Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q4 2009 Earnings Presentation
91 slides from Deutsche Telekom's earnings presentation, February 2010
Slide 1: Backup Q4 2009. Deutsche Telekom
Backup Q4 2009. 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 SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 4: DT Group. At a Glance I
DT Group. At a Glance I. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 % Total revenue 16.109 15.902 16.238 16.262 16.237 0,8% 61.666 64.639 4,8% Germany 6.608 6.331 6.220 6.471 6.438 -2,6% 26.400 25.460 -3,6% USA 4.341 4.137 3.918 3.758 3.658 -15,7% 14.957 15.471 3,4% Europe 2.795 2.
Slide 5: DT Group. At a Glance II
DT Group. At a Glance II. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 % EBITDA margin excluding special factors Germany 34,3% 37,3% 38,3% 39,0% 36,3% 2,0%p 37,0% 37,7% 0,7%p USA 27,8% 25,6% 30,0% 29,0% 25,6% -2,2%p 28,3% 27,5% -0,8%p Europe 25,3% 19,2% 26,5% 29,2% 26,8% 1,4%p 25,9%
Slide 6: DT Group. Excellent market position
DT Group. Excellent market position Delta q.o.q. Delta y.o.y. million 1 Q4/09 Q1/09 Q2/09 Q3/09 Q4/09 abs. % abs. % 13,5 14,0 14,4 14,5 15,2 0,7 4,8% 1,7 12,6% 1 Figures rounded to the nearest Broadband retail lines (end of period) million. The total is calculated on the Germany 10,6 11,0 11,2 11,3
Slide 7: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 8: DT consolidated income statement. Adjusted for special factors
DT consolidated income statement. Adjusted for special factors. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Net revenue 16.109 15.902 16.238 16.262 16.237 0,8% 61.666 64.639 4,8% Cost of sales -9.127 -8.998 -8.593 -9.113 -9.119 0,1% -33.655 -35.823 6,4% Gross profit 6.982 6
Slide 9: DT Group. EBITDA reconciliation
DT Group. EBITDA reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 FY/08 FY/09 Net revenue 16.109 15.902 16.238 16.262 16.200 61.666 64.602 Net profit (loss) -730 -1.124 521 959 -3 1.483 353 + Profit (loss) attributable to minority interests 66 200 75 186 59 541 520 = Profit (loss) after incom
Slide 10: DT consolidated income statement. Unadjusted
DT consolidated income statement. Unadjusted. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Net revenue 16.109 15.902 16.238 16.262 16.200 0,6% 61.666 64.602 4,8% Cost of sales -9.680 -8.906 -8.746 -9.224 -9.383 3,1% -34.592 -36.259 -4,8% Gross profit 6.429 6.996 7.492 7.038
Slide 11: Special factors in the consolidated income statement
DT Group. Special factors in the consolidated income statement € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 FY/08 FY/09 Net revenue 0 0 0 0 -37 0 -37 Cost of sales -553 92 -153 -111 -264 -937 -436 Gross profit -553 92 -153 -111 -301 -937 -473 Selling expenses -363 28 -31 -5 -75 -485 -83 General and admin
Slide 12: Details on special factors I
DT Group. Details on special factors I. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 Effect on operating expenses -1.413 -1.696 -252 -160 -1.087 of which: expenses / income for early retirement (civil servants) -161 -4 21 -3 -153 of which: expenses for severance payments -552 161 -183 -65 -236 of which:
Slide 13: Details on special factors II
DT Group. Details on special factors II. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 Effect on profit (loss) from financial activities -554 1 -25 -112 -32 -63 Effect on profit (loss) before income taxes -1.949 -1.698 -358 -177 -1.145 Effect on taxes 341 31 49 59 181 Tax effect of special factors within
Slide 14: Change in the composition of the Group in the fourth quarter
DT Group. Change in the composition of the Group in the fourth quarter. reported MINUS PLUS Total % Pro numbers Acquisition effects 1 Deconsolidation effects 2 effect Forma Pro Q4/09 forma reported € million Q4/08 Q4/09 Total USA 3 SyS 4 SEE 5 Total Ger. 6 SyS 7 GHS 8 Q4/09 Q4/08 Net revenue 16.109
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 numbers Acquisition effects 1 Deconsolidation effects 2 effect Forma Pro FY/09 forma reported € million FY/08 FY/09 Total USA 3 SyS 4 SEE 5 Total Ger. 6 SyS 7 GHS 8 FY/09 FY/08 Net revenue 61.666 64
Slide 16: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets.1 € billion Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % Current assets 15,4 18,7 20,1 24,4 23,0 49,1% Cash and cash equivalents 3,0 4,1 5,8 6,1 5,0 66,0% Trade and other receivables 7,4 8,1 8,2 6,8 6,8 -8,6% Current recoverable income taxes 0,3 0,2 0,1 0,1 0,1 -47,3% Ot
Slide 17: Consolidated balance sheet. Shareholders' equity and liabilities
Consolidated balance sheet. 1 Shareholders' equity and liabilities. € billion Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % Liabilities 80,0 88,6 91,4 87,7 85,8 7,3% Current liabilities 24,2 25,3 28,8 26,4 24,8 2,3% Financial liabilities 9,6 9,8 14,0 11,4 9,4 -2,0% Trade and other payables 7,1 7,2 7,0 6,1
Slide 18: Maturity profile - well balanced redemptions
Maturity profile - well balanced redemptions. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as of December 31, 2009. Bonds, MTNs and Schuldscheindarlehen as per 31/12/09 (€ billion)* € billion - Total € 4.4 bn bond maturities in 2010 - Sufficient unused bilateral credit lines 6.
Slide 19: Liquidity reserves as of December 31, 2009
DT Group. Liquidity reserves as of December 31, 2009 - Strong cushion. Liquidity reserves - 24 bilateral credit facilities of €600 million each adding up to €14.4 billion. € billion - Loan terms insure quality of our liquidity reserve - No financial covenants, - No MAC Clause, 21.1 - No rating trigg
Slide 20: Debt to net debt reconciliation
DT Group. Debt to net debt reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 q.o.q. % y.o.y. % Bonds 34.302 39.659 43.157 40.572 38.508 -5,1% 12,3% Other financial liabilities 9.145 9.478 9.627 9.901 9.609 -2,9% 5,1% Gross debt 43.447 49.137 52.784 50.473 48.117 -4,7% 10,7% Cash and cash equiv
Slide 21: DT Group. Cash capex
DT Group. Cash capex.1 € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Germany 1.195 800 684 771 903 -24,4% 3.038 3.158 3,9% USA 743 865 785 552 464 -37,6% 2.540 2.666 5,0% Europe 438 368 142 149 220 -49,8% 1.152 879 -23,7% SEE 288 380 383 413 434 50,7% 865 1.610 86,1% Systems
Slide 22: DT Group. Free cash flow
DT Group. Free cash flow. millions of € Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Net profit (loss) -730 -1.124 521 959 -3 99,6% 1.483 353 -76,2% Profit (loss) attributable to minority interests 66 200 75 186 59 -10,6% 541 520 -3,9% Profit (loss) after income taxes -664 -924 596 1.
Slide 23: DT Group. Personnel
DT Group. Personnel.1 End of period 31/12/08 31/03/09 30/06/09 30/09/09 31/12/09 Delta q.o.q. Delta y.o.y. abs. % abs. % Germany 85.637 86.179 84.821 84.033 81.336 -2.697 -3,2 -4.301 -5,0 USA 38.031 37.882 38.330 37.995 40.697 2.702 7,1 2.666 7,0 SEE 20.885 54.622 54.198 53.424 53.532 108 0,2 32.647
Slide 24: Exchange rates. Average. End of period
Exchange rates. Average. € Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 FY/08 FY/09 1 U.S dollar (USD) 0,75903 0,76691 0,73372 0,69909 0,67630 0,67976 0,71692 1 British pound (GBP) 1,19347 1,09974 1,13783 1,14701 1,10494 1,25601 1,12218 100 Czech korunas (CZK) 3,94790 3,61991 3,74706 3,90538 3,85810 4,00894 3,7812
Slide 25: Notes
Notes. Deutsche Telekom AG Page 25
Slide 26: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 27: Germany. Financials
Germany. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % FY/08 FY/09 % Total revenue1 6.608 6.331 6.220 6.471 6.438 -2,6% 26.400 25.460 -3,6% of which Fixed Network 1 4.987 4.724 4.628 4.711 4.710 -5,6% 19.782 18.773 -5,1% of which Mobile 2.007 1.952 1.947 2.109 2.101 4,7% 8.069 8.109 0,5% Net
Slide 28: Germany. Financials (unadjusted)
Germany. Financials (unadjusted). € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % FY/08 FY/09 % Total revenue 6.608 6.331 6.220 6.471 6.401 -3,1% 26.400 25.423 -3,7% of which Fixed Network 4.987 4.724 4.628 4.711 4.673 -6,3% 19.782 18.736 -5,3% of which Mobile 2.007 1.952 1.947 2.109 2.101 4,7% 8.069 8.10
Slide 29: Germany. EBITDA Reconciliation
Germany. EBITDA Reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 6.608 6.331 6.220 6.471 6.401 -3,1% 26.400 25.423 -3,7% Profit (loss) from operations = EBIT 584 1.325 1.274 1.409 1.054 80,5% 4.624 5.062 9,5% Depreciation, amortization - -1.059 -1.0
Slide 30: Germany. Operational
Germany. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % 1 Access lines in operation Fixed Network (end of period) excluding lines for internal use fixed network access lines 1 ('000) 28.301 27.699 27.226 26.653 26.236 -7,3% 28.301 26.236 -7,3% and public telecommunications;
Slide 31: Germany. Revenue Split Fixed Network
Germany. Revenue Split Fixed Network. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network 4.987 4.724 4.628 4.711 4.673 -6,3% 19.782 18.736 -5,3% of which network communications 1.581 1.512 1.440 1.415 1.367 -13,5% 6.736 5.733 -14,9% of which IP/Internet 1.455 1.445 1
Slide 32: Germany. T-Home - Single Play
Germany. 1,2,3 T-Home - 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 € 19.95 € 27.95 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 international fr
Slide 33: Germany. T-Home - Entertain Pur
Germany. T-Home - 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 plus5, standard usage, video on demand, IPTV voice usage, video on demand, basic package IPTV basic package from € 27.95 from € 39.95 Off peak 2.9 0 City P
Slide 34: Germany. T-Home - Double Play
Germany. T-Home - Double Play. 1,2,3 Call & Surf Basic 4 (4.1) Call & Surf Comfort4 Call & Surf Comfort VDSL4 Call & Surf Comfort Plus4 Bandwidth DSL 16 Mbit/s, flat rate Bandwidth DSL Bandwidth VDSL Bandwidth DSL Internet usage and flat 6 Mbit/s, flat rate 25 Mbit/s5, flat rate 2 Mbit/s, flat rate
Slide 35: Germany. T-Home - Entertain
Germany. T-Home - Entertain. 1,2,3 Entertain Comfort4 Entertain Comfort Plus4 Entertain Premium4 Bandwidth DSL Bandwidth DSL Bandwidth DSL 5 16 Mbit/s plus , flat rate 16 Mbit/s plus , flat rate internet 16 Mbit/s plus 5, flat rate Internet 5 internet usage and flat rate voice usage and flat rate vo
Slide 36: Germany. T-Mobile - Max Flat Plans. Relax Plans
Germany. T-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 use minimum Rates per minute national: optional -mobile to national fixed net 0.29 fre
Slide 37: Germany. T-Mobile - Combi Flat Plans
Germany. T-Mobile - Combi Flat 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
Slide 38: Germany. T-Mobile - Combi Flat Plans
Germany. T-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 fr
Slide 39: Germany. T-Mobile: Mobile Data Plans
Germany. T-Mobile: Mobile Data Plans (mobile phone). Web'n'walk plans1 in € web'n'walk Starter 2 web'n'walk Time 300 web'n'walk Handy Flat Relax Relax Relax In combination with: (excl. Relax XL), Basix, (excl. Relax XL), Basix, (excl. Relax XL), Basix, Max, CombiCard Relax Max, CombiCard Relax Max,
Slide 40: Germany. Fixed network - IPTV packages
Germany. Fixed network - IPTV packages. T-Home T-Home T-Home T-Home T-Home Entertain T-Home Entertain Entertain Entertain Premium Comfort Plus Premium Comfort Comfort VDSL Comfort Plus VDSL VDSL FY/08 Internet Included up to 25 MBit/s up to 25 MBit/s up to 25 MBit/s Access bandwidth up to 16 MBit/s
Slide 41: Fixed Network. Overview domestic 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 42: Notes
Notes. Deutsche Telekom AG Page 42
Slide 43: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 44: USA. Financials. Reported
USA. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 4.341 4.137 3.918 3.758 3.658 -15,7% 14.957 15.471 3,4% Net revenue 4.336 4.133 3.914 3.755 3.655 -15,7% 14.942 15.457 3,4% Service Revenue 3.629 3.570 3.415 3.233 3.119 -14,1% 12.813 13.337 4,1% Adj
Slide 45: USA. EBITDA Reconciliation. Special factors
USA. EBITDA Reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 4.341 4.137 3.918 3.758 3.658 -15,7% 14.957 15.471 3,4% Profit (loss) from operations = EBIT 643 530 654 595 454 -29,4% 2.299 2.233 -2,9% - Depreciation and amortization -547 -531 -522 -49
Slide 46: USA. Operational
USA. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) 1 ('000) 32.758 33.173 33.497 33.420 33.790 3,2% 32.758 33.790 3,2% - Contract ('000) 26.806 26.966 27.022 26.882 26.765 -0,2% 26.806 26.765 -0,2% - Prepay ('000) 5.952 6.207 6.475 6.538 7.026 18,
Slide 47: USA. Operational in US-$
USA. Operational in US-$. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) 1 32.758 33.173 33.497 33.420 33.790 3,2% 32.758 33.790 3,2% - Contract 26.806 26.966 27.022 26.882 26.765 -0,2% 26.806 26.765 -0,2% - Prepay 5.952 6.207 6.475 6.538 7.026 18,0% 5.952 7.02
Slide 48: USA. T-Mobile US
USA. T-Mobile US. Even More Talk + Text Weekend/Night Whenever minutes Talk Talk + Text + Web 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 years agreement required. All plans include unlimited Mobile-to-Mobile calling
Slide 49: Notes
Notes. Deutsche Telekom AG Page 49
Slide 50: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 51: Europe. Financials. Reported
Europe. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 2.795 2.436 2.573 2.552 2.473 -11,5% 11.354 10.034 -11,6% Net revenue 2.656 2.307 2.433 2.405 2.341 -11,9% 10.798 9.486 -12,2% Service Revenue 2.368 2.057 2.160 2.131 2.065 -12,8% 9.742 8.413 -13,
Slide 52: Europe. EBITDA Reconciliation. Special factors
Europe. EBITDA Reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 2.795 2.436 2.573 2.552 2.473 -11,5% 11.354 10.034 -11,6% 1 Profit (loss) from operations = EBIT 10 -1.786 226 349 306 n.m. 496 -905 n.a. - Depreciation and amortization -639 -2.247 -44
Slide 53: Europe. Customer Summary
Europe. Customer Summary. '000 Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % United Kingdom 1 16.786 16.675 16.588 16.608 17.178 2,3% Austria 3.402 3.418 3.402 3.387 3.446 1,3% Czech Republic 5.422 5.411 5.433 5.458 5.464 0,8% Netherlands 2 5.309 5.235 5.423 5.474 4.592 -13,5% PTC 13.273 13.287 13.409 13.4
Slide 54: Europe. T-Mobile UK
Europe. T-Mobile UK. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period)1 ('000) 16.786 16.675 16.588 16.608 17.178 2,3% 16.786 17.178 2,3% - Contract ('000) 4.056 4.109 4.109 4.070 4.071 0,4% 4.056 4.071 0,4% - Prepay1 ('000) 12.730 12.566 12.479 12.538 13.108 3,0%
Slide 55: Europe. T-Mobile UK in GBP
Europe. T-Mobile UK in GBP. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period)1 ('000) 16.786 16.675 16.588 16.608 17.178 2,3% 16.786 17.178 2,3% - Contract ('000) 4.056 4.109 4.109 4.070 4.071 0,4% 4.056 4.071 0,4% - Prepay1 ('000) 12.730 12.566 12.479 12.538 13.1
Slide 56: Europe. T-Mobile Netherlands
Europe. T-Mobile Netherlands. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) 1 ('000) 5.309 5.235 5.423 5.474 4.592 -13,5% 5.309 4.592 -13,5% - Contract ('000) 2.259 2.313 2.359 2.384 2.406 6,5% 2.259 2.406 6,5% - Prepay 1 ('000) 3.049 2.922 3.064 3.090 2.186 -
Slide 57: Europe. PTC (Poland)
Europe. PTC (Poland). Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) ('000) 13.273 13.287 13.409 13.482 13.500 1,7% 13.273 13.500 1,7% - Contract 1 ('000) 6.327 6.363 6.477 6.577 6.656 5,2% 6.327 6.656 5,2% - Prepay 1 ('000) 6.946 6.924 6.932 6.906 6.844 -1,5%
Slide 58: Europe. PTC (Poland) in PLN
Europe. PTC (Poland) in PLN. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) ('000) 13.273 13.287 13.409 13.482 13.500 1,7% 13.273 13.500 1,7% - Contract 1 ('000) 6.327 6.363 6.477 6.577 6.656 5,2% 6.327 6.656 5,2% - Prepay 1 ('000) 6.946 6.924 6.932 6.906 6.844
Slide 59: Europe. T-Mobile Czech Republic
Europe. T-Mobile Czech Republic. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) ('000) 5.422 5.411 5.433 5.458 5.464 0,8% 5.422 5.464 0,8% - Contract ('000) 2.499 2.544 2.599 2.630 2.660 6,4% 2.499 2.660 6,4% - Prepay ('000) 2.922 2.867 2.834 2.828 2.804 -4,0%
Slide 60: Europe. T-Mobile Czech Republic in CZK
Europe. T-Mobile Czech Republic in CZK. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) ('000) 5.422 5.411 5.433 5.458 5.464 0,8% 5.422 5.464 0,8% - Contract ('000) 2.499 2.544 2.599 2.630 2.660 6,4% 2.499 2.660 6,4% - Prepay ('000) 2.922 2.867 2.834 2.828 2.804
Slide 61: Europe. T-Mobile Austria
Europe. T-Mobile Austria. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Customers (end of period) ('000) 3.402 3.418 3.402 3.387 3.446 1,3% 3.402 3.446 1,3% - Contract ('000) 2.270 2.305 2.297 2.273 2.326 2,5% 2.270 2.326 2,5% - Prepay ('000) 1.132 1.113 1.105 1.114 1.119 -1,1% 1.132 1
Slide 62: Notes
Notes. Deutsche Telekom AG Page 62
Slide 63: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 64: Southern and Eastern Europe. Financials
Southern and Eastern Europe. Financials (adjusted). € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 1.146 1.964 2.516 2.616 2.589 n.a. 4.645 9.685 n.a. Net revenue 1.115 1.929 2.472 2.564 2.545 n.a. 4.497 9.510 n.a. Adj. EBITDA 411 799 1.002 1.089 936 n.a. 2.014 3
Slide 65: Southern and Eastern Europe. EBITDA Reconciliation
Southern and Eastern Europe. EBITDA Reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 1.146 1.964 2.516 2.616 2.589 n.a. 4.645 9.685 n.a. EBIT (profit from operations) -5 504 237 462 -166 n.a. 915 1.037 13,3% Depreciation, amortization - and impairme
Slide 66: Greece. Financials
Greece. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue --- 655 1.058 1.087 1.099 --- --- 3.899 --- of which fixed network --- 411 622 627 651 --- --- 2.311 --- of which mobile --- 286 506 532 522 --- --- 1.846 --- Adjusted EBITDA --- 239 383 413 412 -
Slide 67: Greece. Operational
Greece. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network fixed network access lines ('000) 4.579 4.490 4.407 4.349 4.228 -7,7% 4.579 4.228 -7,7% broadband access lines retail ('000) 864 938 969 1.006 1.060 22,7% 864 1.060 22,7% IPTV a ('000) 0 2 4 10 16 n.a. 0 1
Slide 68: Hungary. Financials
Hungary. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 482 391 412 437 442 -8,3% 2.006 1.682 -16,2% of which fixed network 214 184 187 196 195 -8,9% 923 762 -17,4% of which mobile 272 218 235 253 254 -6,6% 1.117 960 -14,1% Adjusted EBITDA 172 164 169
Slide 69: Hungary. Operational
Hungary. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network fixed network access lines ('000) 2.011 1.966 1.918 1.870 1.821 -9,4% 2.011 1.821 -9,4% broadband access lines retail ('000) 565 585 596 608 628 11,2% 565 628 11,2% IPTV a ('000) 28 38 44 53 68 n.a. 28 68
Slide 70: Slovakia. Financials
Slovakia. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 258 244 246 244 240 -7,0% 994 974 -2,0% of which fixed network 118 113 111 112 113 -4,2% 460 449 -2,4% of which mobile 149 140 141 140 135 -9,4% 571 556 -2,6% Adjusted EBITDA 84 112 120 118 89 6
Slide 71: Slovakia. Operational
Slovakia. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network fixed network access lines ('000) 1.126 1.123 1.114 1.104 1.101 -2,2% 1.126 1.101 -2,2% broadband access lines retail ('000) 314 330 337 345 362 15,3% 314 362 15,3% IPTV a ('000) 36 42 47 53 62 72,2% 36
Slide 72: Croatia. Financials
Croatia. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 302 278 292 315 276 -8,6% 1.223 1.161 -5,1% of which fixed network 181 170 169 178 170 -6,1% 720 687 -4,6% of which mobile 149 134 139 166 132 -11,4% 616 571 -7,3% Adjusted EBITDA 114 128 133 153
Slide 73: Croatia. Operational
Croatia. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network fixed network access lines ('000) 1.550 1.531 1.513 1.497 1.484 -4,3% 1.550 1.484 -4,3% broadband access lines retail ('000) 473 493 510 527 555 17,3% 473 555 17,3% IPTV a ('000) 136 151 171 189 236 73,5%
Slide 74: Romania. Financials
Romania. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue --- 204 295 296 309 --- --- 1.104 --- of which fixed network --- 134 208 195 194 --- --- 731 --- of which mobile --- 77 96 109 122 --- --- 404 --- Adjusted EBITDA --- 67 72 88 66 --- --- 293 ---
Slide 75: Romania. Operational
Romania. Operational. Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Fixed Network fixed network access lines ('000) 3.005 2.971 2.896 2.832 2.776 -7,6% 3.005 2.776 -7,6% broadband access lines retail ('000) 651 701 725 750 776 19,2% 651 776 19,2% IPTV a ('000) 0 0 0 0 0 n.a. 0 0 n.a. W
Slide 76: Bulgaria. Financials. Operational
Bulgaria. Financials. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue --- 81 104 119 119 --- --- 423 --- Adjusted EBITDA --- 27 47 49 44 --- --- 167 --- Adjusted EBITDA margin --- 33,3% 45,2% 41,2% 37,0% --- --- 39,5% --- Cash Capex --- 15 23 16 18 --- --- 72 ---
Slide 77: Synergies OTE Q4/2009
Synergies OTE Q4/2009. Procurement & Terminals main drivers for achieved Run Rate. Deutsche Telekom AG Page 77
Slide 78: Notes
Notes. Deutsche Telekom AG Page 78
Slide 79: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 80: Systems Solutions. Financials (adjusted)
Systems Solutions. Financials (adjusted). Financial (millions of €) Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % y.o.y. FY/08 FY/09 % y.o.y. Total revenue 2.599 2.106 2.179 2.125 2.388 -8,1% 9.343 8.798 -5,8% of which: international 790 634 655 644 712 -9,9% 2.709 2.645 -2,4% Net revenue 1.773 1.496 1.502 1.467
Slide 81: Systems Solutions. EBITDA reconciliation
Systems Solutions. EBITDA reconciliation. Financial (millions of €) Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % y.o.y. FY/08 FY/09 % y.o.y. Total revenue 2.599 2.106 2.179 2.125 2.388 -8,1% 9.343 8.798 -5,8% Profit (loss) from operations = EBIT (unadj.) -326 11 27 16 -65 80,1% 81 -11 -113,6% Depreciation, amort
Slide 82: Systems Solutions. Computing & Desktop Services
Systems Solutions. Computing & Desktop Services. Financial (millions of €) Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % y.o.y. FY/08 FY/09 % y.o.y. Total revenue 1.132 900 933 952 1.050 -7,2% 3.877 3.835 -1,1% Adj. EBITDA 130 161 157 146 156 20,0% 537 620 15,5% Adj. EBITDA margin 11,5% 17,9% 16,8% 15,3% 14,9% --
Slide 83: Systems Solutions. Systems Integration
Systems Solutions. Systems Integration. Financial (millions of €) Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % y.o.y. FY/08 FY/09 % y.o.y. Total revenue 456 400 404 370 421 -7,7% 1.741 1.595 -8,4% Adj. EBITDA 39 30 39 19 65 66,7% 91 153 68,1% Adj. EBITDA margin 8,6% 7,5% 9,7% 5,1% 15,4% -- 5,2% 9,6% -- Capex 1 7
Slide 84: Systems Solutions. Telecommunications
Systems Solutions. Telecommunications. Financial (millions of €) Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 % y.o.y. FY/08 FY/09 % y.o.y. Total revenue 1.011 806 842 803 917 -9,3% 3.725 3.368 -9,6% Adj. EBITDA 62 20 35 66 29 -53,2% 198 150 -24,2% Adj. EBITDA margin 6,1% 2,5% 4,2% 8,2% 3,2% -- 5,3% 4,5% -- Capex
Slide 85: Notes
Notes. Deutsche Telekom AG Page 85
Slide 86: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 64 EBITDA reconciliation 29 EBITDA reconciliation 65 Group Operational 30 Greece 66 Adjusted income statement 8 Additional information 31 Hungary 68 EBITDA reconciliation 9 Slovakia 70 Unadjusted income statement
Slide 87: Group Headquarters & Shared Services. Financials
Group Headquarters & Shared Services. Financials (adjusted). € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 602 618 612 593 587 -2,5% 2.781 2.410 -13,3% Net revenue 58 68 66 63 56 -3,4% 307 253 -17,6% Adj. EBITDA -141 -50 -142 -112 -11 92,2% -181 -315 -74,0% of w
Slide 88: Group Headquarters & Shared Services. EBITDA Reconciliation
Group Headquarters & Shared Services. EBITDA Reconciliation. € million Q4/08 Q1/09 Q2/09 Q3/09 Q4/09 y.o.y. % FY/08 FY/09 y.o.y. % Total revenue 602 618 612 593 587 -2,5% 2.781 2.410 -13,3% Profit (loss) from operations = EBIT -366 -309 -344 -311 -285 22,1% -1.266 -1.249 1,3% - Depreciation and amor
Slide 89: Group Headquarters & Shared Services. Vivento
Group Headquarters & Shared Services. Vivento. End of period 1 31/12/08 31/03/09 30/06/09 30/09/09 31/12/09 Employees Vivento in total 8.200 8.400 8.700 9.400 9.600 1. Employmend external 2 3.300 3.400 3.700 4.000 4.200 2. Employmend internal 2.300 2.100 2.100 2.400 2.600 3. Others 3 2.600 2.900 2.9
Slide 90: Notes
Notes. Deutsche Telekom AG Page 90
Slide 91: 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