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Analysis of the Other Services Area

At the end of 2011, the results for the Other Services segment showed an increase compared with the same period in the previous year, with a +12.8% rise in EBITDA from€16.4 million to €18.5 million, as shown in the table below:

(€ million)31-dic-1031-dic-11Abs. Change% Change
Segment EBITDA16.418.5+2.1+12.8%
Group EBITDA607.3644.8+37.5+6.2%
Percentage weighting2.7%2.9%+0.2 p.p. 

The table below summarises the main economic indicators for the segment:

Income statement
(€ million)
31-dic-10% inc.31-dic-11% inc.Abs. Change% Change
Revenues99.4 98.7 -0.7-0.7%
Operating costs(66.5)-66.9%(63.7)-64.5%-2.8-4.2%
Personnel costs(18.7)-18.9%(19.0)-19.3%+0.3+1.6%
Capitalised costs2.32.3%2.52.6%+0.2+8.7%

The growth in margins in the area is due 50% to the Telecommunications business and the remaining part to Cemetery Services. The Public Lighting service remains in line with the previous year.

The main operational indicators, given in the table below, highlight a fall in lighting points, due to the end of service concessions in several municipalities, including the main one of Bologna, partly offset by the acquisition of services in the town of San Donato Milanese and other minor municipalities.

Quantitative data31-dic-1031-dic-11Abs. Change% Change
Public lighting    
Lighting points (thousands)338.0296.2-41.8-12.4%
Municipalities served61.059.0-2.0-3.3%