Telecom Italia — Telecom Italia S P A — 9M 2008 Earnings Presentation

6 slides from Telecom Italia's earnings presentation, Nov 7, 2008

Slide 1: Telecom Italia Group – Consolidated Balance Sheets
TELECOM ITALIA GROUP – CONSOLIDATED BALANCE SHEETS
Slide 2: Consolidated Balance Sheets (continued) – restatement note
(1) For purposes of comparison with September 30, 2008, the figures as at December 31, 2007 have been restated in order to consider the Liberty Surf group within discontinued operations.
Slide 3: Telecom Italia Group – Consolidated Cash Flow Statements
(1) For purposes of comparison with September 30, 2008, the figures as at December 31, 2007 have been restated in order to consider the Liberty Surf group within discontinued operations. TELECOM ITALIA GROUP – CONSOLIDATED CASH FLOW STATEMENTS
Slide 4: Cash Flow Statements (continued)
(ions feu) epopoes 9/00 CASI FLOWSFROM OPERATING ACTWITES: Profit fromm continuing operations 178 2382 Alustrrts Depreciation and amorszaton 4937 4208 bnpaitmentlosses (eversle ofnon-curentassets including investments) 137 (403) Net change in deferred tax assets and abies (233) 1287 Losses (gsins)re
Slide 5: Net Financial Debt
TELECOM ITALIA GROUP – CONSOLIDATED NET FINANCIAL DEBT
Slide 6: Telecom Italia Group – Debt Structure, Bond Issues and Expiring Bonds
9 months to 9/30/2008 (a) - (3) (287) (290) 25 (265) - - - 1 (51) (315) 71 160 (84) TELECOM ITALIA GROUP - DEBT STRUCTURE, BOND ISSUES AND EXPIRING BONDS In the first nine months of 2008 were regularly repaid the following bonds: • “Telecom Italia Finance S.A. 5.875% due 2008”: in January 24, 2008 T