Telecom Italia S.p.a. · MIL:TIT
Telecom Italia — Telecom Italia S P A — Q1 2011 Earnings Presentation
8 slides from Telecom Italia's earnings presentation, May 6, 2011
Slide 1: Consolidated Statements of Comprehensive Income
TELECOM ITALIA GROUP - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME According to IAS 1 ( Presentation of Financial Statements ) here below are presented the Consolidated Statements of Comprehensive Income, beginning with the Profit for the period, derived from the Separate Consolidated Income Sta
Slide 2: Consolidated Statements of Financial Position
TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Slide 3: Consolidated Statements of Financial Position
(mitions ofeuros) 3/31/2011| 12/31/2010] —Change| (@) ) (a) Assets Non-current assets Intangible assets Good will 43,638 43,912 (74) Other intang ble assets 7,5A5 7,908 G58) 51,383 51815 (432) Tangible assets Property, plant and equipment owned 14,769 15,373 (604) Assets held under finance leases 11
Slide 4: Statements of Cash Flows
TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF CASH FLOWS
Slide 5: Consolidated Statements of Cash Flows
Ast Quarte: Ast Quarter! 2011 2010 (mitions of euros) Cash flows from operating activities: Profit from continuing operations 648 606 Adjustments for Depreciation and amortization 1431 1412 Impairment losses (reversals) on non-current assets (Including investments) 2 5 Net change in deferred tax ass
Slide 6: Net Financial Debt
TELECOM ITALIA GROUP – CONSOLIDATED NET FINANCIAL DEBT
Slide 7: Domestic Segment Results
DOMESTIC Revenues (7.6) (7.4) EBITDA (8.8) (7.6) EBITDA margin (%) (0.6)pp 0.0pp EBIT (10.5) (8.5) EBIT margin (%) (0.9)pp (0.3)pp Capital expenditures (11.8) (0.1) (*) Headcount at December 31, 2010. DOMESTIC – Core Domestic segment Revenues ( 1 ) . Consumer . Business . Top . National Wholesale .
Slide 8: Net Operating Free Cash Flow, Debt Structure, Bond Issues and Expiring Bonds
TELECOM ITALIA GROUP – NET OPERATING FREE CASH FLOW, DEBT STRUCTURE, BOND ISSUES AND EXPIRING BONDS Net operating free cash flow (millions of euros) 1st Quarter 2011 1st Quarter 2010 Changes EBITDA 2,929 2,826 Capital expenditures on an accrual basis (901) (1,042) Change in net operating working cap