Telecom Italia S.p.a. · MIL:TIT

Telecom Italia — FY2010 Earnings Presentation

12 slides from Telecom Italia's earnings presentation, Feb 24, 2011

  1. Slide 1: Group – Consolidated Statements of Financial Position

    TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

  2. Slide 2: Group – Consolidated Statements of Cash Flows

    TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF CASH FLOWS

  3. Slide 3: Consolidated Statements of Cash Flows

    ‘Year| Year| {lions of euros) ral [SFO FEL IC STE Profit tom conning operations gare 2218 nejustmens for Dewi and amon an ssa Inpsinentsses reversals) on narcuret assets eng ies] ‘A168 Fil Wet han in defeedt cosets and ables (760i as) Lossestssinslresized on disposal of mnurent assis [nung vases] ra

  4. Slide 4: Group – Consolidated Net Financial Debt

    TELECOM ITALIA GROUP – CONSOLIDATED NET FINANCIAL DEBT

  5. Slide 5: Domestic segment results

    DOMESTIC Revenues 21,663 (1,595) (7.4) (7.4) EBITDA 9,883 (490) (5.0) (2.9) EBITDA margin (%) 45.6 1.2pp 2.3pp EBIT 5,393 (231) (4.3) (1.6) EBIT margin (%) 0.8pp 1.6pp Capital expenditures 3,515 (409) (11.6) 59,367 (2,837) (4.8) DOMESTIC – Core Domestic segment Revenues ( 1 ) . Consumer . Business .

  6. Slide 6: Group – 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) 2010 2009 Change EBITDA 11,412 11,115 Capital expenditures on an accrual basis (4,583) (4,543) (40) Change in net operating working capital: (223) (185

  7. Slide 7: S.p.A. - Statements of Comprehensive Income

    TELECOM ITALIA S.p.A. - STATEMENTS OF COMPREHENSIVE INCOME According to IAS 1 ( Presentation of Financial Statements ), here below are presented the Statements of Comprehensive Income, beginning with the Profit for the year, derived from the Separate Income Statements, and displaying income and expe

  8. Slide 8: S.p.A. – Statements of Financial Position

    TELECOM ITALIA S.p.A. – STATEMENTS OF FINANCIAL POSITION

  9. Slide 9: Statements of Financial Position – Assets

    42/31/2010, 1231/2008] Change| Restated (*} (al) (o)] (at) (millions of euros) ASSETS NON-CURRENTASSETS Intangible assets Goodwill 40,013 40,013 = Intangible assets with a finite useful life 3.970 4,350 (G80) 43,983 (a0) Tangible assets Property, plant and equipment owned 10,224 10,884) (660) Assets

  10. Slide 10: S.p.A. – Statements of Cash Flows

    TELECOM ITALIA S.p.A. – STATEMENTS OF CASH FLOWS

  11. Slide 11: S.p.A. Statements of Cash Flows

    ‘Year| ‘Year| (lions of euros) 2010] 2004 TASH FLOWS FROM OPERATING ACTIMIIES: Profit 351 1398 fuser Tor Depreciation and amortization ERI e308 Impairment losses (reversals) on hon-eurrent assets including investments) 648 srt Net change in deferred txassets and labilties a Teal Losses gins) realize

  12. Slide 12: S.p.A. – Net Financial Debt

    TELECOM ITALIA S.p.A. – NET FINANCIAL DEBT (millions of euros) 12/31/2010 12/31/2009 Change Restated (*) (a) (b) (a-b) NON-CURRENT FINANCIAL LIABILITIES Bonds 16,406 17,286 (880) Amounts due to banks, other financial payables and liabilities 19,312 21,401 (2,089) Finance lease liabilities 1,436 1,54

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