(a) The results for 2009 include the associated effects of consolidating Italgas and Stogit as from 30 June 2009, the completion date of the transaction.
(b) Net profit is attributable to Snam Rete Gas.
(c) As required by IAS 33 “Earnings per share”, the ordinary shares issued as part of the cost of a business combination have been included in the weighted average number of shares from the date of acquisition of control (30 June 2009).
(d) According to the “Principles and Conventions” of Borsa Italiana, an appropriate adjustment coefficient must be applied to the historical price series after extraordinary transactions (capital increases, share splits, groupings, mergers, payment of extraordinary dividends) in order to restore the continuity and comparability of share prices. The official Snam Rete Gas share prices for 2007 and 2008 have therefore been adjusted.
(e) Number of shares outstanding multiplied by the official year-end price per share. The figures for 2007 and 2008 were calculated on the basis of historical prices (€4.35 and €3.98 respectively at the end of each year) and do not take into account the price adjustment following the capital increase.
(f) The amount for 2009, relating to the balance, was estimated on the basis of the number of shares outstanding at 31 December 2009.
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