Half-yearly financial Report at June 30, 2013 - A2A

Half-yearly financial report at June 30, 2013Summary of results, assets andliabilities and financial positionResultsThe figures in the income statement for the six months ended June 30, 2013 are not comparablewith those for the corresponding period of the previous year due to the fact that the results ofEdipower S.p.A. have been consolidated for the whole of the period in 2013 while in thecorresponding period in 2012 they were only consolidated for June.16The consolidation scope for the six months ended June 30, 2012 included the results of theCoriance Group which was sold in the third quarter of 2012. In compliance with IFRS 5, thegroup's results for that period were recognized under the item "Net result from non-currentassets sold or held for sale".Further details on the above may be found in the section "Changes in scope of consolidation".Millions of euro 01 01 2013 01 01 2012 Changes06 30 2013 06 30 2012(*)Revenues 2,845 3,290 (445)of which:- Revenues from the sale of goods and services 2,739 3,232 (493)- Other operating income 106 58 48Operating expenses (1,887) (2,517) 630Labour costs (348) (289) (59)Gross operating income 610 484 126Depreciation and amortization (241) (193) (48)Provisions and write-downs (39) (11) (28)Net operating income 330 280 50Net financial expense (88) (84) (4)Share of results of companies at equity 7 16 (9)Other non-operating income 1 – 1Other non-operating expenses (4) – (4)Income before taxes 246 212 34Income taxes (94) (94) –Income from current operations net of taxes 152 118 34Net result from non-current assets sold or held for sale – 13 (13)Minority interests (19) (6) (13)Group net profit for the period 133 125 8(*) Comparative figures for the period January-June 2012 have been restated to reflect the adoption of Revised IAS 19 “Employee Benefits”.