Deutsche Telekom Ag · XETR:DTE

Deutsche Telekom — Q3 2011 Earnings Presentation

83 slides from Deutsche Telekom's earnings presentation, November 2011

  1. Slide 1: Backup Q3 2011

    Backup Q3 2011 Deutsche Telekom. Check out our IR website www.telekom.com/investor-relations for: This backup in .pdf and excel-format The IR calender Detailed information for debt investors New Shareholder structure Follow u DT_Is on Corporate governance For further information on the business unit

  2. Slide 2: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  3. Slide 3: Notes

    Notes. IR Backup Q3 2011.xls Page 3

  4. Slide 4: DT Group. At a Glance I

    DT Group. At a Glance I. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Continuing operations 11.461 11.537 46.346 10.830 10.968 10.990 (4,1) 34.809 32.788 (5,8) Discontinued operations (4.143) (3.942) (16.087) (3.770) (3.510) (3.683) 11,1 (12.145) (10

  5. Slide 5: DT Group. At a Glance II

    DT Group . At a Glance II. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % EBITDA margin (adjusted for special factors) (EBITDA / total revenue) % Germany % 39,9 36,6 38,3 39,7 40,7 41,5 1,6p 38,8 40,6 1,8p Europe % 35,5 32,3 34,1 33,3 34,5 35,8 0,3p 34

  6. Slide 6: DT Group. Excellent market position

    DT Group. Excellent market position. Delta q.o.q. Delta y.o.y. 0001 Note Q3/10 Q4/10 Q1/11 Q2/11 Q3/11 abs. % abs. % Broadband retail lines (end of period) 2,3 16.029 16.307 16.535 16.692 16.746 54 0,3 717 4,5 Germany 11.844 11.954 12.069 12.153 12.201 48 0,4 357 3,0 Europa 4.185 4.353 4.482 4.524 4

  7. Slide 7: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  8. Slide 8: DT consolidated income statement. Adjusted for special factors

    DT consolidated income statement. Adjusted for special factors. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Continuing operations Net revenue 11.461 11.537 46.346 10.850 10.973 10.994 (4,1) 34.809 32.817 (5,7) Cost of sales (6.444) (6.781) (26.458)

  9. Slide 9: DT Group - continuing operations. EBITDA reconciliation

    DT Group - continuing operations. EBITDA reconciliation. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Net revenue 11.461 11.537 46.346 10.830 10.968 10.990 (4,1) 34.809 32.788 (5,8) Net profit (loss) 933 (514) 1.695 480 348 1.069 14,6 2.209 1.897 (14

  10. Slide 10: DT consolidated income statement. As reported

    DT consolidated income statement. As reported. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Continuing operations Net revenue 11.461 11.537 46.346 10.830 10.968 10.990 (4,1) 34.809 32.788 (5,8) Cost of sales (6.549) (7.026) (27.052) (6.282) (6.589) (

  11. Slide 11: DT Group. Special factors in the consolidated income statement

    DT Group. Special factors in the consolidated income statement. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Continuing operations Net revenue 0 0 0 (20) (5) (4) n.a. 0 (29) n.a. Cost of sales (105) (245) (594) (60) (272) (88) 16,2 (349) (420) (20,3)

  12. Slide 12: DT Group. Details on special factors I

    DT Group. Details on special factors I. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Effect on operating expenses (269) (1.878) (2.897) (156) (769) (195) 27,5 (1.019) (1.120) (9,9) of which: expenses / income for early retirement (civil servants) (37

  13. Slide 13: DT Group. Details on special factors II

    DT Group. Details on special factors II. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 Q1 - Q3/10 Q1 - Q3/11 Effect on profit (loss) from financial activities (39) 7 (86) (5) (14) (25) (93) (44) Effect on profit (loss) before income taxes (303) (1.851) (2.945) (181) (788) (221) (1.094) (1.1

  14. Slide 14: Change in the composition of the Group in the third quarter

    DT Group. Change in the composition of the Group in the third quarter. reported MINUS PLUS Total % Pro forma numbers Acquisition effects Deconsolidation effects effect Pro Q3/11 forma reported millions of € Q3/10 Q3/11 Total Ger Europe USA Sys GHS Total Ger Europe USA Sys GHS Q3/11 Q3/10 Continuing

  15. Slide 15: Change in the composition of the Group in the current year

    DT Group. Change in the composition of the Group in the current year. reported MINUS PLUS Total % Pro forma numbers Acquisition effects Deconsolidation effects effect Pro Q1-Q3/11 forma reported millions of € Q1 - Q3/10 Q1 - Q3/11 Total Ger Europe USA Sys GHS Total Ger Europe USA Sys GHS Q1 - Q3/11

  16. Slide 16: Consolidated statement of financial position. Assets

    Consolidated statement of financial position. Assets. millions of € Note 30.09.2010 31.12.2010 31.03.2011 30.06.2011 30.09.2011 y.o.y. % Current assets 13.918 15.243 46.976 47.629 50.086 n.a. Cash and cash equivalents 2.074 2.808 1.676 2.744 2.130 2,7 Trade and other receivables 7.080 6.889 4.658 4.

  17. Slide 17: Consolidated statement of financial position. Liabilities and equity

    Consolidated statement of financial position. Liabilities and shareholders' equity. millions of € Note 30.09.2010 31.12.2010 31.03.2011 30.06.2011 30.09.2011 y.o.y. % Liabilities 84.368 84.784 80.540 83.835 83.923 (0,5) Current liabilities 25.288 26.452 31.586 34.842 34.585 36,8 Financial liabilitie

  18. Slide 18: Maturity profile - well balanced redemptions

    Maturity profile - well balanced redemptions. Bonds, Medium Term Notes and Schuldscheindarlehen maturities as of September 30, 2011. 1/€ billion]* € billion 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 eon 3 S&P: BBB+, positive outlook (long term) and 4-2 (shortterm) Fiteh: BBB+, positive

  19. Slide 19: DT Group. Solid liquidity reserve position

    DT Group. Solid liquidity reserve position. € billinn @ Total line availability @ Liquidity reserves ™ DT Group net debt - 21 bilateral credit facilities of €600 million each adding up to €12.6 billion - € 3.6 billion Commercial papers outstanding - Loan terms insure quality of our liquidity reserve

  20. Slide 20: DT Group. Net debt

    DT Group. Net debt. millions of€ Note 30.09.2010 31.12.2010 31.03.2011 30.06.2011 30.09.2011 q.o.q. % Bonds 38.138 38.190 36.751 38.942 37.803 (2,9) Other financial liabilities 9.308 9.128 9.091 9.716 10.739 10,5 Gross debt 47.446 47.318 45.842 48.658 48.542 (0,2) Cash and cash equivalents 2.074 2.8

  21. Slide 21: DT Group. Net debt development

    DT Group. Net debt development. Net debt development Q2/11 vs. Q3/11 {in € billion) Net debtas of 06/30/11 FCF OTE FX/ Other Net debtas of 09/30/11 IR Backup Q3 2011.xls Page 21

  22. Slide 22: DT Group. Cash capex

    DT Group. Cash capex. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Cash capex Germany 1 862 1.178 3.465 815 811 979 13,6 2.287 2.605 13,9 Europe 396 594 2.012 512 356 437 10,4 1.418 1.305 (8,0) United States 496 610 2.121 546 477 527 6,3 1.511 1.550

  23. Slide 23: DT Group. Free cash flow

    DT Group. Free cash flow. 1 millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Net profit (loss) 933 (514) 1.695 480 348 1.069 14,6 2.209 1.897 (14,1) Profit (loss) attributable to non-controlling interests (17,3) 29,6 156 (178) 65 100 86 129 243 315 Profi

  24. Slide 24: DT Group. Personnel

    DT Group. Personnel. At reporting date 30/09/2010 31/12/2010 31/03/2011 30/06/2011 30/09/2011 Delta q.o.q. Delta y.o.y. Note abs. % abs. % Germany 79.093 76.478 76.478 75.949 75.869 (80) (0,1) (3.224) (4,1) Europe 63.662 63.338 62.030 60.049 58.824 (1.225) (2,0) (4.838) (7,6) United States 37.314 37

  25. Slide 25: Exchange rates

    Exchange rates. Average. € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 1 U.S Dollar (USD) 0,77421 0,73546 0,75398 0,73040 0,69486 0,70750 1 British pound (GBP) 1,20031 1,16315 1,16553 1,17122 1,13280 1,13928 100 Czech korunas (CZK) 4,01085 4,03572 3,95536 4,10411 4,11208 4,10067 100 Croatian kunas (HRK

  26. Slide 26: Notes

    Notes. IR Backup Q3 2011.xls Page 26

  27. Slide 27: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  28. Slide 28: Germany. Financials

    Germany. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 1 6.317 6.442 25.145 5.999 5.989 6.004 (5,0) 18.703 17.992 (3,8) Net revenue 5.899 6.014 23.523 5.661 5.634 5.651 (4,2) 17.509 16.946 (3,2)

  29. Slide 29: Germany. EBITDA Reconciliation

    Germany. EBITDA Reconciliation. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 6.317 6.442 25.145 5.991 5.989 6.004 (5,0) 18.703 17.984 (3,8) Profit (loss) from operations = EBIT 1.370 1.048 4.916 1.248 850 1.357 (0,9) 3.868 3.455 (10,7)

  30. Slide 30: Germany. Operational

    Germany. Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Germany Fixed network access lines ('000) 25.024 24.650 24.650 24.312 24.017 23.694 (5,3) - broadband retail access lines ('000) 11.844 11.954 11.954 12.069 12.153 12.201 3,0 - TV ('000) 1.042 1.156 1.156 1.257 1.301 1.375 32,0

  31. Slide 31: Germany. Revenue split

    Germany. Revenue split - Products. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Germany 1 6.317 6.442 25.145 5.991 5.989 6.004 (5,0) 18.703 17.984 (3,8) Fixed network 2.728 2.723 10.983 2.644 2.633 2.615 (4,1) 8.260 7.892 (4,5) of which single play 2

  32. Slide 32: Germany. Mobile communications KPIs

    Germany. Mobile communications KPIs. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Average monthly churn (%) 3,4 1,7 2,4 1,5 1,6 1,5 (1,9p) - contract (%) 1,1 1,2 1,2 1 1,1 1,1 0,0p SAC per gross add (€) 86 90 87 78 64 69 (19,8) - contract (€) 170 189 173 153 114 107 (37,1) - prepaid (€) 21 20 1

  33. Slide 33: Germany. Single Play

    Germany. Single Play. Single Play.1,2,3 Call Start4 Call Basic4,5 Call Comfort4 Standard Standard voice usage per Standard up to 120 minutes included minute flat rate within Germany within Germany from€ 17.95 from€ 19.95 from€ 29.95 City, CDL Cent/Minute Cent/Minute Off peak 2.9 0 Peak 2.9 0 interna

  34. Slide 34: Germany. Double Play

    Germany. Double Play. Call & Surf Comfort Plus Double Play.1,2,3 Call & Surf Basic4 (4.1) Call & Surf Comfort 4 Call & Surf Comfort VDSL4 Call & Surf Comfort Plus4 VDSL4 Bandwidth DSL Bandwidth DSL Bandwidth DSL Bandwidth VDSL 16 Mbit/s, flat rate Internet 50 Mbit/s, flat rate Internet Bandwidth DSL

  35. Slide 35: Germany. Triple Play

    Germany. Triple Play. Triple Play.1,2,3 Entertain Comfort 7 Entertain Premium 7 Entertain SAT 4/8 Bandwidth DSL Bandwidth DSL Bandwidth DSL 5 5 min. 3 Mbit/s, flat rate Internet usage and flat rate voice 16 Mbit/s plus , flat rate internet usage and flat rate 16 Mbit/s plus , flat rate Internet usag

  36. Slide 36: Germany. Entertain Pur

    Germany. Entertain Pur. Entertain Pur.1,2,3 Entertain Pur4 Entertain Pur Flat4 Standard voice usage, video on Standard voice usage, video on demand, IPTV basic package, demand, IPTV basic package, Bandwidth DSL 16 Mbit/s plus 5 Bandwidth DSL 16 Mbit/s plus 5 (No internet-usage) (No internet-usage) f

  37. Slide 37: Germany. Call. Call & Surf Mobil

    Germany. Call. Special Call Call plans in € XS S M L 100 Monthly charge (without handset) 4.95 14.95 24.95 34.95 9.95 Monthly charge (with handset) 14.95 24.95 34.95 44.95 - includes national voice minutes 30 120 120 120 100 (on-net, fixed net, other mobile networks) - Weekend Flat (national calls o

  38. Slide 38: Germany. Complete Mobil

    Germany. Complete Mobil. Complete plans in € S M L XL Monthly charge (without handset) 29.95 39.95 49.95 89.95 Monthly charge (with handset) 39.95 49.95 59.95 99.95 includes national voice minutes 120 120 120 120 (EU+CH) (on-net, fixed net, other mobile networks) - Weekend Flat (national calls on-ne

  39. Slide 39: Fixed Network. Overview dom. interconnection tariffs

    Fixed Network. Overview dom. interconnection tariffs (excl. VAT). Peak Peak Off-Peak Off-Peak Termination/Origination fees in cent/min. 1 (9:00-18:00), old (9:00-18:00), new (18:00-9:00), old (18:00-9:00), new1 Local 0.52 0.54 0.36 0.38 Single transit 0.88 0.89 0.59 0.60 Double transit national 1.36

  40. Slide 40: Notes

    Notes. IR Backup Q3 2011.xls Page 40

  41. Slide 41: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  42. Slide 42: United States. Financials

    United States. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 4.143 3.942 16.087 3.770 3.510 3.683 (11,1) 12.145 10.963 (9,7) Net revenue 4.140 3.940 16.075 3.767 3.507 3.680 (11,1) 12.135 10.954

  43. Slide 43: United States. EBITDA reconciliation

    United States. EBITDA reconciliation. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 4.143 3.942 16.087 3.770 3.510 3.683 (11,1) 12.145 10.963 (9,7) Profit (loss) from operations = EBIT 1 476 472 2.092 401 868 976 n.a. 1.620 2.245 38,6 -

  44. Slide 44: United States. Operational

    United States. Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y.% Q1 - Q3/10 Q1 - Q3/11 y.o.y % Customers (end of period) ('000) 33.757 33.734 33.734 33.635 33.585 33.711 (0,1) 33.757 33.711 (0,1) Branded contract 24.938 24.574 24.574 23.999 23.463 23.074 (7,5) 24.938 23.074 (7,5) Connect

  45. Slide 45: United States. Operational in US-$

    United States. Operational in US-$. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y.% Q1 - Q3/10 Q1 - Q3/11 y.o.y.% Customers (end of period) ('000) 33.757 33.734 33.734 33.635 33.585 33.711 (0,1) 33.757 33.711 (0,1) Branded contract 24.938 24.574 24.574 23.999 23.463 23.074 (7,5) 24.938 23.074 (7,5)

  46. Slide 46: USA. T-Mobile USA plans

    USA. T-Mobile USA. Value Plans1,2,3, 4, 5 500 Minute 1000 Minute Unlimited Whenever Minutes Minute Only (talk) $34,99 $44,99 NA Basic (talk and text) $39,99 $49,99 Plus (talk, text and 2 GB of high speed data) $49,99 $59,99 Premium (talk, text and 5 GB of high speed data) $64,99 $74,99 Ultra (talk,

  47. Slide 47: USA. T-Mobile USA family plans

    USA. T-Mobile USA. Value Plans for Families 1,2,3,4, 5, 6 1000 Minute 2000 Minute Unlimited Whenever Minutes Minute Only $49,98 $69,99 NA Basic (talk and text) $59,98 $79,98 Plus (talk, text and 2 GB of high speed data) $79,98 $99,98 Premium (talk, text and 5 GB of high speed data) $109,98 $129,98 U

  48. Slide 48: USA. T-Mobile USA monthly 4G plans

    USA. T-Mobile USA. Monthly4G 1,2 Talk Text Web 100 (minutes) $30,00 Unlimited Unlimited 1500 (minutes or messages) $30,00 30 MB Unlimited (talk, text and first 100MB at up to 4G speeds $50,00 Unlimited Unlimited Unlimited (talk, text and first 2GB at up to 4G speeds $60,00 Unlimited Unlimited Unlimi

  49. Slide 49: USA. T-Mobile USA mobile broadband plans

    USA. T-Mobile USA. Value Plans Pricing Hotspot Access Monthly Mobile Broadband Plans Overage-free Ultra (10 GB mobile broadband data) $69,99 Included Overage-free Ultra (10 GB mobile broadband data with $10 discount avail. when added to a voice line of service) $59,99 Included Overage-free Premium (

  50. Slide 50: Notes

    Notes. IR Backup Q3 2011.xls Page 50

  51. Slide 51: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  52. Slide 52: Europe. Financials

    Europe. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 1 4.123 3.913 16.840 3.684 3.812 3.877 (6,0) 12.927 11.373 (12,0) Net revenue 3.951 3.750 16.183 3.516 3.642 3.699 (6,4) 12.433 10.857 (12,7

  53. Slide 53: Europe. EBITDA Reconciliation

    Europe. EBITDA Reconciliation. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 4.123 3.913 16.840 3.672 3.807 3.873 (6,1) 12.927 11.352 (12,2) Profit (loss) from operations = EBIT 622 (478) 985 365 465 551 (11,4) 1.463 1.381 (5,6) - Deprec

  54. Slide 54: Europe. Customer Summary

    Europe. Customer Summary. '000 Note Q3/10 Q4/10 Q1/11 Q2/11 Q3/11 y.o.y. % Greece - Fixed network Access Lines 3.858 3.739 3.640 3.536 3.433 (11,0) - Broadband Access Lines 1.133 1.147 1.153 1.145 1.136 0,3 - Mobile Customers 8.330 7.990 7.600 7.733 7.873 (5,5) Romania - Fixed network Access Lines 2

  55. Slide 55: Greece. Financials

    Greece. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 979 937 3.876 863 886 930 (5,0) 2.939 2.679 (8,8) -of which Fixed network 578 563 2.312 530 523 534 (7,6) 1.749 1.587 (9,3) -of which Mobile

  56. Slide 56: Greece. Operational

    Greece. Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 3.858 3.739 3.739 3.640 3.536 3.433 (11,0) 3.858 3.433 (11,0) Broadband retail access lines ('000) 1.092 1.110 1.110 1.118 1.112 1.104

  57. Slide 57: Romania. Financials

    Romania. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 1 294 287 1.165 262 274 272 (7,5) 878 808 (8,0) -of which Fixed network 182 170 717 166 171 164 (9,9) 547 501 (8,4) -of which Mobile commun

  58. Slide 58: Romania. Operational

    Romania. Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 2.625 2.597 2.597 2.578 2.554 2.523 (3,9) 2.625 2.523 (3,9) Broadband retail access lines ('000) 902 961 961 1.044 1.063 1.052 16,6 9

  59. Slide 59: Hungary. Financials

    Hungary. 1,2 Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 3 390 323 1.517 352 370 366 (6,2) 1.194 1.088 (8,9) -of which Fixed network 158 131 631 149 152 147 (7,0) 500 448 (10,4) -of which Mobi

  60. Slide 60: Hungary. Operational

    Hungary. Operational. 1,2 Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.690 1.652 1.652 1.546 1.523 1.506 (10,9) 1.690 1.506 (10,9) Broadband retail access lines ('000) 672 693 693 695 703 721 7,3 67

  61. Slide 61: Poland. Financials and Operational

    Poland. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 472 475 1.839 440 453 438 (7,2) 1.364 1.331 (2,4) EBITDA 1 159 187 691 144 176 156 (1,9) 504 476 (5,6) EBITDA margin (EBITDA / total revenue

  62. Slide 62: Czech Republic. Financials and Operational

    Czech Republic. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 296 291 1.157 268 282 272 (8,1) 866 822 (5,1) EBITDA 1 143 134 551 136 139 116 (18,9) 417 391 (6,2) EBITDA margin (EBITDA / total re

  63. Slide 63: Netherlands. Financials and Operational

    Netherlands. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 450 427 1.767 418 436 428 (4,9) 1.340 1.282 (4,3) EBITDA 1 98 122 461 82 128 121 23,5 339 331 (2,4) EBITDA margin (EBITDA / total reven

  64. Slide 64: Croatia. Financials

    Croatia. 1 Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 314 278 1.148 256 269 296 (5,7) 870 821 (5,6) -of which Fixed network 167 166 650 155 158 173 3,6 484 486 0,4 -of which Mobile communicat

  65. Slide 65: Croatia. Operational

    Croatia. 1 Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.437 1.431 1.431 1.418 1.407 1.395 (2,9) 1.437 1.395 (2,9) Broadband retail access lines ('000) 600 629 629 642 647 646 7,7 600 64

  66. Slide 66: Slovakia. Financials

    Slovakia. 1 Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 2 239 232 934 214 230 223 (6,7) 702 667 (5,0) -of which Fixed network 114 110 442 102 115 105 (7,9) 332 322 (3,0) -of which Mobile commu

  67. Slide 67: Slovakia. Operational

    Slovakia. 1 Operational. Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.072 1.061 1.061 1.051 1.039 1.029 (4,0) 1.072 1.029 (4,0) Broadband retail access lines ('000) 392 402 402 413 417 420 7,1 392 4

  68. Slide 68: Austria. Financials and Operational

    Austria. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 254 238 983 229 227 234 (7,9) 745 690 (7,4) EBITDA 1 69 70 283 60 68 69 0,0 213 197 (7,5) EBITDA margin (EBITDA / total revenue) % 27,2 29,

  69. Slide 69: Bulgaria. Financials and Operational

    Bulgaria. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 107 106 422 96 102 108 0,9 316 306 (3,2) EBITDA 42 45 168 37 39 42 0,0 123 118 (4,1) EBITDA margin (EBITDA / total revenue) % 39,3 42,5 39

  70. Slide 70: Everything Everywhere. Financials

    Everything Everywhere (Joint Venture Deutsche Telekom - France Telecom). 1,2 Financials (adjusted for special factors). millions of GBP Note H1/10 Q3/10 Q4/10 H2/10 Q1/11 Q2/11 H1/11 Q3/11 % y.o.y. Total revenue 3.472 1.773 1.804 3.577 1.704 1.663 3.367 1.697 (4,3) EBITDA (as reported) 632 --- --- 5

  71. Slide 71: Notes

    Notes. IR Backup Q3 2011.xls Page 71

  72. Slide 72: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  73. Slide 73: Systems Solutions. Financials

    Systems Solutions. Financials (adjusted for special factors). millions of€ Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 2.205 2.479 9.057 2.260 2.276 2.256 2,3 6.578 6.792 3,3 of which internationa 715 776 2.868 733 729 719 0,6 2.092 2.181 4,3 Net re

  74. Slide 74: Systems Solutions. EBITDA reconciliation

    Systems Solutions. EBITDA reconciliation. millions of€ Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 2.205 2.479 9.057 2.260 2.276 2.256 2,3 6.578 6.792 3,3 Profit (loss) from operations = EBIT (25) (5) 44 (11) 22 (62) n.a. 49 (51) n.a. - Depreciation

  75. Slide 75: Systems Solutions. Computing and Desktop Services

    Systems Solutions. Computing Services. millions of€ Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 766 835 3.128 799 775 763 (0,4) 2.293 2.310 0,7 EBIT (adjusted for special factors) 0 37 71 11 (39) (3) n.a. 34 (31) n.a. EBIT margin (adjusted for speci

  76. Slide 76: Systems Solutions. Systems Integration. Telecommunications

    Systems Solutions. Systems Integration. millions of€ Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 436 503 1.801 466 464 453 3,9 1.298 1.382 6,5 EBIT (adjusted for special factors) 30 35 106 17 22 10 (65,7) 70 50 (28,6) EBIT margin (adjusted for speci

  77. Slide 77: Notes

    Notes. IR Backup Q3 2011.xls Page 77

  78. Slide 78: Content

    Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 62 EBITDA reconciliation 29 Netherlands 63 Group Operational 30 Croatia 64 Adjusted for special factors 8 Additional information 31 Slovakia 66 EBITDA reconciliation 9 Austria 68 As reported 10 USA Bulgaria

  79. Slide 79: Group Headquarters & Shared Services. Financials

    Group Headquarters & Shared Services. Financials (adjusted for special factors). millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 567 451 2.166 537 539 547 (3,5) 1.715 1.623 (5,4) Net revenue 56 59 229 57 59 57 1,8 170 173 1,8 EBITDA (192)

  80. Slide 80: Group Headquarters & Shared Services. EBITDA reconciliation

    Group Headquarters & Shared Services. EBITDA reconciliation. millions of € Note Q3/10 Q4/10 FY/10 Q1/11 Q2/11 Q3/11 y.o.y. % Q1 - Q3/10 Q1 - Q3/11 y.o.y. % Total revenue 567 451 2.166 537 539 547 (3,5) 1.715 1.623 (5,4) Profit (loss) from operations = EBIT (462) (1.226) (2.479) (347) (619) (399) 13,

  81. Slide 81: Group Headquarters & Shared Services. Vivento

    Group Headquarters & Shared Services. Vivento. End of Period. Note 30/09/10 31/12/10 31/03/2011 30.06.2011 30/09/2011 Employees Vivento in total 1 9.900 8.900 9.000 9.000 8.800 Employment external 2 4.200 3.600 3.300 3.500 3.600 Employment internal 3.200 3.300 3.400 3.400 3.400 Others 3 2.500 2.100

  82. Slide 82: Notes

    Notes. IR Backup Q3 2011.xls Page 82

  83. Slide 83: DTAG. Glossary and Disclaimer

    DTAG. Glossary and Disclaimer. In addition to financial information presented in accordance with IFRS, this presentation contains non-GAAP financial measures, such as ... which is defined as ... EBIT Abbreviation for EARNINGS BEFORE INTEREST AND TAXES. EBIT is equivalent to the P&L-line "Profit from

Deutsche Telekom — Q3 2011 Earnings Presentation on 6ix