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Segment overview

06/15/2016 - 00:00 PM

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Segment Overview (milions of euro) 1 quarter 2016 * 1 quarter 2015 (^) 1 quarter 2014 (°)
Revenues      
Domestic             3.548                 3.631               3.728
Brazil                897                 1.412               1.451
Media                  -                       21                    15
Other Activities 6                     -                      -  
Adjustments & Eliminations               (11)                   (10)                   (6)
TI Group            4.440                5.054              5.188
EBITDA      
Domestic             1.461                 1.610               1.792
Brazil               258                    416                  406
Media                  -                        9                    6
Other Activities                 (6)                    (2)                 (3)
Adjustments & Eliminations                 (1)                     -                   (1)
TI Group            1.712               2.033             2.200
EBIT      
Domestic 662                   814                990
Brazil 49                   165                181
Media                 -                        3                 (1)
Other Activities                (5)                    (2)                  (3)
Adjustments & Eliminations                (2)                       1                   -  
TI Group              704                  981             1.167

* Following the change in the mission of Persidera, the Media Business Unit was included in the Domestic Business Unit (Core Domestic) as of January 1, 2016.

(^) 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.