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Segment overview

08/04/2016 - 11:30 AM

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Segment Overview (milions of euro) 1 Half 2016 * 1 Half 2015 Revised(^) 1 Half 2014 (°)
Revenues      
Domestic             7.247                 7.375               7.531
Brazil               1.858                 2.691               3.009
Media                  -                      42                   31
Other Activities 9
                   15                      -
Adjustments & Eliminations               (18)                   (22)                   (20)
TI Group            9.096               10.101              10.551
EBITDA      
Domestic            3.184                2.846               3.501
Brazil               556                    790                840
Media                  -                       20                    11
Other Activities                 (11)                    (18)                 (5)
Adjustments & Eliminations                 (3)                    1                    (2)
TI Group           3.726               3.639             4.345
EBIT      
Domestic 1581
                  1.222                1.863
Brazil 121
                  574                369
Media                 -                        9                 (2)
Other Activities                (11)                    (18)                  (5)
Adjustments & Eliminations                (4)                       1                   -  
TI Group              1.687                  1.788             2.225

* 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 June 30, 2015, have been therefore revised, with no material impact.

(°) Historical Data.