Eni’s Interactive Annual Report is designed to allow users easier access to the content.
For us, the Annual Report is an experience: numbers, words and images provide a quick and easy overview.
In addition to a clear and structured presentation of the text, the interactive version provides a number of features that improve speed of access and use of data*.Interactive Annual Report 2017
*Effective January 1, 2016, management elected to change the criterion to recognize exploration expenses adopting the successful-effort-method (SEM). The successful-effort method is largely adopted by oil&gas companies, to which Eni is increasingly comparable given the recent re-focalization of the Group activities on its core upstream business. In accordance to IAS 8 “Accounting policies, Changes in accounting estimates and Errors”, the SEM application is a voluntary change in accounting policy explained by the alignment with an accounting standard largely adopted by oil&gas companies and as such it has been applied retrospectively for the 2015 and 2014 years.
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