Financial Statements

Telecom Italia S.p.A. (TIT.BR)

0.31 €

0.00 (0.00%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 3,4636,37615,4818,561-
Net Income --2,925-8,6527,224916
Stock Dividends -3,46380-85867,924
Dividend Paid --68-368-390-279
Retained Earnings -3,4636,37615,4818,561

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 19,58818,15818,13319,505-
Annual Depreciation -19,5887,7355,3223,32524,429
Capital Expenditure --6,305-5,297-4,697-4,924
Net PPE -19,58818,15818,13319,505

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -23,08322,84718,56819,111
New Purchases -4-11-100-26-
Intangible and Goodwill 23,08322,84718,56819,111-

Telecom Italia S.p.A. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Telecom Italia S.p.A. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.