Crown Castle Inc. · NYSE:CCI
Crown Castle — Crown Castle International — Q1 2016 Earnings Presentation
18 slides from Crown Castle's earnings presentation, Apr 21, 2016
Slide 1: Crown Castle
Slide 2: Supplemental Information Package and Non-GAAP Reconciliations
Supplemental Information Package and Non-GAAP Reconciliations First Quarter • March 31, 2016 The Foundation for a Wireless World. CrownCastle.com Crown Castle International Corp First Quarter 2016 TABLE OF CONTENTS Page Company Overview Company Profile Strategy Historical Dividend and AFFO per Share
Slide 3: Historical Dividend per Common Share
$4.70 $1.87 2012 2013 2014 2015 Q1 2016 LQA°” la Dividend per common share
Slide 4: General Company Information
(1) See reconciliations and definitions provided herein. See also "Definitions of Non-GAAP Financial Measures and Other Calculations" in the Appendix for a discussion of the definitions of FFO and AFFO. (2) Dividend per share represents the last quarter annualized ("LQA") which is calculated as the
Slide 5: Portfolio Footprint
15% [| 5 ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 6: LQA Site Rental Revenue and Gross Margin per Tower
LQA SITE RENTAL REVENUE PER TOWER LQA SITE RENTAL GROSS MARGIN PER TOWER
Slide 7: Tower Portfolio Metrics
$98 i ; ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 8: Invested Capital per Tower and Number of Towers
INVESTED CAPITAL PER TOWER (2) NUMBER OF TOWERS
Slide 9: Tower Portfolio Yield
$554 $549 ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 10: Portfolio Overview
(1) Yield is calculated as LQA site rental gross margin divided by invested capital. (2) Reflects gross total assets, including incremental capital invested by the Company since time of acquisition or construction completion. Inclusive of invested capital related to land at the tower site. Crown Cas
Slide 11: Tower Portfolio by Vintage
Sites operated ‘sreater than 10 Years Top a 100 BTA Sites operated less than or equal to 10 Years Outside Top 100 BTA
Slide 12: Tower Portfolio by Vintage
Sites operated ‘sreater than 10 Years Top a 100 BTA Sites operated less than or equal to 10 Years Outside Top 100 BTA
Slide 13: Distribution of Tower Tenancy
(1) Includes towers and rooftops, excludes small cells and third-party land interests. Crown Castle International Corp. First Quarter 2016 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX DISTRIBUTION OF TOWER TENANCY (as of March 31, 2016) PERCENTAGE O
Slide 14: Percentage of Towers by Tenants per Tower
tenants: $3 tenants: 19% Sonam: 8% Greater than § tenants: 6% 2 tenants: 28% Less than 2 tenants: 28%
Slide 15: Geographic Tower Distribution
Average: 2.7 Average: 2.0 GEOGRAPHIC TOWER DISTRIBUTION (as of March 31, 2016) (1) PERCENTAGE OF TOWERS BY GEOGRAPHIC LOCATION PERCENTAGE OF LQA SITE RENTAL REVENUE BY GEOGRAPHIC LOCATION
Slide 16: Geographic Tower Distribution by State
Slide 17: Ground Interest Overview
(1) Includes towers and rooftops, excludes small cells and third-party land interests. Crown Castle International Corp. First Quarter 2016 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX GROUND INTEREST OVERVIEW (as of March 31, 2016; dollars in millio
Slide 18: Liquidity Overview
(1) Where applicable, maturities reflect the Anticipated Repayment Date as defined in the respective debt agreement; excludes capital leases and other obligations; amounts presented at face value net of repurchases held at CCIC. Crown Castle International Corp. First Quarter 2016 COMPANY OVERVIEW FI
Crown Castle International — Q1 2016 Earnings Presentation on 6ix