Telecom Italia S.p.a. · MIL:TIT
Telecom Italia — Telecom Italia S P A — FY2008 Earnings Presentation
13 slides from Telecom Italia's earnings presentation, Feb 27, 2009
Slide 1: Group – Consolidated Balance Sheets
TELECOM ITALIA GROUP – CONSOLIDATED BALANCE SHEETS
Slide 2: Group Balance Sheets (continued)
(1) The data at December 31, 2007 has been restated for purposes of comparison by considering Liberty Surf group as a Discontinued operations.
Slide 3: Group – Consolidated Cash Flow Statements
(1) The data at December 31, 2007 has been restated for purposes of comparison by considering Liberty Surf group as a Discontinued operations. TELECOM ITALIA GROUP – CONSOLIDATED CASH FLOW STATEMENTS
Slide 4: Group Cash Flow Statement (millions of euro)
(milion oF euro) Yer ver prosttom contig operations 2208 zee Aajustnars Depresaton and amortzaton 5908 sens Impatient sses feverts ofmonsurent asset Gnouang wes tners) 255 on Nethangain dekere tr arcew anda tes 003 os Losses gst) reatzed on disposals ofnoncurant 56 feluaing ves men) sr 07 Shate of b
Slide 5: Group – Consolidated Net Financial Debt
TELECOM ITALIA GROUP – CONSOLIDATED NET FINANCIAL DEBT
Slide 6: Group - 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 year 2008, we point out the following events: Currency Amount (milion) NEW ISSUES Issue date Telecom Italia Finance S.A., bond issue with Telecom Italia S.p.A. guarantee for
Slide 7: S.p.A. – Balance Sheets
TELECOM ITALIA S.p.A. – BALANCE SHEETS
Slide 8: S.p.A. Balance Sheets (millions of euro)
(millions of euro) 42/31/2008 | 12/31/2007 Change ASSETS NON-CURRENT ASSETS Intangible assets Goodwill 40,013 40,013 Intangible assets with a finite useful fe 4,503 4,867 (358) 44,522 44,380 358) Tangible assets Property, plant and equipmentowned 11,643 42,208 (585) Assets held under finance leases
Slide 9: S.p.A. – Cash Flow Statements
TELECOM ITALIA S.p.A. – CASH FLOW STATEMENTS
Slide 10: S.p.A. Cash Flow Statement
TER YEAR ion of eur 208 07 CAGH FLOWS FROM OPERATING ACTIVITES: Proft 1500, 1882 Ay eo Depreciation and amoribaton 426 4288 Impairment (verses) losses on non surentasseis noluding invesbaent 264 03 [Net change in deferred tax assets and iabiltias 950) 283 [Net gains) losses on disposals of non-curen
Slide 11: S.p.A. – Net Financial Debt
TELECOM ITALIA S.p.A. – NET FINANCIAL DEBT (millions of euro) 12/31/2008 12/31/2007 Change NON - CURRENT FINANCIAL LIABILITIES Bonds 15,683 16,500 (817) Amount due to banks, other lenders and other financial liabilities 19,462 21,054 (1,592) Finance lease liabilities 1,662 1,778 (116) 36,807 39,332
Slide 12: (nies oF eur
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Slide 13: Cautionary Statement for Purposes of the Safe Harbor Provisions
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the United States Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward - looking statements. This Press Release contains certain forward -lookin