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Profit and financial indexes

06/15/2016 - 00:00 PM

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Profit and financial indexes 1 quarter 2016 1 quarter 2015 * 1 quarter 2014 °
EBITDA/Revenues 38,6% 40,2% 42,4%
EBIT/Revenues 15,9% 19,4% 22,5%
EPS (ordinary shares) 0,02 0,00 0,02
EPS (savings shares) 0,03 0,01 0,03

* 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 three-month period ended March 31, 2015, have been therefore revised, with no material impact.

(°) Historical Data.