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Financial Highlights

€/mln

2011 

2010

Revenue
     3,976
    3,722
Net toll revenues
3,341
3,094
Other operating income
635
628
Gross operating profit (EBITDA)
2,385
2,269
Operating profit (EBIT)
1,776
1,753
Profit/(loss) from continuing operations
714
699
Profit for the year (including minority interest)
840
701
Profit for the year attributable to equity holders of the parent
830
683
Operating cash flow (*)
1,692
1,428
Total investments
1,619
1,525
Equity
3,961
3,587
Net debt
8,970
9,657
Net debt/EBITDA
3.8x
4.3x



(*) 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.