Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q2 2009 Earnings Presentation
99 slides from Deutsche Telekom's earnings presentation, August 2009
Slide 1: Backup Q2 2009. Deutsche Telekom.
Backup Q2 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. Life is for sharing. Page 2
Slide 3: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 4: At a Glance I.
At a Glance I. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue Broadband/Fixed Network 5.561 5.610 5.653 22.501 5.882 6.063 9,0% 11.238 11.945 6,3% Mobile Communications 8.678 9.028 9.435 35.586 9.206 9.413 8,5% 17.123 18.619 8,7% Mobile Europa 5.187 5.3
Slide 5: At a Glance II.
At a Glance II. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. EBITDA margin excluding special factors Broadband/Fixed Network 34,0% 33,0% 30,9% 32,8% 34,2% 33,9% -0,1%p 33,7% 34,0% 0,3%p Mobile Communications 32,8% 34,0% 29,9% 32,0% 28,4% 32,8% 0,0%p 32,2% 30,6% -1,
Slide 6: Excellent market position
Excellent market position Delta q.o.q. Delta y.o.y. millions1 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 abs. % abs. % Broadband lines (total) 2,3 16,0 16,3 16,7 17,0 17,2 0,2 1,1% 1,2 7,3% 1 Figures rounded to the nearest million. The total is calculated on the basis of precise numbers. of which
Slide 7: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 8: DT consolidated income statement. Adjusted for special factors.
DT consolidated income statement. Adjusted for special factors. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Net revenue 15.125 15.454 16.109 61.666 15.902 16.238 7,4% 30.103 32.140 6,8% Cost of sales -8.131 -8.117 -9.127 -33.655 -8.998 -8.593 -5,7% -16.411 -17.591
Slide 9: DT Group. EBITDA reconciliation.
DT Group. EBITDA reconciliation. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 H1/08 H1/09 Net revenue 15.125 15.454 16.109 61.666 15.902 16.238 30.103 32.140 Net profit (loss) 394 895 -730 1.483 -1.124 521 1.318 -603 + Profit (loss) attributable to minority interests 154 186 66 541 200 75 289 2
Slide 10: DT consolidated income statement. Unadjusted.
DT consolidated income statement. Unadjusted. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Net revenue 15.125 15.454 16.109 61.666 15.902 16.238 7,4% 30.103 32.140 6,8% Cost of sales -8.342 -8.248 -9.680 -34.592 -8.906 -8.746 -4,8% -16.664 -17.652 -5,9% Gross profi
Slide 11: DT Group. Special factors in the consolidated income statement.
DT Group. Special factors in the consolidated income statement. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 H1/08 H1/09 Net revenue 0 0 0 0 0 0 0 0 Cost of sales -211 -131 -553 -937 92 -153 -253 -61 Gross profit -211 -131 -553 -937 92 -153 -253 -61 Selling expenses -20 -13 -363 -485 28 -31 -10
Slide 12: DT Group. Details on special factors I.
DT Group. Details on special factors I. millions of € Q2/08 Q3/08 Q4/08 Q1/09 Q2/09 H1/08 H1/09 Effect on operating expenses -289 -368 -1.413 -1.696 -252 -509 -1.948 of which: expenses / income for early retirement (civil servants) -55 0 -161 -4 21 -55 17 of which: expenses for severance payments -1
Slide 13: DT Group. Details on special factors II.
DT Group. Details on special factors II. millions of € Q2/08 Q3/08 Q4/08 Q1/09 Q2/09 H1/08 H1/09 Effect on profit (loss) from financial activities -21 -34 -554 1 -25 -112 -64 -137 Effect on profit (loss) before income taxes -315 -394 -1.949 -1.698 -358 -89 -2.056 Effect on taxes 73 98 341 31 49 22 8
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. Reported MINUS PLUS Total % Pro Forma numbers Acquisition effects1 Deconsolidation effects6 effect Pro Q2/09 Q2 Q2 Mobile Mobile Bus. Bus. forma reported millions of€ 2008 2009 Total Europe USA BB/FN Cust.10 2 3 4 GHS5 Total BB/
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 effects1 Deconsolidation effects6 effect Pro H1/09 H1 H1 Mobile Mobile Bus. Bus. forma reported millions of€ 2008 2009 Total Europe USA BB/FN Cust.10 2 3 4 GHS5 Total BB/FN
Slide 16: Consolidated balance sheet. Assets.
Consolidated balance sheet. Assets1. billions of € 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 % y.o.y. Current assets 15,5 16,2 15,4 18,7 20,1 29,3% Cash and cash equivalents 2,0 3,1 3,0 4,1 5,8 n.a. Trade and other receivables 7,3 7,4 7,4 8,1 8,2 12,8% Current recoverable income taxes 0,2 0,1 0,3
Slide 17: Consolidated balance sheet. Shareholders' equity and liabilities.
Consolidated balance sheet. 1 Shareholders' equity and liabilities . billions of € 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 % y.o.y. Liabilities 78,0 78,6 80,0 88,6 91,4 17,2% Current liabilities 24,1 22,1 24,2 25,3 28,8 19,5% Financial liabilities 10,5 8,8 9,6 9,8 14,0 33,2% Trade and other pay
Slide 18: Maturity profile - well balanced redemptions.
Maturity profile - well balanced redemptions. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as of June 30, 2009 ( € billion) Bonds, MTNs and Schuldscheindarlehen as per 30/06/09 (€ billion) € billion - Maturity profile is well balanced - Maturity redemptions would be covered by
Slide 19: Liquidity reserves as of June 30, 2009 - Strong cushion.
Liquidity reserves as of June 30, 2009 - Strong cushion. Liquidity reserves - Liquidity reserves of €22 billion consisting of: - €6.8 billion liquid assets € billion - €15.2 billion unused credit lines - 28 bilateral credit facilities of €600 million each adding up to €16.8 billion 22.0 - Loan terms
Slide 20: Debt to net debt reconciliation.
Debt to net debt reconciliation. millions of € 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 % q.o.q. Bonds 32.249 35.691 34.302 39.659 43.157 33,8% Other financial liabilities 12.000 8.733 9.145 9.478 9.627 -19,8% Gross debt 44.249 44.424 43.447 49.137 52.784 19,3% Cash and cash equivalents 1.954 3.
Slide 21: Cash capex.
1 Cash capex. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. 2 Broadband/Fixed Network 584 701 1.238 3.150 899 796 36,3% 1.211 1.695 40,0% Mobile Communications 979 1.051 1.456 4.437 1.508 1.180 20,5% 1.930 2.688 39,3% Mobile Europa 318 395 713 1.897 642 395 24,2% 78
Slide 22: Free cash flow.
Free cash flow. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Net profit (loss) 394 895 -730 1.483 -1.124 521 32,2% 1.318 -603 n.a. Profit (loss) attributable to minority interests 154 186 66 541 200 75 -51,3% 289 275 -4,8% Profit (loss) after income taxes 548 1.081
Slide 23: Personnel.
Personnel.1 End of period 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 Delta q.o.q. Delta y.o.y. abs. % abs. % BBFN 100.489 99.390 95.613 120.998 119.029 -1.969 -1,6% 18.540 18,4% Domestic 85.114 84.097 80.493 80.998 79.583 -1.415 -1,7% -5.531 -6,5% International 15.375 15.293 15.120 40.000 39.446 -
Slide 24: Exchange rates.
Exchange rates. Average. € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 1 U.S dollar (USD) 0,63995 0,66437 0,75903 0,67976 0,76691 0,73372 1 British pound (GBP) 1,26065 1,25765 1,19347 1,25601 1,09974 1,13783 100 Czech korunas (CZK) 4,02570 4,15002 3,94790 4,00894 3,61991 3,74706 100 Croatian kunas (HRK) 13,
Slide 25: Notes.
Notes. Life is for sharing. Page 25
Slide 26: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 27: Mobile Communications. Adjusted for special influences.
Mobile Communications. Adjusted for special influences. € million Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 8.678 9.028 9.435 35.586 9.206 9.413 8,5% 17.123 18.619 8,7% Net revenue 8.511 8.850 9.267 34.920 9.027 9.220 8,3% 16.803 18.247 8,6% ARPU revenue 7.805 8
Slide 28: Mobile Communications. EBITDA Reconciliation.
Mobile Communications. EBITDA Reconciliation. € million Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 8.678 9.028 9.435 35.586 9.206 9.413 8,5% 17.123 18.619 8,7% Profit (loss) from operations = EBIT 1.446 1.690 1.091 5.487 -635 1.570 8,6% 2.706 935 -65,4% - Depreci
Slide 29: Mobile Communications. Unadjusted.
Mobile Communications. Unadjusted. € million Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 8.678 9.028 9.435 35.586 9.206 9.413 8,5% 17.123 18.619 8,7% Net revenue 8.511 8.850 9.267 34.920 9.027 9.220 8,3% 16.803 18.247 8,6% ARPU revenue 7.805 8.086 8.277 31.737 8.1
Slide 30: Mobile Communications. Special influences.
Mobile Communications. Special influences. € million Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 H1/08 H1/09 Effects on EBITDA -27 -39 -85 -154 -6 -0 -30 -6 - of which restructuring 1 -27 -37 -76 -143 -6 -8 -30 -14 - of which other 0 -2 -9 -11 0 8 8 Effects on Operating Results = EBIT -27 -39 -334 -403 -1.8
Slide 31: Mobile Communications. Customer Summary - proforma -.
Mobile Communications. Customer Summary - proforma -. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. Germany 1 38.399 38.800 39.101 39.101 38.984 39.103 1,8% United Kingdom 2 16.794 16.802 16.786 16.786 16.675 16.588 -1,2% Poland 12.830 13.013 13.273 13.273 13.287 13.409 4,5% Austria 3.298 3.333
Slide 32: Mobile Communications. Customer Summary.
Mobile Communications. Customer Summary. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. Germany 1 38.399 38.800 39.101 39.101 38.984 39.103 1,8% United Kingdom 2 16.794 16.802 16.786 16.786 16.675 16.588 -1,2% Poland 12.830 13.013 13.273 13.273 13.287 13.409 4,5% Austria 3.298 3.333 3.402 3.402 3
Slide 33: Mobile Communications. T-Mobile Germany.
Mobile Communications. T-Mobile Germany. 1 On the basis of different rulings on the '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. expiry of prepaid credit and the limited validity of prepaid cards, T-Mobile Customers (end of period)1 38.399 38.800 39.101 39.101 38.984 39.103
Slide 34: T-Mobile: Max Flat Plans. Germany.
T-Mobile: Max Flat Plans. Germany. 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 free
Slide 35: T-Mobile: Relax Plans. Germany.
T-Mobile: Relax Plans. Germany. Relax plans in € Relax 60 Relax 120 Relax 240 Relax 1200 Monthly charge (without handset) 9.95 19.95 29.95 59.95 Monthly charge (with handset) 19.95 29.95 39.95 69.95 includes national voice minutes 60 120 240 1200 (on-net, fixed net, other mobile networks Voicemail f
Slide 36: T-Mobile: Combi Relax Plans. Germany.
T-Mobile: Combi Relax Plans. Germany. 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: T-Mobile: Combi Flat Plans. Germany.
T-Mobile: Combi Flat Plans. Germany. 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 fre
Slide 38: T-Mobile: Mobile Data Plans (laptop). Germany.
T-Mobile: Mobile Data Plans (laptop). Germany. Web'n'walk plans in € web'n'walk Connect M web'n'walk Connect L web'n'walk Plus Monthly charge (with hardware) 24.95 1 39.95 2 5.00 3 9.00 3 Add costs for the preinstalled data option incl. incl. 10.00 34.95 Additional data volume (per MB) 0,49 - 1,90 -
Slide 39: T-Mobile: Mobile Data Plans (mobile phone). Germany.
T-Mobile: Mobile Data Plans (mobile phone). Germany. 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 40: Mobile Communications. T-Mobile USA.
Mobile Communications. T-Mobile USA. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period)1 31.466 32.136 32.758 32.758 33.173 33.497 6,5% 31.466 33.497 6,5% - Contract 26.246 26.539 26.806 26.806 26.966 27.022 3,0% 26.246 27.022 3,0% - Prepay 5.220 5.597 5
Slide 41: Mobile Communications. T-Mobile USA.
Mobile Communications. T-Mobile USA. USD Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue (million) 5.467 5.504 5.719 21.876 5.395 5.339 -2,3% 10.653 10.734 0,8% ARPU revenue (million) 4.735 4.787 4.780 18.758 4.655 4.654 -1,7% 9.191 9.310 1,3% Adj. EBITDA (million)2 1
Slide 42: Individual myFaves Plans. T-Mobile USA.
Individual myFaves Plans. sm T-Mobile USA. Whenever Weekend/Night myFaves Monthly charge Minutes 1 Minutes 2,3 Minutes 4 myFaves 300 $ 39.99 300 Unlimited Unlimited myFaves 600 $ 49.99 600 Unlimited Unlimited myFaves 1000 $ 59.99 1000 Unlimited Unlimited myFaves 1500 $ 69.99 1500 Unlimited Unlimited
Slide 43: Individual Voice Plans. T-Mobile USA.
Individual Voice Plans. T-Mobile USA. Get great value with the most minutes. Monthly Weekend/Night 1 charge Whenever Minutes Minutes 2,3 Unlimited Individual 300 $ 29.99 300 weekends Individual 600 $ 39.99 600 Unlimited Individual 1000 $ 39.99 1000 None Individual Plus $ 39.99 1000 Unlimited Promoti
Slide 44: Mobile Communications. T-Mobile UK.
Mobile Communications. T-Mobile UK. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 1 16.794 16.802 16.786 16.786 16.675 16.588 -1,2% 16.794 16.588 -1,2% - Contract 3.917 4.013 4.056 4.056 4.109 4.109 4,9% 3.917 4.109 4,9% - Prepay1 12.877 12.789 12.7
Slide 45: Mobile Communications. T-Mobile UK.
Mobile Communications. T-Mobile UK. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 1 16.794 16.802 16.786 16.786 16.675 16.588 -1,2% 16.794 16.588 -1,2% - Contract 3.917 4.013 4.056 4.056 4.109 4.109 4,9% 3.917 4.109 4,9% - Prepay 1 12.877 12.789 12.
Slide 46: Flext. The ultimate flexible value package.
Flext. The ultimate flexible value package. 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 2
Slide 47: Combi. Our best fixed package.
Combi. Our best fixed package. 18 months term Monthly charge Monthly charge contract including mobile Internet excluding mobile Internet Minutes Texts Combi 15 £ 20 £ 15 100 minutes 200 texts Combi 20 £ 25 £ 20 200 minutes 400 texts Combi 25 £ 30 £ 25 300 minutes 600 texts Combi 30 £ 35 £ 30 700 min
Slide 48: MyFaves Plans. UK.
MyFaves Plans. UK. 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 49: Mobile Communications. PTC (Poland).
Mobile Communications. PTC (Poland). '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 12.830 13.013 13.273 13.273 13.287 13.409 4,5% 12.830 13.409 4,5% - Contract1 5.807 6.044 6.327 6.327 6.363 6.477 11,5% 5.807 6.477 11,5% - Prepay1 7.023 6.969 6.946
Slide 50: Mobile Communications. PTC (Poland).
Mobile Communications. PTC (Poland). '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 12.830 13.013 13.273 13.273 13.287 13.409 4,5% 12.830 13.409 4,5% - Contract 1 5.807 6.044 6.327 6.327 6.363 6.477 11,5% 5.807 6.477 11,5% - Prepay 1 7.023 6.969 6.94
Slide 51: Mobile Communications. T-Mobile Austria.
Mobile Communications. T-Mobile Austria. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 3.298 3.333 3.402 3.402 3.418 3.402 3,2% 3.298 3.402 3,2% - Contract 2.191 2.223 2.270 2.270 2.305 2.297 4,8% 2.191 2.297 4,8% - Prepay 1.107 1.111 1.132 1.132 1.
Slide 52: Mobile Communications. T-Mobile Czech Republic.
Mobile Communications. T-Mobile Czech Republic. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 5.313 5.392 5.422 5.422 5.411 5.433 2,3% 5.313 5.433 2,3% - Contract 2.372 2.467 2.499 2.499 2.544 2.599 9,6% 2.372 2.599 9,6% - Prepay 2.941 2.925 2.922 2
Slide 53: Mobile Communications. T-Mobile Netherlands.
Mobile Communications. T-Mobile Netherlands. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 1 5.278 5.327 5.309 5.309 5.235 5.423 2,7% 5.278 5.423 2,7% - Contract 2.153 2.229 2.259 2.259 2.313 2.359 9,6% 2.153 2.359 9,6% - Prepay 3.125 3.097 3.049 3.
Slide 54: Mobile Communications. T-Mobile Hungary.
Mobile Communications. T-Mobile Hungary. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 5.082 5.156 5.362 5.362 5.347 5.256 3,4% 5.082 5.256 3,4% - Contract 1.898 1.975 2.066 2.066 2.109 2.144 13,0% 1.898 2.144 13,0% - Prepay 3.184 3.181 3.295 3.295
Slide 55: Mobile Communications. T-Mobile HR (Croatia).
Mobile Communications. T-Mobile HR (Croatia). '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 2.543 2.620 2.690 2.690 2.781 2.867 12,7% 2.543 2.867 12,7% - Contract 750 774 811 811 843 875 16,7% 750 875 16,7% - Prepay 1.793 1.846 1.879 1.879 1.937 1.9
Slide 56: Mobile Communications. T-Mobile Slovensko (Slovakia).
Mobile Communications. T-Mobile Slovensko (Slovakia). '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 2.330 2.317 2.347 2.347 2.331 2.323 -0,3% 2.330 2.323 -0,3% - Contract 1.251 1.287 1.359 1.359 1.370 1.386 10,8% 1.251 1.386 10,8% - Prepay 1.079 1.0
Slide 57: Mobile Communications. T-Mobile Macedonia.
Mobile Communications. T-Mobile Macedonia. '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 1.251 1.301 1.379 1.379 1.352 1.387 10,9% 1.251 1.387 10,9% - Contract 322 332 361 361 379 401 24,5% 322 401 24,5% - Prepay 929 969 1.018 1.018 973 986 6,1% 929
Slide 58: Mobile Communications. Cosmote Greece.
Mobile Communications. Cosmote Greece. 1 '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 6.921 7.411 7.893 7.893 8.412 8.793 27,0% 6.921 8.793 27,0% - Contract 2.103 2.153 2.214 2.214 2.241 2.272 8,0% 2.103 2.272 8,0% - Prepay 4.818 5.258 5.679 5.679
Slide 59: Mobile Communications. Cosmote Bulgaria.
Mobile Communications. Cosmote Bulgaria. 1 '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 3.945 4.019 4.097 4.097 4.012 4.008 1,6% 3.945 4.008 1,6% - Contract 1.893 1.998 2.103 2.103 2.061 2.047 8,1% 1.893 2.047 8,1% - Prepay 2.052 2.021 1.994 1.994
Slide 60: Mobile Communications. Cosmote Romania.
Mobile Communications. Cosmote Romania. 1 '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 4.643 5.246 5.894 5.894 6.106 6.330 36,3% 4.643 6.330 36,3% - Contract 802 935 1.112 1.112 1.220 1.265 57,7% 802 1.265 57,7% - Prepay 3.841 4.311 4.782 4.782 4.8
Slide 61: Mobile Communications. Cosmote Albania.
Mobile Communications. Cosmote Albania. 1 '000 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Customers (end of period) 1.280 1.316 1.396 1.396 1.405 1.456 13,8% 1.280 1.456 13,8% - Contract 92 88 96 96 94 95 3,3% 92 95 3,3% - Prepay 1.189 1.228 1.300 1.300 1.311 1.361 14,5% 1.189
Slide 62: Notes.
Notes. Life is for sharing. Page 62
Slide 63: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 64: Broadband/Fixed Network. Adjusted for special factors.
Broadband/Fixed Network. Adjusted for special factors. 1,2 millions of€ Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y H1/08 H1/09 % y.o.y Total revenue 5.677 5.561 5.610 5.653 22.501 5.882 6.063 9,0% 11.238 11.945 6,3% Domestic 1 5.126 4.998 5.005 5.097 20.226 4.836 4.745 -5,1% 10.124 9.581 -5,4% Inte
Slide 65: Broadband/Fixed Network. EBITDA reconciliation.
Broadband/Fixed Network. EBITDA reconciliation.1,2 millions of € Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Total Revenue 5.677 5.561 5.610 5.653 22.501 5.882 6.063 Profit (loss) from operations = EBIT 889 819 918 133 2.759 1.170 760 Depreciation, amortization and - impairment losses -907 -890 -865 -
Slide 66: Broadband/Fixed Network. Unadjusted.
Broadband/Fixed Network. Unadjusted.1,2 millions of€ Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y H1/08 H1/09 % y.o.y Total revenue 5.677 5.561 5.610 5.653 22.501 5.882 6.063 9,0% 11.238 11.945 6,3% Domestic 1 5.126 4.998 5.005 5.097 20.226 4.836 4.745 -5,1% 10.124 9.581 -5,4% International 2 564 575
Slide 67: Broadband/Fixed Network. Special factors.
Broadband/Fixed Network. Special factors.1,2 millions of € Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 Effects on EBITDA -96 -183 -69 -642 -990 165 -181 Domestic -101 -171 -63 -623 -958 -22 -24 of which personnel related -8 -161 -60 -541 -770 -24 -16 International 5 -12 -6 -19 -32 187 -157 of which pe
Slide 68: Broadband/Fixed Network. Key operational performance - Fixed-network access.
Broadband/Fixed Network. Key operational performance - Fixed-network access. Thousands 31/03/08 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 y.o.y.% q.o.q.% Fixed-network access lines (total) 1/2 43.625 42.766 41.993 41.147 40.335 39.615 -7,4% -1,8% Domestic 3 30.192 29.544 28.978 28.301 27.699 27.2
Slide 69: Broadband/Fixed Network. Key operational performance - Broadband.
Broadband/Fixed Network. Key operational performance - Broadband. Thousands 31/03/08 31/06/08 31/09/08 31/12/08 31/03/09 30/06/09 y.o.y.% q.o.q.% 1/2 Broadband access lines in operation (total) 15.735 16.000 16.287 16.656 16.994 17.176 7,3% 1,1% of which Retail 11.920 12.434 12.952 13.579 14.160 14.
Slide 70: Broadband/Fixed Network. Key operational performance - Wholesales Services.
Broadband/Fixed Network. Key operational performance - Wholesales Services. Wholesale Services (Thousands) 31/03/08 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 y.o.y.% q.o.q.% Resale DSL/ IP-BSA 1 3.804 3.549 3.263 2.848 2.491 2.215 -37,6% -11,1% of which Domestic 2 3.401 3.169 2.905 2.537 2.209 1.
Slide 71: Broadband/Fixed Network International. Key financial figures.
Broadband/Fixed Network International. Key financial figures. millions of€ Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 %y.o.y %q.o.q H1/08 H1/09 %y.o.y International (SEE total)1 Total revenue 564 575 620 570 2.329 1.063 1.343 n.a. 26,3% 1.139 2.406 n.a. Total adj. EBITDA 239 248 268 215 970 400 470 8
Slide 72: Broadband/Fixed Network International. CEE - Key financial figures.
Broadband/Fixed Network International. CEE - Key financial figures. millions of€ Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 %y.o.y %q.o.q H1/08 H1/09 %y.o.y Eastern Europe (CEE) Revenue 564 575 620 570 2.329 520 520 -9,6% 0,0% 1.139 1.040 -8,7% Adj. EBITDA 239 248 268 215 970 219 218 -12,1% -0,5% 487
Slide 73: Broadband/Fixed Network International. OTE - Key financial figures.
Broadband/Fixed Network International. OTE - Key financial figures. millions of€ Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 %y.o.y %q.o.q H1/08 H1/09 %y.o.y OTE Fixed Network1 Revenue 544 823 n.a. 51,3% n.a. 1.367 n.a. Adj. EBITDA 181 251 n.a. 38,7% n.a. 432 n.a. Adj. EBITDA margin 33,3% 30,5% n.a. -
Slide 74: BBFN: International. Key financial figures in local currency.
BBFN: International. Key financial figures in local currency. millions Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 %y.o.y. %q.o.q. 1 Magyar Telekom (MT) (HUF) Revenue 72.739 71.316 74.683 71.786 290.524 70.062 68.590 -3,8% -2,1% Adj. EBITDA 31.596 29.972 33.768 26.615 121.951 30.452 28.440 -5,1% -6,6%
Slide 75: BBFN: Domestic. Revenue split.
BBFN: Domestic. 1 Revenue split. millions of € Q1/08 Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 %y.o.y H1/08 H1/09 %y.o.y Domestic (total)* 5.126 4.998 5.005 5.097 20.226 4.836 4.745 -5,1% 10.124 9.581 -5,4% of which network communications 1.802 1.709 1.645 1.581 6.737 1.512 1.440 -15,7% 3.511 2.952 -15,9%
Slide 76: T-Home domestic. Complete Packages
T-Home domestic. Complete Packages1,2,3 Call Plus 4, 10 Call Start 4 Call Basic Call Basic Call Comfort 4 Standard Standard voice Standard Universal Standard voice usage usage per minute up to 120 minutes up to 240 minutes flat rate within per minute within Germany within Germany Germany from € 18.9
Slide 77: T-Home domestic. Complete Packages
T-Home domestic. 1,2,3 Complete Packages Call & Surf Basic 6 (4.1) Call & Surf Basic 6, 10 (4.2) Call & Surf Comfort 6 Call & Surf Comfort Plus 6 bandwidth DSL 2 Mbit/s, bandwidth DSL 2 Mbit/s, bandwidth DSL 6 Mbit/s, Bandwidth DSL 16 Mbit/s, flat rate Internet usage flat rate voice usage flat rate
Slide 78: T-Home domestic. Complete Packages
T-Home domestic. Complete Packages 1,2,3 Entertain Comfort 6 Entertain Comfort Plus 6 Entertain Premium 6 bandwidth DSL 16 Mbit/s plus, flat bandwidth DSL 16 Mbit/s plus, flat bandwidth DSL 16 Mbit/s plus, flat rate internet usage and flat rate rate internet usage and flat rate rate Internet usage a
Slide 79: Broadband/Fixed Network. Overview dom. interconnection tariffs (excl. VAT).
Broadband/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 natio
Slide 80: Broadband/Fixed Network. Personnel development.
Broadband/Fixed Network. Personnel development. Year end/quarter end Q1/08 Q2/08 Q3/08 Q4/08 FY/ 08 Q1/09 Q2/09 Δ y.o.y. y.o.y.% Number of employees (total) 103.288 100.489 99.390 95.613 95.613 120.998 119.029 18.540 18,4% Domestic 1/2 87.542 85.114 84.097 80.493 80.493 80.998 79.583 -5.531 -6,5% In
Slide 81: Broadband/Fixed Network. IPTV packages.
Broadband/Fixed Network. IPTV packages. T-Home Entertain Comfort T-Home Entertain Comfort VDSL T-Home Entertain T-Home Entertain Comfort Plus Comfort Plus VDSL T-Home Premium T-Home Premium VDSL Entertainment Included Access to Video on demand ● ● ● ● ● ● Basic TV channels ● ● ● ● ● ● TV archive of
Slide 82: Notes.
Notes. Life is for sharing. Page 82
Slide 83: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 84: T-Systems. Adjusted for special factors.
T-Systems. Adjusted for special factors. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 2.251 2.293 2.599 9.343 2.106 2.179 -3,2% 4.451 4.285 -3,7% of which: international 649 674 790 2.709 634 655 0,9% 1.245 1.289 3,5% Net revenue 1.538 1.55
Slide 85: T-Systems. EBITDA reconciliation.
T-Systems. EBITDA reconciliation. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 2.251 2.293 2.599 9.343 2.106 2.179 -3,2% 4.451 4.285 -3,7% Profit (loss) from operations = EBIT (unadj.) -65 -11 -326 81 11 27 141,5% 418 38 -90,9% Depreciation
Slide 86: T-Systems. Unadjusted.
T-Systems. Unadjusted. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 2.251 2.293 2.599 9.343 2.106 2.179 -3,2% 4.451 4.285 -3,7% Net revenue 1.538 1.553 1.773 6.368 1.496 1.502 -2,3% 3.042 2.998 -1,4% EBITDA 130 180 -119 862 188 200 53,8% 80
Slide 87: T-Systems. Special factors.
T-Systems. Special factors. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Effect on EBITDA -58 -23 -350 36 -23 -31 46,6% 409 -54 n.a. of which restructuring provisions (EBITDA) -58 -23 -350 36 -23 -31 46,6% 409 -54 n.a. of which restructuring provisions (
Slide 88: T-Systems Computing & Desktop Services.
T-Systems Computing & Desktop Services. Computing & Desktop Services. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 886 961 1.132 3.877 900 933 5,3% 1.784 1.833 2,7% Adj. EBITDA 125 119 130 537 161 157 25,6% 288 318 10,4% Adj. EBITDA margin
Slide 89: T-Systems Systems Integration.
T-Systems Systems Integration. Systems Integration. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 447 415 456 1.741 400 404 -9,6% 870 804 -7,6% Adj. EBITDA 18 22 39 91 30 39 n.a. 30 69 n.a. Adj. EBITDA margin 4,0% 5,3% 8,6% 5,2% 7,5% 9,7% --
Slide 90: T-Systems Telecommunications.
T-Systems Telecommunications. Telecommunications. Financial (millions of€) Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 918 917 1.011 3.725 806 842 -8,3% 1.797 1.648 -8,3% Adj. EBITDA 45 62 62 198 20 35 -22,2% 74 55 -25,7% Adj. EBITDA margin 4,9% 6,8% 6,1% 5,3% 2,5
Slide 91: Notes.
Notes. Life is for sharing. Page 91
Slide 92: Content.
Content. At a glance 4 Excellent market position 6 Group Mobile Communications Broadband/Fixed Network Adjusted income statement 8 Key figures adjusted for special factors 27 Key figures adjusted for special factors 64 EBITDA reconciliation 9 EBITDA reconciliation 28 EBITDA reconciliation 65 Unadjus
Slide 93: Group Headquarters & Shared Services. Adjusted for special factors.
Group Headquarters & Shared Services. Adjusted for special factors. millions of € Q2/08 Q3/08 Q4/08 FY08 Q1/09 Q2/09 % y.o.y. H1/08 H1/09 % y.o.y. Total revenue 915 928 846 3.573 878 877 -4,2% 1.799 1.755 -2,4% Net revenue 154 164 131 599 144 132 -14,3% 304 276 -9,2% EBITDA -40 156 -122 -31 20 -37 -
Slide 94: Group Headquarters & Shared Services. EBITDA reconciliation.
Group Headquarters & Shared Services. EBITDA reconciliation. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q109 Q2/09 H1/08 H1/09 Total revenue 915 928 846 3.573 878 877 1.799 1.755 Profit (loss) from operations = EBIT -305 -260 -356 -1.198 -269 -280 -582 -549 Depreciation, amortization and - impairment los
Slide 95: Group Headquarters & Shared Services. Unadjusted.
Group Headquarters & Shared Services. Unadjusted. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/08 Q2/09 y.o.y. H1/08 H1/09 % y.o.y. Total revenue 915 928 846 3.573 878 877 -4,2% 1.799 1.755 -2,4% Net revenue 154 164 131 599 144 132 -14,3% 304 276 -9,2% EBITDA -55 -72 -140 -367 14 -56 1,8% -155 -42 72,9%
Slide 96: Group Headquarters & Shared Services. Special factors.
Group Headquarters & Shared Services. Special factors. millions of € Q2/08 Q3/08 Q4/08 FY/08 Q1/09 Q2/09 H1/08 H1/09 Effect on EBITDA -15 -228 -18 -336 -6 -19 -90 -25 Provisions for staff reduction, severance payments and -25 -228 -18 -346 -6 -19 -100 -25 others Effects on profit (loss) from operati
Slide 97: Vivento.
Vivento. End of period 1 30/06/08 30/09/08 31/12/08 31/03/09 30/06/09 Employees Vivento in total 8.200 8.500 8.200 8.400 8.700 1. Employmend external 2 2.200 2.700 3.300 3.400 3.700 2. Employmend internal 3.300 3.000 2.300 2.100 2.100 3. Others 3 2.700 2.800 2.600 2.900 2.900 Employment rate 80% 81%
Slide 98: Notes.
Notes. Life is for sharing. Page 98
Slide 99: Glossary and Disclaimer.
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 opera