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Region overview

11/10/2016 - 03:00 PM

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Region overview (data reported by operating segment) (millions of euro) 1.1 - 30.9.2016 1.1 30.9.2015 Revised * 1.1 - 30.9.2014 (°)
Revenues      
Italy        10.767 10.928
       11.131
Abroad            3.172             3.950              4.841
        13.939          14.878          15.972

*  Within the Brazil Business Unit, Management recently identified that incorrect accounting entries were made in prior years in connection with the recognition of service revenues from the sale of prepaid traffic. Such incorrect accounting entries, which did not have any impact either in terms of net financial position nor on cash and cash equivalents, resulted in the early recognition of revenues with respect to prepaid traffic not yet consumed. The comparative financial information as of December 31, 2015 and for the nine-month period ended September 30, 2015, have been therefore revised, with no material impact.

(°) Historical Data.