Deutsche Telekom Ag · XETR:DTE

Deutsche Telekom — Q4 2019 Earnings Presentation

82 slides from Deutsche Telekom's earnings presentation, Feb 19, 2020

  1. Slide 1: Backup Q4 2019 Deutsche Telekom

    BACKUP Q4 2019 X DEUTSCHE TELEKOM Q4 2019 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 p

  2. Slide 2: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  3. Slide 3: Group at a Glance

    GROUP X AT A GLANCE Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % REVENUE Germany 5 612 5 357 5 388 5 472 5 669 1,0 21 700 21 886 0,9 United States 10 018 9 796 9 826 10

  4. Slide 4: Group at a Glance II

    GROUP AT A GLANCE II Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % EBITDA AL MARGIN (ADJUSTED FOR SPECIAL % FACTORS) (EBITDA AL / TOTAL REVENUE) Germany 38,4 39,4 40,0 4

  5. Slide 5: DT Group Excellent Market Position

    DT GROUP 1 EXCELLENT MARKET POSITION Q4 Q1 Q2 Q3 Q4 Change compared to Change compared to Note 2018 2019 2019 2019 2019 prior quarter prior year ('000) ('000) ('000) ('000) ('000) abs. % abs. % BROADBAND CUSTOMERS RETAIL(END OF PERIOD) 2,3 20 207 20 643 20 754 20 883 21 021 138 0,7 814 4,0 Germany 1

  6. Slide 6: Notes

    NOTES X DT IR BackUp Q4/19 6 / 82

  7. Slide 7: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  8. Slide 8: DT Consolidated Income Statement Adjusted for Special Factors

    1 DT CONSOLIDATED INCOME STATEMENT X ADJUSTED FOR SPECIAL FACTORS Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % NET REVENUE 20 261 19 488 19 664 20 017 21 361 5,4 75 656

  9. Slide 9: Group EBITDA Reconciliation

    1 Group X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % NET REVENUE 20 261 19 488 19 664 20 017 21 361 5,4 75 656 80 531 6,4 NET PROFIT (LOSS) (431

  10. Slide 10: DT Consolidated Income Statement As Reported

    1 DT CONSOLIDATED INCOME STATEMENT X AS REPORTED Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % NET REVENUE 20 261 19 488 19 664 20 017 21 361 5,4 75 656 80 531 6,4 Other

  11. Slide 11: Special Factors in the Consolidated Income Statement

    Group1 X SPECIAL FACTORS IN THE CONSOLIDATED INCOME STATEMENT Q4 Q1 Q2 Q3 Q4 FY FY 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € millions of € millions of € NET REVENUE 0 0 0 0 0 0 0 Other operating income 3 0 65 173 12 32 250 Changes i

  12. Slide 12: Details on Special Factors I

    1 Group X DETAILS ON SPECIAL FACTORS I Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % EFFECT ON OPERATING EXPENSES (514) (440) (627) (349) (422) 17,9 (1 529) (1 838) (20,

  13. Slide 13: Details on Special Factors II

    1 Group X DETAILS ON SPECIAL FACTORS II Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % EFFECT ON PROFIT (LOSS) FROM FINANCIAL ACTIVITIES 2 (54) 0 (1) 0 (3) 94,4 (757) (4)

  14. Slide 14: Change in the Composition of the Group in the Current Quarter

    CHANGE IN THE COMPOSITION OF THE GROUP IN THE CURRENT QUARTER X REPORTED PLUS MINUS TOTAL PRO REPORTED ORGANIC NUMBERS ACQUISITION EFFECTS DECONSOLIDATION EFFECTS EFFECT FORMA NUMBERS CHANGE Q4 Q4 2018 Total Germany United Europe Group Systems GHS Total Germany United Europe Group Systems GHS 2018 Q

  15. Slide 15: Change in the Composition of the Group in the Current Year

    CHANGE IN THE COMPOSITION OF THE GROUP IN THE CURRENT YEAR X REPORTED PLUS MINUS TOTAL PRO REPORTED ORGANIC NUMBERS ACQUISITION EFFECTS DECONSOLIDATION EFFECTS EFFECT FORMA NUMBERS CHANGE FY FY 2018 Total Germany United Europe Group Systems GHS Total Germany United Europe Group Development Systems G

  16. Slide 16: Consolidated Statement of Financial Position: Assets

    CONSOLIDATED STATEMENT OF FINANCIAL POSITION1 X ASSETS Dec. 31 Mar. 31 Jun. 30 Sep. 30 Dec. 31 Change Change compared to compared to 2018 2019 2019 2019 2019 prior quarter prior year Note millions of € millions of € millions of € millions of € millions of € % % CURRENT ASSETS 21 870 24 693 21 801 24

  17. Slide 17: Consolidated Statement of Financial Position: Liabilities and Equity

    CONSOLIDATED STATEMENT OF FINANCIAL POSITION1 X LIABILITIES AND SHAREHOLDERS' EQUITY Dec. 31 Mar. 31 Jun. 30 Sep. 30 Dec. 31 Change Change compared to compared to 2018 2019 2019 2019 2019 prior quarter prior year Note millions of € millions of € millions of € millions of € millions of € % % LIABILIT

  18. Slide 18: Provisions for Pensions

    DT GROUP PROVISIONS FOR PENSIONS 2019 2018 2017 2016 2015 millions of € millions of € millions of € millions of € millions of € FROM DEFINED BENEFIT OBLIGATION TO PROVISION IN BALANCE SHEET Present value of obligation (DBO) 1 12 290 11 590 11 462 11 427 10 753 Plan assets 2 (6 489) (6 099) (3 102) (

  19. Slide 19: Well-Balanced Maturity Profile as of December 31, 2019

    well-balanced maturity Profile as of DECEMBER 31, 2019 DT IR BackUp Q4/19 19 / 82

  20. Slide 20: Strong Liquidity Profile as of December 31, 2019

    Strong liquidity Profile as of DECEMBER 31, 2019 DT IR BackUp Q4/19 20 / 82

  21. Slide 21: DT/TMUS Funding - Credit Positive for DT

    DT/TMUS FUNDING - CREDIT POSITIVE FOR DT DT IR BackUp Q4/19 21 / 82

  22. Slide 22: Net Debt

    Group1 NET DEBT Dec. 31, Mar. 31, Jun. 30, Sep. 30, Dec. 31, Change Change compared to compared to 2018 2019 2019 2019 2019 prior quarter prior year Note millions of € millions of € millions of € millions of € millions of € % % Bonds 49 033 51 835 51 997 54 719 51 644 (5,6) 5,3 Other financial liabi

  23. Slide 23: Net Debt Development Q4 2019

    NET DEBT DEVELOPMENT Q4 2019 DT IR BackUp Q4/19 23 / 82

  24. Slide 24: DT Group Cash Capex

    DT GROUP X CASH CAPEX Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % CASH CAPEX Germany 998 1 216 1 069 1 066 999 0,1 4 240 4 349 2,6 United States 1 008 1 713 2 272 1 32

  25. Slide 25: DT Group Free Cash Flow

    1 X DT GROUP FREE CASH FLOW Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % Net profit (loss) (431) 900 944 1 368 654 n.a. 2 166 3 867 78,5 Profit (loss) attributable to n

  26. Slide 26: DT Group Personnel

    1 DT GROUP X PERSONNEL Dec. 31 Mar. 31 Jun. 30 Sep. 30 Dec. 31 Change compared to Change compared to AT REPORTING DATE Note 2018 2019 2019 2019 2019 prior quarter prior year abs. % abs. % Germany 62 621 62 358 61 552 61 181 60 501 (680) (1,1) (2 120) (3,4) United States 46 871 45 786 46 600 47 496 4

  27. Slide 27: Exchange Rates

    EXCHANGE RATES X AVERAGE Q4 FY Q1 Q2 Q3 Q4 2018 2018 2019 2019 2019 2019 1€ 1€ 1€ 1€ 1€ 1€ US Dollar (USD) 1,14122 1,18166 1,13574 1,12344 1,11184 1,10720 British pound (GBP) 0,88640 0,88471 0,87255 0,87406 0,90221 0,86027 Czech korunas (CZK) 25,86332 25,64221 25,68231 25,68528 25,73334 25,57623 Cro

  28. Slide 28: Notes

    NOTES X DT IR BackUp Q4/19 28 / 82

  29. Slide 29: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  30. Slide 30: Germany Financials

    GERMANY X FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 5 612 5 357 5 388 5 472 5 669 1,0 21 700 21 886 0,9 NET R

  31. Slide 31: Germany EBITDA Reconciliation

    GERMANY X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 5 612 5 357 5 388 5 472 5 669 1,0 21 700 21 886 0,9 TOTAL REVENUE (ADJUSTED F

  32. Slide 32: Germany Operationals

    GERMANY X OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change Note 2018 2019 2019 2019 2019 % GERMANY ACCESS LINES Fixed network ('000) 1 18 625 18 414 18 228 17 996 17 824 (4,3) retail IP-based ('000) 15 356 16 065 16 614 17 158 17 479 13,8 Broadband ('000) 1 13 561 13 608 13 636 13 683 13 730 1,2 Fiber ('000) 2 7

  33. Slide 33: Germany Revenue Split

    GERMANY X REVENUE SPLIT - PRODUCTS Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % GERMANY 5 612 5 357 5 388 5 472 5 669 1,0 21 700 21 886 0,9 FIXED NETWORK CORE BUSINESS

  34. Slide 34: Germany Magenta Mobil

    GERMANY Magenta Mobil Magenta Mobil PLANS IN € S M L XL Monthly charge (without handset) 39.95 49.95 59.95 84.95 Monthly charge (with handset) 49.95 59.95 69.95 94.95 Monthly charge (with top handset) 59.95 69.95 79.95 104.95 Monthly charge (with premium handset) ---- 79.95 89.95 114.95 Monthly char

  35. Slide 35: Germany Magenta Mobil Premium

    GERMANY Magenta Mobil Premium Premium PLANS IN € XL PREMIUM Monthly charge (with top handset) 199.95 handset upgrade period 12 months Voice and SMS 1 flat Data flat - Data Speed (download) max - Data Speed (upload) max - Data Volume until speed step down flat - Data Network 5G/LTE Streaming n.r. VoI

  36. Slide 36: Germany Mobile Options

    GERMANY Mobile Options StreamOn StreamOn Music StreamOn Music & Video StreamOn Gaming StreamOn Social&Chat Monthly charge 0 0 0 4.95 Music &Video Streaming zero-rating Music Streaming zero-rating for connected Online gaming zero-rating for connected partners, Online social media zero-rating for conn

  37. Slide 37: Magenta Zuhause via Funk

    GERMANY MAGENTA ZUHAUSE VIA FUNK (DP VIA WIRELESS) DOUBLE PLAY VIA WIRELESS Monthly Charge1 € 49,95 Data Speed (Mbit/s) 50Mbit/s Data Volume until Speed Step Down (SSD) 60GB Voice minutes € Cent/Minute fixed net national flat international from 2.9 fixed to mobile 19.0 Options Speed On €14.95 per 15

  38. Slide 38: Magenta Zuhause

    GERMANY MAGENTA ZUHAUSE MAGENTA ZUHAUSE IN € ZUHAUSE START1 ZUHAUSE S1 ZUHAUSE M1 ZUHAUSE L1 ZUHAUSE XL1 ZUHAUSE XXL1 ZUHAUSE GIGA1 24.95 34.952 39.952 44.952 54.952 69.952 119.95 16 Mbit/s bandwidth 16 Mbit/s bandwidth, flat rate Internet 50 Mbit/s bandwidth flat rate Internet usage 100 Mbit/s band

  39. Slide 39: Magenta Zuhause Hybrid

    GERMANY MAGENTA ZUHAUSE HYBRID MAGENTA ZUHAUSE HYBRID IN € ZUHAUSE S1 HYBRID ZUHAUSE M1 HYBRID ZUHAUSE L1 HYBRID 34.952 39.952 44.952 16 Mbit/s bandwidth + Hybrid LTE-Boost (up 3 50 Mbit/s bandwidth + Hybrid LTE-Boost (up to 50 100 Mbit/s bandwidth + Hybrid LTE-Boost (up to 100 to 16 Mbit/s), flat r

  40. Slide 40: Single Play

    GERMANY SINGLE PLAY SINGLE PLAY IN € CALL START CALL BASIC CALL COMFORT 21.95 21.95 31.94 voice usage per minute voice usage per minute voice flat rate (national calls) 120 minutes includes (national calls) CITY, CDL € CENT/MINUTE Peak/Off peak 2.9 flat international from 2.9 fixed to mobile 19.0 CA

  41. Slide 41: Fixed Network Overview Domestic Interconnection Tariffs

    FIXED NETWORK OVERVIEW DOM. INTERCONNECTION TARIFFS (EXCL. VAT) PEAK PEAK OFF-PEAK OFF-PEAK TERMINATION FEES IN CENT/MIN. (9:00-18:00), OLD (9:00-18:00), NEW1 (18:00-9:00), OLD (18:00-9:00), NEW1 Local 0.08 0.06 0.08 0.06 Single transit entfallen entfallen entfallen entfallen Double transit national

  42. Slide 42: Notes

    NOTES X DT IR BackUp Q4/19 42 / 82

  43. Slide 43: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  44. Slide 44: United States Financials

    UNITED STATES X FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 10 018 9 796 9 826 10 006 10 791 7,7 36 522 40 420

  45. Slide 45: United States EBITDA Reconciliation

    UNITED STATES X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 10 018 9 796 9 826 10 006 10 791 7,7 36 522 40 420 10,7 Profit (loss) f

  46. Slide 46: United States Operational

    UNITED STATES X OPERATIONAL Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % CUSTOMERS (END OF PERIOD) ('000) 79 651 81 301 83 052 84 183 86 046 8,0 79 651 86 046 8,0 Branded postpaid ('000) 4 42 519 43 538 44 646 45 720 47 034 10,6 42 519 47 034 10,6 Branded prepay ('0

  47. Slide 47: United States Operational in US-$

    UNITED STATES X OPERATIONAL IN US-$ Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % CUSTOMERS (END OF PERIOD) ('000) 79 651 81 301 83 052 84 183 86 046 8,0 79 651 86 046 8,0 Branded postpaid ('000) 4 42 519 43 538 44 646 45 720 47 034 10,6 42 519 47 034 10,6 Branded pr

  48. Slide 48: Notes

    NOTES X DT IR BackUp Q4/19 48 / 82

  49. Slide 49: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  50. Slide 50: Europe Financials

    1 EUROPE X FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 3 132 2 891 2 978 3 074 3 225 3,0 11 885 12 168 2,4 NET

  51. Slide 51: Europe EBITDA Reconciliation

    1 EUROPE EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 3 132 2 891 2 978 3 074 3 225 3,0 11 885 12 168 2,4 TOTAL REVENUE (ADJUSTED FO

  52. Slide 52: Greece Financials

    GREECE FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 736 697 720 771 756 2,7 2 888 2 943 1,9 PRODUCT VIEW 736 697

  53. Slide 53: Greece Operationals

    Greece OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 2 566 2 581 2 607 2 625 2 638 2,8 2 566 2 638 2,8 - IP Access Lines ('000) 1 894 2 191 2 458 2 597 2 636 39,2 1 894 2 636 39,2 Broadband

  54. Slide 54: Romania Financials

    ROMANIA FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 242 217 231 243 289 19,4 933 980 5,0 PRODUCT VIEW 242 217 2

  55. Slide 55: Romania Operationals

    Romania OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 1 741 1 697 1 648 1 608 1 560 (10,4) 1 741 1 560 (10,4) - IP Access lines ('000) 821 829 825 825 815 (0,7) 821 815 (0,7) Broadband Custo

  56. Slide 56: Hungary Financials

    HUNGARY FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 498 459 455 456 502 0,8 1 889 1 872 (0,9) PRODUCT VIEW 498

  57. Slide 57: Hungary Operationals

    Hungary OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 1 663 1 673 1 680 1 690 1 703 2,4 1 663 1 703 2,4 - IP Access Lines ('000) 1 636 1 646 1 655 1 666 1 679 2,6 1 636 1 679 2,6 Broadband C

  58. Slide 58: Poland Financials

    POLAND FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 390 348 366 373 399 2,3 1 526 1 486 (2,6) PRODUCT VIEW 390 3

  59. Slide 59: Poland Operationals

    Poland OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 18 18 19 19 18 0,0 18 18 0,0 - IP Accesslines ('000) 1 0 0 3 4 n.a. 1 4 n.a. Broadband Customers Retail ('000) 18 11 10 11 18 0,0 18 18 0

  60. Slide 60: Czech Republic Financials

    CZECH REPUBLIC FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 274 257 265 274 292 6,6 1 047 1 088 3,9 PRODUCT VIEW

  61. Slide 61: Czech Republic Operationals

    Czech Republic OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 1 394 430 454 477 533 35,3 394 533 35,3 - IP Access Lines ('000) 1 385 421 446 469 526 36,7 385 526 36,7 Broadband Customers Reta

  62. Slide 62: Croatia Financials

    CROATIA FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 249 220 239 252 248 (0,4) 966 960 (0,6) PRODUCT VIEW 249 22

  63. Slide 63: Croatia Operationals

    Croatia OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 931 922 916 914 908 (2,5) 931 908 (2,5) - IP Access Lines ('000) 931 922 916 913 908 (2,5) 931 908 (2,5) Broadband Customers Retail ('00

  64. Slide 64: Slovakia Financials

    SLOVAKIA FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 206 185 190 199 211 2,4 761 785 3,2 PRODUCT VIEW 206 185 1

  65. Slide 65: Slovakia Operationals

    Slovakia OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 853 854 854 855 860 0,8 853 860 0,8 - IP Access Lines ('000) 853 854 854 855 860 0,8 853 860 0,8 Broadband Customers Retail ('000) 543

  66. Slide 66: Austria Financials and Operationals

    Austria FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 334 306 315 318 337 0,9 1 055 1 276 20,9 SEGMENT VIEW 334 3

  67. Slide 67: Notes

    NOTES X DT IR BackUp Q4/19 67 / 82

  68. Slide 68: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  69. Slide 69: Systems Solutions Financials

    SYSTEMS SOLUTIONS FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 1 842 1 630 1 673 1 657 1 845 0,2 6 936 6 805 (1,

  70. Slide 70: Systems Solutions EBITDA Reconciliation

    SYSTEMS SOLUTIONS X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 1 842 1 630 1 673 1 657 1 845 0,2 6 936 6 805 (1,9) Profit (loss) f

  71. Slide 71: Notes

    NOTES X DT IR BackUp Q4/19 71 / 82

  72. Slide 72: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  73. Slide 73: Group Development Financials

    GROUP DEVELOPMENT X 1 FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 578 682 683 704 729 26,1 2 185 2 797 28,0 Net

  74. Slide 74: Group Development EBITDA Reconciliation

    GROUP DEVELOPMENT X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 578 682 683 704 729 26,1 2 185 2 797 28,0 Profit (loss) from operat

  75. Slide 75: Netherlands Financials

    NETHERLANDS 1 FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 360 461 458 479 513 42,5 1 322 1 910 44,5 PRODUCT VIE

  76. Slide 76: Netherlands Operationals

    Netherlands X 1 OPERATIONALS Q4 Q1 Q2 Q3 Q4 Change FY FY Change Note 2018 2019 2019 2019 2019 % 2018 2019 % FIXED NETWORK (END OF PERIOD) Fixed network Access Lines ('000) 241 557 578 601 619 n.a. 241 619 n.a. - IP ('000) 241 557 578 601 619 n.a. 241 619 n.a. Broadband Customers ('000) 241 557 578 6

  77. Slide 77: Notes

    NOTES X DT IR BackUp Q4/19 77 / 82

  78. Slide 78: Content

    CONTENT X DT GERMANY SYSTEMS SOLUTIONS At a Glance 3 Financials 30 Financials 69 Excellent market position 5 EBITDA reconciliation 31 EBITDA reconciliation 70 Operationals & Mobile Communication KPIs 32 GROUP Additional information 33 GROUP DEVELOPMENT Adjusted for special factors 8 Financials 73 EB

  79. Slide 79: Group Headquarters & Group Services Financials

    GROUP HEADQUARTERS & GROUP SERVICES FINANCIALS (ADJUSTED FOR SPECIAL FACTORS) Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 640 651 678 633 658 2,8 2 735 2

  80. Slide 80: Group Headquarters & Group Services EBITDA Reconciliation

    GROUP HEADQUARTERS & GROUP SERVICES X EBITDA RECONCILIATION Q4 Q1 Q2 Q3 Q4 Change FY FY Change 2018 2019 2019 2019 2019 2018 2019 Note millions of € millions of € millions of € millions of € millions of € % millions of € millions of € % TOTAL REVENUE 640 651 678 633 658 2,8 2 735 2 620 (4,2) Profit

  81. Slide 81: Notes

    NOTES X DT IR BackUp Q4/19 81 / 82

  82. Slide 82: DTAG Glossary and Disclaimer

    DTAG X 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

Deutsche Telekom — Q4 2019 Earnings Presentation on 6ix