Telecom Italia S.p.a. · MIL:TIT
Telecom Italia — FY2016 Earnings Presentation
14 slides from Telecom Italia's earnings presentation, 2017
Slide 1: 4Q16/FY16 Financial and operating data
4Q16/FY16 Financial and operating data Index Disclaimer Key Financial Data by BU FY Key Financial Data by BU Quarter P&L Group FY Net Debt & Cash Flow Balance Sheet Domestic Business Results TELECOM ITALIA INVESTOR RELATIONS Domestic Wireline Results Domestic Mobile Results investor_relations@teleco
Slide 2: Disclaimer
Disclaimer The financial and operating data have been extracted or derived, with the exception of some data, from the TIM 2016 and 2015 Annual Reports; the latter report was examined and approved by the TIM Board of Directors on 23 March 2017; the data of the 2016 FY were prepared (including those o
Slide 3: Key financial data by Business Unit
Key financial data by Business Unit Revised UNAUDITED FIGURES REVENUES 1Q15 1H15 9M15 FY15 1Q16 1H16 9M16 FY16 Domestic 3.631 7.375 11.127 15.001 3.548 7.247 11.036 15.006 o/w Wireline Domestic 2.657 5.345 7.990 10.654 2.553 5.131 7.774 10.495 o/w Mobile Domestic 1.151 2.387 3.690 5.068 1.186 2.447
Slide 4: Key financial data by Business Unit
Key financial data by Business Unit Revised UNAUDITED FIGURES REVENUES 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 Domestic 3.631 3.744 3.752 3.874 3.548 3.699 3.789 3.970 o/w Wireline Domestic 2.657 2.688 2.645 2.664 2.553 2.578 2.643 2.721 o/w Mobile Domestic 1.151 1.236 1.303 1.378 1.186 1.261 1.300
Slide 5: P&L Group
P&L Group Revised UNAUDITED FIGURES € mln 1Q15 1H15 9M15 FY15 1Q16 1H16 9M16 FY16 REVENUES 5.054 10.101 14.878 19.719 4.440 9.096 13.939 19.025 Other Income 53 131 206 287 47 107 165 311 TOTAL OPERATING REVENUES AND OTHER INCOME 5.107 10.232 15.084 20.006 4.487 9.203 14.104 19.336 Acquisition of goo
Slide 6: Consolidated Balance Sheet
Consolidated Balance Sheet UNAUDITED FIGURES Revised € mln FY15 1Q16 1H16 9M16 FY16 ASSETS NON-CURRENT ASSETS Intangible assets Goodwill 29.383 29.436 29.566 29.548 29.612 Intangible assets with a finite useful life 6.480 6.516 6.777 6.733 6.951 35.863 35.952 36.343 36.281 36.563 Tangible assets Pro
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet UNAUDITED FIGURES Revised € mln FY15 1Q16 1H16 9M16 FY16 EQUITY AND LIABILITIES EQUITY Equity attributable to equity holders of the Parent 17.554 18.181 19.106 19.414 21.207 Equity attributable to Minority Interests 3.695 2.035 2.221 2.223 2.346 TOTAL EQUITY (C) 21.249 20.
Slide 8: Net Cash Flow & Net Debt Dynamics
Net Cash Flow & Net Debt Dynamics Revised UNAUDITED FIGURES 1Q15 1H15 9M15 FY15 1Q16 1H16 9M16 FY16 (€ mln) EBITDA 2.033 3.639 5.622 7.006 1.712 3.726 5.878 8.002 CAPEX (964) (2.146) (3.233) (5.197) (944) (1.983) (3.107) (4.876) Change in net operating working capital: (1.502) (1.124) (1.149) (337)
Slide 9: Domestic Business Results - Reported Figures
Domestic Business Results - Reported Figures UNAUDITED FIGURES 1Q15 D% yoy 2Q15 D% yoy 3Q15 D% yoy 4Q15 D% yoy FY15 D% yoy 1Q16 D% yoy 2Q16 D% yoy 3Q16 D% yoy 4Q16 D% yoy FY16 D% yoy KPI's ('000) Wireline Physical accesses 12.283 -5,7% 12.080 -5,8% 11.907 -5,9% 11.742 -5,9% 11.742 -5,9% 11.602 -5,5%
Slide 10: Domestic Wireline Results - Reported Figures
Domestic Wireline Results - Reported Figures UNAUDITED FIGURES 1Q15 D% yoy 2Q15 D% yoy 3Q15 D% yoy 4Q15 D% yoy FY15 D% yoy 1Q16 D% yoy 2Q16 D% yoy 3Q16 D% yoy 4Q16 D% yoy FY16 D% yoy KPI's Physical accesses ('000) 12.283 -5,7% 12.080 -5,8% 11.907 -5,9% 11.742 -5,9% 11.742 -5,9% 11.602 -5,5% 11.468 -
Slide 11: Domestic Mobile Results - Reported Figures
Domestic Mobile Results - Reported Figures UNAUDITED FIGURES 1Q15 D% yoy 2Q15 D% yoy 3Q15 D% yoy 4Q15 D% yoy FY15 D% yoy 1Q16 D% yoy 2Q16 D% yoy 3Q16 D% yoy 4Q16 D% yoy FY16 D% yoy KPI's Total number of lines ('000) (1) 30.140 -2,8% 30.075 -1,9% 30.023 -1,2% 30.007 -1,1% 30.007 -1,1% 29.846 -1,0% 29
Slide 12: TIM Brasil Results - Reported Figures
TIM Brasil Results - Reported Figures Revised UNAUDITED FIGURES 1Q15 2Q15 3Q15 4Q15 FY15 1Q16 Δ% yoy 2Q16 Δ% yoy 3Q16 Δ% yoy 4Q16 Δ% yoy FY16 Δ% yoy KPI's - Mobile only Estimated Total Penetration (%) 139,0% 138,2% 134,8% 125,7% 125,7% 125,4% 123,0% 121,6% 118,0% Market Share on total lines(%) 26,7%
Slide 13: 4Q'16 Reported & Organic Figures: YoY trends
4Q'16 Reported & Organic Figures (*): YoY trends Revised UNAUDITED FIGURES Δ% yoy Δ% yoy 4Q'15 4Q'16 reported organic * Non Organic Non Organic Reported Figures (a) Non Organic elements (b) recurring figures * Reported figures (e) recurring figures * (h=e/a-1) (i=g/d-1) items (c) (d=a+b+c) items (f)
Slide 14: Domestic Reported and Organic Ebitda
Domestic Reported and Organic Ebitda € mln UNAUDITED FIGURES 1Q 2Q 3Q 4Q FY 1Q'15 2Q'15 3Q'15 4Q'15 FY'15 1Q'16 2Q'16 3Q'16 4Q'16 FY'16 %YoY %YoY %YoY %YoY %YoY EBITDA Organic 1.612 1.627 1.732 1.624 6.595 1.528 1.739 1.867 1.746 6.880 -5,2% +6,9% +7,8% +7,5% +4,3% Exchange Rate Impact 1 (1) 0 0 0 0