Annual Report 2010 - Enel.com

Information on the Consolidated Income
Statement
Revenues
8.a Revenues from sales and services - €71,943 million
Millions of euro
2010
2009
restated 2010-2009
Revenues from the sale and transport of electricity and contributions
from Electricity Equalization Fund and similar bodies 64,045 56,285 7,760
Revenues from the sale and transport of natural gas to end users 3,574 2,996 578
Revenues from fuel sales 449 301 148
Connection fees for the electricity and gas networks 1,429 1,012 417
Revenues for contract work in progress 170 420 (250)
Other sales and services 2,276 1,484 792
Total 71,943 62,498 9,445
“Revenues from the sale and transport of electricity and
contributions from Electricity Equalization Fund and similar
bodies” primarily include €9,588 million in revenues
from the transport and sale of electricity on the domestic
enhanced protection market (€10,458 million in 2009)
and €757 million on the safeguard market (€743 million in
2009), €8,491 million in revenues from the sale of electricity
on the Power Exchange and to other domestic resellers
(€8,743 million in 2009), €7,521 million in revenues from
the transport and sale of electricity on the domestic free
market (€7,380 million in 2009), and €36,210 million in
revenues from the sale and transport of electricity abroad
(€28,869 million in 2009).
In addition to the change in the method used to consolidate
Endesa as from June 2009, revenues from the sale
and transport of electricity abroad were affected by the
effects (€2,180 million) of the application as from July
1, 2009 of the new rate rules for the Spanish electricity
sales and distribution market with the introduction of the
Tarifa de Ultimo Recurso (TUR). The changes involved the
separate recognition in the income statement of the revenues
and costs concerning, respectively, the sale and purchase
of electricity, including transport costs, which had
previously been offset.
“Revenues from the sale and transport of natural gas to
end users” came to €3,574 million in 2010 and include
€2,244 million in revenues from the sale and transport of
natural gas in Italy (€2,139 million in 2009) and sales of
natural gas abroad amounting to €1,330 million (€857
million in 2009).
“Revenues from fuel sales” came to €449 million in 2010
and include €179 million in sales of natural gas (€73 million
in 2009), while the sale of other fuels amounted to
€270 million (€228 million in 2009).
“Connection fees for the electricity and gas networks” reflect
the impact of the application of IFRIC 18 in 2010 in
the amount of €548 million (€327 million in 2009).
“Revenues for contract work in progress” refer to engineering
and construction work for third parties.
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