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Financial Highlights

€/mln 2009 2008
Revenue
3,611
3,477
Net toll revenues
2,956
2,853
Other operating income
654
624
Gross operating profit (EBITDA)
2,204
2,115
EBITDA margin
61.1%
60.8%
Operating profit (EBIT)
1,661
1,616
EBIT margin
46.0%
46.5%
Profit/(loss) from continuing operations
682
721
Profit margin from continuing operations
18.9%
20.7%
Profit for the year (including minority interest)
682
740
Profit for the year attributable to equity holders of the parent
691
735
Operating cash flow (a)
1,365
1,379
Capital expenditure
1,313
1,139
Equity
4,255
3,986
Net debt(b)
10,372
9,755



(a) Operating cash flow is calculated as profit + amortisation/depreciation + provisions +/- impairment losses/reversals of impairment losses on assets (after deferred tax effect) +/- share of profit/(loss) of investmets accounted for using equity method+released portion of deferred tax assets on trasfers of assets +/- gains 7(losses) on sale of assets +/- other non-cash items. .

(b) Figures as at 31 December.