Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q4 2008 Earnings Presentation
94 slides from Deutsche Telekom's earnings presentation, March 2009
Slide 1: Backup Q4 2008. Deutsche Telekom.
Backup Q4 2008. Deutsche Telekom. Check out our IR website www.telekom.com/investor-relations for: This backup in .pdf and excel-format The IR calendar Detailed information for debt investors Shareholder structure Corporate governance For further information on the business units please refer to: ww
Slide 2: Notes
Notes. Page 2
Slide 3: Content
Content. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statemen 11 Key figures adjusted for special
Slide 4: At a Glance I
At a Glance I. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue Broadband/Fixed Network 5.577 5.382 5.291 5.314 5.344 -4,2% 22.690 21.331 -6,0% Mobile Communications 8.811 8.445 8.678 9.028 9.435 7,1% 34.736 35.586 2,4% Mobile Europa 5.325 4.992 5.187 5.381 5.10
Slide 5: At a Glance II
At a Glance II. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. EBITDA margin excluding special factors Broadband/Fixed Network 36,3% 35,4% 36,0% 35,0% 33,0% -3,3%p 34,2% 34,8% 0,6%p Mobile Communications 28,4% 31,5% 32,8% 34,0% 29,9% 1,5%p 30,9% 32,0% 1,1%p Mobile Europa 29
Slide 6: Excellent market position
Excellent market position. Delta q.o.q. Delta y.o.y. millions1 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 abs. % abs. % Broadband lines (total)2,3 13,9 14,4 14,6 14,8 15,0 0,2 1,4% 1,1 7,9% of which domestic 12,5 13,0 13,1 13,2 13,3 0,1 0,8% 0,8 6,4% of which: resale 4 3,5 3,4 3,2 2,9 2,5 -0,4 -13
Slide 7: DT Group
DT Group. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statement 11 Key figures adjusted for speci
Slide 8: DT consolidated income statement. Adjusted for special factors
DT consolidated income statement. Adjusted for special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Net revenue 15.795 14.978 15.125 15.454 16.109 2,0% 62.516 61.666 -1,4% Cost of sales -8.747 -8.280 -8.131 -8.117 -9.127 -4,3% -34.085 -33.655 1,3% Gross profit 7.
Slide 9: DT Group. EBITDA reconciliation
DT Group. EBITDA reconciliation. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Net revenue 15.795 14.978 15.125 15.454 16.109 62.516 61.666 Net profit (loss) -750 924 394 895 -730 571 1.483 + Profit (loss) attributable to minority interests 84 135 154 186 66 509 541 = Profit (loss) after in
Slide 10: DT consolidated income statement. Unadjusted
DT consolidated income statement. Unadjusted. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Net revenue 15.795 14.978 15.125 15.454 16.109 2,0% 62.516 61.666 -1,4% Cost of sales -9.520 -8.322 -8.342 -8.248 -9.680 -1,7% -35.337 -34.592 2,1% Gross profit 6.275 6.656 6.783 7.
Slide 11: Special factors in the consolidated income statement
DT Group. Special factors in the consolidated income statement. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Net revenue 0 0 0 0 0 0 0 Cost of sales -773 -42 -211 -131 -553 -1.252 -937 Gross profit -773 -42 -211 -131 -553 -1.252 -937 Selling expenses -404 -89 -20 -13 -363 -498 -485 General
Slide 12: Details on special factors I
DT Group. Details on special factors I. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Effect on operating expenses -2.224 -220 -289 -368 -1.413 -3.220 -2.290 of which: expenses / income for early retirement (civil servants) -1.270 0 -55 0 -161 -1.202 -216 of which: expenses for severance pa
Slide 13: Details on special factors II
DT Group. Details on special factors II. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 1 Effect on profit (loss) from financial activitie -5 -43 -21 -34 -554 -9 -652 Effect on profit (loss) before income taxes -2.140 226 -315 -394 -1.949 -2.810 -2.432 Effect on taxes 558 -51 73 98 341 364 4
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 effects1 Deconsolidation effects5 effect Forma Pro Q4/08 Q4 Q4 2008 Mobile Mobile forma reported millions of€ 2007 Total Europe2 USA3 BB/FN4 Total BB/FN6 BC7 GHS8 Q4/08 Q4/07 N
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 effects1 Deconsolidation effects5 effect Forma Pro FY08 FY FY 2008 Mobile Mobile forma reported millions of€ 2007 Total Europe2 USA3 BB/FN4 Total BB/FN6 BC.7 GHS8 FY08 FY07 Net r
Slide 16: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets 1. billions of€ 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 % y.o.y. Current assets 15,9 16,1 15,6 16,3 15,9 -0,2% Cash and cash equivalents 2,2 2,3 2,0 3,1 3,0 37,5% Trade and other receivables 7,7 7,1 7,3 7,4 7,4 -3,9% Current recoverable income taxes 0,2 0,2 0,
Slide 17: Consolidated balance sheet. Shareholders' equity and liabilities
Consolidated balance sheet. Shareholders' equity and liabilities 1. billions of€ 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 % y.o.y. Liabilities 75,4 73,8 78,0 78,6 80,0 6,1% Current liabilities 23,2 22,4 25,0 22,7 24,9 7,1% Financial liabilities 9,1 9,2 11,5 9,4 10,2 12,5% Trade and other payable
Slide 18: Maturity profile
Maturity profile. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as per December 31, 2008 ( € billion) bn. € 6,0 5,0 •Total €4.4 billion bond maturities in 4,0 2009 •Sufficient unused bilateral credit lines 3,0 •Funding 2009 done so far: 5,0 •Eurobond: €2 billion 4,4 4,4 4,6 •Sch
Slide 19: Liquidity reserves as of December 31, 2008
Liquidity reserves as of December 31, 2008. € billion 80 Liquidity reserves ( € billion) 20.0 70 Unused bilateral credit lines 16.3 60 Assets 3.7 20.0 50 40 58.2 30 20 38.2 Total line availability 10 Liquidity reserves 0 DT Group net debt Page 19
Slide 20: Debt to net debt reconciliation
Debt to net debt reconciliation. millions of€ 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 % q.o.q. % y.o.y. Bonds 32.294 31.712 32.249 35.691 34.302 -3,9% 6,2% Other financial liabilities 8.568 8.541 12.000 8.733 9.145 4,7% 6,7% Gross debt 40.862 40.253 44.249 44.424 43.447 -2,2% 6,3% Cash and cash
Slide 21: Cash capex
Cash capex1. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. 2 Broadband/Fixed Network 920 623 578 698 1.235 34,2% 2.805 3.134 11,7% Mobile Communications 1.392 951 979 1.051 1.456 4,6% 3.896 4.437 13,9% Mobile Europa 698 471 318 395 713 2,1% 1.938 1.897 -2,1% Mobile USA 694
Slide 22: Free cash flow
Free cash flow. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Net profit (loss) -750 924 394 895 -730 2,7% 571 1.483 n.a. Profit (loss) attributable to minority interests 84 135 154 186 66 -21,4% 509 541 6,3% Profit (loss) after income taxes -666 1.059 548 1.081 -664 0,3%
Slide 23: Personnel
Personnel1. End of period 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 Delta q.o.q. Delta y.o.y. abs. % abs. % BBFN 93.486 96.687 94.031 93.073 89.783 -3.290 -3,5% -3.703 -4,0% Mobile Communications 66.054 65.016 65.270 66.037 67.588 1.551 2,3% 1.534 2,3% Mobile Europa 32.304 29.332 29.145 29.295 29
Slide 24: Exchange rates
Exchange rates. Average. € Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 1 U.S dollar (USD) 0,69071 0,66738 0,63995 0,66437 0,75903 0,72974 0,67976 1 British pound (GBP) 1,41335 1,32058 1,26065 1,25765 1,19347 1,46142 1,25601 100 Czechs korunas (CZK) 3,72764 3,91072 4,02570 4,15002 3,94790 3,60154 4,008
Slide 25: Notes
Notes. Page 25
Slide 26: Mobile Communications
Mobile Communications. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statement 11 Key figures adjus
Slide 27: T-Mobile Adjusted for special influences
T-Mobile Adjusted for special influences € million Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 8.811 8.445 8.678 9.028 9.435 7,1% 34.736 35.586 2,4% Net revenue 8.638 8.292 8.511 8.850 9.267 7,3% 34.050 34.920 2,6% ARPU revenue 7.732 7.569 7.805 8.086 8.277 7,0% 30.888
Slide 28: T-Mobile EBITDA Reconciliation
T-Mobile EBITDA Reconciliation € million Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 8.811 8.445 8.678 9.028 9.435 7,1% 34.736 35.586 2,4% Profit (loss) from operations = EBIT 734 1.260 1.446 1.690 1.091 48,6% 4.453 5.487 23,2% - Depreciation and amortization -1.655 -1.
Slide 29: T-Mobile Unadjusted
T-Mobile Unadjusted € million Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 8.811 8.445 8.678 9.028 9.435 7,1% 34.736 35.586 2,4% Net revenue 8.638 8.292 8.511 8.850 9.267 7,3% 34.050 34.920 2,6% ARPU revenue 7.732 7.569 7.805 8.086 8.277 7,0% 30.888 31.737 2,7% EBITDA 2.
Slide 30: T-Mobile Special influences
T-Mobile Special influences € million Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Effects on EBITDA -117 -3 -27 -39 -85 -147 -154 - of which restructuring1 -133 -3 -27 -37 -76 -147 -143 - of which other 16 0 0 -2 -9 0 -11 Effects on Operating Results = EBIT -263 -3 -27 -39 -334 -474 -403 - of which ef
Slide 31: T-Mobile Customer Summary - proforma
T-Mobile Customer Summary - proforma - '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. Germany 1 35.952 37.111 38.399 38.800 39.101 8,8% United Kingdom 2 17.311 17.124 16.794 16.802 16.786 -3,0% Poland 12.998 12.986 12.830 13.013 13.273 2,1% Austria 3.273 3.287 3.298 3.333 3.402 3,9% Czech Republic 5.27
Slide 32: T-Mobile Customer Summary
T-Mobile Customer Summary '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. Germany 1 35.952 37.111 38.399 38.800 39.101 8,8% United Kingdom 2 17.311 17.124 16.794 16.802 16.786 -3,0% Poland 12.998 12.986 12.830 13.013 13.273 2,1% Austria 3.273 3.287 3.298 3.333 3.402 3,9% Czech Republic 5.271 5.273 5.313
Slide 33: T-Mobile Germany (TMD)
T-Mobile T-Mobile Germany (TMD) '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 1 35.952 37.111 38.399 38.800 39.101 8,8% 35.952 39.101 8,8% - Contract 16.054 16.264 16.468 16.739 17.009 5,9% 16.054 17.009 5,9% - Prepay 19.897 20.846 21.931 22.061 22.093 11
Slide 34: T-Mobile: Relax Plans. Germany
T-Mobile: Relax Plans. Germany. Relax plans in € Relax 50 Relax 200 Relax 1000 Monthly charge (without handset) 9.95 29.95 59.95 Monthly charge (with handset) 19.95 39.95 69.95 includes national voice minutes 50 200 1000 (on-net, fixed net, other mobile networks) Voicemai free free free Additional m
Slide 35: 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 free
Slide 36: 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 7.00 Montly charge (with handset) 24.95 39.95 89.95 use minimum Rates per minute national: optional -mobile to national fixed net 0.29 free
Slide 37: 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 Connect 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
Slide 38: T-Mobile: Mobile Data Plans (mobile phone). Germany
T-Mobile: Mobile Data Plans (mobile phone). Germany. Web'n'walk plans1 in € web'n'walk Starter2 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, C
Slide 39: T-Mobile USA
T-Mobile T-Mobile USA '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 1 28.685 30.798 31.466 32.136 32.758 14,2% 28.685 32.758 14,2% - Contract 23.914 25.721 26.246 26.539 26.806 12,1% 23.914 26.806 12,1% - Prepay 4.771 5.077 5.220 5.597 5.952 24,8% 4.771 5
Slide 40: T-Mobile USA (USD)
T-Mobile T-Mobile USA USD Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue (million) 5.066 5.185 5.467 5.504 5.719 12,9% 19.282 21.876 13,5% ARPU revenue (million) 4.257 4.455 4.735 4.787 4.780 12,3% 16.460 18.758 14,0% Adj. EBITDA (million) 2 1.327 1.447 1.610 1.563 1.588 1
Slide 41: Individual myFaves Plans. T-Mobile USA
Individual myFaves Plans. sm T-Mobile USA. Whenever Weekend/Night myFaves Monthly charge Minutes1 Minutes 2,3 Minutes4 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 m
Slide 42: Individual Voice Plans. T-Mobile USA
Individual Voice Plans. T-Mobile USA. Get great value with the most minutes. Weekend/Night Monthly charge Whenever Minutes1 Minutes2,3 Unlimited Individual Basic $ 29.99 300 weekends Individual Value $ 39.99 600 Unlimited Individual Prime $ 39.99 1000 None Individual Plus $ 49.99 1000 Unlimited Indi
Slide 43: T-Mobile UK
T-Mobile T-Mobile UK '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 1 17.311 17.124 16.794 16.802 16.786 -3,0% 17.311 16.786 -3,0% - Contract 3.880 3.861 3.917 4.013 4.056 4,5% 3.880 4.056 4,5% - Prepay1 13.431 13.263 12.877 12.789 12.730 -5,2% 13.431 12.7
Slide 44: T-Mobile UK (GBP)
T-Mobile T-Mobile UK '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 1 17.311 17.124 16.794 16.802 16.786 -3,0% 17.311 16.786 -3,0% - Contract 3.880 3.861 3.917 4.013 4.056 4,5% 3.880 4.056 4,5% - Prepay1 13.431 13.263 12.877 12.789 12.730 -5,2% 13.431 12.7
Slide 45: 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 30 £ 30 £ 140 700 minutes 1400 texts included Flext 35 £ 35 now £ 25 £ 200 1,000 minutes 2,000 texts not included Flext 35 £ 35 £ 200 1,000 minutes 2
Slide 46: Combi. Our best fixed package
Combi. Our best fixed package. Monthly charge 18 months term Monthly charge excluding mobile contract including mobile Internet 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 47: 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 48: PTC (Poland)
T-Mobile PTC (Poland) '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 12.998 12.986 12.830 13.013 13.273 2,1% 12.998 13.273 2,1% - Contract 5.409 5.599 5.807 6.044 6.327 17,0% 5.409 6.327 17,0% - Prepay 7.590 7.388 7.023 6.969 6.946 -8,5% 7.590 6.946 -8,5%
Slide 49: PTC (Poland) PLN
T-Mobile PTC (Poland) '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 12.998 12.986 12.830 13.013 13.273 2,1% 12.998 13.273 2,1% - Contract 5.409 5.599 5.807 6.044 6.327 17,0% 5.409 6.327 17,0% - Prepay 7.590 7.388 7.023 6.969 6.946 -8,5% 7.590 6.946 -8,5%
Slide 50: T-Mobile Austria
T-Mobile T-Mobile Austria '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 3.273 3.287 3.298 3.333 3.402 3,9% 3.273 3.402 3,9% - Contract 2.133 2.173 2.191 2.223 2.270 6,4% 2.133 2.270 6,4% - Prepay 1.141 1.114 1.107 1.111 1.132 -0,8% 1.141 1.132 -0,8% Net a
Slide 51: T-Mobile Czech Republic
T-Mobile T-Mobile Czech Republic '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 5.271 5.273 5.313 5.392 5.422 2,9% 5.271 5.422 2,9% - Contract 2.228 2.293 2.372 2.467 2.499 12,2% 2.228 2.499 12,2% - Prepay 3.044 2.980 2.941 2.925 2.922 -4,0% 3.044 2.922 -4
Slide 52: T-Mobile Netherlands
T-Mobile T-Mobile Netherlands '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 4.889 5.166 5.278 5.327 5.309 8,6% 4.889 5.309 8,6% - Contract 2.090 2.123 2.153 2.229 2.259 8,1% 2.090 2.259 8,1% - Prepay 2.799 3.043 3.125 3.097 3.049 8,9% 2.799 3.049 8,9% Net
Slide 53: T-Mobile Hungary
T-Mobile T-Mobile Hungary '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 4.853 4.928 5.082 5.156 5.362 10,5% 4.853 5.362 10,5% - Contract 1.794 1.843 1.898 1.975 2.066 15,2% 1.794 2.066 15,2% - Prepay 3.060 3.086 3.184 3.181 3.295 7,7% 3.060 3.295 7,7% Net
Slide 54: T-Mobile HR (Croatia)
T-Mobile T-Mobile HR (Croatia) '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 2.385 2.453 2.543 2.620 2.690 12,8% 2.385 2.690 12,8% - Contract 685 720 750 774 811 18,4% 685 811 18,4% - Prepay 1.700 1.733 1.793 1.846 1.879 10,5% 1.700 1.879 10,5% Net adds 1
Slide 55: T-Mobile Slovensko (Slovakia)
T-Mobile T-Mobile Slovensko (Slovakia) '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 2.367 2.335 2.330 2.317 2.347 -0,8% 2.367 2.347 -0,8% - Contract 1.171 1.211 1.251 1.287 1.359 16,1% 1.171 1.359 16,1% - Prepay 1.197 1.124 1.079 1.030 988 -17,5% 1.197 9
Slide 56: T-Mobile Macedonia
T-Mobile T-Mobile Macedonia '000 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Customers (end of period) 1.213 1.224 1.251 1.301 1.379 13,7% 1.213 1.379 13,7% - Contract 281 301 322 332 361 28,5% 281 361 28,5% - Prepay 932 924 929 969 1.018 9,2% 932 1.018 9,2% Net adds 147 12 27 50 78
Slide 57: Notes
Notes. Page 57
Slide 58: Notes
Notes. Page 58
Slide 59: Broadband/Fixed Network
Broadband/Fixed Network. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statement 11 Key figures adj
Slide 60: Broadband/Fixed Network. Adjusted for special factors
Broadband/ Fixed Network. Adjusted for special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y FY/07 FY/08 % y.o.y Total revenue 5.577 5.382 5.291 5.314 5.344 -4,2% 22.690 21.331 -6,0% Domestic 4.982 4.830 4.729 4.709 4.787 -3,9% 20.078 19.055 -5,1% International 602 564 575 620 570 -5,3
Slide 61: Broadband/Fixed Network. EBITDA reconciliation
Broadband/ Fixed Network. EBITDA reconciliation. millions of€ Q4/07 FY/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Total revenue 5.577 22.690 5.382 5.291 5.314 5.344 22.690 21.331 Profit (loss) from operations = EBIT 398 3.250 909 837 930 238 3.250 2.914 Depreciation, amortization and - impairment losses
Slide 62: Broadband/Fixed Network. Unadjusted
Broadband/ Fixed Network. Unadjusted. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y FY/ 07 FY/08 % y.o.y Total revenue 5.577 5.382 5.291 5.314 5.344 -4,2% 22.690 21.331 -6,0% Domestic 4.982 4.830 4.729 4.709 4.787 -3,9% 20.078 19.055 -5,1% International 602 564 575 620 570 -5,3% 2.654 2.329 -12
Slide 63: Broadband/Fixed Network. Special factors
Broadband/ Fixed Network. Special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 FY/07 FY/08 Effects on EBITDA -702 -96 -183 -69 -555 -845 -903 Domestic -697 -101 -171 -63 -536 -1.142 -871 of which personnel related -626 -8 -161 -60 -458 -1.026 -687 International -5 5 -12 -6 -19 297 -32 of whic
Slide 64: Key operational performance - Broadband
Broadband/ Fixed Network.1 Key operational performance - Broadband (excl. T-Online France/Spain). Thousands 31/12/07 31/03/08 31/06/08 31/09/08 31/12/08 y.o.y.% q.o.q.% 1/2 Broadband access lines in operation (total 13.927 14.446 14.617 14.755 15.047 8,0% 2,0% of which Retail 10.186 10.817 11.215 11
Slide 65: Key operational performance - Fixed-network lines
Broadband/ Fixed Network. Key operational performance - Fixed-network lines (excl. T-Online France/ Spain). Thousands 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 y.o.y.% q.o.q.% Fixed-network lines (total)1 36.554 35.877 35.222 34.578 33.823 -7,5% -2,2% Domestic2 31.055 30.473 29.820 29.246 28.561
Slide 66: Broadband/Fixed Network International. Key financial figures
Broadband/ Fixed Network International. Key financial figures. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 y.o.y.% FY/07 FY/08 y.o.y.% International (total1/3 Total revenue 602 564 575 620 570 -5,3% 2.654 2.329 -12,2% Total adj. EBITDA 232 239 248 268 215 -7,3% 979 970 -0,9% Total adj. EBITDA margin
Slide 67: BBFN: International. Key financial figures in local currency
BBFN: International (Eastern Europe only). Key financial figures in local currency. millions Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 y.o.y.% FY/07 FY/08 y.o.y.% 1 Magyar Telekom (MT (HUF) Revenue 76.886 72.739 71.316 74.683 71.786 -6,6% 307.370 290.524 -5,5% Adj. EBITDA 30.652 31.596 29.972 33.768 26.615 -13,
Slide 68: BBFN: Domestic. Revenue split
BBFN: Domestic.1 Revenue split. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 y.o.y.% FY/07 FY/08 y.o.y.% Domestic (total)2 4.982 4.830 4.729 4.709 4.787 -3,9% 20.078 19.055 -5,1% of which network communications 2.390 2.318 2.292 2.219 2.197 -8,1% 10.138 9.026 -11,0% thereof narrowband access 1.794 1.7
Slide 69: BBFN: Domestic. Call minutes and call revenues
BBFN: Domestic. Call minutes and call revenues. 1 Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 y.o.y.% FY/07 FY/08 y.o.y.% 2 Minutes (billions) Total 26.40 26.81 25.12 24.75 26.41 0,0% 102.19 103.09 0,9% City/local 14.69 14.89 13.59 13.20 14.33 -2,5% 57.07 56.01 -1,9% Long distance 9.06 9.19 8.66 8.63 9.10 0,4% 34
Slide 70: T-Home domestic. Complete Packages
T-Home domestic. Complete Packages 1,2,3 Standard Standard Universal Standard voice usage up to 120 up to 240 flat rate within per minute minutes minutes Germany within within Germany Germany from € 17.95 € 19.95 € 27.95 from € 29.95 Cent/Minute Off peak 2.9 0/2.9 0 City Peak 2.9 0/2.9 0 Off peak 2.
Slide 71: T-Home domestic. Complete Packages
T-Home domestic. Complete Packages1,2,3 bandwidth DSL bandwidth DSL bandwidth DSL bandwidth DSL Bandwidth DSL 2 Mbit/s, voice and 2 Mbit/s, flat rate 2 Mbit/s, flat rate 6 Mbit/s, flat rate 16 Mbit/s, flat rate Internet usage per Internet usage voice usage Internet usage and Internet usage and flat
Slide 72: T-Home domestic. Complete Packages
T-Home domestic. Complete Packages 1,2,3 bandwidth DSL bandwidth DSL bandwidth DSL 16 Mbit/s plus, flat 16 Mbit/s plus, flat rate 16 Mbit/s plus, flat rate rate internet usage and internet usage and flat Internet usage and flat flat rate voice usage, rate voice usage, video rate voice usage, video o
Slide 73: Overview dom. interconnection tariffs
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 nati
Slide 74: Broadband/Fixed Network. Personnel development
Broadband/ Fixed Network. Personnel development . Year end/quarter end Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 y.o.y.% FY/07 FY/ 08 Δ y.o.y. y.o.y.% Number of employees (total 93.486 96.687 94.031 93.073 89.783 -4,0% 93.486 89.783 -3.703 -4,0% Domestic1 76.990 80.941 78.656 77.780 74.663 -3,0% 76.990 74.663 -
Slide 75: Broadband/Fixed Network. Entertainment and voice packages
Broadband/ Fixed Network. Entertainment Included Access to Video on demand ● ● ● ● ● ● Basic TV channels ● ● ● ● ● ● TV archive of selected TV channels ● ● ● ● ● ● TV electronic program guide ● ● ● ● ● ● VCR including time shift function ● ● ● ● ● ● Web Radio ● ● ● ● ● ● Mediatheken ● ● ● ● ● ● Prog
Slide 76: Notes
Notes. Page 76
Slide 77: Notes
Notes. Page 77
Slide 78: Business Customers
Business Customers. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statement 11 Key figures adjusted
Slide 79: T-Systems Adjusted for special factors
T-Systems Adjusted for special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 3.202 2.603 2.667 2.716 3.024 -5,6% 11.987 11.010 -8,2% of which: international 697 593 645 669 785 12,6% 2.506 2.692 7,4% Net revenue 2.365 2.025 2.057 2.069 2.305 -2,5% 8.
Slide 80: T-Systems EBITDA reconciliation
T-Systems EBITDA reconciliation. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 3.202 2.603 2.667 2.716 3.024 -5,6% 11.987 11.010 -8,2% Profit (loss) from operations = EBIT (unadj.) -427 479 -65 -7 -413 3,3% -323 -6 98,1% Depreciation, amortization and impairm
Slide 81: T-Systems Unadjusted
T-Systems Unadjusted. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 3.202 2.603 2.667 2.716 3.024 -5,6% 11.987 11.010 -8,2% Net revenue 2.365 2.025 2.057 2.069 2.305 -2,5% 8.971 8.456 -5,7% EBITDA -176 673 136 190 -200 -13,6% 584 799 36,8% EBITDA margin -5,5%
Slide 82: T-Systems Special factors
T-Systems Special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Effect on EBITDA -406 467 -58 -23 -437 -7,6% -478 -51 89,3% of which restructuring provisions (EBITDA) -406 467 -58 -23 -437 -7,6% -448 -51 88,6% of which restructuring provisions (EBIT) -406 467 -58
Slide 83: T-Systems Computing & Desktop Services
T-Systems Computing & Desktop Services. Computing & Desktop Services. Financial (millions of €) Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 1.128 869 866 945 1.108 -1,8% 4.166 3.788 -9,1% Adj. EBITDA 149 163 125 119 130 -12,8% 741 537 -27,5% Adj. EBITDA margin 13,2% 18,
Slide 84: T-Systems Systems Integration
T-Systems Systems Integration. Systems Integration. Financial (millions of €) Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 473 414 440 413 449 -5,1% 1.711 1.715 0,2% Adj. EBITDA 15 12 18 22 39 n.a. 63 91 44,4% Adj. EBITDA margin 3,2% 2,9% 4,1% 5,3% 8,7% 5,5 pp 3,7% 5,3%
Slide 85: T-Systems Telecommunications
T-Systems Telecommunications. Telecommunications. Financial (millions of €) Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 1.601 1.320 1.361 1.358 1.467 -8,4% 6.110 5.507 -9,9% Adj. EBITDA 66 31 51 72 68 3,0% 258 222 -14,0% Adj. EBITDA margin 4,1% 2,3% 3,7% 5,3% 4,6% 0,5 p
Slide 86: Notes
Notes. Page 86
Slide 87: Notes
Notes. Page 87
Slide 88: GHS
GHS. At a glance 4 Netherlands 52 Excellent market position 6 Hungary 53 Croatia 54 Group Slovakia 55 Adjusted income statement 8 Macedonia 56 EBITDA reconciliation 9 Unadjusted income statement 10 Broadband/Fixed Network Special factors in the income statement 11 Key figures adjusted for special fa
Slide 89: Group Headquarters & Shared Services. Adjusted for special factors
Group Headquarters & Shared Services. Adjusted for special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 962 884 915 928 846 -12,1% 3.868 3.573 -7,6% Net revenue 129 150 154 164 131 1,6% 423 599 41,6% EBITDA -117 -25 -40 156 -122 -4,3% -108 -31 71,3%
Slide 90: Group Headquarters & Shared Services. EBITDA reconciliation
Group Headquarters & Shared Services. EBITDA reconciliation. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 962 884 915 928 846 -12,1% 3.868 3.573 -7,6% Profit (loss) from operations = EBIT -1.107 -277 -305 -260 -356 67,8% -1.973 -1.198 39,3% Depreciation, amo
Slide 91: Group Headquarters & Shared Services. Unadjusted
Group Headquarters & Shared Services. Unadjusted. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 % y.o.y. FY/07 FY/08 % y.o.y. Total revenue 962 884 915 928 846 -12,1% 3.868 3.573 -7,6% Net revenue 129 150 154 164 131 1,6% 423 599 41,6% EBITDA -822 -100 -55 -72 -140 83,0% -1.006 -367 63,5% of which: Viv
Slide 92: Group Headquarters & Shared Services. Special factors
Group Headquarters & Shared Services. Special factors. millions of€ Q4/07 Q1/08 Q2/08 Q3/08 Q4/08 Effect on EBITDA -705 -75 -15 -228 -18 of which: transfer payments to Vivento 41 0 0 0 0 Provisions for staff reduction, severance payments and others -746 -75 -25 -228 -18 Effects on profit (loss) from
Slide 93: Vivento. Results of efficient processes
Vivento. Results of efficient processes. End of period1 31/12/07 31/03/08 30/06/08 30/09/08 31/12/08 Transfers to Vivento (cumulative) 38.600 39.300 39.800 40.500 41.100 Left Vivento (cumulative) 28.300 30.900 31.600 32.000 32.900 of which left the DT Group (cumulative) 17.400 19.800 20.300 20.700 2
Slide 94: 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