GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (OTCPK:SNMRY) » Definitions » Cash Receipts from Deposits by Banks and Customers

SNMRY (Snam SpA) Cash Receipts from Deposits by Banks and Customers


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What is Snam SpA Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Snam SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (OTCPK:SNMRY) » Definitions » Cash Receipts from Deposits by Banks and Customers
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
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.