Key economic performance data and economic value generated and distributed

The TIM Group aims to achieve a balance between the three dimensions of sustainability:

• environmental: maintaining the function of ecological systems, ensuring a balance between the use of natural resources and the company’s activities;
• social: promoting the principle of fairness between generations and within the same generation;
• economic: maintaining and increasing capital.

[G4-9]  The Group reports on what it does to achieve this objective in the Sustainability Report, which focuses primarily on environmental and social sustainability, as well as aspects that are both of a social and economic nature (e.g. customer care and innovation management) and the Annual Financial Report, which discusses the Group’s economic performance in detail. In order to give a comprehensive view of the Group’s sustainability, we have provided some summary data of economic performance below, which are drawn from the Annual Report.

TIM group – Main economic, financial and operational data by business unit

 

[G4-9]  The distribution of revenue by product and service is shown in Note 25 of the TIM Group’s consolidated financial statements.

TIM group – Other economic, financial and operational data by business unit

       

[G4-9]  The trend in the Group’s capitalisation and debt is shown in the Report on Operations of the TIM Group.

[G4-9]  The following table shows one of the Group’s key management data figures: the trend in fixed and mobile telephone service access lines.

TIM Group – Main economic, financial and operational data by Business Unit

     

[G4-EC1] The economic value generated and distributed to stakeholders is shown below. Since 2008, the method of presentation recommended by the GRI has been adopted, with appropriate adaptation.

TIM Group – Economic value generated and distributed

   

   

   

   

   

TIM Group – Contribution to the community

 

The contribution to the community is calculated according to the London Benchmarking Group (LBG) guidelines. The calculation has been done using management data partly based on estimates.

More than 150 major international companies subscribe to the LBG, which was founded in 1994 and is the global gold standard for the classification of voluntary contributions made by companies in favour of the community.

In line with the LBG model, in order to measure and represent the Group’s commitment to the community, the contributions paid out have been subdivided into three categories (donations, investments in the community, initiatives for the community). In the first, the charitable spirit prevails, the third includes initiatives that combine a benefit to the community with a commercial interest on the part of the Company. For further information regarding the LBG model and its investment classification criteria on the three levels, see the sustainability section of the telecomitalia.com website and the lbg-online.net website.