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

More documents

Recommendations

Info

Half-yearly financial report at June 30, 2013Basis of preparationThe Half-yearly report at June 30, 2013 has been prepared on a historical cost basis, with theexception of those items which under IFRS must be or can be measured at fair value, asdiscussed in further detail in the accounting policies.The consolidation principles, the accounting principles, the accounting policies and themethods of measurement used in the preparation of the Half-yearly report are consistentwith those used to prepare the annual consolidated financial statements at December 31, 2012.49
Half-yearly financial report at June 30, 2013Changes in accounting standards50The accounting principles adopted for the first half of 2013 are essentially the same as those usedin the prior year, as indicated below in the paragraph below “Accounting principles, amendmentsand interpretations applied by the Group from the current year”. In particular, since reporting isbased on an interim period, the requirements of IAS 34 “Interim Financial Reporting” arecomplied with.A summary is provided in the following paragraphs “Accounting principles, amendments andinterpretations approved by the European Union but applicable after June 30, 2013” and“Accounting principles, amendments and interpretations not yet approved by the EuropeanUnion” of the changes that will be adopted in future periods, stating the expected effects onthe A2A Group’s half-yearly financial report to the extent this is possible.Accounting principles, amendments and interpretations applied bythe Group from the current yearA series of amendments introduced by international accounting standards andinterpretations have been applied, none of which however has led to a significant effect on theGroup’s financial statements. The main changes are described in the following:• IAS 1 - “Presentation of Financial Statements” - presentation of Items of OtherComprehensive Income: this amendment, applicable from July 1, 2012, was issued on June5, 2012 and regards the classification of items in “other comprehensive income” on thebasis of whether they are potentially reclassifiable to profit or loss subsequently;• IFRS 1 “Government Loans”: this amendment, applicable from January 1, 2013, was issuedon March 12, 2012 and regards government loans at a below-market rate of interest. Morespecifically, the amendment requires that a first-time adopter must classify all outstandinggovernment loans received as a financial liability or an equity instrument in accordancewith IAS 32 “Financial Instruments: Presentation”. In addition, the amendment states thata first-time adopter may not recognize the corresponding benefit of a government loan ata below-market rate of interest as a government grant;• IFRS 7 “Financial Instruments: Disclosures”: on December 16, 2011 the IASB issued anamendment to this standard “Disclosures - Offsetting Financial Assets and Financial
Page 1 and 2: Half-yearly financialreportat June
Page 3 and 4: Half-yearly financial report at Jun
Page 5 and 6: 4Half-yearly financial report at Ju
Page 7: Half-yearly financial report at Jun
Page 16 and 17: Consolidated resultsand report onop
Page 101 and 102:
Half-yearly financial report at Jun
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 158 and 159:
Attachments to thenotes to the Half
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 188 and 189:
Scenario and market
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Analysis of mainsectors of activity
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Risks and uncertainties
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Responsiblemanagement forsustainabi
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
Page 242 and 243:
Page 244 and 245:
Certification of thecondensed half-
Page 246 and 247:
IndipendentAuditor’s report
Page 248 and 249:
show all

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

Create successful ePaper yourself

Delete template?

Save as template?