2022 Highlights
Consolidated economic and financial highlights¹
Operating highlights⁵
Sustainability highlights⁶
Italgas for the future of the planet
Italgas for the future of people
Italgas for a sustainable future together
1 For the economic and financial analyses for the financial year 2022, the company considered it more representative to comment on the adjusted results, i.e. the recurring results, comparing them with the adjusted recurring results for the financial year 2021.
2 Net of the effects deriving from IFRS 15.
3 The item does not include liabilities for € 34.8 million consisting of the pro-rata share of the shareholder loan to Italgas Newco S.p.A, subordinated and convertible into shares, subscribed by the shareholder Phaeton Holding SA, deemed not to be financial debt. In accordance with CONSOB Communication no. DEM/6064293 of 28 July 2006, the net financial debt including the effects of this shareholders' loan as well as the effects of IFRS 16 payables is presented in the Notes to the Consolidated Financial Statements and amounts to € 6,034.9 million. See paragraph 5.2.4 Reclassified Statement of Financial Position.
4 The item expresses net financial debt excluding the effects of IFRS 16 payables and the Italgas Newco shareholder loan. See paragraph 5.2.4 Reclassified Statement of Financial Position.
5 Considering the Affiliates over which Italgas does not exercise control.
6 Highlights in reference to the Italian scope.
7 Calculated as the ratio of total Group energy consumption and gas distributed.
8 Volume of fugitive emissions of natural gas/volume of gas distributed