to download Telecom Italia Annual Report 2011 - Company Reporting

Gross financial debt according to the original currency of the transaction is as follows:
12/31/2011 12/31/2011 12/31/2010 12/31/2010
(millions of foreign (millions of euros) (millions of foreign (millions of euros)
currency)
currency)
USD 3,005 2,323 3,007 2,251
GBP 2,532 3,031 2,531 2,940
JPY 40,097 400 40,101 369
EURO 36,477 - 37,650
42,231 43,210
The analysis of gross financial debt by effective interest rate bracket excluding the effect of derivative
hedging instruments, if any, is the following:
(millions of euros) 12/31/2011 12/31/2010
Up to 2.5% 10,104 12,944
From 2.5% to 5% 7,415 5,413
From 5% to 7.5% 14,586 15,176
From 7.5% to 10% 4,233 4,587
Over 10% 377 396
Accruals/deferrals, MTM and derivatives 5,516 4,694
42,231 43,210
Instead, as a result of the use of derivative hedging instruments, gross financial debt by nominal interest
rate bracket is the following:
(millions of euros) 12/31/2011 12/31/2010
Up to 2.5% 5,269 9,160
From 2.5% to 5% 7,091 6,472
From 5% to 7.5% 21,984 20,471
From 7.5% to 10% 1,994 2,017
Over 10% 377 396
Accruals/deferrals, MTM and derivatives 5,516 4,694
42,231 43,210
The maturities of financial liabilities according to the expected nominal repayment amount, as defined
by contract, are the following:
Details of the maturities of Financial liabilities – at nominal repayment amount:
Maturing by 12/31/ of the year:
(millions of euros) 2012 2013 2014 2015 2016 After
2016
Total
Bonds 4,722 1,145 1,173 719 2,250 7,580 17,589
Loans and other financial liabilities 281 2,036 5,347 913 231 8,371 17,179
Finance lease liabilities 225 113 175 151 135 726 1,525
Total 5,228 3,294 6,695 1,783 2,616 16,677 36,293
Current financial liabilities 1,025 - - - - - 1,025
Total 6,253 3,294 6,695 1,783 2,616 16,677 37,318
Telecom Italia S.p.A. Separate Financial Statements Note 13 – Financial liabilities (non-current and current) 358