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

Half-yearly financial report at June 30, 2013Human resources and industrialrelationsAt June 30, 2013 the Group had 12,584 employees, of whom 2,616 work for the EPCG Group, adecrease of 342, or 2.6%, over June 30, 2012.The unit labor cost for employees in Italy increased by 0.3% over the figure for the first half of2012. This result was achieved by reducing the effect of automatic contractual rises (the nationalcollective bargaining agreement and seniority increases) by taking steps to make costs moreefficient, in particular by reducing overtime and accrued holiday leave not yet taken.230The main activities which took place in the first half of 2013 regarding industrial relations aredescribed in the followingA Framework Agreement was signed in April 2013 for using the Cassa Integrazione GuadagniOrdinaria (CIGO) and Redundancy schemes. It is expected that the CIGO scheme, whichregards certain thermoelectric plants, will be in use from April 2013 to April 2015 withemployee rotation. An amount will be added to employees' wages as income support.As far as the Redundancy scheme is concerned 130 people in the “staff” areas eligible forretirement will leave the company by December 31, 2014 as the result of the integration ofEdipower S.p.A. into the Group. There will be “no opposition” to laying people off under thisscheme during the initial application phase.In addition to the Redundancy scheme indemnity payable by law, workers laid off under thisscheme will also receive an amount added to their wages as income support. The Agreementalso requires that negotiations should begin on harmonizing the economic and legislativeschemes applicable in the individual Group companies, including Edipower S.p.A..Talks with the trade unions on the employment contracts in force in the Ecodeco Group endedon March 13, 2013 with the signing of an agreement for the rationalization of certain itemsconcerning the legislative and economic treatment of employees under the Chemical andPharmaceutical Industry national collective bargaining agreement (C.C.N.L.).Specific agreements were signed concerning A2A Trading S.r.l. (Milan offices), for theimplementation of a telephonic recording system, and A2A Reti Elettriche S.p.A., for the