Slide 1: Taiwan Mobile Co., Ltd. 2Q22 Results Summary
Taiwan Mobile Co., Ltd. 2Q22 Results Summary August 5th 2022 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward- looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (or hereafter the “Company”) undertakes no obligation to update
Slide 3: Business Overview
Business Overview 3
Slide 4: 2Q22 Highlights
2Q22 Highlights Solid topline expansions across all 3 core engines Mobile Service Revenue* E-commerce Home Broadband +3% YoY +14% YoY +11% YoY Bottom line growth driven mainly by telecom Consolidated +3% YoY Net Income +5% YoY EBITDA *Mobile service revenue based on post-IFRS 15 numbers 4
Slide 5: Mobile – Growth Engine #1
Mobile – Growth Engine #1 2Q22 results Smartphone ARPU Postpaid Churn 681 0.96% 667 0.87% 662 0.85% 0.80% 2Q20 2Q21 2Q22 2020 2021 1Q22 2Q22 Upselling via Unique Bundles momobile Double Play Disney+ + 5
Slide 6: Potential 5G Benefits post Merger
Potential 5G Benefits post Merger 5G mMIMO Implementation Cost Comparison Same equipment 👍 40MHz 3500MHz 2600MHz (TDD) Existing 3500MHz VS. Existing 3500MHz Lower Cost - Existing Equipment Support Higher Cost - New Equipment Required Sub-6G Spectrum for 5G use 5G Speed Improvement with (MHz) New…
Slide 7: momo – Growth Engine #2
momo – Growth Engine #2 Revenue EBITDA (NT$mn) YoY (NT$mn) 25,138 +13% YoY Total 22,258 1,335 -2% 1,314 Others 23,894 +14% E-commerce 20,904 1,152 1,161 +1% 2Q21 2Q22 2Q21 2Q22 Main + Satellite E-commerce E-commerce Warehouses (#) Total Transaction (#) EBITDA Margin 51 +9% 5.5% 4.9% +14 YoY YoY 2Q22
Slide 8: Broadband – Growth Engine #3
Broadband – Growth Engine #3 2Q22 Basic TV Subscribers 2Q22 Penetration Rate ('000) Subscribers YoY 56.3% 61.0% 53.0% 44.1% TFNM 532 -1.8% Top 4 Top 4 TFNM MSO TFNM MSO Top 4 MSO 3,335 -2.2% DTV BB Source: Market intelligence Source: Market intelligence Revenue EBITDA (NT$mn) (NT$mn) YoY YoY 744 +2%
Slide 9: Financial Overview
Financial Overview 9
Slide 10: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom momo CATV Total1 Telecom momo CATV Total1 2Q22 15.36 25.14 1.57 41.35 6.61 1.31 0.74 8.79 % of 37% 61% 4% 100% 75% 15% 8% 100% total 2Q22 2% 13% 1% 8% 5% -2% 2% 3% YoY 1Q22 0% 25% 0% 13% 6% 21% 1% 8% YoY 1. The sum of each account of telecom, CATV
Slide 11: Results Summary
Results Summary 2Q22 1H22 NT$bn Amount QoQ YoY Amount YoY Revenues 41.35 4% 8% 81.14 10% Cash Cost & Expense (32.56) 4% 9% (63.90) 11% Operating Income 4.39 7% 3% 8.49 8% Non-op. Income (Exp.) (0.12) 1% -12% (0.24) 87% Pre-tax Income 4.27 7% 4% 8.25 6% Net Income 2.99 10% 5% 5.72 1% EPS1 (NT$) 1.06
Slide 12: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 2Q22 1Q22 2Q21 NT$bn 2Q22 1Q22 2Q21 Total Assets 191.30 189.42 188.93 Liabilities 125.35 113.08 122.63 Current Assets 38.95 37.42 35.79 Current Liabilities 71.16 54.89 68.35 - Cash & Cash Equivalents 15.28 14.65 15.75 - ST Debts 25.67 22.34 24.14 - Receivable & Contract
Slide 13: Cash Flow Analysis
Cash Flow Analysis NT$bn 2Q22 1Q22 2Q21 Operating 7.73 6.62 10.03 Investing (4.67) (3.02) (3.40) Financing (2.44) (4.35) (2.23) NT$bn 2Q22 1Q22 2Q21 Pre-IFRS 16 Operating1 6.70 5.55 9.03 Cash CAPEX (3.73) (2.30) (3.39) Free Cash Flow 2.97 3.25 5.65 1. “Lease expenses” previously under operating acti
Slide 14: Event Updates
Event Updates 14
Slide 15: Awards and Recognitions
Awards and Recognitions Ranked No.1 by Institutional Investor in Asia (ex-China) telecommunications sector and recognized as a “Most Honored Company”; won the “Best CEO” and “Best CFO” awards and ranked in the top 3 for “Best IR Program,” “Best IR Professional” and “Best ESG.” Selected for Global Vi
Slide 16: Key Message
Key Message As our growth engines, including 5G, momo and momobile, as well as home broadband and Double Play, continue to generate thrust, we have delivered steady growth and healthy returns to our shareholders. Post T-Star merger, we expect to leverage our advantages in spectrum holdings, equipmen
Slide 17: Taiwan Mobile
SIBASAK Taiwan Mobile