2014 9M
Report on operations
Salini Impregilo Pro-Forma
Impregilo
Salini Impregilo
Add to print basket
Go to print basket
Report on operations |
II - Operating performance by geographic region |
Other non-EU countries
On November 17, 2011, the subsidiary SKG, in which Kolin and Generali Costruzioni Ferroviarie also hold a stake, received the order to start work on the "Rehabilitation and reconstruction of the Kosekoy-Gezbe section of the Ankara Istanbul high speed train project".
The initiative, emblematic of the remodernization of Turkey's transportation system, includes dismantling of the current railway line and subsequent construction of a new dual-track line some 55.6 km long connecting the country's two "capitals". The new railway line will have an operating speed of 160 km/h.
Construction of the railway superstructure and the signaling, electrification, and telecommunication works are part of the project.
In August 2012, the Client issued a new service order to widen the railway for the addition of a future third line.
The funding body formally authorized its construction and now the project is pending a formal draft of the addendum.
The contractual amount comes to approximately € 147 million.
Removal of the existing railway section and civil engineering works has been completed, while the railway works and electromechanical works are at an advanced stage.
Despite the absence of the signaling system, on July 24, 2014 the Customer issued the Take Over certificate for the infrastructure, superstructure and electrification subsystems. On July 25, 2014 the railway was inaugurated and opened to the public.
The percentage of work completion as of September 30, 2014, was 94.7%
On March 26, 2013, the Ministry of Health of the Republic of Turkey awarded Salini S.p.A., as part of a joint venture with the Korean company Samsung C&T, the Dutch company Simed, and the local company Kayi Insaat, a concession to build and manage an important hospital complex in the city of Gaziantep with a total of 1,875 beds on a surface area of just over 500,000 square meters.
The initiative will be carried out based on the PPP (Public Private Partnership) model through an SPV (Special Purpose Venture) in which Salini Impregilo held 28%, and now holds 35.5% due to the exit of the Dutch company Simed. The remaining shares are held by Samsung C&T (29%) and by local company Kayi Insaat (35.5%). In turn, the SPV will assign the design, construction, and supply work to a joint venture consisting of Salini Impregilo, Samsung, and Kayi, for a total value of approximately € 510 million.
The operator was duly registered with the Istanbul Chamber of Commerce on June 20, 2013 under the name of Gaziantep Hastane Sagalik Izmetleri Isleteme Anonim Sirket.
The preliminary design of the healthcare facility (Conceptual Design) was completed at the end of February 2014 and the next phase is currently underway.
A contract was signed on July 19, 2011 for the resurfacing of roughly 53 km of the M5 Minsk-Gomel road stretch, for a total value of approximately € 93 million.
Physical production started in November 2011, after the Client delivered the four acquired lots, and was completed on November 15, 2013.
The contract is currently in the maintenance period, which will end on November 15, 2015.
I - Performance of the Group's operations for the first nine months of 2014
II - Operating performance by geographic region
Order backlog
Acquisition of new orders
Risk areas
© 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.
Interactive KPIs
Solid Strategy
Solid Growth
Solid Future
Solid World
Consolidated Statements
Key events of the period
Interactive KPI
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
Financing income (costs) and gains (losses) on investments
Loss from discontinued operations
Non-controlling interests
The Group's financial position
Net invested capital
Non-current assets (liabilities) held for sale
Provisions for risks
Net tax assets
Net financial indebtedness
Performance by geographical segment
Main risk factors and uncertainties
Human resources and organisation
Attraction and development of talent
Remuneration policies and Performance management
Principal labour relations
Events after the reporting period
Alternative performance indicators
Notes to the condensed interim consolidated financial statements
Consolidation scope
Statement on the condensed interim consolidated financial statements
Letter of the CEO to the Shareholders
World Presence and Group Mission
Interactive KPI 2015
Performance of the Group and the Parent Company in 2015
Analysis of the financial position and results of operations
Profit (loss) from discontinued operations
Financial position of the Group
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
International Operating Sector
Order portfolio
Sustainability Business Model
Human resources and organization
News concerning trade union aspects at the national level
Trade union relations
Quality, safety and the environment
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
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
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
Notes to the separate financial statements
Intragroup transactions, Equity investments
Statement to the Financial Statements
2015 Interactive KPI
Performance of the Group's operations
Macroeconomic scenario and reference markets
Analysis of the income statement and statement of financial position
Property, plant and equipment, intangibles and non-current financial assets
Post-employment benefits and employee benefits
Net tax assets (liabilities)
Operating Performance of the Main Projects and Order Backlogs
Risk areas and Litigation
Industrial relations and management of headquarters personnel
Industrial relations and management of operational project personnel
Consolidated income statement
Statement of changes in consolidated equity
Scope of Consolidation
Statement on the Condensed consolidated interim financial statements
Auditors' Report
CEO's Letter to Shareholders
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
Expansion of the Panama Canal
Non-current assets held for sale and discontinued operations
Part one - SUW Campania Projects
Part two - Todini Costruzioni Generali Group
Sustainability Model
Quality, safety, the environment
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
Consolidated statement of financial position
Consolidated statement of comprehensive income
Consolidated statement of cash flows
Statement of Financial position of Salini Impregilo S.p.A.
Income statement of Salini Impregilo S.p.A.
Statement on the separate financial statements
Macroeconomic Scenario
Consolidated income statement by geographical region
Consolidated statement of financial position at September 30, 2014 by geographic region
USW Campania Projects
Todini Costruzioni Generali Group
Events occurring after the end of the period
I - Performance of the Group's operations in the first half of 2014
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
Fisia Babcock Environment GmbH
Events occurring after June 30, 2014
Business outlook for the balance of the current year
I - Performance of the Group's operations in the first quarter of 2014
Relevant markets
Analysis of the income statement and statement of financial position of the Salini Impregilo Group
Segment's risk areas
Accounting standards and valuation criteria
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.
Events occurring after March 31, 2014
Group summary
Quality, Safety and Environment
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
Portfolio of work in hand
Construction Sector
Risk areas of the industry
Plants segment
Non-current assets held for sale
Salini S.p.A.
Consolidates statements
Consolidated statement of income
Consolidated statement of changes in equity
Statements and reports
Separate statements
Group highlights
Analysis of Impregilo group's and parent's financial position and results
Performance of the parent Impregilo S.p.A.
Financial position of the parent Impregilo S.p.A.
Performance by business segment
Acquisition of new contracts
Engineering & Plant Construction
Risks areas
Impregilo group risk management
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
Safety, the environment and quality
The Sustainability Strategy
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
Treatment of company information
Board committees (article 123-bis.2.d) of the Consolidated Finance Act)
Appointment 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)
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 financial statements position
Consolidated financial statements of Impregilo Group
Separate financial statements position
Separate statement of financial position
Separate financial statements of Impregilo Group
2017 1H Results
2016 FY Results
2015 9M Results
2015 1Q Results