Eni S.p.a. · MIL:ENI

Eni — FY2013 Earnings Presentation

15 slides from Eni's earnings presentation, Feb 13, 2014

  1. Slide 1: 2013 fourth quarter and preliminary full year results

    2013 fourth quarter and preliminary full year results February 13th, 2014 eni.com

  2. Slide 2: Market environment

    market environment Brent european ref. margin €/$ exchange rate $/bbl €/bbl $/bbl €/bbl * Brent/Ural FOB Mediterranean market. Eni calculations on Platt’s Oilgram data 2

  3. Slide 3: Q4 and full year consolidated results

    Q4 and full year consolidated results adj. operating profit * adj. net profit * mln € mln € FY 2013 FY 2013 12,620 4,433 -34% vs 2012 -35% vs 2012 4,970 1,518 3,521 1,301 * figures exclude Snam contribution 3

  4. Slide 4: E&P performance

    e&p performance oil & gas production adj. operating profit kboe/d mln € 1,747 4,867 1,648 1,653 1,600 1,577 3,999 3,917 3,409 3,321 4

  5. Slide 5: G&P performance

    g&p performance gas sales adj. operating profit bcm mln € 29.5 357 24.9 24.4 18.4 17.8 42 -227 -356 -436 * including associates and excluding e&p sales in Europe and in the Gulf of Mexico 5

  6. Slide 6: R&M performance

    r&m performance sales adj. operating profit mln tonnes mln € 6.0 5.8 5.8 5.7 5.2 -7 -61 -95 -152 -174 6

  7. Slide 7: Other businesses: adjusted operating profit

    other businesses: adjusted operating profit mln € Q4 Q4 Δ% 2012 2013 (116) (130) -12.1 320 154 -51.9 (80) (51) +36.3 (82) (81) +1.2 7

  8. Slide 8: Appendix

    appendix February 13th, 2014 eni.com

  9. Slide 9: Results of operations

    results of operations mln € Q4 12 Q4 13 FY 12 FY 13 Δ% 32,523 26,323 Net sales from operations 127,220 115,022 1,650 306 Operating Profit 15,071 8,902 (40.9) 560 385 Exclusion of inventory holding (gains) losses (17) 716 2,210 691 Replacement Cost Operating Profit 15,054 9,618 (36.1) 2,760 2,830 Spe

  10. Slide 10: G&P: adjusted operating profit by activities

    g&p: adjusted operating profit by activities mln € n.s. 357 42 10

  11. Slide 11: Main operating data

    main operating data Q4 12 Q4 13 FY 13 FY 13 Δ% 1,747 1,577 hydrocarbon production (kboe/d) 1,701 1,619 (4.8) 154.4 137.4 production sold* (mln boe) 598.7 555.3 (7.2) natural gas sales: 10.15 10.70 in Italy** (bcm) 34.78 3.1 35.86 14.21 14.17 international*** (bcm) 57.81 54.70 (5.4) 10.13 8.75 electr

  12. Slide 12: Production by geographical area

    production by geographical area kboe/d -9.7% 1,747 1,577 12

  13. Slide 13: Oil & gas production

    oil & gas production kboe/d -9.7% 1,747 1,747 1,577 1,577 13

  14. Slide 14: Capex

    capex mln € -3.2% 3,890 3,766 14

  15. Slide 15: Eni consolidated results

    eni consolidated results +69% -14% 0.42 0.36 EPS Q4 12 Q4 13 Euro per share* Q4 12 adjusted Q4 13 adjusted 0.17 0.54 24% -5% 1.14 0.92 1.09 1.04 CFPS Euro per share* Q4 12 Q4 13 Q4 12 Q4 13 adjusted adjusted * Continuing operations. Average shares: Q4 12 3,622.8 million; Q4 13 3,622.8 million Note:

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