SEGMENT INFORMATION
The table below provides information broken down by type of business operation.
INCOME STATEMENT Electric Power Hydrocarbons Corporate Activities Adjustments Core Businesses Water   Engineering   Adjustments Total other operations Discontinued Operations Edison Group
  2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004     2005 2004 from 07.01.05 to 12.31.05 2005 2004
Sales revenues 4,993 4,304 3,303 2,231 42 62 (1,940) (1,253) 6,398 5,344 31 27 221   256     252 283   6,650 5,627
- intra-Group revenues 5 1 1,902 1,226 33 26 (1,940) (1,253) - - - - -   - - - - - - - -
EBITDA 1,006 1,205 353 335 (76) (89) 1,283 1,451   8   4 15 20     23 24   1,306 1,475
as a % of revenues 20.1% 28.0% 10.7% 15.0% na na 20.1% 27.2% 25.8%   14.8%   6.8% 7.8% na na 9.1% 8.5% na 19.6% 26.2%
Depreciation, amortization and writedowns (546) (501) (92) (134) (15) (19) (653) (654) (1) (2) (3) (4) (4) (6) (657) (660)
EBIT 460 704 261 201 (91) (108)   630 797   7   2 12 16 19 18 649 815
as a % of revenues 9.2% 16.4% 7.9% 9.0% na na na 9.8% 14.9% 22.6%   7.4%   5.4% 6.3% 7.5% 6.4% 9.8% 14.5%
Net financial income (expense) (216) (312) (3) 2 (219) (310)
Interest in result of companies
valued by the equity method 3 - - - 3 -
Income taxes (10) (73) (7) (15) (17) (88)
Profit for the period 430 409 (19) 9 13   420 422
Profit (Loss) from discontinued operations           86 86  
Minority interest in profit (loss) for the period 5 70   1 (2)   6 68
Group interest in profit (loss) for the period 425 339 (19) 8 15 86 500 354
BALANCE SHEET Electric Power Hydrocarbons Corporate Activities Adjustments Core Businesses Water   Engineering   Adjustments Total other operations Discontinued Operations Edison Group
  12.31.05 12.31.04 12.31.05 12.31.04 12.31.05 12.31.04 12.31.05 12.31.04 12.31.05 12.31.04 12.31.05 12.31.04 12.31.05                
Total assets 12,611 12,159 2,451 2,288 3,679 3,537 (2,885) (2,508) 15,856 15,476 39   49     527 (8) 31 576   15,887 16,052
Net borrowings                 4,889 5,118 (11)   (19)     (193)   (11) (212)   4,878 4,906
Other infomation
Capital expenditures 511 535 73 60 2   1 586 596 11 10 1   2 12 12 598 608
Investments in intangibles 21 2     3   4 24 6   1     1   2 24 8
Investments in exploration     22 25       22 25               22 25
Total capital investments 532 537 95 85 5   5 632 627 11 11 1   3 12 14 644 641
Number of employees 1,992 1,996 441 416 526 539   2,959 2,951 4 7   1,578   4 1,585 2,963 4,536