Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q3 2009 Earnings Presentation
92 slides from Deutsche Telekom's earnings presentation, November 2009
Slide 1: Backup Q3 2009
Backup Q3 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 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 4: DT Group. At a Glance I
DT Group. At a Glance I. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % Total revenue 15.454 16.109 61.666,0 15.902 16.238 16.262 5,2% 45.557 48.402 6,2% Germany 6.601 6.608 26.400 6.331 6.220 6.471 -2,0% 19.792 19.022 -3,9% USA 3.657 4.341 14.957 4.137 3.918 3.758 2
Slide 5: DT Group. At a Glance II
DT Group. At a Glance II. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % EBITDA margin excluding special factors Germany 39,5% 34,3% 37,0% 37,3% 38,3% 39,0% -0,5%p 37,9% 38,2% 0,3%p USA 28,4% 27,8% 28,3% 25,6% 30,0% 29,0% 0,6%p 28,6% 28,2% -0,4%p Europe 26,0% 25,3% 2
Slide 6: DT Group. Excellent market position
DT Group. Excellent market position. Delta q.o.q. Delta y.o.y. million 1 Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 abs. % abs. % 2,3 1 Figures rounded to the Broadband retail lines (end of period) 12,9 13,5 14,0 14,4 14,5 0,2 1,2% 1,7 13,1% nearest million. The total is Germany 10,2 10,6 11,0 11,2 11,3 0,1 0,6%
Slide 7: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 8: DT consolidated income statement. Adjusted for special factors
DT consolidated income statement. Adjusted for special factors. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % Net revenue 15.454 16.109 61.666 15.902 16.238 16.262 5,2% 45.557 48.402 6,2% Cost of sales -8.117 -9.127 -33.655 -8.998 -8.593 -9.113 -12,3% -24.528 -26.70
Slide 9: DT Group. EBITDA reconciliation
DT Group. EBITDA reconciliation. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 Q1-3/08 Q1-3/09 Net revenue 15.454 16.109 61.666 15.902 16.238 16.262 45.557 48.402 Net profit (loss) 895 -730 1.483 -1.124 521 959 2.213 356 + Profit (loss) attributable to minority interests 186 66 541 200 75 186 475 46
Slide 10: DT consolidated income statement. Unadjusted
DT consolidated income statement. Unadjusted. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % Net revenue 15.454 16.109 61.666 15.902 16.238 16.262 5,2% 45.557 48.402 6,2% Cost of sales -8.248 -9.680 -34.592 -8.906 -8.746 -9.224 -11,8% -24.912 -26.876 -7,9% Gross prof
Slide 11: Special factors in the consolidated income statement
DT Group. Special factors in the consolidated income statement. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 Q1-3/08 Q1-3/09 Net revenue 0 0 0 0 0 0 0 0 Cost of sales -131 -553 -937 92 -153 -111 -384 -172 Gross profit -131 -553 -937 92 -153 -111 -384 -172 Selling expenses -13 -363 -485 28 -31 -5 -1
Slide 12: Details on special factors I
DT Group. Details on special factors I. € million Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 Effect on operating expenses -368 -1.413 -1.696 -252 -160 of which: expenses / income for early retirement (civil servants) 0 -161 -4 21 -3 of which: expenses for severance payments -97 -552 161 -183 -65 of which: expens
Slide 13: Details on special factors II
DT Group. Details on special factors II. € million Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 Effect on profit (loss) from financial activities -34 -554 1 -25 -112 -32 Effect on profit (loss) before income taxes -394 -1.949 -1.698 -358 -177 Effect on taxes 98 341 31 49 59 Tax effect of special factors within EBI
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 1 2 numbers Acquisition effects Deconsolidation effects effect Forma Pro Q3/09 forma reported € million Q3/08 Q3/09 Total USA 3 SyS 4 SEE 5 Total Ger. 6 SyS 7 GHS 8 Q3/2009 Q3/08 Net revenue 15.454
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 1 2 numbers Acquisition effects Deconsolidation effects effect Forma Pro Q1-3/09 forma reported € million Q1-3/08 Q1-3/09 Total USA 3 SyS 4 SEE 5 Total Ger. 6 SyS 7 GHS 8 Q1-3/09 Q1-3/08 Net revenue
Slide 16: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets.1 € billion Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 y.o.y. % Current assets 16,2 15,4 18,7 20,1 24,4 58,0% Cash and cash equivalents 3,1 3,0 4,1 5,8 6,1 n.a. Trade and other receivables 7,4 7,4 8,1 8,2 6,8 -7,4% Current recoverable income taxes 0,1 0,3 0,2 0,1 0,1 -49,8% Oth
Slide 17: Consolidated balance sheet. Equity and liabilities
Consolidated balance sheet. Shareholders' equity and liabilities. 1 € billion Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 y.o.y. % Liabilities 78,6 80,0 88,6 91,4 87,7 11,7% Current liabilities 22,1 24,2 25,3 28,8 26,4 19,5% Financial liabilities 8,8 9,6 9,8 14,0 11,4 30,5% Trade and other payables 6,0 7,1 7,2 7,
Slide 18: Maturity profile - well balanced redemptions
Maturity profile - well balanced redemptions. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as of September 30, 2009. Bonds, MTNs and Schuldscheindarlehen as per 30/09/09 (€ billion) € billion - Total € 5.1 bn. bond maturities in 2009 (incl. OTE) - Sufficient unused bilateral cr
Slide 19: Liquidity reserves as of September 30, 2009
DT Group. Liquidity reserves as of September 30, 2009 - Strong cushion. Liquidity reserves - 28 bilateral credit facilities of €600 million each adding up to €16.8 billion. € billion - Loan terms insure quality of our liquidity reserve - No financial covenants - No MAC Clause 24.0 - No rating trigge
Slide 20: Debt to net debt reconciliation
DT Group. Debt to net debt reconciliation. € million Q3/08 Q4/08 Q1/09 Q2/09 Q3/09 q.o.q. % y.o.y. % Bonds 35.691 34.302 39.659 43.157 40.572 -6,0% 13,7% Other financial liabilities 8.733 9.145 9.478 9.627 9.901 2,8% 13,4% Gross debt 44.424 43.447 49.137 52.784 50.473 -4,4% 13,6% Cash and cash equiv
Slide 21: DT Group. Cash capex
DT Group. 1 Cash capex. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % Germany 684 1.195 3.038 800 684 771 12,7% 1.843 2.255 22,4% USA 656 743 2.540 865 785 552 -15,9% 1.797 2.202 22,5% Europe 242 438 1.152 368 142 149 -38,4% 714 659 -7,7% SEE 176 288 865 380 383 413
Slide 22: DT Group. Free cash flow
DT Group. Free cash flow. millions of € Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Net profit (loss) 895 -730 1.483 -1.124 521 959 7,2% 2.213 356 -83,9% Profit (loss) attributable to minority interests 186 66 541 200 75 186 0,0% 475 461 -2,9% Profit (loss) after income tax
Slide 23: DT Group. Personnel
DT Group. Personnel. 1 End of period 30/09/08 31/12/08 31/03/09 30/06/09 30/09/09 Delta q.o.q. Delta y.o.y. abs. % abs. % Germany 88.822 85.637 86.179 84.821 84.033 -788 -0,9% -4.789 -5,4% USA 36.742 38.031 37.882 38.330 37.995 -335 -0,9% 1.253 3,4% SEE 21.059 20.885 54.622 54.198 53.424 -774 -1,4%
Slide 24: Exchange rates
Exchange rates. Average. € Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 1 U.S dollar (USD) 0,66437 0,75903 0,67976 0,76691 0,73372 0,69909 1 British pound (GBP) 1,25765 1,19347 1,25601 1,09974 1,13783 1,14701 100 Czech korunas (CZK) 4,15002 3,94790 4,00894 3,61991 3,74706 3,90538 100 Croatian kunas (HRK) 13,
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 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 27: Germany. Financials
Germany. Financials. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % Total revenue 6.601 6.608 26.400 6.331 6.220 6.471 -2,0% 19.792 19.022 -3,9% of which Fixed Network 4.884 4.987 19.782 4.724 4.628 4.711 -3,5% 14.795 14.063 -4,9% of which Mobile 2.079 2.007 8.069 1.
Slide 28: Germany. Financials (unadjusted)
Germany. Financials (unadjusted). € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % EBITDA1 2.547 1.643 8.804 2.341 2.359 2.446 -4,0% 7.161 7.146 -0,2% of which Fixed Network 1.584 878 5.444 1.587 1.558 1.527 -3,6% 4.566 4.672 2,3% of which Mobile 964 766 3.360 761 800
Slide 29: Germany. EBITDA Reconciliation
Germany. EBITDA Reconciliation. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/09 Q1-3/09 y.o.y. % Total revenue 6.601 6.608 26.400 6.331 6.220 6.471 -2,0% 19.792 19.022 -3,9% Profit (loss) from operations = EBIT 1.528 584 4.624 1.325 1.274 1.409 -7,8% 4.040 4.008 -0,8% Depreciation, am
Slide 30: Germany. Operational
Germany. Operational. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-3/09 y.o.y. % 1 Access lines in operation excluding lines for internal use and public Fixed Network (end of period) telecommunications; including IP-based access lines. fixed network access lines 1 ('000) 28.978 28.301 28.
Slide 31: Germany. Revenue Split Fixed Network
Germany. Revenue Split Fixed Network. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. y.o.y. % q.o.q. q.o.q. % Fixed Network 4.884 4.987 19.782 4.724 4.628 4.711 -173 -3,5% 83 1,8% of which network communications 1.644 1.581 6.736 1.512 1.440 1.415 -229 -13,9% -25 -1,7% of which IP/Internet
Slide 32: Germany. T-Home - Single Play
Germany. T-Home - Single Play.1,2,3 Call Start 4 Call Basic 4 Call Comfort 4 Standard Universal Standard up to 120 minutes up to 240 minutes flat rate within within Germany 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 intern
Slide 33: Germany. T-Home - Double Play
Germany. 1,2,3 T-Home - Double Play. Call & Surf Basic 5 (4.1) Call & Surf Comfort5 Call & Surf Comfort VDSL5 Call & Surf Comfort Plus5 Bandwidth DSL Bandwidth DSL Bandwidth VDSL Bandwidth DSL 2 Mbit/s, flat rate Internet 6 Mbit/s, flat rate Internet 25 Mbit/s10, flat rate Internet 16 Mbit/s, flat r
Slide 34: Germany. T-Home - Entertain
Germany. T-Home - Entertain. 1,2,3 Entertain Comfort5 Entertain Comfort Plus5 Entertain Premium5 Bandwidth DSL Bandwidth DSL Bandwidth DSL 16 Mbit/s plus11, flat rate internet 16 Mbit/s plus11, flat rate internet 16 Mbit/s plus11, flat rate Internet usage and flat rate voice usage, video usage and f
Slide 35: 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 Montly charge (with handset) 7.95 24.95 39.95 89.95 7.00 use minimum Rates per minute national: optional -mobile to national fixed net 0.29 fre
Slide 36: 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 37: 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 38: Germany. T-Mobile: Mobile Data Plans
Germany. T-Mobile: Mobile Data Plans (mobile phone). Web'n'walk plans 1 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 39: Germany. Fixed network - IPTV packages
Germany. Fixed network - IPTV packages. T-Home T-Home T-Home T-Home Entertain T-Home T-Home Entertain Entertain Entertain Comfort Plus Premium Premium VDSL Comfort Comfort VDSL Comfort Plus VDSL Internet Included up to 25 MBit/s or up to 25 MBit/s or up to 25 MBit/s or Access bandwidth up to 16 MBit
Slide 40: Germany. Fixed network - Overview domestic interconnection tariffs
Germany. 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), new1 (18:00-9:00), old (18:00-9:00), new1 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
Slide 41: Notes
Notes. Deutsche Telekom AG Page 41
Slide 42: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 43: USA. Financials
USA. Financials. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 3.657 4.341 14.957 4.137 3.918 3.758 2,8% 10.616 11.813 11,3% Net revenue 3.653 4.336 14.942 4.133 3.914 3.755 2,8% 10.606 11.802 11,3% Service Revenue 3.180 3.629 12.813 3.570 3.415 3.233
Slide 44: USA. EBITDA Reconciliation
USA. EBITDA Reconciliation. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 3.657 4.341 14.957 4.137 3.918 3.758 2,8% 10.616 11.813 11,3% Profit (loss) from operations = EBIT 570 643 2.299 530 654 595 4,4% 1.656 1.779 7,4% - Depreciation and amortization
Slide 45: USA. Operational
USA. Operational. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) 1 ('000) 32.136 32.758 32.758 33.173 33.497 33.420 4,0% 32.136 33.420 4,0% - Contract ('000) 26.539 26.806 26.806 26.966 27.022 26.882 1,3% 26.539 26.882 1,3% - Prepay ('000) 5.597 5.952
Slide 46: USA. Operational in US-$
USA. Operational in US-$. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) 1 32.136 32.758 32.758 33.173 33.497 33.420 4,0% 32.136 33.420 4,0% - Contract 26.539 26.806 26.806 26.966 27.022 26.882 1,3% 26.539 26.882 1,3% - Prepay 5.597 5.952 5.952 6.207
Slide 47: 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 48: Notes
Notes. Deutsche Telekom AG Page 48
Slide 49: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 50: Europe. Financials
Europe. Financials. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 2.940 2.795 11.354 2.436 2.573 2.552 -13,2% 8.559 7.561 -11,7% Net revenue 2.791 2.656 10.798 2.307 2.472 2.405 -13,8% 8.142 7.145 -12,2% Service Revenue 2.504 2.368 9.742 2.057 2.433 2.
Slide 51: Europe. EBITDA Reconciliation
Europe. EBITDA Reconciliation. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 2.940 2.795 11.354 2.436 2.573 2.552 -13,2% 8.559 7.561 -11,7% Profit (loss) from operations = EBIT 201 10 496 -1.786 226 349 73,6% 486 -1.211 n.a. - Depreciation and amortiza
Slide 52: Europe. Customer Summary
Europe. Customer Summary. '000 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. United Kingdom 1 16.802 16.786 16.786 16.675 16.588 16.608 -1,2% Austria 3.333 3.402 3.402 3.418 3.402 3.387 1,6% Czech Republic 5.392 5.422 5.422 5.411 5.433 5.458 1,2% Netherlands 5.327 5.309 5.309 5.235 5.423 5.474 2,8% P
Slide 53: Europe. T-Mobile UK
Europe. T-Mobile UK. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) 1 ('000) 16.802 16.786 16.786 16.675 16.588 16.608 -1,2% 16.802 16.608 -1,2% - Contract ('000) 4.013 4.056 4.056 4.109 4.109 4.070 1,4% 4.013 4.070 1,4% - Prepay 1 ('000) 12.789 12.73
Slide 54: Europe. T-Mobile UK
Europe. T-Mobile UK. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) 1 ('000) 16.802 16.786 16.786 16.675 16.588 16.608 -1,2% 16.802 16.608 -1,2% - Contract ('000) 4.013 4.056 4.056 4.109 4.109 4.070 1,4% 4.013 4.070 1,4% - Prepay 1 ('000) 12.789 12.73
Slide 55: UK. Flext
UK. Flext. 18 month term Free Mobile contract Monthly charge Monthly Allowance Pure Minutes Pure Texts Internet Flext 40 £ 40 £ 225 1000 or 250 minutes 200 or 1500 texts included Flext 50 £ 50 £ 325 1500 or 250 minutes 200 or 2500 texts included Flext 60 £ 60 £ 425 2000 or 250 minutes 200 or 3500 te
Slide 56: UK. Combi
UK. Combi. Monthly charge Monthly charge 18 months term contract including mobile Internet excluding mobile Internet Minutes Texts Combi 15 £ 18 £ 13.50 100 minutes 100 texts Combi 20 £ 22.50 £ 18 200 minutes 200 texts Combi 25 £ 27 £ 22.50 300 minutes 300 texts Combi 30 £ 31.50 £ 30* £ 27 700 minut
Slide 57: UK. MyFaves Plans
UK. MyFaves Plans. 18 months term contract Monthly charge MyFaves Pure Minutes Pure Texts MyFaves 25 £ 25 unlimited 25 minutes 50 texts MyFaves 35 £ 35 unlimited 100 minutes 200 texts MyFaves 45 £ 45 unlimited 200 minutes 400 texts Calling costs once your inclusive minutes have been used up Any UK n
Slide 58: Europe. T-Mobile Netherlands
Europe. T-Mobile Netherlands. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) 1 ('000) 5.327 5.309 5.309 5.235 5.423 5.474 2,8% 5.327 5.474 2,8% - Contract ('000) 2.229 2.259 2.259 2.313 2.359 2.384 7,0% 2.229 2.384 7,0% - Prepay ('000) 3.097 3.049 3.0
Slide 59: Europe. PTC (Poland)
Europe. PTC (Poland). Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) ('000) 13.013 13.273 13.273 13.287 13.409 13.482 3,6% 13.013 13.482 3,6% - Contract 1 ('000) 6.044 6.327 6.327 6.363 6.477 6.577 8,8% 6.044 6.577 8,8% - Prepay 1 ('000) 6.969 6.946 6
Slide 60: Europe. PTC (Poland)
Europe. PTC (Poland). Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) ('000) 13.013 13.273 13.273 13.287 13.409 13.482 3,6% 13.013 13.482 3,6% - Contract 1 ('000) 6.044 6.327 6.327 6.363 6.477 6.577 8,8% 6.044 6.577 8,8% - Prepay 1 ('000) 6.969 6.946 6
Slide 61: Europe. T-Mobile Czech Republic
Europe. T-Mobile Czech Republic. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) ('000) 5.392 5.422 5.422 5.411 5.433 5.458 1,2% 5.392 5.458 1,2% - Contract ('000) 2.467 2.499 2.499 2.544 2.599 2.630 6,6% 2.467 2.630 6,6% - Prepay ('000) 2.925 2.922 2.
Slide 62: Europe. T-Mobile Czech Republic
Europe. T-Mobile Czech Republic. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) ('000) 5.392 5.422 5.422 5.411 5.433 5.458 1,2% 5.392 5.458 1,2% - Contract ('000) 2.467 2.499 2.499 2.544 2.599 2.630 6,6% 2.467 2.630 6,6% - Prepay ('000) 2.925 2.922 2.
Slide 63: Europe. T-Mobile Austria
Europe. T-Mobile Austria. Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Customers (end of period) ('000) 3.333 3.402 3.402 3.418 3.402 3.387 1,6% 3.333 3.387 1,6% - Contract ('000) 2.223 2.270 2.270 2.305 2.297 2.273 2,2% 2.223 2.273 2,2% - Prepay ('000) 1.111 1.132 1.132 1.1
Slide 64: Notes
Notes. Deutsche Telekom AG Page 64
Slide 65: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 66: Southern and Eastern Europe. Financials
Southern and Eastern Europe. Financials (adjusted). '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 1.265 1.146 4.645 1.964 2.516 2.616 n.a. 3.499 7.096 n.a. Net revenue 1.215 1.115 4.497 1.929 2.472 2.564 n.a. 3.382 6.965 n.a. Adj. EBITDA 593 411 2.01
Slide 67: Southern and Eastern Europe. EBITDA Reconciliation
Southern and Eastern Europe. EBITDA Reconciliation. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 1.265 1.146 4.645 1.964 2.516 2.616 n.a. 3.499 7.096 n.a. EBIT (profit from operations) 371 -5 915 504 237 462 24,5% 920 1.203 30,8% Depreciation, amort
Slide 68: Greece. Financials
Greece. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue --- --- --- 655 1.058 1.087 --- --- 2.800 --- of which fixed network --- --- --- 411 622 627 --- --- 1.660 --- of which mobile --- --- --- 286 506 532 --- --- 1.324 --- Adjusted EBITDA
Slide 69: Greece. Operational
Greece. Operational. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Fixed Network fixed network access lines (tsd.) 4.675 4.579 4.579 4.490 4.407 4.349 -7,0% 4.675 4.349 -7,0% broadband access lines retail (tsd.) 773 864 864 938 969 1.006 30,1% 773 1.006 30,1% IPTV
Slide 70: Hungary. Financials
Hungary. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 550 482 2.006 391 412 437 -20,5% 1.524 1.240 -18,6% of which fixed network 256 214 923 184 187 196 -23,4% 709 567 -20,0% of which mobile 305 272 1.117 218 235 253 -17,0% 845 706 -16,4
Slide 71: Hungary. Operational
Hungary. Operational. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Fixed Network fixed network access lines (tsd.) 2.054 2.011 2.011 1.966 1.918 1.870 -9,0% 2.055 1.870 -9,0% broadband access lines retail (tsd.) 551 565 565 585 596 608 10,3% 551 608 10,3% IPTV a
Slide 72: Slovakia. Financials
Slovakia. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 262 258 994 244 246 244 -6,9% 736 734 -0,3% of which fixed network 119 118 460 113 111 112 -5,9% 342 336 -1,8% of which mobile 153 149 571 140 141 140 -8,5% 422 421 -0,2% Adjusted EB
Slide 73: Slovakia. Operational
Slovakia. Operational. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Fixed Network fixed network access lines (tsd.) 1.126 1.126 1.126 1.123 1.114 1.104 -2,0% 1.126 1.104 -2,0% broadband access lines retail (tsd.) 291 314 314 330 337 345 18,6% 291 345 18,6% IPTV a
Slide 74: Croatia. Financials
Croatia. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 339 302 1.223 278 292 315 -7,1% 921 885 -3,9% of which fixed network 186 181 720 170 169 178 -4,3% 539 517 -4,1% of which mobile 190 149 616 134 139 166 -12,6% 467 439 -6,0% Adjusted
Slide 75: Croatia. Operational
Croatia. Operational. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Fixed Network fixed network access lines (tsd.) 1.559 1.550 1.550 1.531 1.513 1.497 -4,0% 1.559 1.497 -4,0% broadband access lines retail (tsd.) 429 473 473 493 510 527 22,8% 429 527 22,8% IPTV a
Slide 76: Romania. Financials
Romania. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue 204 295 296 --- --- 795 --- of which fixed network --- --- --- 134 208 195 --- --- 537 --- of which mobile --- --- --- 77 96 109 --- --- 282 --- Adjusted EBITDA 67 72 88 --- --- 227 -
Slide 77: Romania. Operational
Romania. Operational. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Fixed Network fixed network access lines (tsd.) 3.009 3.005 3.005 2.971 2.896 2.832 -5,9% 3.009 2.832 -5,9% broadband access lines retail (tsd.) 567 651 651 701 725 750 32,3% 567 750 32,3% IPTV a
Slide 78: Bulgaria. Financials. Operational
Bulgaria. Financials. '€ million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 y.o.y. % Q1-3/08 Q1-Q3/09 y.o.y. % Total revenue --- --- --- 81 104 119 --- --- 304 --- Adjusted EBITDA --- --- --- 27 47 49 --- --- 123 --- Adjusted EBITDA margin --- --- --- 33,3% 45,2% 41,2% --- --- 40,5% --- Cash Capex --- ---
Slide 79: Notes
Notes. Deutsche Telekom AG Page 79
Slide 80: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 81: Systems Solutions. Financials
Systems Solutions. Financials (adjusted). Financial (millions of €) Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-Q3/08 Q1-Q3/09 % y.o.y. Total revenue 2.293 2.599 9.343 2.106 2.179 2.125 -7,3% 6.744 6.410 -5,0% of which: international 674 790 2.709 634 655 644 -4,5% 1.919 1.933 0,7% Net revenue 1
Slide 82: Systems Solutions. EBITDA reconciliation
Systems Solutions. EBITDA reconciliation. Financial (millions of €) Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-Q3/08 Q1-Q3/09 % y.o.y. Total revenue 2.293 2.599 9.343 2.106 2.179 2.125 -7,3% 6.744 6.410 -5,0% Profit (loss) from operations = EBIT (unadj.) -11 -326 81 11 27 16 245,5% 407 54 -86,7
Slide 83: Systems Solutions. Computing & Desktop Services
Systems Solutions. Computing & Desktop Services. Financial (millions of €) Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-Q3/08 Q1-Q3/09 % y.o.y. Total revenue 961 1.132 3.877 900 933 952 -0,9% 2.745 2.785 1,5% Adj. EBITDA 119 130 537 161 157 146 22,7% 407 464 14,0% Adj. EBITDA margin 12,4% 11,5% 1
Slide 84: Systems Solutions. Systems Integration
Systems Solutions. Systems Integration. Financial (millions of €) Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-Q3/08 Q1-Q3/09 % y.o.y. Total revenue 415 456 1.741 400 404 370 -10,8% 1.285 1.174 -8,6% Adj. EBITDA 22 39 91 30 39 19 -13,6% 52 88 69,2% Adj. EBITDA margin 5,3% 8,6% 5,2% 7,5% 9,7% 5,1%
Slide 85: Systems Solutions. Telecommunications
Systems Solutions. Telecommunications. Financial (millions of €) Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-Q3/08 Q1-Q3/09 % y.o.y. Total revenue 917 1.011 3.725 806 842 803 -12,4% 2.714 2.451 -9,7% Adj. EBITDA 62 62 198 20 35 66 6,5% 136 121 -11,0% Adj. EBITDA margin 6,8% 6,1% 5,3% 2,5% 4,2% 8
Slide 86: Notes
Notes. Deutsche Telekom AG Page 86
Slide 87: Content
Content At a glance 4 Germany SEE Excellent market position 6 Financials 27 Financials 66 EBITDA reconciliation 29 EBITDA reconciliation 67 Group Operational 30 Greece 68 Adjusted income statement 8 Additional information 31 Hungary 70 EBITDA reconciliation 9 Slovakia 72 Unadjusted income statement
Slide 88: Group Headquarters & Shared Services. Financials
Group Headquarters & Shared Services. Financials (adjusted). € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 748 602 2.781 618 612 593 -20,7% 2.179 1.823 -16,3% Net revenue 82 58 307 68 66 63 -23,2% 249 197 -20,9% Adj. EBITDA 74 -141 -181 -50 -142 -112 n
Slide 89: Group Headquarters & Shared Services. EBITDA Reconciliation
Group Headquarters & Shared Services. EBITDA Reconciliation. € million Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Q3/09 % y.o.y. Q1-3/08 Q1-3/09 % y.o.y. Total revenue 748 602 2.781 618 612 593 -20,7% 2.179 1.823 -16,3% Profit (loss) from operations = EBIT -319 -366 -1.266 -309 -344 -311 2,5% -900 -964 -7,1% - D
Slide 90: Group Headquarters & Shared Services. Vivento
Group Headquarters & Shared Services. Vivento. End of period 1 30/09/08 31/12/08 31/03/09 30/06/09 30/09/09 Employees Vivento in total 8.500 8.200 8.400 8.700 9.400 2 1. Employmend external 2.700 3.300 3.400 3.700 4.000 2. Employmend internal 3.000 2.300 2.100 2.100 2.400 3. Others 3 2.800 2.600 2.9
Slide 91: Notes
Notes. Deutsche Telekom AG Page 91
Slide 92: 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