Slide 1: Q2 2014 results
Q2 2014 results July 31st 2014 www.eni.com
Slide 2: Market environment
market environment Brent Standard Eni Refining Margin (SERM) TTF €/$ exchange rate
Slide 3: Q2 consolidated results
Q2 consolidated results adj. operating profit adj. net profit million € million € 2,728 868 +39% +51% 1,959 576 Δ YoY
Slide 4: E&P performance
e&p performance oil & gas production adj. operating profit kboe/d million € 1,648 1,653 1,583 1,584 1,577 3,917 3,450 3,409 3,320 2,981 -13% Δ YoY
Slide 5: G&P performance
g&p performance gas sales adj. operating profit bcm million € 26.1 24.9 341 241 18.5 18.3 70 17.8 n.a. -356 -424 * Including associates and excluding e&p sales in Europe and in the Gulf of Mexico Δ YoY
Slide 6: R&M performance
r&m performance sales adj. operating profit mmtonnes million € 6.0 5.8 5.7 5.5 5.0 -61 -92 -176 -24% -223 -219 Δ YoY
Slide 7: Other businesses: adjusted operating profit
other businesses: adjusted operating profit million € (82) (93) -13.4 (678) 165 n.m. (52) (43) 17.3 (76) (58) 23.7
Slide 8: Net cash from operating activities
net cash from operating activities million € net cash from net cash from operating activities operating activities pre working capital variation 8
Slide 9: Net debt evolution
net debt evolution billion € 15.0 5.7 0.8 14.6 2.0 5.5 dividends 3.0
Slide 10: Appendix
appendix
Slide 11: Results of operations
results of operations million € Q2 13 Q2 14 H1 13 H1 14 Δ% 28,121 27,353 Net sales from operations 59,287 56,556 1,471 2,255 Operating Profit 5,338 5,901 10.5 326 8 Exclusion of inventory holding (gains) losses 336 15 1,797 2,263 Replacement Cost Operating Profit 5,674 5,916 4.3 162 465 Special item
Slide 12: Main operating data
main operating data million € Q2 13 Q2 14 H1 13 H1 14 Δ% 1,648 1,584 Hydrocarbon prod. (kboe/d) 1,624 1,583 (2.5) 140.3 133.0 Production sold* (mmboe) 276.1 267.7 (3.0) 6.50 7.27 Natural gas sales in Italy** (bcm) 19.03 18.45 (3.0) 11.96 10.98 Natural gas sales international*** (bcm) 28.89 25.89 (10
Slide 13: Production by geographical area
production by geographical area kboe/d -3.9% 1,648 1,584 332 325 110 120 105 90 322 321 598 549 181 179 13
Slide 14: Oil & gas production
oil & gas production kboe/d -3.9% 1,648 1,648 1,584 1,584 181 179 845 813 1,467 1,405 803 771 14
Slide 15: Capex
capex million € 5.5% 2,825 2,979 112 151 125 141 118 57 47 2,577 2,563 -88 Q2 13 Q2 14 E&P G&P R&M E&C Other 15
Slide 16: Eni consolidated results
eni consolidated results n.m. 50% 0.24 0.18 0.16 EPS 0.07 Euro per share* 28% 14% 0.98 0.95 0.77 0.83 CFPS Euro per share* *Average shares: Q2 13 3,622.8 million; Q2 14 3,612.2 million 16