Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Q1 FY16 Earnings Presentation
11 slides from Vodafone Qatar Qsc's earnings presentation, Jul 30, 2015
Slide 1: Vodafone Qatar Q.S.C Financial Results
Vodafone Qatar Q.S.C Financial Results Year ended 30 June 2015 30 July 2015
Slide 2: Disclaimer
Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation con
Slide 3: Financial Summary
Financial Summary For the three months ended 30 June 2015 QR m 3 months YoY (unless otherwise stated) to June 15 Growth • Overall: negative growth principally due to impact of permanent competitor-led price Mobile Customers (000) 1,420 5% reductions from Q2 of previous year Total Revenue 538 (8%) •
Slide 4: Mobile Customers (000)
Mobile Customers (000) +5% 1,420 • 5% growth in customers to 1.42m 1,354 – 46k customers added 125 171 Postpaid subs – 9% population growth 1,147 Prepaid subs 98 • Postpaid customers account for 12% of the total base – growth achieved in both Consumer and 878 Enterprise segments 761 1,229 1,250 1,04
Slide 5: Revenues (QR m)
Revenues (QR m) -8% 585 • 8% decrease in Revenues primarily from full year 538 impact of aggressive price competition in prepaid Prepaid 87 segment causing significant ARPU erosion Postpaid 459 87 Other 61 105 • Postpaid segment delivers 8% growth driven by 350 113 Enterprise performance through str
Slide 6: EBITDA & Distributable Profits (QR m)
EBITDA & Distributable Profits (QR m) -31% • 31% reduction in EBITDA: 159 − aggressive prepaid price environment driving lower revenues EBITDA EBITDA Margin − increased network spend and business Distributable Profit expansion 110 − one-offs in previous period 99 73 • Lower EBITDA margin resulting f
Slide 7: CAPEX (QR m)
CAPEX (QR m) -64% 146 • Lower capex spend following completion of Phase I of network modernization program CAPEX Intensity • Phase II to commence in Q2 89 64 52 30% 31 25% 18% 10% 7% Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 7 Q1 FY16 Financial Results Presentation
Slide 8: Financing Position (QR m)
Financing Position (QR m) 985 904 • Improved Net Financing position 815 762 • Sharia compliance through refinancing existing (53) intercompany credit facilities into a single $330m, 5- 633 year term Wakala Facility • Headroom of QR 193m on current wakala facility Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 8
Slide 9: Appendices
Appendices 9
Slide 10: Financial Summary
Financial Summary 3 months to 3 months to 3 months to 3 months to 3 months to YoY Jun-11 Jun-12 Jun-13 Jun-14 Jun-15 Growth QRm QRm QRm QRm QRm % Total Revenue 291 350 459 585 538 (8%) EBITDA 31 51 99 159 110 (31%) Net Loss (122) (118) (85) (27) (100) (264%) Distributable Profit (21) (18) 16 73 1 (9
Slide 11: Contact Details
Contact Details Visit our website for more information Investor and Media Queries Yaman Al-Jundi Lana Khachan Investor Relations Media Relations yaman.aljundi@vodafone.com lana.khachan@vodafone.com +974 7777 5562 +974 7777 5787 www.vodafone.qa/en/investor-relations 11