric production 3,464 4,279 -19.0
Photovoltaic production 12 3 n.s.
Purchases 50,041 48,257 3.7
Exchange 9,451 9,912 -4.7
Wholasalers 3,456 4,482 -22.9
Trading/Service portfolio 37,134 33,863 9.7
TOTAlL SOURCES 65,887 61,365 7.4

 

Uses 31.12.2017 31.12.2016 Δ %
Sales to Group Retailers 6,198 6,154 0.7
Sales to other wholesalers 8,781 9,300 -5.6
Sale on the exchange 13,774 12,048 14.3
Trading/Service portfolio 37,134 33,863 9.7
TOTAL USES 65,887 61,365 7.4

Note: the sales figures are stated gross of any losses.

Quantitative data - gas sector (in millions of cubic metres)

SOURCES 31.12.2017 31.12.2016 Δ %
Procurement 4,597 3,150 45.9
Withdrawals from stock (18) 40 n.s.
Inernal consumption / GNC (14) (11) 27.3
Trading/Service Portfolio 4,357 3,990 9.2
TOTAL SOURCES 8,922 7,169 24.5

 

USES 31.12.2017 31.12.2016 Δ %
Commercial Business Unit uses 1,659 1,399 18.6
Thermoelectric uses 1,855 1,116 66.2
Heat and Services Business Unit uses 104 91 14.3
Wholesalers 947 573 65.3
Trading/Service Portfolio 4,357 3,990 9.2
TOTAL USES 8,922 7,169 24.5

Quantities are stated at standard cubic meters at an HCV of 38100 MJ on delivery.

 

ECONOMIC DATA (in € millions)

  31/12/2017

31/12/2016

 Δ %
Revenues 3,262 2,736 19.2
Gross operating income - EBITDA 356 404 -11.9
% of Revenues 10.9 14.8%  
Depreciation, amortizations, provisions and write-downs (161) (431) -62.6
Net Operating Income 195 (27) n.s.
% of Revenues 6.0% -1.0%  
Investments 64 36 77.8
FTE 1,112 1,157 -3.9
Labour costs 89 91 -2.2

 

Quantitative data - Electricity

Electricity sales 31.12.2017 31.12.2016 Δ %
Electricity sales Free Market (GWh) 6,455 6,271 2.9
Electricity sales under  Greater Protection Scheme (GWh) 1,834 2,013 -8.9
TOTAL ELECTRICITY SALES (GWh) 8,289 8,284 0.1

 

POD electricity 31.12.2017 31.12.2016 Δ %
POD sales Free Market (#/1000) 435 338 28.7
POD sales under  Greater Protection Scheme (#/1000) 623 702 -11.3
TOTAL POD ELECTRICITY (#/1000) 1,058 1,040 1.7

 

Quantitative data - Gas

Gas sales 31.12.2017 31.12.2016 Δ %
Gas sales Free Market (Mcm) 1,039 818 27.0
Gas sales under Greater Protection Scheme (Mcm) 590 554 6.5
TOTAL GAS SALES (Mmc) 1,629 1,372 18.7

 

PDR gas 31.12.2017 31.12.2016 Δ %
PDR sales Free Market (#/1000) 447 324 25.6
PDR sales under Greater Protection Scheme (#/1000) 851 985 -10.4
TOTAL PDR GAS (#/1000) 1.298 1.309 -0.6

The amounts of sales are stated net of losses.

The data related to the POD and PDR does not include the numbers relating to large customers.

Economic data

  31.12.2017 31.12.2016 Δ %
Revenues 1,572 1,433 9.7
Gross operating income - EBITDA 159 144 10.4
% of revenues 10.1% 10%  
Depreciation, amortizations, provisions and write-downs (25) (24) 4.2
Net operating income - EBIT 134 120 11.7
% of revenues 8.5% 8.4%  
Investments 9 8 12.5
FTE 585 566 3.4
Labour costs 32 27 18.5

 

Quantitative data

  31.12.2017 31.12.2016 Δ %
Waste collected (ktonnes) 1,605 1,453 8.7
Residents served (#/1000) 3,549 3,379 1.3
Waste disposed (ktonnes) 3,366 2,800 19.5
Electricity sold (GWh) 1,772 1,714 3.4
Heat sold(GWht)(*) 1,363 1,306 4.0

(*) Quantities at the plant entrance.

 

Economic data(in € millions)

  31.12.2017 31.12.2016 Δ %
Revenues 980 852 15.0
Gross operating income - EBITDA 261 240 8.8
% of revenues 26.6% 28.2%  
Depreciation, amortizations, provisions  and write-downs (99) (67) 47.8
Net Operating Income - EBIT 162 173 -6.4
% of revenues 16.5% 20.3%  
Investments 107 79 35.4
FTE 5,770 5,599 3.1
Labour costs 298 267 11.6

 

Quantitative data - NETWORKS

  31.12.2017 31.12.2016 Δ %
 Electricity distributed (GWh 11,590  11,204 3.5
 Gas distributed (Mcm) 2,480  2,096 18.3
 Gas transported (Mcm) 370  324 14.2
 Water distributed (Mcm) 69  62 11.3
RAB Electricity (M€)(1) 649 653 -0.6
RAB Gas (M€)(2) 1,160 1,137 2.0

(1) A2A estimates.

(2) Provisional figures, underlying the calculation of allowed revenues for the period.

 

Quantitative data - (in GWht)

Sources 31.12.2017 31.12.2016 Δ %
Plants at: 1,324 1,176 12.6
Lamarmora 467 437 6.9
Famagosta 100 99 1.0
Tecnocity 69 72 -4.2
Other plants 688 568 21.1
Purchased from: 1,809 1,709 5.9
Third parties 421 380 10.8
Other Business Units 1,388 1,329 4.4
TOTAL SOURCES 3,133 2,885 8.6

 

Uses 31.12.2017 31.12.2016 Δ %
Sales to end customers 2,682 2,412 11.2
Distribution losses 451 473 -4.7
TOTAL USES 3,133 2,885 8.6

Notes:

  • The figures only refer to district heating. Sales relating to heat management are not included.
  • Purchases include the quantities of heat purchased from the Environment Business Unit

 

Economic data (in € millions)

  31.12.2017 31.12.2016 Δ %
 Revenues 1,117  954 17.1
 Grosso operatig income - EBITDA 448  397 12.8
 % of Revenues 40.1%  41.6%  
Depreciation, amortizations, provisions  and write-downs (183)  (170) 7.6
Net Operating Income - EBIT 265  227 16.7
 % of Revenues 23.7%  23.8%  
Investments 231  228 8.5
 FTE 2,399  2,432 -1.4
Labour costs 105 112 -6.3

 

Economic data (millions of euro)

  31.12.2017 31.12.2016
Revenues 114 233
Gross operating income 12 69
% of revenues 10.5% 29.6%
Depreciation, amortizations, provisions  and write-downs (16) (39)
Net operating income (4) 30
% of revenues (3.5%) 12.9%
Investments 4 27
FTE 2,353 2,370
Labour costs 21 45

    ECONOMIC DATA (in € millions)

      31.12.2017 31.12.2016 Δ %
    Revenues 30 26 15.4
    Gross operating income 7 6 16.7
    % of Revenues 23.3% 23.1%  
    Depreciation, amortizations, provisions and write-downs (2) (1) 100.0
    Net Operating Income - EBIT 5 5 0.0
    % of Revenues 16.7% 19.2%  
    Investments 10 6 66.7
    FTE 79 70 12.9
    Labour costs 5 4 25.0

     

    ECONOMIC DATA (in € millions)

      31.12.2017 31.12.2016 Δ %
    Revenues 204 182 12.1
    Gross operating income (32) (29) 10.3
    % of Revenues 15.7% 15.9%  
    Depreciation, amortizations, provisions and write-downs (19) (26) 26.9
    Net Operating Income - EBIT (51) (55) 7.3
    % of Revenues 25.0% 30.2%  
    Investments 29 17 70.6
    FTE 1,214 1,1143 6.2
    Labour costs 106 95 11.6