Telecom Italia (TIT)

  0.30
   
  • Change Today:
     0.00
  • 52 Week High:  0.32
  • 52 Week Low:  0.21
  • Currency: Euro
  • Shares Issued: 21,357m
  • Volume: 109,761,328
  • Market Cap:  6,355m
  • RiskGrade: 137

Fundamentals - based on IFRS

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 16,296.00 15,788.00 15,316.00 15,805.00 17,974.00
Operating Profit/(Loss) 836.00 606.00 (3,529.00) 2,104.00 3,175.00
Profit Before Tax (880.00) (588.00) (4,515.00) 1,397.00 1,739.00
Profit After Tax (1,107.00) (2,654.00) (8,400.00) 7,352.00 1,226.00
           
Earnings per Share - Basic (7.00¢) (14.00¢) (40.00¢) 34.00¢ 4.00¢
Earnings per Share - Adjusted (7.00¢) (14.00¢) (40.00¢) 34.00¢ 4.00¢
           
Dividend per Share n/a n/a n/a 1.00¢ 1.00¢
    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 20,207.00 19,588.00 18,158.00 18,133.00 19,505.00
Intangible Assets 26,292.00 26,767.00 25,715.00 29,587.00 30,750.00
Other Non-Current Assets 4,780.00 5,440.00 11,244.00 14,702.00 5,741.00
  51,279.00 51,795.00 55,117.00 62,422.00 55,996.00
Current Assets          
Inventories 345.00 322.00 282.00 242.00 260.00
Cash at Bank & in Hand 2,912.00 3,555.00 6,904.00 4,829.00 3,138.00
Other Current Assets 7,623.00 6,355.00 6,884.00 5,741.00 10,710.00
  10,880.00 10,232.00 14,070.00 10,812.00 14,108.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 62,159.00 62,027.00 69,187.00 73,234.00 70,104.00
Current Liabilities          
Borrowings 838.00 870.00 6,596.00 3,677.00 3,182.00
Other Current Liabilities 15,182.00 13,272.00 9,768.00 7,490.00 8,746.00
           
Current Liabilities 16,020.00 14,142.00 16,364.00 11,167.00 11,928.00
           
Net Current Assets c(5,140.00) c(3,910.00) c(2,294.00) c(355.00) c2,180.00
           
Borrowings 4,743.00 4,597.00 27,501.00 23,655.00 25,605.00
Other Non-Current Liabilities 23,883.00 24,563.00 3,283.00 9,572.00 9,945.00
Non-Current Liabilities 28,626.00 29,160.00 30,784.00 33,227.00 35,550.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 44,646.00 43,302.00 47,148.00 44,394.00 47,478.00
           
Net Assets 17,513.00 18,725.00 22,039.00 28,840.00 22,626.00
           
Shareholders Funds 13,646.00 15,061.00 17,414.00 26,215.00 20,280.00
           
Minority Interests/Other Equity 3,867.00 3,664.00 4,625.00 2,625.00 2,346.00
Total Equity 17,513.00 18,725.00 22,039.00 28,840.00 22,626.00
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 3,944.00 4,895.00 4,336.00 6,551.00 5,934.00
Net Cash Flow from Investing Activities (4,149.00) (5,335.00) (5,117.00) (3,077.00) (3,255.00)
Net Cash Flow from Financing Activities (456.00) (2,869.00) 3,164.00 (2,009.00) (1,098.00)
Net Increase/Decrease In Cash (661.00) (3,309.00) 2,383.00 1,465.00 1,581.00
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted n/a n/a n/a 1.1 13.9
PEG - Adjusted n/a n/a n/a 0.0 n/a
Earnings per Share Growth - Adjusted n/a n/a n/a 750% n/a
Dividend Cover n/a n/a n/a 34.00 4.00
Revenue per Share 76.30¢ 73.92¢ 0.72¢ 74.00¢ 84.16¢
Pre-Tax Profit per Share (4.12¢) (2.75¢) (0.21¢) 6.54¢ 8.14¢
Operating Margin 5.13% 3.84% (23.04%) 13.31% 17.66%
Return on Capital Employed 27.52% 22.83% n/a 5.25% 8.42%
           
Dividend Yield 0.0% 0.0% 0.0% 2.6% 1.8%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 18.47¢ 22.92¢ 20.30¢ 30.67¢ 27.78¢
Cash Incr/Decr per Share (3.10¢) (15.49¢) 0.11¢ 6.86¢ 7.40¢
Net Asset Value per Share (exc. Intangibles) (41.10¢) (37.66¢) (17.21¢) (3.50¢) (38.04¢)
Net Gearing 19.56% 12.70% 156.16% 85.84% 126.47%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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