Kt Corporation · KRX:030200
Kt — FY2019 Earnings Presentation
16 slides from Kt's earnings presentation, Feb 6, 2020
Slide 1: KT 2019 Earnings Release
KT 2019 Earnings ReleaseKT 2019 Earnings Release
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward- looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 AppendixContents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix
Slide 4: Financial Highlights: Income Statement
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) □ Operating Revenue 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY KRW 24.3tn, YoY +3.8% Operating Revenue 5,994.5 6,213.7 6,195.5 -0.3% 3.4% 23,460.1 24,342.0 3.8% § Service Revenue KRW 20.2tn, YoY +1.3% Service Revenue 5,021.1 5,
Slide 5: Financial Highlights: Operating Expenses
K-IFRS / Consolidated 1-2 Financial Highlights Operating Expenses (Unit: KRW bn) □ Operating Expenses 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY KRW 23.2tn, YoY +4.5% Operating Expenses 5,898.7 5,901.2 6,047.2 2.5% 2.5% 22,198.6 23,191.0 4.5% § Labor Cost KRW 3.95tn, YoY +2.7% Labor Cost 1,006.1 959.4 1,0
Slide 6: Financial Highlights: Financial Position
K-IFRS / Consolidated 1-3 Financial Highlights Financial Position (Unit: KRW bn) 4Q 18 3Q 19 4Q 19 QoQ YoY □ Debt Position § Borrowings: KRW 7.30tn Assets 32,188.8 33,661.3 34,061.3 1.2% 5.8% 2,703.4 2,128.4 2,305.9 Cash & Cash Equivalents 8.3% -14.7% § Net Debt: KRW 4.99tn Liabilities 17,457.6 18,4
Slide 7: Financial Highlights: CAPEX
K-IFRS / Separate 1-4 Financial Highlights CAPEX (Unit: KRW bn) Access Network □ 2019 CAPEX Backbone Network 3,711 § Executed KRW 3.26tn B2B Others § Focused on access network 3,313 3,257 investment for 5G □ CAPEX Breakdown 2,514 2,397 2,359 § Access Network: KRW 2.20tn 2,475 2,250 1,870 § Backbone
Slide 8: Contents
Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 AppendixContents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix
Slide 9: Business Overview: Wireless
K-IFRS / Consolidated 2-1 Business Overview Wireless (Unit: KRW bn) 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY □ Wireless Revenue up by 0.2% YoY § Service revenue up by 0.7% YoY Wireless 1,689.6 1,756.4 1,738.5 -1.0% 2.9% 6,954.1 6,970.7 0.2% due to 5G subscriber increase Service 1,616.8 1,656.0 1,640.1 -
Slide 10: Business Overview: Fixed Line
K-IFRS / Consolidated 2-2 Business Overview Fixed Line (Unit: KRW bn) 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY □ Fixed Line Revenue down by 1.0% YoY Fixed Line 1,178.4 1,168.2 1,172.9 0.4% -0.5% 4,745.1 4,697.1 -1.0% Telephony 417.8 396.7 382.5 -3.6% -8.4% 1,708.3 1,578.5 -7.6% □ Telephony Broadband 500
Slide 11: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit: KRW bn) 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY □ Media/Contents up by 13.5% YoY Media / Contents 648.7 701.3 707.6 0.9% 9.1% 2,414.3 2,740.0 13.5% □ Media Media 508.0 548.7 554.2 1.0% 9.1% 1,942.8 2,159.7 11.2% § IPTV net adds of 500K
Slide 12: Business Overview: Finance and Others
K-IFRS / Consolidated 2-4 Business Overview Finance and Others (Unit: KRW bn) 4Q18 3Q19 4Q19 QoQ YoY 2018 2019 YoY □ Finance Revenue down by 1.0% YoY Finance 863.2 836.2 886.8 6.1% 2.7% 3,444.9 3,411.8 -1.0% Other Services 641.2 596.0 638.8 7.2% -0.4% 2,426.8 2,426.7 0.0% □ Other Services keep the p
Slide 13: Contents
Contents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 AppendixContents 1 Financial Highlights 2 Business Overviews 3 Q&A 4 Appendix
Slide 14: K-IFRS Income Statement
4-1 K-IFRS Income Statement (Unit: KRW bn) Consolidated 1Q 18 2Q 18 3Q 18 4Q 18 2018 1Q 19 2Q 19 3Q 19 4Q 19 2019 KT Separate 1Q 18 2Q 18 3Q 18 4Q 18 2018 1Q 19 2Q 19 3Q 19 4Q 19 2019 Operating revenue 5,710.2 5,806.9 5,948.5 5,994.5 23,460.1 5,834.4 6,098.5 6,213.7 6,195.5 24,342.0 Operating revenu
Slide 15: K-IFRS Balance Sheet
4-2 K-IFRS Balance Sheet (Unit: KRW bn) 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 2Q 19 3Q 19 4Q 19 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 2Q 19 3Q 19 4Q 19 Consolidated KT Separate 30,618.1 30,118.3 32,794.8 32,188.8 33,247.8 33,469.4 33,661.3 34,061.3 24,790.1 24,528.5 24,958.9 26,010.9 26,837.7 26,959.8 27,076.4 27,7
Slide 16: Subscribers: Wireless
K-IFRS / Separate 4-3 Subscribers Wireless 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 2Q 19 3Q 19 4Q 19 QoQ YoY 1) Subscribers (Unit: 1,000) Total 20,378 20,662 20,920 21,120 21,333 21,549 21,771 21,922 0.7% 3.8% Net additions 363 284 258 200 213 216 222 150 -32.3% -25.0% Gross additions 1,211 1,160 1,200 1,179