SNMRF (Snam SpA) Other Income (Expense) : $422 Mil (TTM As of Sep. 2024)

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What is Snam SpA Other Income (Expense)?

Snam SpA's other income expense for the Snam SpA's pretax income for the three months ended in Sep. 2024 was $119 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was $422 Mil.

Snam SpA Other Income (Expense) Historical Data

The historical data trend for Snam SpA's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Snam SpA Other Income (Expense) Chart

Snam SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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234.44

260.34

303.96

-200.21

527.81

Snam SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Income (Expense)	Get a 7-Day Free Trial															138.74	133.04	83.70	86.11	118.76

Snam SpA Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $422 Mil.

Snam SpA (OTCPK:SNMRF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Snam SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (OTCPK:SNMRF) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRG:Italy SRGm:UK 0NQP:UK SNM:Germany SNM:Bulgaria SRG:Austria

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.