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Telecom Italia S.p.A. ADSs$6.37($.08)(1.24%)

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Income Statement for Telecom Italia S.p.A. ADSs
(Amounts are in millions) 12/ 12/ 12/
Net Sales or Revenues $23,002.73 $21,397.22 $22,213.55
Cost of Goods Sold $9,480.96 $8,623.73 $9,475.04
Gross Profit $13,521.78 $12,773.48 $12,738.51
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $4,746.13 $3,906.30 $4,859.11
Income Before Depreciation $8,775.65 $8,867.19 $7,879.40
       
Depreciation, Depletion, Amortization $5,055.83 $4,748.42 $4,591.50
Non-Operating Income $2,022.11 $2,796.38 $3,072.48
Interest Expense $3,733.38 $3,817.77 $5,864.02
Pretax Income $2,008.54 $3,097.37 $496.35
       
Provision for Income Taxes $553.85 $973.81 $445.27
Minority Interest $187.63 $174.84 $809.48
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $1,454.70 $2,123.57 $51.08
       
Extraordinary Items & Disc. Operations $0.00 $52.01 $678.45
Net Income $1,267.07 $2,000.73 ($79.95)
       
Basic Earnings Per Share $0.60 $0.95 ($0.04)
Diluted Earnings Per Share $0.60 $0.95 ($0.04)
       
Weighted Average Basic Shares Outstanding 2,242.00 2,219.40 N/A
Weighted Average Diluted Shares Outstanding 1,868.33 2,219.40 N/A
       
Income Before Non-Recurring Items $1,267.07 $1,948.99 N/A
Income From Non-Recurring Items $0.00 $0.00 N/A
Diluted Earnings Per Share before extras $0.68 $0.88 N/A
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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