TIM S.p.A. | CIK:0000948642 | 3

  • Filed: 4/23/2018
  • Entity registrant name: TIM S.p.A. (CIK: 0000948642)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/948642/000119312518126454/0001193125-18-126454-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/948642/000119312518126454/ti-20171231.xml
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  • ifrs-full:DisclosureOfFinanceIncomeExplanatory

    Finance income amounted to 1,808 million euros in 2017, 2,543 million euros in 2016 and 2,760 million euros in 2015.

    Details are as follows:

     

                Year ended December 31,  
                2017      2016      2015  
                (millions of euros)  

    Interest income and other finance income:

               

    Income from financial receivables recorded in non-current assets

            —          —          —    

    Income from securities other than investments, recorded in non-current assets

            —          —          1  

    Income from securities other than investments, recorded in current assets

            14        16        26  

    Income other than the above:

               

    Interest income

            129        151        214  

    Exchange gains

            782        713        976  

    Income from fair value hedge derivatives

            66        65        99  

    Reversal of the Reserve for cash flow hedge derivatives to the income statement (interest rate component)

            568        649        954  

    Income from non-hedging derivatives

            9        13        15  

    Miscellaneous finance income

            26        37        110  
         

     

     

        

     

     

        

     

     

     
         (A)        1,594        1,644        2,395  
         

     

     

        

     

     

        

     

     

     

    Positive fair value adjustments to:

               

    Fair value hedge derivatives

            —          50        129  

    Underlying financial assets and liabilities of fair value hedges derivatives

            95        173        10  

    Non hedging derivatives

            119        676        226  
         

     

     

        

     

     

        

     

     

     
         (B)        214        899        365  
         

     

     

        

     

     

        

     

     

     

    Reversal of impairment loss on financial assets other than investments

         (C)        —          —          —    
         

     

     

        

     

     

        

     

     

     

    Total

         (A+B+C)        1,808        2,543        2,760  

    of which, included in the supplementary disclosure on financial instruments

            300        987        630