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Revenues by Operating Segment<br />

(millions of euros) Domestic Brazil Argentina Media Olivetti Other<br />

Operations<br />

Adjustments<br />

and<br />

eliminations<br />

Consolidated<br />

<strong>to</strong>tal<br />

<strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010<br />

Revenues from<br />

equipment sales - third<br />

party 909 871 745 380 276 64 - - 258 293 - - - - 2,188 1,608<br />

Revenues from<br />

equipment sales -<br />

intragroup 1 1 - - - - - - 51 60 - - (52) (61) - -<br />

Total revenues from<br />

equipment sales 910 872 745 380 276 64 - - 309 353 - - (52) (61) 2,188 1,608<br />

Revenues from services -<br />

third party 18,022 19,123 6,574 5,800 2,938 732 220 236 1 - - 62 - - 27,755 25,953<br />

Revenues from services -<br />

intragroup 86 63 24 19 6 2 18 22 33 38 2 2 (169) (146) - -<br />

Total revenues from<br />

services 18,108 19,186 6,598 5,819 2,944 734 238 258 34 38 2 64 (169) (146) 27,755 25,953<br />

Revenues on<br />

construction contracts<br />

- third party 14 10 - - - - - - - - - - - - 14 10<br />

Total revenues on<br />

construction<br />

contracts 14 10 - - - - - - - - - - - - 14 10<br />

Total third-party<br />

revenues 18,945 20,004 7,319 6,180 3,214 796 220 236 259 293 - 62 - - 29,957 27,571<br />

Total intragroup revenues 87 64 24 19 6 2 18 22 84 98 2 2 (221) (207) - -<br />

Total revenues by<br />

operating segment 19,032 20,068 7,343 6,199 3,220 798 238 258 343 391 2 64 (221) (207) 29,957 27,571<br />

Capital Expenditures by Operating Segment<br />

(millions of euros) Domestic Brazil Argentina Media Olivetti Other<br />

Operations<br />

Adjustments<br />

and<br />

eliminations<br />

Consolidated<br />

<strong>to</strong>tal<br />

<strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> <strong>2011</strong> <strong>2011</strong> 2010 <strong>2011</strong> 2010 <strong>2011</strong> 2010<br />

Purchase of intangible<br />

assets 2,378 1,258 521 458 152 32 30 34 2 1 - 1 (17) (3) 3,066 1,781<br />

Purchase of tangible<br />

assets 1,822 1,848 769 758 404 156 31 33 3 4 - 3 - - 3,029 2,802<br />

Total capital<br />

expenditures 4,200 3,106 1,290 1,216 556 188 61 67 5 5 - 4 (17) (3) 6,095 4,583<br />

<strong>Telecom</strong> <strong>Italia</strong> Group<br />

Consolidated Financial Statements<br />

Note 38 – Segment reporting 268

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