SNAM S.P.A. financials
SNAM S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
8156002278562044AF79 Financial statements
(EUR, as reported — unscaled; 127 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €3.55B | €4.24B |
| Other income | €20.0M | €44.0M |
| Operating expenses | €863.0M | €1.89B |
| Employee benefits expense | €283.0M | €248.0M |
| Raw materials & consumables used | €248.0M | €1.14B |
| Operating profit (EBIT) | €1.68B | €1.27B |
| Net finance income / (cost) | -€331.0M | -€221.0M |
| Finance costs | €526.0M | €314.0M |
| Profit before tax | €1.68B | €1.53B |
| Income tax expense | €422.0M | €389.0M |
| Profit for the year | €1.26B | €1.15B |
| — attributable to owners | €1.26B | €1.14B |
| — attributable to NCI | -€2.0M | €10.0M |
| Total comprehensive income | €1.26B | €1.10B |
| Per share | ||
| Basic EPS | €0.37 | €0.34 |
| Diluted EPS | €0.37 | €0.34 |
| Free cash flow / share | €-0.21 | €-0.50 |
| Cash flow statement | ||
| Net cash from operating activities | €1.81B | -€135.0M |
| Net cash from investing activities | -€2.68B | -€2.23B |
| Purchase of PP&E (capex) | €2.54B | €1.54B |
| Purchase of intangibles | €277.0M | €253.0M |
| Net cash from financing activities | €1.29B | €1.99B |
| Lease liability payments | €15.0M | €13.0M |
| Balance sheet | ||
| Total assets | €35.79B | €33.52B |
| Non-current assets | €27.31B | €24.59B |
| Property, plant & equipment | €20.75B | €18.94B |
| Intangible assets & goodwill | €1.56B | €1.45B |
| Current assets | €8.48B | €8.94B |
| Inventories | €2.19B | €2.81B |
| Trade & other receivables | €3.48B | €4.50B |
| Cash & equivalents | €1.81B | €1.38B |
| Total equity | €8.97B | €7.68B |
| — attributable to owners | €8.93B | €7.63B |
| Non-controlling interests | €44.0M | €45.0M |
| Non-current liabilities | €16.63B | €13.70B |
| Current liabilities | €10.19B | €12.14B |
| Trade & other payables | €5.99B | €6.47B |
| Deferred tax liabilities | €68.0M | €59.0M |
| Derived metrics | ||
| Free cash flow | -€724.0M | -€1.68B |
| Operating margin | 47.2% | 29.9% |
| Net margin | 35.4% | 27.0% |
| Return on equity | 14.0% | 14.9% |
| Cash conversion ratio | 1.44× | -0.12× |
| Capex coverage | 0.71× | -0.09× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €621.0M | €401.0M |
| Adjustments For Decrease Increase In Trade Account Receivable | €128.0M | -€413.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €1.03B | €1.13B |
| Adjustments For Dividend Income | — | €5.0M |
| Adjustments For Income Tax Expense | €422.0M | €389.0M |
| Adjustments For Increase Decrease In Trade Account Payable | -€6.0M | -€584.0M |
| Adjustments For Interest Expense | €428.0M | €258.0M |
| Adjustments For Interest Income | €195.0M | €90.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | €13.0M | €10.0M |
| Adjustments For Provisions | €144.0M | €47.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | €343.0M | €410.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €3.0M | — |
| Cash Flows From Used In Increase Decrease In Current Borrowings | -€910.0M | €1.67B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | — | €402.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | -€2.0M | €10.0M |
| Comprehensive Income Attributable To Owners of Parent | €1.27B | €1.09B |
| Current Financial Liabilities | €3.55B | €4.91B |
| Current Tax Assets Current | €37.0M | €15.0M |
| Current Tax Liabilities Current | €68.0M | €53.0M |
| Deferred Tax Assets | €451.0M | €375.0M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €1.03B | €1.13B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €946.0M | €933.0M |
| Dividends Received Classified As Operating Activities | €278.0M | €205.0M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Current Year | €390.0M | €378.0M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Prior Years | €567.0M | €553.0M |
| Equity and Liabilities | €35.79B | €33.52B |
| Finance Income | €195.0M | €93.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -€5.0M | €3.0M |
| Income Taxes Paid Refund Classified As Operating Activities | €177.0M | €272.0M |
| Increase Decrease In Cash and Cash Equivalents | €424.0M | -€375.0M |
| Increase Decrease In Working Capital | €764.0M | €2.28B |
| Increase Decrease Through Acquisition of Subsidiary | €1.0M | -€6.0M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | — | -€15.0M |
| Increase Decrease Through Sharebased Payment Transactions | €7.0M | €5.0M |
| Increase Decrease Through Transactions With Owners | €40.0M | -€929.0M |
| Increase Decrease Through Transfers and Other Changes Equity | -€12.0M | -€12.0M |
| Inflows of Cash From Investing Activities | €20.0M | €279.0M |
| Interest Paid Classified As Operating Activities | €359.0M | €217.0M |
| Interest Received Classified As Operating Activities | €81.0M | €35.0M |
| Investment Accounted For Using Equity Method | €3.26B | €3.02B |
| Investment Income | €334.0M | €484.0M |
| Issued Capital | €2.74B | €2.74B |
| Liabilities | €26.82B | €25.84B |
| Noncurrent Financial Liabilities | €14.81B | €11.74B |
| Noncurrent Inventories | €363.0M | €363.0M |
| Noncurrent Provisions For Employee Benefits | €44.0M | €28.0M |
| Other Adjustments To Reconcile Profit Loss | €6.0M | €5.0M |
| Other Comprehensive Income | €8.0M | -€48.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -€20.0M | €10.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €31.0M | -€3.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | — | -€2.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€22.0M | -€42.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €30.0M | -€6.0M |
| Other Current Assets | €612.0M | €222.0M |
| Other Current Financial Assets | €353.0M | €2.0M |
| Other Current Liabilities | €572.0M | €713.0M |
| Other Expense By Nature | €148.0M | €219.0M |
| Other Income Expense From Subsidiaries Jointly Controlled Entities and Associates | -€9.0M | €74.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€350.0M | — |
| Other Longterm Provisions | €873.0M | €663.0M |
| Other Noncurrent Assets | €782.0M | €281.0M |
| Other Noncurrent Financial Assets | €147.0M | €161.0M |
| Other Noncurrent Liabilities | €838.0M | €1.21B |
| Other Reserves | €953.0M | -€10.0M |
| Outflows of Cash From Investing Activities | €2.70B | €2.51B |
| Payments of Other Equity Instruments | €11.0M | — |
| Payments To Acquire Or Redeem Entitys Shares | €2.0M | €3.0M |
| Proceeds From Contributions of Noncontrolling Interests | €1.0M | — |
| Proceeds From Issuing Other Equity Instruments | €987.0M | — |
| Proceeds From Noncurrent Borrowings | €4.44B | €2.56B |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €1.0M | — |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €4.0M | €1.0M |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | €4.0M | €27.0M |
| Purchase of Treasury Shares | €2.0M | €3.0M |
| Repayments of Noncurrent Borrowings | €1.90B | €1.29B |
| Retained Earnings | €4.66B | €4.33B |
| Revenue and Operating Income | €3.57B | €4.29B |
| Services Expense | €184.0M | €287.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -€7.0M | -€49.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€1.0M | -€1.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €343.0M | €410.0M |
| Share Premium | €611.0M | €611.0M |
| Treasury Shares | €27.0M | €30.0M |
Methodology
Every line item above is a fact tagged in SNAM S.P.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.