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Annual Report
2008
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Front page
Front page of
Terna 2008
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TERNA in 2008
Chairman's message
Letter to Shareholders
Corporate bodies
Terna's Management
Terna Group
The Company
Shareholders
An international Group
History
Grid Development and the environment
A sustainable business model
Terna's number
Terna's highlights
Terna and the financial markets
Directors’ Report
Highlights
Group performance and financial position
Reclassified Income Statement
Reclassified Balance Sheet
Cash flows
Change in net financial position
Net financial debt
Performance by geographic area and by business segment
Significant events in 2008
Other activities
Risks and uncertainties
Company security
Corporate Social Responsibility
Operation in Brazil
Related party transactions
Other information
Electricity system
Energy overview
Dispatching and trade
Electricity business
Coverage of demand
Provisioning of dispatching resources
Interruptibility service
Service quality, unsupplied energy and other service issues
National Transmission Grid
National Transmission Grid development plan
Italy’s regulatory framework
TERNA SPA financial statements
Terna S.p.A. performance and financial position
Reclassified income statement
Reclassified balance sheet
Cash flows
Change in net financial position
Net financial debt
Statement of reconciliation
Financial statements
Income statement
Balance sheet assets
Balance sheet liabilities
Statement of changes in consolidated equity
Cash flow statement
Notes to the financial statements
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TERNA in 2008
Directors’ Report
Electricity system
TERNA SPA financial statements
Financial statements
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regulatory framework
results
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sustainable Development
Corporate Social Responsibility 2008
Multimedia
Financial Highlights
Audiowebcasting
Financial statements
Income statement
Balance sheet
Cash flow statement
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Annual report 2008
Results presentation
Press release