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Consolidated operating and financial data

11/10/2016 - 00:00 PM

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Consolidated Operating and Financial Data (millions of euro) 1.1- 30.9.2016

1.1 - 30.9.2015 

Revised *

1.1- 30.9.2014 (°)
Revenues 13.939 14.878 15.972
EBITDA 5.878 5.622 6.588
EBIT 2.768 2.806 3.393
Net income from continuing operations before taxes 2.262 851 1.666
Net income from continuing operations 1.563 460 1.029
Net income (loss) from discontinued operations/assets held for sale 47 480 386
Net income for the period 1.610 940 1.415
Net income attributable to the equity holders of the Parent 1.495 367 985
Investments:      
Industrial 3.107 3.233 2.640

* 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.