| Euro million |
4Q08 |
2008 |
1Q09 |
2Q09 |
3Q09 |
4Q09 |
2009 |
| Consolidated results |
|
|
|
|
|
|
|
| Operating revenues |
1,697 |
6,721 |
1,604 |
1,627 |
1,742 |
1,811 |
6,785 |
| Operating costs, excl. PRBs & D&A |
1,084 |
4,241 |
1,002 |
1,032 |
1,085 |
1,163 |
4,282 |
| EBITDA |
614 |
2,480 |
603 |
595 |
657 |
648 |
2,502 |
| Income from operations |
277 |
1,167 |
254 |
230 |
285 |
206 |
975 |
| Net income |
143 |
576 |
166 |
90 |
116 |
312 |
684 |
| Capex |
552 |
1,242 |
224 |
282 |
307 |
455 |
1,268 |
| Capex as % of revenues |
32.5% |
18.5% |
13.9% |
17.3% |
17.6% |
25.1% |
18.7% |
| EBITDA minus Capex |
62 |
1,238 |
379 |
313 |
350 |
193 |
1,234 |
| Free cash flow |
252 |
217 |
(92) |
227 |
128 |
607 |
869 |
| Net debt |
5,571 |
5,571 |
5,741 |
6,156 |
6,085 |
5,528 |
5,528 |
| After-tax unfunded obligations |
1,330 |
1,330 |
1,368 |
1,291 |
1,167 |
1,079 |
1,079 |
| EBITDA margin |
36.2% |
36.9% |
37.6% |
36.6% |
37.7% |
35.8% |
36.9% |
| Net debt / EBITDA (x) |
2.3 |
2.2 |
2.4 |
2.6 |
2.3 |
2.1 |
2.2 |
| EBITDA / net interest (x) |
7.6 |
9.1 |
8.3 |
8.2 |
8.8 |
7.8 |
8.3 |
| Basic earnings per share |
0.17 |
0.64 |
0.19 |
0.10 |
0.13 |
0.36 |
0.78 |
| Dilluted earnings per share |
0.17 |
0.62 |
0.18 |
0.10 |
0.13 |
0.34 |
0.76 |
| Share capital |
28 |
28 |
28 |
27 |
27 |
27 |
27 |
| Shares issued (EoP) (million) |
943 |
943 |
943 |
897 |
897 |
897 |
897 |
| Customers/Accesses (K) |
|
|
|
|
|
|
|
| Total customers |
62,676 |
62,676 |
63,999 |
65,473 |
68,046 |
71,902 |
71,902 |
| Domestic customers |
10,809 |
10,809 |
10,908 |
10,981 |
11,165 |
11,442 |
11,442 |
| Wireline customers |
3,864 |
3,864 |
3,949 |
4,001 |
4,080 |
4,189 |
4,189 |
| ADSL |
710 |
710 |
752 |
781 |
812 |
862 |
862 |
| Pay TV |
312 |
312 |
384 |
443 |
505 |
581 |
581 |
| Mobile customers |
6,944 |
6,944 |
6,959 |
6,980 |
7,084 |
7,252 |
7,252 |
| International customers |
51,867 |
51,867 |
53,091 |
54,491 |
56,881 |
60,460 |
60,460 |
| Mobile in Brazil |
44,945 |
44,945 |
45,641 |
46,819 |
48,847 |
51,744 |
51,744 |
| Other international |
6,922 |
6,922 |
7,449 |
7,672 |
8,034 |
8,715 |
8,715 |
| Employees (No) |
|
|
|
|
|
|
|
| Group employees |
31,970 |
31,970 |
32,978 |
33,558 |
35,841 |
37,021 |
37,021 |
| Portugal |
10,440 |
10,440 |
10,541 |
10,587 |
10,930 |
10,978 |
10,978 |
| International market |
21,530 |
21,530 |
22,437 |
22,971 |
24,911 |
26,043 |
26,043 |
|
|