Below are the financial statements of Telecom Italia, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 |
|---|---|---|
| Revenues | 14,442a | 14,311a |
| Other income | 233a | 141a |
| Total operating revenues and other income | 14,675a | 14,452a |
| Acquisition of goods and services | -8,017a | -7,445a |
| Employee benefits expenses | -1,478a | -1,950a |
| Other operating expenses | -662a | -772a |
| Change in inventories | 10a | 26a |
| Internally generated assets | 297a | 334a |
| Operating profit (loss) before depreciation and amortization, capital gains (losses) and impairment reversals (losses) on non-current assets (EBITDA) | 4,825a | 4,645a |
| Depreciation and amortization | -3,189a | -3,292a |
| Gains (losses) on disposals of non-current assets | 3a | -11a |
| Impairment reversals (losses) on non-current assets | -94a | 0a |
| Operating profit (loss) (EBIT) | 1,545a | 1,342a |
| Share of losses (profits) of associates and joint ventures accounted for using the equity method | -20a | -29a |
| Other income (expenses) from investments | 75a | 53a |
| Finance income | 1,044a | 1,235a |
| Finance expenses | -2,387a | -2,639a |
| Profit (loss) before tax from continuing operations | 257a | -38a |
| Income tax expense | -174a | -56a |
| Profit (loss) from continuing operations | 83a | -94a |
| Profit (loss) from discontinued operations / non current assets held for sale | -447a | -1,013a |
| Profit (loss) for the year | -364a | -1,107a |
| Attributable to: | — | — |
| Owners of the parent | -610a | -1,441a |
| Non-controlling interests | 246a | 334a |
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