POSTE ITALIANE
Q3/9M-22 PRELIMINARY RESTATED FINANCIAL RESULTS UNDER IFRS 17
13 OCTOBER 2023
Q3-22 RESTATED FINANCIAL RESULTS UNDER IFRS 17
€ m unless | |||||||||||
otherwise | Adjustments | ||||||||||
stated | Mail, Parcel & | Payments & | Insurance | ||||||||
Financial Services | and | Total | |||||||||
Distribution | Mobile | Services | |||||||||
eliminations | |||||||||||
External revenues | 843 | 297 | 1,240 | 348 | 2,728 | ||||||
Intersegment revenues | 1,194 | 65 | 205 | (36) | (1,427) | ||||||
TOTAL REVENUES | 2,037 | 362 | 1,445 | 312 | (1,427) | 2,728 | |||||
Cost of goods and services | 562 | 117 | 10 | 1 | (13) | 676 | |||||
Personnel expenses | 1,227 | 8 | 10 | 2 | (91) | 1,156 | |||||
Depreciation, amortisation and impairments | 202 | 5 | 0 | 0 | (15) | 193 | |||||
Capitalised costs and expenses | (10) | (0) | - | - | (10) | ||||||
Other operating costs | 36 | 11 | 7 | 1 | 55 | ||||||
Intersegment costs | 7 | 120 | 1,173 | 9 | (1,308) | ||||||
Total costs | 2,024 | 261 | 1,200 | 13 | (1,427) | 2,071 | |||||
OPERATING PROFIT/(LOSS) | 13 | 101 | 244 | 299 | 657 | ||||||
Finance income/(costs) | (6) | (0) | (0) | 13 | 7 | ||||||
Profit/(Loss) before tax | 7 | 100 | 244 | 312 | 663 | ||||||
Income tax expense | 9 | 29 | 67 | 105 | 210 | ||||||
PROFIT FOR THE PERIOD | (2) | 72 | 178 | 207 | 454 | 2 | |||||
Q3-22 REPORTED FINANCIAL RESULTS UNDER IFRS 4
- m unless otherwise stated
Mail, Parcel & | Payments & | Insurance | Adjustments | ||||||
Financial Services | and | Total | |||||||
Distribution | Mobile | Services | |||||||
eliminations | |||||||||
External revenues | 843 | 297 | 1,240 | 500 | 2,880 | ||||
Intersegment revenues | 1,194 | 65 | 205 | 1 | (1,464) | - | |||
TOTAL REVENUES | 2,037 | 362 | 1,445 | 501 | (1,464) | 2,880 | |||
Cost of goods and services | 562 | 117 | 10 | 19 | 708 | ||||
Personnel expenses | 1,227 | 8 | 10 | 9 | 1,254 | ||||
Depreciation, amortisation and impairments | 202 | 5 | 0 | 0 | (0) | 207 | |||
Capitalised costs and expenses | (10) | (0) | - | - | (10) | ||||
Other operating costs | 36 | 11 | 7 | 4 | 58 | ||||
Intersegment costs | 7 | 120 | 1,173 | 164 | (1,464) | - | |||
Total costs | 2,024 | 261 | 1,200 | 196 | (1,464) | 2,218 | |||
OPERATING PROFIT/(LOSS) | 13 | 101 | 244 | 305 | 663 | ||||
Finance income/(costs) | (6) | (0) | (0) | 13 | 7 | ||||
Profit/(Loss) before tax | 7 | 100 | 244 | 318 | 670 | ||||
Income tax expense | 9 | 29 | 67 | 104 | 209 | ||||
PROFIT FOR THE PERIOD | (2) | 72 | 178 | 214 | 461 | 3 | |||
9M-22 RESTATED FINANCIAL RESULTS UNDER IFRS 17
€ m unless | |||||||||||
otherwise | Adjustments | ||||||||||
stated | Mail, Parcel & | Payments & | Insurance | ||||||||
Financial Services | and | Total | |||||||||
Distribution | Mobile | Services | |||||||||
eliminations | |||||||||||
External revenues | 2,648 | 779 | 3,745 | 1,144 | 8,315 | ||||||
Intersegment revenues | 3,675 | 201 | 602 | (109) | (4,370) | ||||||
TOTAL REVENUES | 6,323 | 980 | 4,348 | 1,034 | (4,370) | 8,315 | |||||
Cost of goods and services | 1,694 | 302 | 27 | 4 | (40) | 1,988 | |||||
Personnel expenses | 3,763 | 22 | 31 | 5 | (280) | 3,542 | |||||
Depreciation, amortisation and impairments | 599 | 12 | 1 | 3 | (46) | 569 | |||||
Capitalised costs and expenses | (28) | (0) | - | - | (28) | ||||||
Other operating costs | 110 | 20 | 39 | 1 | 171 | ||||||
Intersegment costs | 29 | 352 | 3,601 | 21 | (4,004) | - | |||||
Total costs | 6,168 | 710 | 3,699 | 35 | (4,370) | 6,242 | |||||
OPERATING PROFIT/(LOSS) | 155 | 270 | 649 | 1,000 | 2,073 | ||||||
Finance income/(costs) | (2) | (0) | (22) | 36 | (0) | 11 | |||||
Profit/(Loss) before tax | 153 | 270 | 626 | 1,036 | 2,085 | ||||||
Income tax expense | 68 | 77 | 180 | 320 | 646 | ||||||
PROFIT FOR THE PERIOD | 85 | 192 | 447 | 715 | 1,439 | 4 | |||||
9M-22 REPORTED FINANCIAL RESULTS UNDER IFRS 4
€ m unless | |||||||||||
otherwise | Adjustments | ||||||||||
stated | Mail, Parcel & | Payments & | Insurance | ||||||||
Financial Services | and | Total | |||||||||
Distribution | Mobile | Services | |||||||||
eliminations | |||||||||||
External revenues | 2,648 | 779 | 3,745 | 1,573 | 8,745 | ||||||
Intersegment revenues | 3,675 | 201 | 602 | 2 | (4,481) | ||||||
TOTAL REVENUES | 6,323 | 980 | 4,348 | 1,575 | (4,481) | 8,745 | |||||
Cost of goods and services | 1,694 | 302 | 27 | 60 | - | 2,083 | |||||
Personnel expenses | 3,763 | 22 | 31 | 27 | - | 3,844 | |||||
Depreciation, amortisation and impairments | 599 | 12 | 1 | 3 | (1) | 614 | |||||
Capitalised costs and expenses | (28) | (0) | - | - | (28) | ||||||
Other operating costs | 110 | 20 | 39 | 10 | 179 | ||||||
Intersegment costs | 29 | 352 | 3,601 | 496 | (4,480) | - | |||||
Total costs | 6,168 | 710 | 3,699 | 595 | (4,481) | 6,691 | |||||
OPERATING PROFIT/(LOSS) | 155 | 270 | 649 | 980 | 2,054 | ||||||
Finance income/(costs) | (2) | (0) | (22) | 36 | 11 | ||||||
Profit/(Loss) before tax | 153 | 270 | 626 | 1,017 | 2,066 | ||||||
Income tax expense | 68 | 77 | 180 | 315 | 641 | ||||||
PROFIT FOR THE PERIOD | 85 | 192 | 447 | 701 | 1,425 | 5 | |||||
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Poste Italiane S.p.A. published this content on 13 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2023 15:50:29 UTC.