Tpg Telecom Limited · ASX:TPG
Tpg Telecom — SP Telemedia — H1 2009 Earnings Presentation
16 slides from Tpg Telecom's earnings presentation, Mar 24, 2009
Slide 1: SP Telemedia Limited FY 2009 Half Year Results
SP Telemedia Limited FY 2009 Half Year Results 24 March 2009 David Teoh Executive Chairman TPG OSOUL
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking and unaudited information. Such information is based on estimates and assumptions that while considered reasonable by the Company are subject to risks and uncertainties. Actual results and achievements could be significantly different fro
Slide 3: 1H09 Financial Highlights
1H09 Financial Highlights $m 1H09 1H08 Growth Revenue 241.8 202.7 19% EBITDA 44.4 12.2 264% NPAT 5.1 2.5 104%
Slide 4: Underlying EBITDA
Underlying EBITDA $m 27.5 Q1 Q2 Q3 Q4 Q1 Q2 08 08 08 08 09 09 25.0 18.9 20.7 21.0 22.8 23.9 26.2 22.5 26.2 20.0 23.9 22.8 >20% annual underlying growth 20.7 21.0 17.5 18.9 Adjusted for one-offs, including $5.7m unrealised foreign exchange loss in HY09 15.0 Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 FY08 in
Slide 5: Operating Cash Flow
Operating Cash Flow $m 1H09 1H08 Operating Cash Flow 64.0 8.9 Tax & Interest 17.4 14.8 Capex 14.4 8.2 Min. required loan/lease repayments 8.1 2.4 Free Cash Flow 24.1 (16.6)
Slide 6: Bank Debt
Bank Debt $m 22 April 2008 Merger 153.3 Repayments Q4-08 (14.0) 31 July 2008 139.3 Repayments Q1-09 (10.0) Repayments Q2-09 (11.0) 31 January 2009 118.3 $35m debt repaid in 9 months $25m ahead of repayment schedule $30-40m additional repayments targeted for 2H 09
Slide 7: A Balanced Business
A Balanced Business Internet Mobile SME Government Corporate Wholesale
Slide 8: Broadband Growth
Broadband Growth Subscribers Off Net On Net 250 203 200 168 150 132 129 100 50 0 Jul-08 Jan-09 On Net: 35,000 subscribers and 21% growth
Slide 9: Broadband
Broadband NO MORE LINE RENTAL MOBILE TPG @SOUL
Slide 10: Internet Performance Index
Internet Performance Index Rank ISP (Previous qtr rank) Epitiro measures the performance of the premium services of eight Australian ISPs from the same 1 Telstra (1) locations in three different cities (Sydney, 2 TPG (3) Melbourne and Brisbane) every 15 minutes 24x7, across a range of performance in
Slide 11: DSLAM Rollout
DSLAM Rollout 322 Exchanges NSW 137 Vic 86 Qld 63 SA 19 ACT 11 WA 6 ADSL2+ SHDSL EFM
Slide 12: Mobile
Mobile M OBI LE NO CONTRACT # 19" | °9902'39" pm pm CALLS, TEXT & DATA "1000 KC TPG @SOUL
Slide 13: Network Infrastructure
Network Infrastructure SOUL NETWORK ui me Cf 2.
Slide 14: FY09 Guidance
FY09 Guidance $m 1H09 FY09 Revenue 242 480 EBITDA 44 93 NPAT 5 16 Capex 14 29 On target to achieve guidance for FY09
Slide 15: Interim Dividend FY09
Interim Dividend FY09 1 cent per share dividend Payable 27 May 2009 Record date 24 April 2009 DRP discount 2.5%
Slide 16: Questions?
Questions? APG @SOUL