CDP puts the resources it raises to work in national development projects while guaranteeing a strong and stable liquidity for the Italian state. Part of the resources raised through postal savings products is invested to foster Italy’s economic growth and to purchase government bonds, while the remaining funds flow directly to the treasury of the Italian Ministry of Economy.
Main reclassified balance sheet data(1)
At 31 December 2017:
- Cash and cash equivalents of €175.3 billion
- Loans of €101.8 billion
- Equity investments of €32.3 billion
- Debt securities of
(1) The 2017 Annual Report includes the reconciliation between the reclassified balance sheet and the financial statements of CDP