Reconciliation of consolidated profit for the year and equity attributable to the owners of the Parent with the corresponding figures for the Parent Company


A reconciliation of consolidated equity and profit with the amounts reported by the Parent Company is provided below:

€ million Net profit
at 31.12.2012 
Net profit
at 31.12.2011 
Financial Statements of the Parent Company 463.2 2,599.2 453.6 2,555.3
Results and equity contributed by Terna Rete Italia S.p.A. 3.7 3.7
Results and equity contributed by Terna Rete Italia S.r.l.* 55.4 115.2 0.6 59.9
Results and equity of the other Group subsidiaries (5.1) 54.9 78.5 120.8
Reversal of dividends from subsidiaries (60.0) - (100.0) -
Equity-accounted investees 6.4 21.3 7.3 15.0
Profit from continuing operations 463.6 2,794.3 327.3
Profit from discontinued operations and assets held for sale 112.7
Terna Group consolidated financial statements 463.6 2,794.3 440.0 2,751.0
*Includes for 2011 the one-off effects on the deferred tax liabilities provisions from the beginning of the year of the so-called Robin Hood Tax and the IRAP adjustment in connection with the consolidation of the subsidiary Terna Rete Italia S.r.l. (€22.4 million)