Taiwan Mobile Co., Ltd. · TWSE:3045
Taiwan Mobile — Q2 2012 Earnings Presentation
16 slides from Taiwan Mobile's earnings presentation, Jul 26, 2012
Slide 1: Taiwan Mobile Co., Ltd. 2Q12 Results Summary
Taiwan Mobile Co., Ltd. 2Q12 Results Summary July 26, 2012 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 l off new information, i f i f future events or otherwise, h i and d Taiwan T i M bil Mobile Co., Ltd. (the “Company”) undertakes no obligat
Slide 3: Business Overview
Business Overview 3
Slide 4: Robust Wireless Data Growth
Robust Wireless Data Growth Mobile Service Revenue YoY Change YoY Growth Rate Unit: NT$mn 1,263 1,269 6.5% 987 5.9% 2Q11 1Q12 2Q12 (377) (451) (770) 1.6% Data Voice 2Q11 1Q12 2Q12 4
Slide 5: Our Smartphone Strategy
Our Smartphone Strategy Smartphone as % of total Current exclusive models handsets sold 74% 52% Samsung Sony ion Moto SIII 32G XT910 2Q11 2Q12 2012 YTD Contribution comparison Nokia LG LUMIA 610 Optimus L7 Sony Xperia P 1,483 779 Post-paid Smartphone Samsung Moto XT550 TWM T3 TWM Galaxy Ace Amazing
Slide 6: CATV Growth Catalysts
CATV Growth Catalysts y Sub S b no. no Basic TV 2Q12 YoY ARPU Cable internet Digital TV Subscription growth Subscription 578K subs 163K subs 62K subs Analogue TV 1% 503 Cable internet 11% 544 DTV 79% 138 High speed cable internet mix 21% Blended 763, +3% YoY ARPU * 1% * Calculation based on total ca
Slide 7: New Product & Service
New Product & Service Exclusively introduced Samsung SIII 32G, Sony Xperia ion, Nokia LUMIA 610, LG Optimus L7, Moto XT550, and our own-brand smartphone Amazing. Launched a low-price bundled rate plan catered to light users featuring as low as NT$50 for 1GB data usage per month for the first six mon
Slide 8: Financial Overview
Financial Overview 8
Slide 9: Result Summary
Result Summary % of 1H12 as % of NT$mn 2Q12 2Q11 YoY 2Q12 Full Year Guidance Guidance Revenue 23,722 17,975 32% 96% 47% Cost (14 732) (14,732) (10 358) (10,358) 42% 94% 46% Marketing expense (2,992) (2,321) 29% 94% 47% G&A expense (1,215) (1,038) 17% 101% 49% Operating income 4,784 4,258 12% 101% 48
Slide 10: Divisional Performance
Divisional Performance Revenue EBITDA NT$bn momo momo CBG EBG HBG & Total CBG EBG HBG & Total Others Others 2Q12 15.34 2.60 1.52 4.26 23.72 5.30 0.93 0.81 0.16 7.20 % of 65% 11% 6% 18% 100% 74% 13% 11% 2% 100% total QoQ -1% 2% 1% -4% -1% 10% 34% 1% -44% 9% YoY 9% 9% 4% NM 32% 2% 44% 6% NM 9% 10
Slide 11: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 2Q12 1Q12 2Q11 2Q12 1Q12 2Q11 Total Assets 90.38 89.81 87.16 Liabilities 47.08 36.34 41.93 C rrent Assets Current 17 96 17.96 17 01 17.01 19 21 19.21 C rrent Liabilities Current 41 63 41.63 30 92 30.92 32 80 32.80 - Cash & Cash Equivalents 6.13 5.62 9.87 - ST Debts 5.85
Slide 12: Cash Flow Analysis
Cash Flow Analysis NT$bn 2Q12 1Q12 2Q11 Operating Cash Flow 6.38 5.04 5.84 Investing Cash Flow (1.87) (1.85) (1.56) Financing Cash Flow (4.00) (4.26) (0.33) NT$bn $ 2Q12 Q 1Q12 Q 2Q11 Q Cash CAPEX (1.68) (1.74) (1.34) Free Cash Flow 4 70 4.70 3 30 3.30 4 50 4.50 12
Slide 13: Recognitions & Key Message
Recognitions & Key Message 13
Slide 14: Award & Recognition
Award & Recognition Ranked 1st in the “Info Tech 100 Taiwan” and 8th in the “Info Tech 100 A Asia” i ”bby Business B i N Nextt Magazine. M i Won the “Trusted Brand Gold Award” by Reader’s Digest for the ninth consecutive year. For the fifth time,, winner of the “Corporate p Social Responsibility p y
Slide 15: Key Message
Key y Message g To meet increased demand for data data, we have stepped up our efforts to further build out our network. These efforts will continue prudently Overall, prudently. Overall we reiterate our confidence in achieving our 2012 targets. 15
Slide 16: Q&A
Q&A 16