Telecom Italia S.p.a. · MIL:TIT
Telecom Italia — Telecom Italia S P A — FY2009 Earnings Presentation
14 slides from Telecom Italia's earnings presentation, Apr 13, 2010
Slide 1: Telecom Italia Group - Consolidated Statements of Comprehensive Income
TELECOM ITALIA GROUP - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME According to IAS 1 revised ( Presentation of Financial Statements ), which is effective from January 1, 2009, here below are presented the Consolidated Statements of Comprehensive Income, beginning with the Profit for the year ,
Slide 2: Telecom Italia Group - Consolidated Statements of Financial Position
TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Slide 3: Consolidated Statements of Financial Position (millions of euros)
(rilions of euros) 42/34/2009] 12/3112008 chang:| 12/31/2008| Restate Rest 0 ) 0) eo] ASSETS NON-CURRENT ASSETS Intangble assets ‘Goodwill T3627 F320 Ed FSeOT Intangible asseis with a finite useful fe 6,262 6,154 128 6402 49,909 7,384 325 30,383 Tangbie assets Froperty, plant and equipment owned T36
Slide 4: Consolidated Statements of Cash Flows
TELECOM ITALIA GROUP – CONSOLIDATED STATEMENTS OF CASH FLOWS
Slide 5: Consolidated Statements of Cash Flows
‘Year ‘Yee 2009} 2009) {milions of eures) fea ‘CASH FLOWS FROM OPERATING ACTIVITIES: Profit from continuing operations 2218 air Fajustments Tor Depreciation and amortization S55 SBT Tmnpairment losses Teversals) on hon-curent assets (nelucing investments) 27 22 Tet change in deterred tax asseta and
Slide 6: Net Financial Debt
TELECOM ITALIA GROUP – NET FINANCIAL DEBT
Slide 7: Information by Operating Segments
TELECOM ITALIA GROUP – INFORMATION BY OPERATING SEGMENTS DOMESTIC (millions of euros) absolute Changes % % organic Revenues 21,662 23,227 (1,565 ) (6.7 ) (6.8 ) EBITDA 9,895 9,959 (64 ) (0.6 ) (2.1 ) EBITDA margin (%) 45.7 42.9 2.8 pp 2.3 pp EBIT 5,394 5,405 ( 11 ) ( 0.2 ) (1.6 ) EBIT margin (%) 24.
Slide 8: Debt Structure, Bond Issues and Expiring Bonds
TELECOM ITALIA GROUP - DEBT STRUCTURE, BOND ISSUES AND EXPIRING BONDS With reference to the evolution of the bonds during the 2009, we point out the following events: Currency Amount (million) NEW ISSUES Issue date Telecom Italia S.p.A. Euro 500 million 7.875%, expiring on January 22, Euro January 2
Slide 9: S.p.A. - Statements of Comprehensive Income
TELECOM ITALIA S.p.A. - STATEMENTS OF COMPREHENSIVE INCOME According to IAS 1 revised ( Presentation of Financial Statements ), which is effective from January 1, 2009, here below are presented the Statements of Comprehensive Income, beginning with the Profit for the year , derived from the Separate
Slide 10: S.p.A. - Statements of Financial Position
TELECOM ITALIA S.p.A. – STATEMENTS OF FINANCIAL POSITION
Slide 11: S.p.A. Statements of Financial Position (millions of euros)
42/31/2009] 1212112009] cchanee| Restated (milions of euros) co ol ol ASSETS NON-CURRENT ASSETS Intangible assets Goodwill A013. ors 7 Intangble asses wana fte useful fe 4,360 4500 ED) CORI ELEY] (597 Tangible assets Property, plant and equipment owned BEEZ BEE} Tea Assefs held under finance Ieases,
Slide 12: S.p.A. - Statements of Cash Flows
TELECOM ITALIA S.p.A. – STATEMENTS OF CASH FLOWS
Slide 13: S.p.A. Statements of Cash Flows
Year Ye (eillons of euros) 2008] 2008] ectatea| “CASE FLOWS FRONT OPERATING ATES Profit for the year EEC] Ta7s TMETET T Deprecatonand anoTEATOT EK Ta Impairment losses (reversals) on nov current assets including investments) S71 264 Tet change in deferred tax assets and abies 25) ca) [Losses (gain)
Slide 14: S.p.A. - Net Financial Debt
TELECOM ITALIA S.p.A. – NET FINANCIAL DEBT (millions of euro) 12/31/2009 12/31/2008 Change Restated (a) (b) (a-b) NON-CURRENT FINANCIAL LIABILITIES Bonds 17,286 15,683 1,603 Amount due to banks, other lenders and other financial liabilities 19,909 19.462 Finance lease liabilities 1,545 1,662 (117) 3