Economic results by segment
The results by segment are shown on the basis of the approach used by the management to monitor Group performance in the financial years compared in observance of IFRS 8 accounting standards. Note that the results of the “Other” segment include those deriving from Acea corporate activities as well as inter-sectoral adjustments.
Environment | Commercial and Trading | Overseas | Water | Energy Infrastructures | Engineering and Services | Other | Consolidated Total | ||||||
€ Million 31.12.2018 | Generation | Distribution | IP | Adjustments | Total | Corporate | Consolidation adjustments | ||||||
Revenues | 174 | 1,693 | 39 | 841 | 81 | 559 | 48 | (2) | 687 | 74 | 129 | (566) | 3,072 |
Costs | 108 | 1,617 | 24 | 408 | 32 | 242 | 54 | (2) | 326 | 56 | 164 | (566) | 2,139 |
EBITDA | 66 | 76 | 15 | 433 | 49 | 317 | (5) | - | 361 | 18 | (35) | - | 933 |
Depreciation/amortisation and impairment charges | 27 | 72 | 7 | 212 | 24 | 129 | 9 | - | 162 | 3 | (28) | - | 455 |
Operating profit/loss | 38 | 4 | 8 | 221 | 25 | 188 | (14) | - | 199 | 15 | (7) | - | 479 |
Capex | 20 | 25 | 7 | 330 | 16 | 218 | 4 | - | 238 | 2 | 10 | - | 631 |
The revenues in the above table include the condensed result of equity investments (of a non-financial nature) consolidated using the equity method.
Environment | Commercial and Trading | Overseas | Water | Energy Infrastructures | Engineering and Services | Other | Consolidated Total | ||||||
€ Million 31.12.2017 | Generation | Distribution | IP | Adjustments | Total | Corporate | Consolidation adjustments | ||||||
Revenues | 161 | 1,577 | 36 | 731 | 70 | 528 | 62 | (1) | 659 | 84 | 120 | (545) | 2,824 |
Costs | 97 | 1,499 | 22 | 382 | 29 | 241 | 57 | (1) | 326 | 70 | 134 | (545) | 1,984 |
EBITDA | 64 | 78 | 14 | 350 | 41 | 287 | 4 | - | 333 | 15 | (14) | - | 840 |
Depreciation/amortisation and impairment charges | 39 | 60 | 6 | 158 | 24 | 141 | 1 | - | 165 | 3 | 48 | - | 480 |
Operating profit/loss | 25 | 18 | 8 | 191 | 18 | 147 | 3 | - | 168 | 11 | (62) | - | 360 |
Capex | 15 | 19 | 5 | 271 | 23 | 186 | 1 | - | 209 | 1 | 11 | - | 532 |