Marchi Industriale s.p.a.
| Income statement Marchi Industriale (€/M) | FY | FY | FY |
| 2016 | 2015 | 2014 | |
| Value of Production | 33,56 | 33,49 | 32,19 |
| Operating Costs | -25,34 | -26,12 | -25,13 |
| EBITDA | 8,22 | 7,37 | 7,06 |
| EBITDA % | 24,5% | 22,0% | 21,9% |
| Depreciation and impairment ante reassessment L. 147/2013 | -2,42 | -3,03 | -3,64 |
| Depreciation and impairment post reassessment L. 147/2013 | -1,73 | 1,21 | -0,64 |
| EBIT | 4,08 | 3,14 | 2,77 |
| EBIT % | 12,1% | 9,4% | 8,6% |
| Charges and income from equity investments | -0,42 | 0,24 | 1,75 |
| EBIT | 3,65 | 3,38 | 4,52 |
| EBIT % | 10,9% | 10,1% | 14,1% |
| Financial charges and income | 0,13 | 0,09 | -0,07 |
| Extraordinary charges and income | 0,00 | 0,03 | 0,02 |
| Income Before Tax | 3,78 | 3,51 | 4,47 |
| Tax on business | -1,28 | -0,98 | -0,96 |
| Net Income | 2,50 | 2,53 | 3,50 |
| Net Income % | 7,4% | 7,5% | 10,9% |
| * margin expansion | |||
| Marchi Industriale Balance sheet | FY | FY | FY |
| (€/M) | 2016 | 2015 | 2014 |
| INVESTED CAPITAL | |||
| Assets in operation BU basic chemistry | 11,68 | 15,38 | 16,44 |
| Construction in progress and advances BU basic chemistry | 1,05 | 0,12 | 0,37 |
| Investments- Agrimont srl | 0,37 | 0,79 | 0,69 |
| Marchi Energia srl - Equity investments | 0,19 | 0,19 | 0,19 |
| Financing Marchi Energia srl | 0,95 | -0,03 | -0,42 |
| Heliopolis Energia SpA - Equity investments | 0,50 | 0,50 | 0,00 |
| Efesto Energy - Investment fund shares | 8,22 | 8,22 | 8,22 |
| Net Working Capital | 13,88 | 11,16 | 10,95 |
| Other Funds | -1,24 | -1,33 | -1,36 |
| Net Invested Capital | 35,59 | 35,00 | 35,08 |
| SOURCES OF FINANCING | |||
| Shareholders ' equity | 37,47 | 36,37 | 35,25 |
| (a) Net Financial Position from infragroup fundings | 2,00 | 2,00 | 2,00 |
| Funding from connected | 2,00 | 2,00 | 2,00 |
| (b) Net Financial Position from bank debt | -3,87 | -3,37 | -2,17 |
| Short-term Net Financial Position | -3,87 | -3,37 | -2,17 |
| Own Funds and Net Financial Indebtedness | 35,59 | 35,00 | 35,08 |
| 2016: Current NFP | |
| (€/M) | |
| Others loans | -2,00 |
| Banks for short-term financial debts | -9,37 |
| Banks trade Payables | -0,97 |
| C/C corrispondence Marchi | 0,10 |
| Banks current accounts, policies, cash and cheques | 14,12 |
| Short-term Net Financial Position | 1,87 |
| Marchi Industriale Cash Flow Statement | |
| (€/M) | |
| A. NET FINANCIAL POSITION AT BEGINNING OF PERIOD | 1,37 |
| B. CASH FLOW GENERATED (ABSORBED) BY OPERATING ACTIVITIES | 7,05 |
| Net income for the period | 2,50 |
| Amortization and depreciaton | 4,57 |
| (Gains) and losses on investments | -0,02 |
| C. CASH FLOW GENERATED (ABSORBED) BY CHANGES IN NET WORKING CAPITAL | -2,81 |
| D. CASH FLOW GENERATED (ABSORBED) BY INVESTING ACTIVITIES | -2,34 |
| E. CASH FLOW GENERATED (ABSORBED) BY FINANCIAL ACTIVITIES | -1,40 |
| F. NET CASH FLOW FOR THE PERIOD (B + C + D + E) | 0,50 |
| G. CLOSING CURRENT NET FINANCIAL POSITION | 1,87 |