Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q2 2010 Earnings Presentation
85 slides from Deutsche Telekom's earnings presentation, August 2010
Slide 1: Backup Q2 2010. Deutsche Telekom
Backup Q2 2010. 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 Shareholder structure Corporate governance For further information on the business units please refer to: ww
Slide 2: Notes
Notes. Deutsche Telekom AG Page 2
Slide 3: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 4: DT Group. At a Glance I
DT Group. At a Glance I. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 16.238 16.262 16.237 64.639 15.812 15.531 -4,4% 32.140 31.343 -2,5% Germany 6.220 6.471 6.438 25.460 6.189 6.197 -0,4% 12.551 12.386 -1,3% USA 3.918 3.758 3.658 15.471 3.814 4.188 6,9%
Slide 5: DT Group. At a Glance II
DT Group. At a Glance II. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % EBITDA margin excluding special factors Germany 38,3% 39,0% 36,3% 37,7% 37,1% 39,3% 1,1%p 37,8% 38,2% 0,4%p USA 30,0% 29,0% 25,6% 27,5% 26,4% 26,7% -3,3%p 27,8% 26,6% -1,2%p Europe 33,3% 36,0% 31,7%
Slide 6: DT Group. Excellent market position
DT Group. Excellent market position. Delta q.o.q. Delta y.o.y. ('000)1 Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 abs. % abs. % 2 Broadband retail lines (end of period) 14.808 14.982 15.358 15.358 15.675 15.873 198 1,3% 1.065 7,2% Germany 11.229 11.301 11.477 11.477 11.665 11.795 130 1,1% 566 5,0% Europa3
Slide 7: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 8: DT consolidated income statement. Adjusted for special factors
DT consolidated income statement. Adjusted for special factors. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Net revenue 16.238 16.262 16.237 64.639 15.812 15.531 -4,4% 32.140 31.343 -2,5% Cost of sales -8.593 -9.113 -9.119 -35.823 -8.859 -8.573 0,2% -17.591 -17.432 0,
Slide 9: DT Group. EBITDA reconciliation
DT Group. EBITDA reconciliation. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 H1/09 H1/10 Net revenue 16.238 16.262 16.200 64.602 15.812 15.531 32.140 31.343 Net profit (loss) 521 959 -3 353 767 475 -603 1.242 + Profit (loss) attributable to minority interests 75 186 59 520 98 -11 275 87 = Profit (
Slide 10: DT consolidated income statement. Unadjusted
DT consolidated income statement. Unadjusted. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Net revenue 16.238 16.262 16.200 64.602 15.812 15.531 -4,4% 32.140 31.343 -2,5% Cost of sales -8.746 -9.224 -9.383 -36.259 -9.025 -8.651 1,1% -17.652 -17.676 -0,1% Gross profit 7
Slide 11: Special factors in the consolidated income statement
DT Group. Special factors in the consolidated income statement. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 H1/09 H1/10 Net revenue 0 0 -37 -37 0 0 0 0 Cost of sales -153 -111 -264 -436 -166 -78 -61 -244 Gross profit -153 -111 -301 -473 -166 -78 -61 -244 Selling expenses -31 -5 -75 -83 -15 -15 -3
Slide 12: Details on special factors I
DT Group. Details on special factors I. € million Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 H1/09 H1/10 Effect on operating expenses -252 -160 -1.087 -212 -538 -1.948 -750 of which: expenses / income for early retirement (civil servants) 21 -3 -153 0 -12 17 -12 of which: expenses for severance payments -183 -65
Slide 13: Details on special factors II
DT Group. Details on special factors II. € million Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 H1/09 H1/10 Effect on profit (loss) from financial activities -112 -32 -63 -13 -41 -137 -54 Effect on profit (loss) before income taxes -358 -177 -1.145 -214 -577 -2.056 -791 Effect on taxes 49 59 181 65 215 80 280 Tax
Slide 14: Change in the composition of the Group in the second quarter
DT Group. Change in the composition of the Group in the second quarter. Total % Pro reported Minus PLUS effect 1 2 Forma numbers Acquisition effects Deconsolidation effects Pro Q2/10 forma reported € million Q2/09 Q2/10 Total Ger 3 - - Total Europa 4 - - Q2/10 Q2/09 Net revenue 16.238 15.531 23 23 -
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. Total % Pro reported Minus PLUS effect 1 2 Forma numbers Acquisition effects Deconsolidation effects Pro H1/10 forma reported € million H1/09 H1/10 Total Ger 3 Europa 4 - Total Europa 5 - - H1/10 H1/09 Net revenue 32.140 31.343 53
Slide 16: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets.1 € billion Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 y.o.y. % Current assets 20,1 24,4 23,0 24,6 15,5 -23,0% Cash and cash equivalents 5,8 6,1 5,0 5,6 1,8 -68,5% Trade and other receivables 8,2 6,8 6,8 6,8 7,2 -11,7% Current recoverable income taxes 0,1 0,1 0,1 0,3 0,2 60,8%
Slide 17: Consolidated balance sheet. Shareholders' equity and liabilities
Consolidated balance sheet. Shareholders' equity and liabilities. 1 € billion Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 y.o.y. % Liabilities 91,4 87,7 85,8 86,5 88,0 -3,8% Current liabilities 28,8 26,4 24,8 25,7 25,2 -12,4% Financial liabilities 14,0 11,4 9,4 10,0 10,9 -22,2% Trade and other payables 7,0 6,1 6,
Slide 18: Maturity profile - well balanced redemptions
Maturity profile - well balanced redemptions. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as of June 30, 2010. Bonds, MTNs and Schuldscheindarlehen as per 30/06/10 (€ billion)* € billion - €1.1 billion bond maturities in the remainder of 2010 - Funding done in 2010: 2.8bn 6.8
Slide 19: DT Group. Solid liquidity reserve position
DT Group. Solid liquidity reserve position. Liquidity reserves asof June 30,2010 - 20 bilateral credit facilities of €600 million each adding up to €12 billion. € billion - Loan terms insure quality of our liquidity reserve - No financial covenants, - No MAC Clause, 12.6 - No rating trigger. - Avera
Slide 20: DT Group. Debt to net debt reconciliation
DT Group. Debt to net debt reconciliation. € million 1 Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 q.o.q. % Bonds 43.157 40.572 38.508 38.722 40.046 3,4% Other financial liabilities 9.627 9.901 9.609 9.152 10.108 10,4% Gross debt 52.784 50.473 48.117 47.874 50.154 4,8% Cash and cash equivalents 5.836 6.080 5.022
Slide 21: DT Group. Net debt development
DT Group. Net debt development.
Slide 22: DT Group. Cash capex
DT Group. Cash capex.1 € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Germany 684 771 903 3.158 651 774 13,2% 1.484 1.425 -4,0% USA 785 552 464 2.666 481 534 -32,0% 1.650 1.015 -38,5% Europe 526 562 654 2.489 568 454 -13,7% 1.273 1.022 -19,7% Systems Solutions 171 144 20
Slide 23: DT Group. Free cash flow
DT Group. Free cash flow. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % 1 Deutsche Net profit (loss) 521 959 -3 353 767 475 -8,8% -603 1.242 n.a. Telekom adjusted Profit (loss) attributable to minority interests 75 186 59 520 98 -11 n.a. 275 87 -68,4% the presentation o
Slide 24: DT Group. Personnel
DT Group. Personnel. 1 Delta q.o.q. Delta y.o.y. End of period 30/06/08 30/09/09 30/06/08 30/06/08 30/09/08 abs. % abs. % Germany 84.821 84.033 81.336 80.394 79.524 -870 -1,1% -5.297 -6,2% USA 38.330 37.995 40.697 38.294 37.743 -551 -1,4% -587 -1,5% Europe 72.447 71.343 71.163 69.909 64.007 -5.902 -
Slide 25: Exchange rates. Average. End of period
Exchange rates. Average. € Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 1 U.S dollar (USD) 0,73372 0,69909 0,67630 0,71692 0,72291 0,78668 1 British pound (GBP) 1,13783 1,14701 1,10494 1,12218 1,12643 1,17313 100 Czech korunas (CZK) 3,74706 3,90538 3,85810 3,78123 3,86655 3,90821 100 Croatian kunas (HRK) 13,
Slide 26: Notes
Notes. Deutsche Telekom AG Page 26
Slide 27: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 28: Germany. Financials
Germany. Financials. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/10 H2/10 y.o.y. % Total revenue1 6.220 6.471 6.438 25.460 6.189 6.197 -0,4% 12.551 12.386 -1,3% of which Fixed Network 1 4.628 4.711 4.710 18.773 4.530 4.496 -2,9% 9.352 9.026 -3,5% of which Mobile 1.947 2.109 2.101 8.109
Slide 29: Germany. Financials (unadjusted)
Germany. Financials (unadjusted). € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 6.220 6.471 6.401 25.423 6.189 6.197 -0,4% 12.551 12.386 -1,3% of which Fixed Network 4.628 4.711 4.673 18.736 4.530 4.496 -2,9% 9.352 9.026 -3,5% of which Mobile 1.947 2.109 2
Slide 30: Germany. EBITDA Reconciliation. Special factors
Germany. EBITDA Reconciliation. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 6.220 6.471 6.401 25.423 6.189 6.197 -0,4% 12.551 12.386 -1,3% Profit (loss) from operations = EBIT 1.274 1.409 1.054 5.062 1.171 1.327 4,2% 2.599 2.498 -3,9% Depreciation, amort
Slide 31: Germany. Operational
Germany. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % Fixed Network (end of period) fixed network access lines ('000) 27.226 26.653 26.236 26.236 25.864 25.549 -6,2% broadband retail access lines ('000) 11.229 11.301 11.477 11.477 11.665 11.795 5,0% IPTV ('000) 561 678 806 806 896 971 7
Slide 32: Germany. Revenue Split Fixed Network
Germany. Revenue Split Fixed Network. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network 4.628 4.711 4.673 18.736 4.530 4.496 -2,9% 9.352 9.026 -3,5% of which network communications 1.440 1.415 1.367 5.733 1.315 1.279 -11,2% 2.952 2.594 -12,1% of which IP/Inter
Slide 33: Germany. Fixed Network - Single Play
Germany. 1,2,3 Fixed Network - Single Play. Call Start 4 Call Basic 4 Call Comfort 4 Standard voice usage Standard Standard per minute up to 120 minutes flat rate within within Germany Germany from € 17.95 from € 19.95 from € 29.95 Off peak 0/2.9 0 City Peak 0/2.9 0 Off peak 0/2.9 0 DLD Peak 0/2.9 0
Slide 34: Germany. Fixed Network - Double Play
Germany. Fixed Network - Double Play.1,2,3 4 4 4 4 4 Call & Surf Basic(4.1) Call & Surf Comfort Call & Surf Comfort VDSL Call & Surf Comfort Plus Call & Surf Comfort Plus VDSL Bandwidth DSL Bandwidth DSL Bandwidth DSL Bandwidth VDSL 16 Mbit/s, flat rate Internet Bandwidth DSL 25 Mbit/s, flat rate In
Slide 35: Germany. Fixed Network - Entertain Pur
Germany. Fixed Network - Entertain Pur. 1,2,3 Entertain Pur4 Entertain Pur Flat 4 Bandwidth DSL Bandwidth DSL 16 Mbit/s plus 5, standard voice 16 Mbit/s plus 5, standard voice usage, video on demand, IPTV usage, video on demand, IPTV basic package basic package from € 27.95 from € 39.95 Off peak 2.9
Slide 36: Germany. Fixed Network - Entertain
Germany. Fixed Network - Entertain. 1,2,3 Entertain Comfort4 Entertain Premium4 Bandwidth DSL Bandwidth DSL 16 Mbit/s plus , flat rate internet 16 Mbit/s plus 5, flat rate Internet 5 usage and flat rate voice usage, usage and flat rate voice usage, video on demand, IPTV basic video on demand, IPTV p
Slide 37: Germany. Fixed network - IPTV packages
Germany. Fixed network - IPTV packages. Entertain Entertain Entertain Entertain Comfort Premium Comfort Premium FY/08 VDSL VDSL Internet Included up to 25 MBit/s up to 25 MBit/s Access bandwidth up to 16 MBit/s up to 16 MBit/s or 50 MBit/s or 50 MBit/s Internet usage flatrate ● ● ● ● Voice Included
Slide 38: Germany. Mobile - Max Flat Plans. Relax Plans
Germany. Mobile - Max Flat Plans. Max flat plans in € Max Flat XS Max Flat S Max Flat M Max Flat L Monthly charge (without handset) 4.95 14.95 29.95 79.95 7.95 Montly charge (with handset) 24.95 39.95 89.95 7.00 minimum Rates per minute national: optional -mobile to national fixed net 0.29 free 0.29
Slide 39: Germany. Mobile - Combi Relax Plans
Germany. Mobile - Combi Relax Plans. Combi Relax plans in € Combi Relax 60 Combi Relax 120 Combi Relax 240 Combi Relax 1200 Monthly charge (with handset) 29.95 49,95 69,95 89,95 includes national voice minutes 60 120 240 1200 (on-net, fixed net, other mobile networks) Voicemail free free free free A
Slide 40: Germany. T-Mobile - Complete Plans (for iPhone)
Germany. T-Mobile - Complete Plans (for iPhone) Complete plans in€ Complete XS Complete S Complete M Complete L Monthly charge (with iPhone) 24.95 44.95 59.95 119.95 Rates per minutenational: optional -mobile to national fixed net 0.29 free 0.29 free free -on-net / Voicebox 0.29 0.29 free free free
Slide 41: Germany. Mobile - Combi Flat Plans
Germany. Mobile - Combi Flat Plans. Combi flat plans in € Combi Flat XS Combi Flat S Combi Flat M Combi Flat L Monthly charge (with handset) 24.95 44.95 59.95 119.95 Rates per minute national: optional -mobile to national fixed net 0.29 free 0.29 free free -on-net / Voicebox 0.29 0.29 free free free
Slide 42: Germany. Mobile Data Plans
Germany. Mobile: Mobile Data Plans (mobile phone). Web'n'walk plans1 in € web'n'walk Starter web'n'walk Time 300 web'n'walk Handy Flat In combination with: Relax, Max Flat Relax, Max Flat Relax, Max Flat Monthly charge - 4,95 (9.95/14.95) 3 Minutes including - 300 unlimited 2 Price per (additional)
Slide 43: Fixed Network. Overview dom. interconnection tariffs
Fixed Network. Overview dom. interconnection tariffs (excl. VAT). Peak Peak Off-Peak Off-Peak Cent/min. (9:00-18:00), old (9:00-18:00), new 1 (18:00-9:00), old (18:00-9:00), new 1 Termination/Origination fees Local 0.52 0.54 0.36 0.38 Single transit 0.88 0.89 0.59 0.60 Double transit nationa 1.36 1.
Slide 44: Notes
Notes. Deutsche Telekom AG Page 44
Slide 45: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 46: USA. Financials. Reported
USA. Financials. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 3.918 3.758 3.658 15.471 3.814 4.188 6,9% 8.055 8.002 -0,7% Net revenue 3.914 3.755 3.655 15.457 3.811 4.185 6,9% 8.047 7.995 -0,6% Service Revenue 3.415 3.233 3.119 13.337 3.280 3.622 6,1% 6.9
Slide 47: USA. EBITDA Reconciliation. Special factors
USA. EBITDA Reconciliation. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 3.918 3.758 3.658 15.471 3.814 4.188 6,9% 8.055 8.002 -0,7% Profit (loss) from operations = EBIT 654 595 454 2.233 544 600 -8,3% 1.184 1.144 -3,4% - Depreciation and amortization -52
Slide 48: USA. Operational
USA. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Customers (end of period) ('000) 33.497 33.420 33.790 33.790 33.713 33.620 0,4% 33.497 33.620 0,4% - Contract ('000) 27.022 26.882 26.765 26.765 26.646 26.752 -1,0% 27.022 26.752 -1,0% - Prepay ('000) 6.475 6.538 7.0
Slide 49: USA. Operational in US-$
USA. Operational in US-$. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Customers (end of period) ('000) 33.497 33.420 33.790 33.790 33.713 33.620 0,4% 33.497 33.620 0,4% - Contract ('000) 27.022 26.882 26.765 26.765 26.646 26.752 -1,0% 27.022 26.752 -1,0% - Prepay ('000) 6.475 6
Slide 50: USA. T-Mobile USA
USA. T-Mobile USA. Even More Talk + Text Weekend/Night Whenever minutes Talk Talk + Text ¹ + Web ² Minutes 500 $39,99 $49,99 $79,99 Unlimited 1000 $49,99 $59,99 $89,99 Unlimited Unlimited $59,99 $69,99 $99,99 Unlimited Two-year agreement required. All plans include unlimited Mobile-to-Mobile cal
Slide 51: USA. T-Mobile USA
USA. T-Mobile USA. Even More for Families Talk + Text Weekend/Nigh Whenever minutes Talk Text¹ + Web ² t Minutes Additional Add-ons Even More Even More Plus 750 $59,99 $79,99 $139,99 Unlimited Unlimited Web for Smartphones $30,00 $25,00 1500 $79,99 $99,99 $159,99 Unlimited (Only available for Talk p
Slide 52: USA. T-Mobile USA
USA. T-Mobile USA. Even More Overage Free webConnect Plan Pricing 1 Hotspot Access 5 GB data (for new T-Mobile customers) $49,99 Unlimited 5 GB data (for customers who have a line of service with T- $39,99 Unlimited Mobile already) No overage charges. Speeds slowed at 5GB. Same pricing for Even
Slide 53: Notes
Notes. Deutsche Telekom AG Page 53
Slide 54: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 55: Europe. Financials. Reported
Europe. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 5.065 5.124 5.035 19.607 4.774 4.030 -20,4% 9.448 8.804 -6,8% Net Revenue (€ million) 4.905 4.969 4.886 18.996 4.613 3.869 -21,1% 9.141 8.482 -7,2% 1 Adj. EBITDA (€ million) 1.686 1.844 1.
Slide 56: Europe. EBITDA Reconciliation. Special Factors
Europe. EBITDA Reconciliation. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 5.065 5.124 5.035 19.607 4.774 4.030 -20,4% 9.448 8.804 -6,8% Profit (loss) from operations = EBIT (€ million) 464 821 138 140 675 166 -64,2% -819 841 n.a. - Depreciation and am
Slide 57: Europe. Customer Summary
Europe. Customer Summary. '000 Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % Greece - Fixed Network Access Lines 4.407 4.349 4.228 4.228 4.095 3.970 -9,9% - Broadband Access Lines 1.035 1.066 1.113 1.113 1.140 1.139 10,0% - Mobile Customers 8.793 9.064 9.218 9.218 8.813 8.509 -3,2% Romania - Fixed Ne
Slide 58: Greece. Financials
Greece. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 1.058 1.087 1.099 3.899 997 963 -9,0% 1.713 1.960 14,4% - of which Fixed Network (€ million) 622 627 651 2.311 592 579 -6,9% 1.033 1.171 13,4% - of which Mobile Network (€ million) 506 532
Slide 59: Greece. Operational
Greece. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network - Fixed Network Access Lines ('000) 4.407 4.349 4.228 4.228 4.095 3.970 -9,9% 4.407 3.970 -9,9% - Broadband Access Lines Retail ('000) 969 1.006 1.060 1.060 1.093 1.095 13,0% 969 1.095 13,0% - IPTV (
Slide 60: Romania. Financials
Romania. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 295 296 309 1.104 291 293 -0,7% 499 584 17,0% - of which Fixed Network (€ million) 208 195 194 731 184 181 -13,0% 342 365 6,7% - of which Mobile Network (€ million) 96 109 122 404 114 118
Slide 61: Romania. Operational
Romania. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network - Fixed Network Access Lines ('000) 2.896 2.832 2.776 2.776 2.721 2.666 -7,9% 2.896 2.666 -7,9% - Broadband Access Lines Retail ('000) 725 750 776 776 808 840 15,9% 725 840 15,9% - IPTV ('000) 0 0 0
Slide 62: Hungary. Financials
Hungary. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 412 437 442 1.682 402 402 -2,4% 803 804 0,1% - of which Fixed Network (€ million) 187 196 195 762 182 175 -6,4% 371 357 -3,8% - of which Mobile Network (€ million) 235 253 254 960 230 236
Slide 63: Hungary. Operational
Hungary. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network - Fixed Network Access Lines ('000) 1.918 1.870 1.821 1.821 1.771 1.729 -9,9% 1.918 1.729 -9,9% - Broadband Access Lines Retail ('000) 596 608 628 628 648 655 9,9% 596 655 9,9% - IPTV ('000) 44 53 6
Slide 64: Poland. Financials. Operational
Poland. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 .o.y. % H1/09 H1/10 .o.y. % Total Revenue (€ million) 440 450 451 1.757 441 451 2,5% 856 892 4,2% 1 Service Revenue (mobile) (€ million) 419 430 430 1.683 417 434 3,6% 823 851 3,4% Adj. EBITDA (€ million) 170 175 161 616 169 176 3,5% 280 345 23
Slide 65: Czech Republic. Financials. Operational
Czech Republic. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 310 313 293 1.191 279 291 -6,1% 585 570 -2,6% Service Revenue (mobile) (€ million) 300 300 277 1.142 262 273 -9,0% 565 535 -5,3% Adj. EBITDA1 (€ million) 181 165 141 614 135 139 -2
Slide 66: Croatia. Financials
Croatia. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 292 315 276 1.161 267 289 -1,0% 570 556 -2,5% - of which Fixed Network (€ million) 169 178 170 687 162 170 0,6% 339 332 -2,1% - of which Mobile Network (€ million) 139 166 132 571 118 132
Slide 67: Croatia. Operational
Croatia. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network - Fixed Network Access Lines ('000) 1.513 1.497 1.484 1.484 1.462 1.446 -4,4% 1.513 1.446 -4,4% - Broadband Access Lines Retail ('000) 510 527 555 555 573 584 14,5% 510 584 14,5% - IPTV ('000) 171 1
Slide 68: Netherlands. Financials. Operational
Netherlands. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 465 452 446 1.807 442 448 -3,7% 909 890 -2,1% Service Revenue (mobile)1 (€ million) 370 368 370 1.458 367 383 3,5% 720 750 4,2% Adj. EBITDA2 (€ million) 103 128 135 430 102 139 35,0%
Slide 69: Slovakia. Financials
Slovakia. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 246 244 240 974 230 233 -5,3% 490 463 -5,5% - of which Fixed Network (€ million) 111 112 113 449 113 116 4,5% 224 229 2,2% - of which Mobile Network (€ million) 141 140 135 556 124 125 -
Slide 70: Slovakia. Operational
Slovakia. Operational. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Fixed Network - Fixed Network Access Lines ('000) 1.114 1.104 1.101 1.101 1.093 1.084 -2,7% 1.114 1.084 -2,7% - Broadband Access Lines Retail ('000) 337 345 362 362 378 387 14,8% 337 387 14,8% - IPTV ('000) 47 5
Slide 71: Austria. Financials. Operational
Austria. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 .o.y. % H1/09 H1/10 .o.y. % Total Revenue (€ million) 255 260 256 1.038 248 243 -4,7% 522 491 -5,9% Service Revenue (mobile) (€ million) 245 247 241 989 235 232 -5,3% 501 467 -6,8% Adj. EBITDA (€ million) 70 82 78 283 83 61 -12,9% 123 144 17,1
Slide 72: Bulgaria. Financials. Operational
Bulgaria. Financials. Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total Revenue (€ million) 104 119 119 423 104 105 1,0% 185 209 13,0% Service Revenue (mobile) (€ million) 99 97 96 354 93 95 -4,0% 161 188 16,8% Adj. EBITDA (€ million) 47 49 44 167 40 41 -12,8% 74 81 9,5% Adj. E
Slide 73: Notes
Notes. Deutsche Telekom AG Page 73
Slide 74: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 75: Systems Solutions. Financials (adjusted)
Systems Solutions. Financials (adjusted). € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 2.179 2.125 2.388 8.798 2.131 2.242 2,9% 4.285 4.373 2,1% of which: international 655 644 712 2.645 670 707 7,9% 1.289 1.377 6,8% Net revenue 1.502 1.467 1.618 6.083 1.
Slide 76: Systems Solutions. EBITDA reconciliation. Special factors
Systems Solutions. EBITDA reconciliation. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 2.179 2.125 2.388 8.798 2.131 2.242 2,9% 4.285 4.373 2,1% Profit (loss) from operations = EBIT (unadj.) 27 16 -65 -11 18 56 n.a. 38 74 94,7% - Depreciation, amortizatio
Slide 77: Systems Solutions. Computing Services. Desktop Services
Systems Solutions. Computing Services. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 707 723 807 2.925 750 777 9,8% 1.396 1.527 9,4% Adj. EBIT 19 15 18 67 20 14 -26,3% 34 34 0,0% Adj. EBIT margin 1,3% 0,6% -4,5% -0,9% 2,7% 1,8% 0,5p 0,4% 2,2% -1,8p Adj. EB
Slide 78: Systems Solutions. Systems Integration. Telecommunications
Systems Solutions. Systems Integration. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 428 398 483 1.741 426 437 2,2% 860 863 0,4% Adj. EBIT 18 21 12 51 11 29 61,1% 18 40 122,2% Adj. EBIT margin 2,8% 1,1% -4,4% -0,5% 2,6% 6,7% 3,9p 1,0% 4,7% 3,6p Adj. EBITD
Slide 79: Notes
Notes. Deutsche Telekom AG Page 79
Slide 80: Content
Content At a glance 4 Germany Europe Excellent market position 6 Financials 28 Czech Republic 65 EBITDA reconciliation 30 Croatia 66 Group Operational 31 Netherlands 68 Adjusted income statement 8 Additional information 32 Slovakia 69 EBITDA reconciliation 9 Austria 71 Unadjusted income statement 10
Slide 81: Group Headquarters & Shared Services. Financials
Group Headquarters & Shared Services. Financials (adjusted). € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % H1/09 H1/10 y.o.y. % Total revenue 612 593 587 2.410 565 583 -4,7% 1.230 1.148 -6,7% Net revenue 66 63 56 253 53 61 -7,6% 134 114 -14,9% Adj. EBITDA -142 -112 -11 -315 -172 -182 -28,2%
Slide 82: Group Headquarters & Shared Services. EBITDA Reconciliation
Group Headquarters & Shared Services. EBITDA Reconciliation. € million Q2/09 Q3/09 Q4/09 FY/09 Q1/10 Q2/10 y.o.y. % Total revenue 612 593 587 2.410 565 583 -4,7% Profit (loss) from operations = EBIT -344 -311 -285 -1.249 -365 -426 -23,8% - Depreciation and amortization -190 -199 -185 -833 -188 -181
Slide 83: Group Headquarters & Shared Services. Vivento
Group Headquarters & Shared Services. Vivento. End of period 1 30/06/09 30/09/09 30/12/09 31/03/10 30/06/10 Employees Vivento in total 8.700 9.400 9.600 9.700 9.700 2 1. Employmend external 3.700 4.000 4.200 4.200 4.200 2. Employmend internal 2.100 2.400 2.600 2.700 2.900 3. Others 3 2.900 3.000 2.8
Slide 84: Notes
Notes. Deutsche Telekom AG Page 84
Slide 85: 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