TIM (TIMB) Other Operating Expense : $293 Mil (TTM As of Sep. 2023)

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What is TIM Other Operating Expense?

TIM's Other Operating Expense for the three months ended in Sep. 2023 was $19 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was $293 Mil.

TIM's quarterly Other Operating Expense declined from Mar. 2023 ($132 Mil) to Jun. 2023 ($16 Mil) but then increased from Jun. 2023 ($16 Mil) to Sep. 2023 ($19 Mil).

TIM's annual Other Operating Expense declined from Dec. 2020 ($74 Mil) to Dec. 2021 ($56 Mil) and declined from Dec. 2021 ($56 Mil) to Dec. 2022 ($55 Mil).

TIM Other Operating Expense Historical Data

The historical data trend for TIM's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TIM Other Operating Expense Chart

TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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-114.80

73.78

55.51

55.10

535.68

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															-321.95	132.34	16.03	19.47	125.49

TIM Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $293 Mil.

TIM Other Operating Expense Related Terms

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TIM (TIMB) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (NYSE:TIMB) » Definitions » Other Operating Expense

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.