Economic data

Economic results and investments of the A2A Group

Updated at December 31, 2019

Gross profit from operations
by Business Unit (€ million)		 31.12.2019 31.12.2018 Δ %
 Generation and Trading 301 370 -18.6
 Market 229 206 11.2
 Environment 271 268 1.1
 Networks and Heat 461 410 12.4
 Foreign -3 - n.s.
A2A Smart City 11 11 0.0
Corporate (36) (34) 5.9
Total 1,234 1,231 0.2

 

Investments
by Business Unit (€ million)		 31.12.2019 31.12.2018 Δ %
Generation and Trading 88 57 54.4
Market 32 21 52.4
Environment 96 105 -8.6
Networks and Heat 347 275 26.2
Foreign - - n.s.
A2A Smart City 16 11 45.5
Corporate 48 31 54.8
Total 627 500 25.4

 

Quantitative data - electricity sector (in GWh)

SOURCES 31.12.2019 31.12.2018 Δ %
Net production 18,095 17,551 3.1
Thermoelectric generation 13,353 12,948 3.1
Hydroelectric production 4,619 4,539 1.8
Photovoltaic production 123 64 92.2
Purchases 33,284 33,758 (1.4)
Exchange 15,854 12,364 28.
Wholasalers 5,913 3,089 26.7
Trading/Service portfolio 13,517 18,305 (26.2)
TOTAL SOURCES 51,379 51,309 0.1

 

USES 31.12.2019 31.12.2018 Δ %
Sales to Group Retailers 11,979 8,960 33.7
Sales to other wholesalers 11,474 11,622 (1.3)
Sale on the exchange 14,409 12,422 16.0
Trading/Service portfolio 13,517 18,305 (26.2)
TOTAL USES 51,379 51,309 0.1

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

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

SOURCES 31.12.2019 31.12.2018 Δ %
Procurement 6,301 5,092 23.7
Withdrawals from stock (39) 30 n.s.
Inernal consumption / GCN (16) (15) 6.7
Trading/Service Portfolio 8,905 5,267 69.1
TOTAL SOURCES 15,151 10,374 46.0

 

USES 31.12.2019 31.12.2018 Δ %
Commercial Business Unit uses 2,033 1,585 28.3
Thermoelectric uses 2,357 2,098 12.3
Heat and Services Business Unit uses 79 101 (21.8)
Wholesalers 1,777 1,323 34.3
Trading/Service Portfolio 8,905 5,267 69.1
TOTAL USES 15,151 10,374 46.0

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

 

ECONOMIC DATA (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 4,398 3,854 14.1
Gross operating income 301 370 (18.6)
% of Revenues 6.8% 9.6%  
Depreciation, amortizations, provisions and write-downs (36) (293) (87.7)
Net Operating Income - EBIT 265 77 (60.5)
% of Revenues 6.0% 2.0%  
Investments 88 57 54.4
FTE 1,092 1,103 (1.0)
Labour costs 88 88 0.0

Quantitative data - Electricity

Electricity sales (GWh) 31.12.2019 31.12.2018 Δ %
Electricity sales Free Market 11,994 9,192 42.4
Electricity sales under Greater Protection Scheme 1,435 1,634 (10.9)
Electricity Sales Safeguard Market 227 - n.s.
TOTAL ELECTRICITY SALES 13,656 10,826 30.6

 

POD electricity (#/1000) 31.12.2019 31.12.2018 Δ %
POD sales Free Market 685 569 20.4
POD sales under  Greater Protection Scheme 489 566 (13.6)
TOTAL POD ELECTRICITY 1,174 1,135 3.4

 

Quantitative data - Gas

Gas sales (Mm3) 31.12.2019 31.12.2018 Δ %
Gas sales Free Market 1,876 1,338 40.1
Gas sales under Greater Protection Scheme 579 587 (1.4)
TOTAL GAS SALES 2,454 1,925 27.5

 

PDR gas (#/1000) 31.12.2019 31.12.2018 Δ %
PDR sales Free Market 744 633 17.5
PDR sales under Greater Protection Scheme 744 878 (13.3)
TOTAL PDR GAS 1.488 1.511 (1.5)

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 (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 2,724 2,230 23.2
Gross operating income 229 206 (4.6)
% of Revenues 8.4% 9,2%  
Depreciation, amortizations, provisions and write-downs (60) (37) 27.6
Net Operating Income - EBIT 169 169 (9.6)
% of Revenues 6.2% 7.6%  
Investments 32 21 90.9
FTE 862 829 20.0
Labour costs 55 46 17.9

Quantitative data

  31.12.2019 31.12.2018 Δ %
Waste collected (kton) 1,708 1,671 2.2
Residents served (#/1000) 3,634 3,530 2.9
Waste disposed (kton) 3,340 3,547 (5.8)
Electricity sold (GWh)  1,780 1,807 (1.5)
Heat sold (GWht)(*) 1,505 1,419 6.1

(*) Quantities at the plant entrance.

 

Economic data (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 1,047 1,022 2.4
Gross operating income 271 268 1.1
% of Revenues 25.9% 26.2%  
Depreciation, amortizations, provisions and write-downs (159) (87) 82.8
Net Operating Income - EBIT 112 181 (38.1)
% of Revenues 10.7% 17.7%  
Investments 96 105 (8.6)
FTE 5,895 5,913 (0.3)
Labour costs 310 304 2.0

Quantitative data - NETWORKS

  31.12.2019  31.12.2018 Δ %
Electricity distributed (GWh) 11,735 11,913 (1.5)
Gas distributed (Mm3) 2,963 2,745 7.9
Gas transported (Mm3) 360 372 (5.9)
Water distributed (Mm3) 78 72 8.3
RAB Electricity (mln €) (1) 641 646 (0.8)
RAB gas (mln €) (2) 1,426 1,395 2.2

(1) A2A estimates.

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

 

Quantitative data - HEAT (in GWht)

Sources 31.12.2019 31.12.2018 Δ %
Plants at: 1,362 1,350 12.6
Lamarmora 410 447 (4.3)
Famagosta 71 104 (31.7)
Tecnocity 62 66 (6.1)
Other plants 819 733 11.7
Purchased from: 1,966 1,880 4.6
Third parties 441 437 0.9
Other Business Unit 1,525 1,443 5.7
TOTAL SOURCES 3,328 3,230 3.0

 

Uses 31.12.2019 31.12.2018 Δ %
Sales to end customers 2,783 2,768 3.2
Distribution losses 545 462 (2.4)
TOTAL USES 3,328 3,330 3.1
Electricity from cogeneration 316 317 (0.3)

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)

  31.12.2019 31.12.2018 Δ %
Revenues 1,096 1,110 (1.3)
Gross operating income 461 410 12.4
% of Revenues 42.1% 36.9%  
Depreciation, amortizations, provisions and write-downs (254) (200) 27.0
Net Operating Income - EBIT 207 210 (1.4)
% of Revenues 18.9% 18.9%  
Investments 347 275 26.2
FTE 2,647 2,658 (0.4)
Labour costs 100 102 (2.0)

ECONOMIC DATA (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 3 8 (62.5)
Gross operating income (3) 0 n.s.
% of Revenues (100) 0.0  
Depreciation, amortizations, provisions and write-downs (1) 0 n.s.
Net Operating Income - EBIT (4) 0 n.s.
% of Revenues (133.3) 0.0  
Investments 0 0 n.s.
FTE 18 14 28.6
Labour costs 2 1 100.0

ECONOMIC DATA (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 63 53 18.9
Gross operating income 11 11 0.0
% of Revenues 17.5% 20.8%  
Depreciation, amortizations, provisions and write-downs (7) (5) 40.0
Net Operating Income - EBIT 4 6 (33.3)
% of Revenues 6.3% 11.3%  
Investments 16 11 45.5
FTE 145 148 (2.0)
Labour costs 9 9 0.0

 

ECONOMIC DATA (in € millions)

  31.12.2019 31.12.2018 Δ %
Revenues 224 148 10.9
Gross operating income (36) (34) 5.9
% of Revenues (14.8%) (15.5%)  
Depreciation, amortizations, provisions and write-downs (30) (21) 42.9
Net Operating Income - EBIT (66) (55) 20.0
% of Revenues (27.0%) (25.0%)  
Investments 48 31 54.8
FTE 1,422 1,353 5.1
Labour costs 136 115 18.3