Group EBIT declined from EUR 300.5 million in the first half of 2010 to EUR 42.7 million in the first half of 2011, primarily as a result of restructuring charges that were recorded in the Austrian segment.
As a result of a lower EBITDA comparable operating income declined in the Bulgarian and Croatian segment in the first half of 2011. In the Belarusian segment operating income improved by 10.3%, as a reduction in capital expenditures and the impact of the currency devaluation resulted in lower depreciation and amortization charges in the first half of 2011. In the Additional markets segment operating loss improved from EUR 24.0 million to EUR 7.5 million.