to download Telecom Italia Annual Report 2011 - Company Reporting

Separate Consolidated Income Statements
(millions of euros) note Year
2011
of which
related
parties
Year
2010
of which
related
parties
Revenues 25) 29,957 1,100 27,571 1,028
Other income 26) 299 2 255 6
Total operating revenues and other income 30,256 27,826
Acquisition of goods and services 27) (12,859) (729) (11,383) (632)
Employee benefits expenses 28) (3,917) (113) (4,021) (112)
Other operating expenses 29) (1,859) (1,422)
Changes in inventories 56 (135)
Internally generated assets 30) 569 547
Operating profit before depreciation and amortization,
capital gains (losses) and impairment reversals (losses) on
non-current assets (EBITDA) 12,246 11,412
of which impact of non-recurring items 41) (24) (271)
Depreciation and amortization 31) (5,494) (5,542)
Gains (losses) on disposals of non-current assets 32) 3 11 (1)
Impairment reversals (losses) on non-current assets 33) (7,358) (63)
Operating profit (loss) (EBIT) (603) 5,818
of which impact of non-recurring items 41) (7,353) (301)
Share of profits (losses) of associates and joint ventures
accounted for using the equity method 7) (39) 99
Other income (expenses) from investments 34) 16 289
Finance income 35) 2,464 127 3,081 153
Finance expenses 35) (4,462) (93) (5,155) (85)
Profit (loss) before tax from continuing operations (2,624) 4,132
of which impact of non-recurring items 41) (7,337) 26
Income tax expense (1,643) (550)
Profit (loss) from continuing operations (4,267) 3,582
Profit (loss) from Discontinued operations/
Non-current assets held for sale (13) (7)
Profit (loss) for the year 36) (4,280) 3,575
of which net impact of non-recurring items 41) (7,345) 91
Attributable to:
• Owners of the Parent (4,726) 3,121
• Non-controlling interests 446 454
(euro)
Basic and Diluted Earnings Per Share (EPS)(*):
37)
Year
2011
Year
2010
Ordinary Share (0.24) 0.16
Savings Share (0.24) 0.17
of which:
from Continuing operations
ordinary share (0.24) 0.16
savings share (0.24) 0.17
from Discontinued operations/Non-current assets held for sale
ordinary share - -
savings share - -
(*) Basic EPS is equal to Diluited EPS.
Telecom Italia Group
Consolidated Financial Statements
Separate Consolidated Income Statements 152