Page 29 - EniFor2016_Report_eng

Safety Zero injuries

Respect for
the environment

and know-how

Strategy execution

Resilience

Exploration Time to Market Value
successes New projects maximization

Growth

3% €47 billion <45 $/bbl

Production CAGR (a) Cash Flow from Operations Capex cash neutrality
by 2020 CFFO by 2020 by 2020
(b)

(a) Compound Annual Growth Rate.
(b) Cash flow from operations.