A2A S p A : Consolidated Financial Statements at 31 december 2021

2021

Consolidated Financial Statements

Consolidated financial

statements

2021

these Financial Statements are available at the website

Contents

1	Consolidated financial statements
1.1	Consolidated balance sheet	6
1.2	Consolidated income statement	8
1.3	Consolidated statement of comprehensive income	9
1.4	Consolidated cash-flow statement	10
1.5	Statement of changes in Group equity	11
1.6	Breakdown of the balance sheet with evidence of the effect
of the first consolidation of the 2021 acquisitions	12
1.7	Breakdown of the economic effect of the consolidation of new acquisitions 2021	14
2	Consolidated financial statements pursuant
to Consob Resolution no. 17221 of March 12, 2010
2.1	Consolidated balance sheet pursuant
to Consob Resolution no. 17221 of March 12, 2010	18
2.2	Consolidated income statement pursuant
to Consob Resolution no. 17221 of March 12, 2010	20
3	Notes to the Consolidated annual report
3.1	General information	22
3.2	Consolidated annual report	23
3.3	Financial statements	24
3.4	Basis of preparation	25
3.5	Changes in international accounting standards	26
3.6	Scope of consolidation	28
3.7	Consolidation policies and procedures	29
3.8	Accounting standards and policies	33
3.9	Business Units	45
3.10	Results sector by sector	46
3.11	Notes to the balance sheet	50
3.12	Net debt	77
3.13	Notes to the income statement	79
3.14	Earnings per share	88
3.15	Note on related party transactions	89
3.16	Consob Communication no. DEM/6064293 of July 28, 2006	92
3.17	Guarantees and commitments with third parties	93
3.18	Other information	94
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A2A Consolidated financial statements 2021

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Attachments to the notes to the Consolidated annual report

4.1	1. Statement of changes in tangible assets	128
4.2	2. Statement of changes in intangible assets	130
4.3	3. List of companies included in the consolidated annual report	132
4.4	4. List of shareholdings in companies carried at equity	140
4.5	5. List of holdings in other companies	143
4.6	Certification of the consolidated financial statements pursuant
to article 154-bis, paragraph 5 of Legislative Decree no. 58/98	144
5	Independent Auditors' Report	145

This is a translation of the Italian original "Relazione finanziaria annuale consolidata 2021" and has been prepared solely for the convenience of international readers. In the event of any ambiguity the Italian text will prevail. The Italian original is available at the website.

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