Profits fly by Cassa Depositi e Prestiti (Cdp), company that controls 26% of Eni and 30% of Terna. Lens, checked in turn to the 70% from the Ministry of the Economy, closed 2011 with a net profit of 1,612 billion euro. The positive result is due in particular to the increase in the interest margin (+40% to 2,329 billion) deriving from the stabilization of lending and funding rates, reads a note.
Profit is up 18% compared to 2010 if both are purged of discontinuity factors. That is, in 2010 the capital gain of around one billion recorded following the share swap completed with the MEF and in 2011, a different accounting method resulting from the different nature of the consideration paid to Poste Italiane for the placement and management of postal savings.
The result allows you to distribute dividends for 371 million. The consolidated data as at 31 December 2011 show a net profit pertaining to the parent company equal to 2,167 billion, down by 7,5% compared to the 2010 result. Total balance sheet assets reached 287,143 billion (+10% year on year). The shareholders' equity attributable to the parent company amounted to 15,525 billion, showing a growth of 12%.
Vincenzo La Via took the place of the outgoing Vittorio Grilli as a new member of the board of directors. The shareholders' meeting also integrated the board of statutory auditors, appointing Gerhard Brandstatter as statutory auditor and Piergiuseppe Dolcini and Francesco Bilotti as alternate statutory auditors.
