Telecom Argentina Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	1.159B	1.086B	1.019B	1.084B	1.011B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue		870.67M	551.64M	541.37M	492.80M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	1.159B	215.74M	467.64M	542.48M	518.63M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense		0.00	0.00		0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense		-254.90M	332.58M	317.66M	294.63M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization		431.60M	0.00	92.36M	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses		1.047B	884.22M	951.39M	787.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	1.159B	39.04M	135.06M	132.46M	224.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income		86.90M	-39.04M	-18.15M	-1.49M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	1.159B	263.51M	226.29M	222.97M	243.40M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes		97.05M	79.53M	78.00M	84.21M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	1.159B	166.46M	146.76M	144.97M	159.19M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		-4.65M	1.68M	0.73M	2.24M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		-4.65M	1.68M	0.73M	2.24M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	157.67M	127.69M	128.64M	142.10M	153.76M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses		0.00	0.00		0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations	0.00	0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	157.67M	127.69M	128.64M	142.10M	153.76M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	193.89	196.74	197.38	196.88	196.88	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	193.89	196.74	197.38	196.88	196.88	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.81	0.65	0.65	0.72	0.78	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.81	0.65	0.65	0.72	0.78	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro