Paid up share capital € 22,600,000
REGISTERED OFFICE: Via Molino Rosso n.8 - 40026 IMOLA (BO)

Revenue Code/VAT reg. no. and Bologna Registry of Companies no. 02060500390

Company subject to the direction and coordination of Hera S.p.A.

Production, procurement, import, export, purchase and sale of natural gas and electric powere.

Page updated 18 October 2009

FINANCIAL STATEMENTS as at 31/12/06

The period from 01.01.2006 to 31.12.2006 closed with a net profit of € 148 thousand, after and amount of € 145 thousand which was set aside for taxes.

The performance of the period under review, insofar as the EBIT of € 462 thousand, shows an improvement of € 1,889 thousand which is mainly the result of improvements in the first gas margin of € 579 thousand and the first electricity margin of € 420 thousand, as well as the decrease in the management fee charged by the parent company HERA SpA of € 946 thousand.

The Notes to the Accounts provide an extended explanation on the accounting principles adopted for the preparation of these financial statements; please see these Notes, the auditing certificate and the report of the Board of Statutory Auditors for further accounting information.

Page updated 29 July 2010