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Investments (Tables) | 12 Months Ended
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Dec. 31, 2019
Investments |
Schedule of equity accounted investments | Equity-accounted investments
|  | 2019 |  | 2018
|  | Investments in |  |  |  |  |  |  |  | Investments in |  |  |  |  |  |
|  | unconsolidated entities |  | Joint |  |  |  |  |  | unconsolidated entities |  | Joint |  |  |  |
(€ million) |  | controlled by Eni |  | ventures |  | Associates |  | Total |  | controlled by Eni |  | ventures |  | Associates |  | Total
Carrying amount - beginning of the year |  | 95 |  | 5,497 |  | 1,452 |  | 7,044 |  | 116 |  | 2,332 |  | 1,063 |  | 3,511
Changes in accounting policies (IFRS 9 and 15) |  | — |  | — |  | — |  | — |  |  |  | (34) |  | (3) |  | (37)
Changes in accounting policies (IAS 28) |  | — |  | 22 |  | — |  | 22 |  |  |  |  |  |  |  |
Carrying amount restated - beginning of the year |  | 95 |  | 5,519 |  | 1,452 |  | 7,066 |  | 116 |  | 2,298 |  | 1,060 |  | 3,474
Additions and subscriptions |  | 6 |  | 76 |  | 2,910 |  | 2,992 |  |  |  | 28 |  | 92 |  | 120
Divestments and reimbursements |  | (5) |  | — |  | (17) |  | (22) |  | (33) |  | (3) |  | (115) |  | (151)
Share of profit of equity-accounted investments |  | 6 |  | 80 |  | 75 |  | 161 |  | 8 |  | 16 |  | 385 |  | 409
Share of loss of equity-accounted investments |  | (10) |  | (157) |  | (17) |  | (184) |  | (5) |  | (415) |  | (10) |  | (430)
Deduction for dividends |  | (4) |  | (1,073) |  | (61) |  | (1,138) |  | (6) |  | (19) |  | (25) |  | (50)
Change in the scope of consolidation |  | 1 |  | — |  | — |  | 1 |  |  |  | 3,448 |  |  |  | 3,448
Currency translation differences |  | 2 |  | 67 |  | 17 |  | 86 |  | 2 |  | 25 |  | 54 |  | 81
Other changes |  | (5) |  | 80 |  | (2) |  | 73 |  | 13 |  | 119 |  | 11 |  | 143
Carrying amount - end of the year |  | 86 |  | 4,592 |  | 4,357 |  | 9,035 |  | 95 |  | 5,497 |  | 1,452 |  | 7,044
Schedule of net carrying amount of equity-accounted investments | Net carrying amount related to the following companies:
|  | December 31, 2019 |  | December 31, 2018
|  | Net carrying |  | % of the |  | Net carrying |  | % of the
(€ million) |  | amount |  | investment |  | amount |  | investment
Investments in unconsolidated entities controlled by Eni |  |  |  |  |  |  |  |
Eni BTC Ltd |  | 30 |  | 100.00 |  | 31 |  | 100.00
Other (*) |  | 56 |  |  |  | 64 |  |
|  | 86 |  |  |  | 95 |  |
Joint ventures |  |  |  |  |  |  |  |
Vår Energi AS |  | 2,518 |  | 69.60 |  | 3,498 |  | 69.60
Saipem SpA |  | 1,250 |  | 30.99 |  | 1,228 |  | 30.99
Unión Fenosa Gas SA |  | 326 |  | 50.00 |  | 335 |  | 50.00
Cardón IV SA |  | 148 |  | 50.00 |  | 98 |  | 50.00
Gas Distribution Company of Thessaloniki - Thessaly SA |  | 139 |  | 49.00 |  | 137 |  | 49.00
Lotte Versalis Elastomers Co Ltd |  | 74 |  | 50.00 |  | 75 |  | 50.00
PetroJunín SA |  | 53 |  | 40.00 |  | 47 |  | 40.00
AET - Raffineriebeteiligungsgesellschaft mbH |  | 35 |  | 33.33 |  | 32 |  | 33.33
Other (*) |  | 49 |  |  |  | 47 |  |
|  | 4,592 |  |  |  | 5,497 |  |
Associates |  |  |  |  |  |  |  |
Abu Dhabi Oil Refining Co (Takreer) |  | 2,829 |  | 20.00 |  |  |  |
Angola LNG Ltd |  | 1,159 |  | 13.60 |  | 1,106 |  | 13.60
Coral FLNG SA |  | 102 |  | 25.00 |  | 102 |  | 25.00
Novamont SpA |  | 71 |  | 25.00 |  | 67 |  | 25.00
United Gas Derivatives Co |  | 69 |  | 33.33 |  | 62 |  | 33.33
Commonwealth Fusion Systems Llc(a) |  | 37 |  |  |  | 42 |  |
Other (*) |  | 90 |  |  |  | 73 |  |
|  | 4,357 |  |  |  | 1,452 |  |
|  | 9,035 |  |  |  | 7,044 |  |
(a) The ownership cannot be determined. (*) Each individual amount included herein was lower than €25 million.
Schedule of market value of investments listed in regulated stock markets | As of December 31, 2019, the market value of the investments listed in regulated stock markets was as follows:
|  | Saipem SpA
Number of shares held |  | 308,767,968
% of the investment |  | 30.99
Share price (€) |  | 4.356
Market value (€ million) |  | 1,345
Book value (€ million) |  | 1,250
Schedule of additional information about other investments |
(€ million) |  | 2019 |  | 2018
Carrying amount – beginning of the year |  | 919 |  | 219
Changes in accounting policies (IFRS 9) |  | — |  | 681
Carrying amount restated – beginning of the year |  | 919 |  | 900
Additions and subscriptions |  | 11 |  | 5
Change in the fair value |  | (3) |  | 15
Divestments and reimbursements |  | (12) |  | (22)
Currency translation differences |  | 15 |  | 31
Other changes |  | (1) |  | (10)
Carrying amount – end of the year |  | 929 |  | 919

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