Slide 1: SEC Cover Sheet
COVER SHEET p w0 0 0 0 1 1 7 7 G L 0 B E T E L E C ! i M 1 N C | I (Company'sFullName) 2 7 / F T H E G L oil B E T 0 W H R 3 2 N D S TR E ET R N E R T H A V E N U E 1 B 0 NI F AC I 0 G L|J0 B A L C 1 TY T A G U 1 G (Business Address: No. Street City / Town / Province) ALBERTO M. DE LARRAZABAL Contac
Slide 2: SEC Form 17-C Current Report
SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENTj REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC) AND SRC RULE 17(a)-1(b)(3) THEREUNDER 11 November 2014 Date of Repor t (Date of earliest event repor ted) 2. 1177 000-768-480-000 SEC Identification Number B1R Tax Identificatio
Slide 3: Financial and Operating Results: First Nine Months 2014
11/12/2014 Globe Telecom, Inc. FINANCIAL AND OPERATING RESULTS For the first nine months ending September 30, 2014 First Nine Months 2014 Performance Gross Service Revenues EBITDA (In Php Millions) (In Php Millions) 72,701 29,758 8% 5% 2% 25,006 10,681 67,257 4% 28,293 24,465 10,281 2Q14 3Q14 9M13 9
Slide 4: Mobile revenues increased 6% YoY on subscriber-driven growth
11/12/2014 Mobile revenues increased 6% YoY on the strength of subscriber driven growth across postpaid and prepaid; Total subscribers now at 42.9 million Mobile Revenues Mobile Subscribers (In Php Millions) (In Millions) 9M 2013 9M 2014 6% 17% 42.9 42.7 57,573 54,072 40.7 2.1 2.2 4% 38.5 2.1 11% 34
Slide 5: Sustained growth in broadband and fixed line data services
11/12/2014 Sustained growth in broadband and fixed line data services underpins the continued demand for data connectivity Broadband Revenues Broadband Subscribers (Cumulative; In Thousands) (In Php Millions) 36% 9,038 2,550 16% 2,190 2,248 3,183 1,881 2,032 Wireless 4% Wired 7,777 1,836 2,122 3,065
Slide 6: Creating a differentiated customer experience with new products and services
11/12/2014 Creating a differentiated customer experience with new products and services New Mobile and Broadband Offers First International Store SEA-US Cable System Awards and Recognitions New Duo International Promo 7 FINANCIAL PERFORMANCE For the first nine months ending 30 September 2014 4
Slide 7: Consolidated Financial Highlights
11/12/2014 Consolidated Financial Highlights Y/Y Q/Q In Php Millions 9M14 9M13 3Q14 2Q14 Change Change Service Revenues 72,701 67,257 8% 25,006 24,465 2% OPEX & Subsidy* (42,943) (38,964) 10% (14,325) (14,184) 1% EBITDA 29,758 28,293 5% 10,681 10,281 4% EBITDA Margin 41% 42% (1%) 43% 42% 1% Deprecia
Slide 8: Capital expenditures and gross debt
11/12/2014 Capital expenditures at approximately Php16 Billion, in line with Php29 Billion CAPEX guidance for 2014 9M14 CAPEX Breakdown Others CAPEX 12% In Php Millions Business Core Capex Support 24% Systems 14% 29,000 Data-driven CAPEX Guidance for 2014 50% 28,999 32% 35% 18,007 20,124 50% 15,922
Slide 9: Cash Dividends: Sustained commitment to delivering value to our shareholders
11/12/2014 Cash Dividends: Sustained commitment to delivering value to our shareholders Globe 2014 Dividend Yield* 4.4%* 4% 3% Key Information 2% Cash Dividend per Php 18.75 GLO PSE Index 5YR PDST 7YR PDST Common Share Record Date Nov 25, 2014 2014 YTD Total Shareholder Return (as of October 31, 201
Slide 10: Appendix 1: Historical Consolidated Service Revenues and EBITDA Margin
11/12/2014 Appendix Appendix 1: Historical Consolidated Gross / Net Service Revenues and EBITDA Margin 2013 2014 (In Million Pesos) 1Q 2Q 3Q 4Q 1Q 2Q 3Q CONSOLIDATED SERVICE REVENUES Mobile 17,124 18,717 18,232 18,691 18,456 19,342 19,775 Voice 7,670 8,268 8,052 8,377 8,658 8,684 8,471 SMS 6,961 7,3
Slide 11: Appendix 2: Net Income and Core Net Income
11/12/2014 Appendix 2: Net Income and Core Net Income (in Million Pesos) 9M14 9M13 % Change 3Q14 2Q14 % Change Reported Net Income After Tax 10,528 3,530 198% 3,693 3,886 -5% Deferred Tax on Unexercised Stock Options 73 (102) -172% 19 13 46% Add (deduct) Forex loss (gain) (24) 380 -106% 106 (285) -1