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Solid
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Consolidated
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Solid
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Annual Report 2016
ANNUAL REPORT 2016
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FY16 Financial Results
FY16 FINANCIAL RESULTSPresentation
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Sustainability Report 2016
SUSTAINABILITY REPORT 2016
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2016 Interactive KPIs2016
INTERACTIVE KPIs
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© 2015 Salini Impregilo S.p.A

Salini Impregilo S.p.A. a Company subject to direction and coordination of Salini Costruttori S.p.A. | Share Capital € 600,000,000.00 Headquarters: Via dei Missaglia, 97 - 20142 Milano | Tel: +39.02.444 22111 - F +39 06 677626288 Milan Monza Brianza Lodi Business Registry  and tax identification number 00830660155 - VAT 02895590962 - Copyright © 2014 Salini Impregilo. All Rights Reserved.

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    • 2017
      • FY
        • Interactive KPIs
      • 1H
    • 2016
      • FY
        • HOME
        • Letter to Shareholders
        • Solid Strategy
        • Solid Growth
        • Solid Future
        • Solid World
        • Consolidated Statements
      • 1 H
        • Company officers
        • Key events of the period
        • Financial highlights
        • Interactive KPI
        • Directors’ report
          • The Group’s performance in the first half of 2016
            • Analysis of Salini Impregilo Group’s financial position and results of operations for the six months
            • Group performance
              • Revenue
              • Operating profit
              • Financing income (costs) and gains (losses) on investments
              • Income tax expense
              • Loss from discontinued operations
              • Non-controlling interests
          • The Group’s financial position
            • Net invested capital
            • Non-current assets
            • Goodwill
            • Non-current assets (liabilities) held for sale
            • Provisions for risks
            • Net tax assets
            • Working capital
            • Net financial indebtedness
          • Performance by geographical segment
            • Italy
            • Abroad
              • United States
              • Australia
              • Saudi Arabia
              • Qatar
              • Ethiopia
              • Nigeria
              • Venezuela
              • Peru
              • Denmark
            • Concessions
            • Order backlog
          • Business risk management
            • Main risk factors and uncertainties
            • Country risk
          • Human resources and organisation
            • Organisation
            • Training
            • Attraction and development of talent
            • Remuneration policies and Performance management
            • Principal labour relations
          • Events after the reporting period
          • Outlook
          • Alternative performance indicators
          • Other information
        • Consolidated financial statements
          • Statement of financial position
          • Income statement
          • Statement of comprehensive income
          • Statement of cash flows
          • Statement of changes in equity
          • Notes to the condensed interim consolidated financial statements
          • Consolidation scope
          • Statement on the condensed interim consolidated financial statements
          • Independent Auditor’s Report
    • 2015
      • FY
        • Letter of the CEO to the Shareholders
        • Company Officers
        • World Presence and Group Mission
        • Financial Highlights
        • Interactive KPI 2015
        • Directors’ report
          • Performance of the Group and the Parent Company in 2015
            • Analysis of the financial position and results of operations
            • Group performance
              • Revenue
              • Operating profit
              • Financing income (costs) and gains (losses) on investments
              • Income taxes
              • Profit (loss) from discontinued operations
              • Non-controlling interests
            • Financial position of the Group
              • Net invested capital
              • Net financial position
            • Performance of the Parent Company Salini Impregilo S.p.A.
            • Financial position of the Parent Company Salini Impregilo S.p.A.
          • Operating performance by geographic region
            • Italy
            • International Operating Sector
              • Saudi Arabia
              • Qatar
              • Ethiopia
              • Nigeria
              • Venezuela
              • Panama
              • Perù
              • United States
              • Denmark
              • Poland
              • Australia
              • Concessions
              • Order portfolio
          • Risk management system
            • Main risk factors and uncertainties
              • Claims
          • Sustainability Business Model
          • Human resources and organization
            • Organization
            • Training
            • Attraction and development of talent
            • Remuneration Policies and Performance Management
            • News concerning trade union aspects at the national level
            • Trade union relations
          • Quality, safety and the environment
            • Environmental protection
            • Employee health and safety
              • Safety numbers
          • Events occurring after the end of the reporting period
          • Business outlook for the current year
          • Report on corporate governance and the ownership structure
          • Alternative performance indicators
          • Other information
          • Proposal by the Board of Directors to the Shareholders of Salini Impregilo S.p.A.
        • Consolidated financial statements at December 31, 2015
          • Consolidated statements of financial position
          • Income statement
          • Statement of comprehensive income
          • Statement of cash flows
          • Statement of changes in equity
          • Notes to the consolidated financial statements
          • Intragroup transactions, Equity investments, Scope of Consolidation
          • Statement on the consolidated financial statements
        • Separate financial statements of Salini Impregilo S.p.A. at December 31, 2015
          • Statements of financial position
          • Income statement
          • Statement of comprehensive income
          • Statement of cash flows
          • Statement of changes in equity
          • Notes to the separate financial statements
          • Intragroup transactions, Equity investments
          • Statement to the Financial Statements
      • 9M
      • 1H
        • Company Officers
        • Financial Highlights
        • 2015 Interactive KPI
        • Directors’ Report
          • Performance of the Group’s operations
            • Macroeconomic scenario and reference markets
            • Analysis of the income statement and statement of financial position
            • Group performance
              • Revenue
              • Operating profit
              • Financing income (costs) and gains (losses) on investments
              • Income taxes
              • Profit (loss) from discontinued operations
              • Non-controlling interests
            • Financial position of the Group
              • Net invested capital
              • Property, plant and equipment, intangibles and non-current financial assets
              • Non-current assets (liabilities) held for sale
              • Provisions for risks
              • Post-employment benefits and employee benefits
              • Net tax assets (liabilities)
              • Working capital
              • Net financial position
          • Operating Performance of the Main Projects and Order Backlogs
            • Italy
            • Greece
            • Denmark
            • Romania
            • Poland
            • Austria
            • Turkey
            • Belarus
            • Malaysia
            • Kazakhstan
            • United Arab Emirates
            • Qatar
            • Saudi Arabia
            • Libya
            • South Africa
            • Ethiopia
            • Nigeria
            • Namibia
            • Sierra Leone
            • Zimbabwe
            • United States
            • Venezuela
            • Panama
            • Colombia
            • Chile
            • Argentina
            • Australia
            • Order Backlog
            • Concessions
            • Acquisition of new orders
            • Risk areas and Litigation
          • Human resources and organisation
            • Organization
            • Training
            • Attraction and development of talent
            • News concerning trade union aspects at the national level
            • Industrial relations and management of headquarters personnel
            • Industrial relations and management of operational project personnel
          • Significant events
          • Outlook
          • Other information
          • Alternative performance indicators
        • Consolidated financial statements
          • Statement of financial position
          • Consolidated income statement
          • Statement of comprehensive income
          • Statement of cash flows
          • Statement of changes in consolidated equity
          • Notes to the consolidated financial statements
          • Scope of Consolidation
          • Statement on the Condensed consolidated interim financial statements
          • Auditors’ Report
      • 1Q
    • 2014
      • FY
        • Company officers
        • CEO’s Letter to Shareholders
        • Financial highlights
        • 2014 Interactive KPI
        • Directors’ Report
          • Performance of the Group and the Parent Company in 2014
            • Macroeconomic scenario and principal markets
            • Analysis of the income statement and statement of financial position of the Salini Impregilo Group and the Parent Company.
            • Operating performance of the Group
              • Revenue
              • Operating profit
              • Financing income (costs) and gains (losses) on investments
              • Profit (loss) from discontinued operations
            • Financial position of the Group
              • Net invested capital
              • Non-current assets (liabilities) held for sale
            • Performance of the Parent Company Salini Impregilo S.p.A.
            • Financial position of the Parent Company Salini Impregilo S.p.A.
          • Operating performance by geographic region
            • Italy
            • Greece
            • Denmark
            • Romania
            • Poland
            • Turkey
            • Belarus
            • Malaysia
            • Kazakhstan
            • United Arab Emirates
            • Qatar
            • Saudi Arabia
            • Libya
            • South Africa
            • Ethiopia
            • Nigeria
            • Namibia
            • Sierra Leone
            • Zimbabwe
            • United States
            • Venezuela
            • Expansion of the Panama Canal
            • Colombia
            • Chile
            • Argentina
            • Australia
            • Order backlog
            • Concessions
            • Acquisition of new orders
            • Risk areas
            • Other activities
          • Non-current assets held for sale and discontinued operations
            • Part one - SUW Campania Projects
            • Part two - Todini Costruzioni Generali Group
          • Sustainability Model
          • Human resources and organization
            • Organization
            • Training
            • Attraction and development of talent
            • News concerning trade union aspects at the national level
            • Industrial relations and management of headquarters personnel
            • Industrial relations and management of operational project personnel
            • Subsequent events
          • Quality, safety, the environment
            • Environmental protection
            • Safety numbers
          • Events occurring after the end of the reporting period
          • Business outlook for the current year
          • Other information
          • Alternative performance indicators
          • Report on corporate governance and the ownership structure
            • 1. Issuer profile
            • 2. Information on the ownership structure (Article 123-bis.1 of TUF) as at March 19, 2015
            • 3. Compliance (Article 123-bis.2.a) of TUF)
            • 4. Board of Directors
            • 5. Handling of company information
            • 6. Board Committees (Article 123-bis.2.d) of TUF)
            • 7. Nominating Committee
            • 8. Compensation Committee
            • 9. Directors' Remuneration
            • 10. Control and Risk Committee
            • 11. Internal Control and Risk Management System
            • 12. Directors' interests and related party transactions
            • 13. Appointment of statutory auditors
            • 14. Composition and duties of the Board of Statutory Auditors (Article 123-bis.2.d) of TUF
            • 15. Investor Relations
            • 16. Shareholders' Meetings (Article 123-bis.2.c) of TUF)
            • 17. Additional Corporate Governance practices (Article 123-bis.2.a) of TUF)
            • 18. Changes since year end
          • Proposal by the Board of Directors to the Shareholders of Salini Impregilo S.p.A.
        • Consolidated financial statements at December 31, 2014
          • Consolidated statement of financial position
          • Consolidated income statement
          • Consolidated statement of comprehensive income
          • Consolidated statement of cash flows
          • Statement of changes in consolidated equity
          • Notes to the Consolidated financial statements
          • Intragroup Transactions, Equity Investments, Scope of Consolidation
          • Statement on the consolidated financial statements
        • Separate financial statements of Salini Impregilo S.p.A. at December 31, 2014
          • Statement of Financial position of Salini Impregilo S.p.A.
          • Income statement of Salini Impregilo S.p.A.
          • Statement of comprehensive income
          • Statement of cash flows
          • Statement of changes in equity
          • Notes to the financial statements
          • Intragroup transactions, Equity investments
          • Statement on the separate financial statements
      • 9M
        • Financial highlights
        • Corporate bodies
        • Report on operations
          • I - Performance of the Group’s operations for the first nine months of 2014
            • Macroeconomic Scenario
            • Analysis of the income statement and statement of financial position
            • Operating performance of the Group
            • Financial position
          • II - Operating performance by geographic region
            • Italy
            • European Union
            • Other non-EU countries
            • Asia
            • Middle East
            • Africa
            • North America
            • Latin America
            • Oceania
            • Order backlog
            • Acquisition of new orders
            • Risk areas
            • Other activities
        • Financial statements
          • Consolidated statement of financial position
          • Consolidated income statement
          • Consolidated statement of comprehensive income
          • Consolidated statement of cash flows
          • Consolidated income statement by geographical region
          • Consolidated statement of financial position at September 30, 2014 by geographic region
        • Other info
          • Non-current assets held for sale and discontinued operations
            • USW Campania Projects
            • Todini Costruzioni Generali Group
          • Events occurring after the end of the period
          • Business outlook for the current year
          • Other information
      • 1H
        • Financial highlights
        • Corporate bodies
        • Report on operations
          • I - Performance of the Group's operations in the first half of 2014
            • Macroeconomic Scenario
            • Analysis of the income statement and statement of financial position
            • Operating performance of the Group
            • Financial position
          • II - Operating performance by geographic region
            • Italy
            • European Union
            • Other non-EU countries
            • Asia
            • Middle East
            • Africa
            • North America
            • Latin America
            • Oceania
            • Order backlog
            • Acquisition of new orders
            • Other activities
            • Risk areas
        • Financial statement
          • Consolidated statement of financial position
          • Consolidated income statement
          • Consolidated statement of comprehensive Income
          • Consolidated statement of cash flows
          • Statement of changes in consolidated equity
          • Notes
          • Attachments
        • Other info
          • Non-current assets held for sale and discontinued operations
            • USW Campania Projects
              • Overview of the main events that occurred up to December 31, 2013
              • Litigation currently pending for the USW Campania Projects
              • Assessment by the Board of Directors regarding the status of the USW Campania Projects at June 30, 2014
            • Todini Costruzioni Generali Group
            • Fisia Babcock Environment GmbH
          • Events occurring after June 30, 2014
          • Business outlook for the balance of the current year
          • Other information
      • 1Q
        • Financial highlights
        • Corporate bodies
        • Report on operations
          • I - Performance of the Group’s operations in the first quarter of 2014
            • Macroeconomic scenario
            • Relevant markets
            • Analysis of the income statement and statement of financial position of the Salini Impregilo Group
            • Operating performance of the Group
            • Financial position of the Group
          • II - Operating performance by geographic region
            • Italy
            • European Union
            • Other non-EU countries
            • Asia
            • Middle East
            • Africa
            • North America
            • Latin America
            • Australia
            • Order backlog
            • Acquisition of new orders
            • Segment’s risk areas
            • Other activities
        • Financial statements
          • Consolidated statement of financial position
          • Consolidated income statement
          • Consolidated statement of comprehensive income
          • Consolidated statement of cash flows
          • Accounting standards and valuation criteria
        • Other info
          • Non-current assets held for sale and discontinued operations
            • USW Campania Projects
              • Overview of the main events that occurred up to December 31, 2013
              • Litigation currently pending for the USW Campania Projects
              • Assessment by the Board of Directors regardind the status of the USW Campania Projects at March 31, 2014
            • Tondini Costruzioni generali Group
            • Fisia Babcock Environment G.m.b.H.
          • Other information
          • Events occurring after March 31, 2014
          • Business outlook for the balance of the current year
    • 2013
      • Salini Impregilo Pro-Forma
      • Salini
        • Highlights
        • Corporate bodies
        • Director’s Report
          • Group summary
            • Macroeconomic scenario and reference markets
            • Sustainable development
            • Quality, Safety and Environment
            • Corporate Governance
            • Human Resources
            • Creating a Campione Nazionale®
          • Operating performance
            • Analysis of income, financial position and cash flow
              • Summary of consolidated financial information
              • Group reclassified income statement
              • Economic and operating performance
              • Reclassified statement of financial position
              • Financial results
              • Net financial position
            • Portfolio of work in hand
            • Construction Sector
              • Foreign
              • Italy
              • Risk areas of the industry
            • Concessions
            • Plants segment
              • Risk areas of the industry
            • Non-current assets held for sale
            • Salini S.p.A.
          • Other information
        • Consolidated financial statements
          • Consolidates statements
            • Consolidated statement of income
            • Consolidated statement of comprehensive income
            • Consolidated statement of financial position
            • Consolidated statement of changes in equity
            • Consolidated statement of cash flows
          • Notes to the consolidated financial statements
          • Statements and reports
        • Separate financial statements
          • Separate statements
            • Income statement
            • Statement of comprehensive income
            • Statement of financial position
            • Statement of changes in equity
            • Statement of cash flows
          • Notes to the financial statements
          • Statements and reports
      • Impregilo
        • Group highlights
        • Corporate bodies
        • Group structure
        • Directors’ report
          • Part I
            • Performance of the Group and the Parent Company in 2013
            • Analysis of Impregilo group’s and parent’s financial position and results
            • Performance
            • The group’s financial position
            • Performance of the parent Impregilo S.p.A.
            • Financial position of the parent Impregilo S.p.A.
          • Part II
            • Performance by business segment
              • Corporate
              • Construction
                • Italy
                • Abroad
                • Order backlog
                • Acquisition of new contracts
                • Risk areas
              • Concessions
              • Engineering & Plant Construction
                • Order backlog
                • Acquisition
                • Risks areas
                • Impregilo group risk management
            • Non-current assets held for sale
              • Campania USW projects: summary of events up to 31 December 2013
              • The litigation currently pending for the Campania USW Projects
              • The directors' assessment of the situation at 31 December 2013
            • Human resources and organisation
            • Safety, the environment and quality
              • The Sustainability Strategy
              • Environmental sustainability
              • Our social responsibility
            • Events after the reporting period
            • Outlook
            • Other information
            • Report on corporate governance and the ownership structure
              • Issuer profile
              • Information on the ownership structure (article 123-bis.1 of the Consolidated Finance Act) at 19 March 2014
              • Salini Impregilo has complied with the requirements of the original version of the Code of Conduct issued by the Committee for C
              • Board of directors
              • Treatment of company information
              • Board committees (article 123-bis.2.d) of the Consolidated Finance Act)
              • Appointment committee
              • Remuneration committee
              • Directors' remuneration
              • Risk and control committee
              • Internal controls and risk management
              • Directors' interests and related party transactions
              • Appointment of statutory auditors
              • Composition and working of the Board of Statutory Auditors (article 123- bis.2.d) of the Consolidated Finance Act)
              • Investor relations
              • Shareholders' meetings (article 123-bis.2.c) of the Consolidated Finance Act)
              • Additional corporate governance practices (article 123-bis.2.a) of the Consolidated Finance Act)
              • Changes since year end
            • Proposal by the Board of Directors to the shareholders of Impregilo S.p.A.
        • Consolidated statements
          • Consolidated financial statements position
            • Consolidated statement of financial position
            • Consolidated income statement
            • Consolidated statement of cash flows
            • Statement of changes in consolidated equity
          • Notes to the consolidated financial statements
          • Consolidated financial statements of Impregilo Group
        • Separate statements
          • Separate financial statements position
            • Separate statement of financial position
            • Income statement
            • Statement of cash flows
            • Statement of changes in equity
          • Notes to the separate financial statements
          • Separate financial statements of Impregilo Group
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