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

Half-yearly financial report at June 30, 2013ContentsAttachments to the notes to the Half-yearly financialreport158 1. Statement of changes in tangible assets160 2. Statement of changes in intangible assets162 3. List of companies included in the consolidated financial statements164 4. List of shareholdings in companies carried at equity166 5. List of companies included in the consolidated financial statements of theEcodeco Group168 6. List of financial assets available-for-saleChanges in legislation172 Changes in legislationScenario and market188 Macroeconomic scenario191 Energy market trends2Analysis of main sectors of activity198 Energy Sector203 Environment Sector206 Heat and Services Sector209 Networks Sector212 Other Services and corporateRisks and uncertainties216 Risks and uncertaintiesResponsible management for sustainability230 Human resources and industrial relations233 Social responsibility and stakeholder relations237 Environmental responsibility239 Innovation, development and researchCertification of the condensed half-yearly financialstatements pursuant to article 154-bis paragraph 5of Legislative Decree no. 58/98244 Certification of the condensed half-yearly financial statements pursuant to article 154-bis paragraph 5 of Legislative Decree no. 58/98Indipendent Auditor’s report246 Indipendent Auditor’s reportThis is a translation of the Italian original “Relazione finanziaria semestrale al 30 giugno 2013”and has been prepared solely for the convenience of international readers. In the event of anyambiguity the Italian text will prevail. The Italian original is available on the website www.a2a.eu