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

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

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

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<strong>Half</strong>-<strong>yearly</strong> <strong>financial</strong> report <strong>at</strong> <strong>June</strong> <strong>30</strong>, <strong>2013</strong>Scope of consolid<strong>at</strong>ionThe <strong>Half</strong>-<strong>yearly</strong> <strong>financial</strong> report of the <strong>A2A</strong> Group <strong>at</strong> <strong>June</strong> <strong>30</strong>, <strong>2013</strong> includes the figures of theparent <strong>A2A</strong> S.p.A. and those of the subsidiaries over which <strong>A2A</strong> S.p.A. holds, directly orindirectly, the majority of the voting rights which may be exercised <strong>at</strong> an ordinaryshareholders’ meeting. In addition, companies in which the parent exercises joint control withother entities (joint ventures) and those over which it has a significant influence areconsolid<strong>at</strong>ed using the equity method.58Following the establishment of Chi.Na.Co S.r.l. in May <strong>2013</strong> as part of the purchase and saleagreement entered into by <strong>A2A</strong> S.p.A. and the BKW group, as discussed further in the section“Significant events for the Group after <strong>June</strong> <strong>30</strong>, <strong>2013</strong>”, the l<strong>at</strong>ter, a wholly owned subsidiary ofthe parent company <strong>A2A</strong> S.p.A., entered the consolid<strong>at</strong>ion scope.In addition, the merger of Delmi S.p.A. into Edipower S.p.A. took effect on January 1, <strong>2013</strong>.Neither of the above transactions represents a real change in the consolid<strong>at</strong>ion scope, as theydid not lead to any differences in the consolid<strong>at</strong>ion perimeter as far as consolid<strong>at</strong>ed assets andliabilities are concerned.

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