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ITEN

Glossary

  • Cash Flow

    Cash and cash equivalents generated by an entity over a certain period of time.
  • Cathode Protection

    Method of protection against corrosion for pipelines
  • Comprehensive income

    Includes both net income for the period and changes in equity, which are recognised in equity in accordance with international accounting standards.
  • Controllable fixed costs

    Fixed operating costs of regulated activities.
  • Core business revenue

    Income from selling goods and/or providing services that are integral to the core business.
  • Corporate Governance

    Set of rules that monitor and direct the management and control of an entity.
  • Derivatives

    Financial instruments with a price/yield profile that derives from the price/yield parameters of other major instruments.
  • Dividend

    Payment to shareholders.
  • Dividend payout

    Ratio between the dividend and net profit for the period.
  • EBIT

    Difference, in a given period, between sales, services revenues, other revenue, operating costs, amortisation, depreciation and impairment losses.
  • EBITDA

    Used by Snam in its internal and external presentations.
  • Energy efficiency

    Energy efficiency policies
  • Entry point (NN)

    Each of the points or local group of physical points of the National Gas Pipeline Network at which gas is delivered by the User to the Transporter.
  • Excise Duty

    Indirect tax
  • Gas Day

    Period of 24 consecutive hour
  • Gas pipeline

    Pipeline used for the transportation of natural gas
  • Inch

    Equal to 2.54 cm
  • Injection phase

    Period from 1 April to 31 October of the same year.
  • Investments

    Costs incurred for the acquisition of long-term assets where the useful life does not expire over one reporting period.
  • Phytodepuration

    Closed cycle phytodepuration systems fot the treatment of domestic wastewater at gas compressor stations
  • No results found
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updated
05 August 2016 - 16:41 CEST