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Deutsche Telekom AG - Interim Group report - January 1 to March 31, 2011

56 Europe millions of € Reconciliation millions of € Total millions of € Net revenue (782) 24 (758) Cost of sales 410 (24) 386 Gross profit (loss) (372) 0 (372) Selling expenses 205 - 205 General and administrative expenses 5 (1) 4 Other operating income (3) 14 11 Other operating expenses (6) (10) (16) Profit (loss) from operations (171) 3 (168) Finance costs 228 20 248 Share of profit (loss) of associates and joint ventures accounted for using the equity method - - - Other financial income (expense) 6 - 6 Profit (loss) from financial activities 234 20 254 Profit (loss) before income taxes 63 23 86 Income taxes - (6) (6) Profit (loss) 63 17 80 Changes in the composition of the Group. Deutsche Telekom lost control over T-Mobile UK as of April 1, 2010 due to the merger of T-Mobile UK and Orange UK into a joint venture company under the name Everything Everywhere. Instead, the joint venture is included in the consolidated statement of financial position under investments accounted for using the equity method and reported in the Europe operating segment. This imposes certain limits on the comparability of the interim consolidated financial statements and the disclosures under segment reporting. The following table shows the effect of changes in the composition of the Group on the consolidated income statement and segment reporting for the first quarter of 2011.