to download Telecom Italia Annual Report 2011 - Company Reporting

Separate Income Statements
(euros) note Year
2011
of which related
parties
Year
2010
of which related
parties
Revenues 23) 18,044,995,462 527,348,000 18,985,351,012 552,904,000
Other income 24) 246,724,626 13,866,000 210,178,313 31,271,000
Total operating revenues and other income 18,291,720,088 19,195,529,325
Acquisition of goods and services 25) (6,323,783,623) (1,188,874,000) (6,650,988,954) (1,226,021,000)
Employee benefits expenses 26) (2,638,076,199) (96,007,000) (3,121,229,061) (99,080,000)
Other operating expenses 27) (704,542,278) (21,320,000) (665,844,440) (443,000)
Changes in inventories 28) 13,289,275 (56,588,992)
Internally generated assets 29) 361,779,343 387,742,573
Operating profit before depreciation and
amortization, capital gains (losses) realized and
impairment reversals (losses) on non-current assets
(EBITDA) 9,000,386,606 9,088,620,451
of which: impact of non-recurring items 37) (12,567,000) (251,610,000)
Depreciation and amortization 30) (3,792,777,214) (4,107,228,394)
Gains (losses) on disposals of non-current assets 31) (9,574,858) 14,792,000 (3,954,911) -
Impairment reversals (losses) on non-current assets 32) (5,379,649,984) (8,544,420)
Operating profit (loss) (EBIT) (181,615,449) 4,968,892,726
of which: impact of non-recurring items 37) (5,373,775,000) (251,610,000)
Income (expenses) from investments 33) (147,672,426) 253,356,000 1,795,665,616 2,356,926,000
Finance income 34) 2,537,918,206 673,741,000 2,818,834,582 535,607,000
Finance expenses 34) (4,586,881,150) (2,389,846,000) (4,973,411,374) (2,641,124,000)
Profit (loss) before tax (2,378,250,819) 4,609,981,550
of which: impact of non-recurring items 37) (5,332,781,000) (251,310,000)
Income tax expense 9) (1,193,006,005) (1,097,400,973)
Profit (loss) for the year (3,571,256,824) 3,512,580,577
of which: impact of non-recurring items 37) (5,336,041,000) (183,556,000)
Telecom Italia S.p.A. Separate Financial Statements Separate Income Statements 307