The group A2A ended 2013 with a Net income accounting dropped to 62 million euro compared to 260 million in 2012 (-76,2%). The result, explains a press release, on the one hand was affected by the accounting effect of write-downs of thermoelectric assets for 267 million (which net of the tax impact weighed for 177 million), while on the other it benefited from capital gains of 83 million deriving from other from the sale of five small hydroelectric plants.
Net income from ordinary operations stood at 156 million, with a growth of 34,5%. The GOP amounted to 1,13 billion, with an increase of 6,1%. The meeting will be presented with a dividend of 0,033 euro per share (+27% compared to 0,026 euro in 2013), for a total amount of dividends of 102,5 million.
As for the revenues they decreased in 2013 by 13,5% to 5,604 billion, "mainly as a result of the decision to contract the gas brokerage business on the wholesale markets".
THEnet financial debt, equal to 3,874 billion, decreased by approximately 0,5 billion euro compared to the end of 2012 and by one billion compared to 30 June 2012.
Less than an hour after the closing, A2A's share on the Stock Exchange dropped 3,75%.
