XML 37 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other non-current assets
12 Months Ended
Dec. 31, 2017
Disclosure Of Other Non Current Assets Explanatory [Abstract]  
Disclosure of other non-current assets [text block]

23 Other non-current assets

(€ million)   December 31, 2017   December 31, 2016
Tax receivables from:                
- Italian tax authorities                
- income tax     62       73  
- interest on tax credits     64       64  
      126       137  
- non-Italian tax authorities     381       365  
      507       502  
Other receivables:                
- related to divestments     118       222  
- other non-current     44       52  
      162       274  
Fair value of derivative financial instruments     80       108  
Other asset     574       464  
      1,323       1,348  

Receivables from divestments amounting to €118 million (€222 million at December 31, 2016) were net of the accumulated provisions for impairments of  €125 million and included the present value of long-term portion of  €111 million ($133 million) of the receivable related to the divestment of a 10% stake of the Zohr asset in Egypt finalized in February 2017. The current portion of the receivables is indicated in note 11 — Trade and other receivables. The accumulated provisions for impairments of  €125 million related to a receivable deriving from the sale of an asset in Nigeria and included the impairment of the year of  € 44 million.

The fair value related to derivative financial instruments is disclosed in note 34 — Derivative financial instruments.

Other non-current assets amounted to €574 million (€464 million at December 31, 2016) included €56 million of deferred costs for take-or-pay gas volumes in connection to the Company’s long-term supply contracts (€113 million at December 31, 2016). The portion that Eni plans to recover within the term of 12 months is indicated in note 15 — Other current assets.

Transactions with related parties are described in note 47 — Transactions with related parties.