Indra revenues remained stable in local currency in 9m15 and net profit totalled losses of -561 million euros by the impact of non-recurrent effects

Eliminating the non-recurring effects, the losses would have been -?56m

Revenues improve their behavior comparing to 1H15. Revenues grow +12% in the third quarter of 2015 in local currency and in 9M15 would have grown +2% vs 9M14 excluding the seasonality of the Election Business

Recurrent EBIT amounts to ?23m, vs -?25m of the first half of the year. Recurrent EBIT margin of 3Q15 reaches 3.5%, below the 7.0% of 3Q14

Indra booked a provision of 160m in this quarter due to its personnel cost optimization plan. Non-recurring ítems include the provision of the total expenses associated with the plan, which ends on December, 31st of 2016

FCF in 3Q15 stands at -?23m. FCF in 3Q15 would have reached -?14m if we exclude the cost of the personnel optimization plan of that period

Stabilization of the Net Debt, which amounts to ?837m vs ?825m of June 2015 and vs ?726m of September 2014

Brazil?s business review will include non-recurring items at year-end, which is still under an analysis process for its quantification