Slide 1: Results for the Full Year 2012
Results for the Full Year 2012 > > > > > > > in EUR million Q4 2012 Q4 2011 % change 1-12 M 2012 1-12 M 2011 % change Revenues 1,117.8 1,115.9 0.2% 4,329.7 4,454.6 -2.8% EBITDA comparable 318.8 336.9 -5.4% 1,455.4 1,527.3 -4.7% Operating income 68.7 -216.4 n.m. 456.8 -7.6 n.m. Net income -76.3 -321.
Slide 2: Group Review
Results for the Full Year 2012 1 Group Review Summary
Slide 3: Group EBITDA comparable decline despite stable revenues
Group EBITDA comparable decline despite stable revenues Telekom Austria Group Quarterly Comparison: In the fourth quarter of 2012 Group revenues amounted to EUR 1,117.8 million and rose slightly by 0.2 % compared to the fourth quarter of 2011. Lower revenues from the Austrian and from the Bulgarian
Slide 4: Market Environment
Results for the Full Year 2012 3 Market Environment
Slide 5: Telekom Austria Group Outlook for Full Year 2013
4 Telekom Austria Group Telekom Austria Group Outlook for Full Year 2013 Outlook 2013 as of 28 February 2013 Revenues approximately EUR 4.1 bn Capital Expenditures* approximately EUR 0.7 bn Dividend DPS of EUR 0.05
Slide 6: Year-to-Date Comparison Revenues
Results for the Full Year 2012 5 Year-to-Date Comparison Revenues Revenues in EUR million 1– 12 M 2012 1– 12 M 2011 % change Austria 2,787.1 2,942.1 – 5.3% Bulgaria 469.1 527.7 – 11.1% Croatia 420.4 420.7 – 0.1% Belarus 301.2 260.9 15.5% Additional Markets 426.6 396.4 7.6% Corporate & Holding, Elimi
Slide 7: EBITDA
6 Telekom Austria Group EBITDA EBITDA comparable in EUR million 1– 12 M 2012 1– 12 M 2011 % change Austria 902.9 972.6 – 7.2% Bulgaria 207.4 261.9 – 20.8% Croatia 136.6 134.5 1.5% Belarus 124.4 106.6 16.7% Additional Markets 117.3 90.4 29.7% Corporate & Holding, Eliminations – 33.1 – 38.6 – 14.4% To
Slide 8: Operating Income Consolidated Net Income
Results for the Full Year 2012 7 EBITDA incl. effects from restructuring and impairment tests in EUR million 1– 12 M 2012 1– 12 M 2011 % change Austria 868.2 738.9 17.5% Bulgaria 207.4 242.6 – 14.5% Croatia 136.6 134.5 1.5% Belarus 124.4 – 172.4 n.m. Additional Markets 117.3 139.8 – 16.1% Corporate
Slide 9: Balance Sheet and Net Debt Cash Flow
8 Telekom Austria Group Balance Sheet and Net Debt Net Debt in EUR million Dec 31, 2012 Dec. 31, 2011 % change Net Debt 3,248.9 3,380.3 – 3.9% Net Debt/EBITDA comparable (12 months) excluding restructuring program 2.2x 2.2x Cash Flow Cash Flow in EUR million 1– 12 M 2012 1– 12 M 2011 % change Cash f
Slide 10: Capital Expenditures
Results for the Full Year 2012 9 Capital Expenditures Capital Expenditures in EUR million 1– 12 M 2012 1– 12 M 2011 % change Austria 448.2 485.1 – 7.6% Bulgaria 68.8 70.5 – 2.4% Croatia 78.8 50.5 56.0% Belarus 43.7 44.9 – 2.7% Additional Markets 88.8 87.9 1.0% Corporate & Holding, Eliminations – 0.2
Slide 11: Quarterly Analysis Segment Austria
10 Telekom Austria Group Quarterly Analysis Segment Austria Key Performance Indicators Austria in EUR million Q4 2012 Q4 2011 % change Revenues 721.0 752.0 – 4.1% EBITDA comparable 199.8 226.5 – 11.8% EBITDA incl. effects from restructuring and impairment tests 186.8 217.5 – 14.1% EBIT 41.1 61.2 – 3
Slide 12: Results for the Full Year 2012
Results for the Full Year 2012 11
Slide 13: Segment Bulgaria
12 Telekom Austria Group Segment Bulgaria Key Performance Indicators Bulgaria in EUR million Q4 2012 Q4 2011 % change Revenues 110.8 132.6 – 16.5% EBITDA comparable 43.0 58.1 – 26.1% EBITDA incl. effects from restructuring and impairment tests 43.0 38.8 10.7% EBIT 14.6 – 13.9 n.m. Mobile Communicati
Slide 14: Segment Croatia
Results for the Full Year 2012 13 Segment Croatia Key Performance Indicators Croatia in EUR million Q4 2012 Q4 2011 % change Revenues 106.4 106.3 0.1% EBITDA comparable 22.5 30.3 – 25.7% EBITDA incl. effects from restructuring and impairment tests 22.5 30.3 – 25.7% EBIT 5.7 13.1 – 56.4% Mobile Commu
Slide 15: Segment Belarus
14 Telekom Austria Group Segment Belarus Key Performance Indicators Belarus in EUR million Q4 2012 Q4 2011 % change Revenues 83.3 41.2* n.m.* EBITDA comparable 34.8 6.9* n.m.* EBITDA incl. effects from restructuring and impairment tests 34.8 – 272.1* n.m.* EBIT 11.4 – 312.9* n.m.* Mobile Communicati
Slide 16: Segment Additional Markets
Results for the Full Year 2012 15 Segment Additional Markets Key Performance Indicators Slovenia in EUR million Q4 2012 Q4 2011 % change Revenues 50.6 50.8 – 0.4% EBITDA comparable 13.8 12.6 9.6% EBITDA incl. restructuring and impairment test 13.8 12.6 9.6% EBIT 7.5 7.3 2.3% Mobile Subscribers ('000
Slide 17: Consolidated Net Income
16 Telekom Austria Group Key Performance Indicators Republic of Macedonia in EUR million Q4 2012 Q4 2011 % change Revenues 15.6 14.1 11.0% EBITDA comparable 2.8 5.2 – 46.1% EBITDA incl. restructuring and impairment test 2.8 5.2 – 46.1% EBIT 0.5 – 3.5 n.m. Mobile Subscribers ('000) 632.0 566.6 11.5%
Slide 18: Cash Flow and Capital Expenditures
Results for the Full Year 2012 17 Cash Flow and Capital Expenditures Cash Flow in EUR million Q4 2012 Q4 2011 % change Cash flow from operating activities 250.6 378.6 – 33.8% Cash flow from investing activities – 194.9 – 283.4 – 31.2% Cash flow from financing activities 36.8 33.3 10.6% Effect of exc
Slide 19: Additional Information
18 Telekom Austria Group Additional Information Personnel Subsequent and Other Events › › › › › Other
Slide 20: Consolidated Financial Statements
Results for the Full Year 2012 19 Consolidated Financial Statements Telekom Austria Group Condensed Consolidated Statements of Operations Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million, except per share information unaudited unaudited audited audited Operating revenues 1,117.8 1,115.9 4,32
Slide 21: Condensed Statement of Comprehensive Income
20 Results for the Full Year 2012 Condensed Statement of Comprehensive Income Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million unaudited unaudited audited audited Net Result – 76.3 – 321.5 103.8 – 252.8 Unrealized result on securities available-for-sale 0.0 0.0 0.3 – 0.6 Income tax (expense)
Slide 22: Condensed Consolidated Statements of Financial Position
Results for the Full Year 2012 21 Condensed Consolidated Statements of Financial Position Dec. 31, 2012 Dec. 31, 2011 in EUR million audited audited ASSETS Current assets Cash and cash equivalents 600.8 460.0 Short-term investments 85.1 166.0 Accounts receivable - trade, net of allowances 746.9 737.
Slide 23: Condensed Consolidated Statements of Cash Flows
22 Results for the Full Year 2012 Condensed Consolidated Statements of Cash Flows Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million unaudited unaudited audited audited Cash flow from operating activities Net Result – 76.3 – 321.5 103.8 – 252.8 Adjustments to reconcile net result to operating
Slide 24: Condensed Consolidated Statements of Changes in Stockholders' Equity
Results for the Full Year 2012 23 Condensed Consolidated Statements of Changes in Stockholders’ Equity Additional Non- Total Common Treasury paid-in Retained Market value Translation controlling stockholders' in EUR million (audited) stock shares capital earnings reserves adjustment Total interest e
Slide 25: Condensed Operating Segments
24 Results for the Full Year 2012 Condensed Operating Segments 1– 12 M 2012 Additional Corporate & Elimina- Consoli- in EUR million (audited) Austria Bulgaria Croatia Belarus Markets Other tions dated External revenues 2,763.7 448.3 405.4 301.2 411.1 0.0 0.0 4,329.7 Intersegmental revenues 23.4 20.8
Slide 26: Results by Segments Capital Expenditures
Results for the Full Year 2012 25 Results by Segments Q4 2012 Q4 2011 % change 1– 12 M 2012 1– 12 M 2011 % change in EUR million unaudited unaudited audited audited Revenues Austria 721.0 752.0 – 4.1% 2,787.1 2,942.1 – 5.3% Bulgaria 110.8 132.6 – 16.5% 469.1 527.7 – 11.1% Croatia 106.4 106.3 0.1% 42
Slide 27: Net Debt Personnel Key Data Segment Austria
26 Results for the Full Year 2012 Net Debt Dec. 31, 2012 Dec. 31, 2011 in EUR million audited audited Long-term debt 2,832.0 2,960.4 Short-term borrowings 1,078.6 1,052.4 Cash and cash equivalents and short-term investments – 685.9 – 625.9 Long-term investments and finance lease receivables – 29.5 –
Slide 28: Key Data Segment Austria
Results for the Full Year 2012 27 Key Data Segment Austria Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 Key Data Fixed Line - Austria unaudited unaudited % change unaudited unaudited % change Average revenues per access line (in EUR) 32.9 32.5 1.3% 32.1 32.2 – 0.5% Fixed service revenues (in EUR mn) 22
Slide 29: Key Data Segment Bulgaria and Croatia
28 Results for the Full Year 2012 Key Data Segment Bulgaria* Bulgaria Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million unaudited unaudited % change unaudited unaudited % change Revenues 110.8 132.6 – 16.5% 469.1 527.7 – 11.1% EBITDA comparable 43.0 58.1 – 26.1% 207.4 261.9 – 20.8% EBITDA inc
Slide 30: Key Data Segment Belarus and Additional Markets
Results for the Full Year 2012 29 Key Data Segment Belarus* Belarus Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million unaudited unaudited % change unaudited unaudited % change Revenues 83.3 41.2** n.m. ** 301.2 260.9 15.5% EBITDA comparable 34.8 6.9** n.m. ** 124.4 106.6 16.7% EBITDA incl. ef
Slide 31: Key Data Segment Additional Markets
30 Results for the Full Year 2012 Key Data Segment Additional Markets Republic of Serbia Q4 2012 Q4 2011 1– 12 M 2012 1– 12 M 2011 in EUR million unaudited unaudited % change unaudited unaudited % change Revenues 43.2 38.9 11.2% 160.4 143.1 12.1% EBITDA comparable 13.9 9.9 40.4% 49.0 31.5 55.6% EBIT